Common use of RESERVES FOR REINSURANCE Clause in Contracts

RESERVES FOR REINSURANCE. The reinsurance reserve is the one-year term reserve on the portion of each policy reinsured. This reserve will be calculated using 1980 CSO ultimate mortality and 4 ½ % interest.

Appears in 12 contracts

Samples: Reinsurance Agreement (Pruco Life Variable Universal Account), Yearly Renewable Term Reinsurance Agreement (Pruco Life Variable Universal Account), Reinsurance Agreement (Pruco Life Variable Universal Account)

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RESERVES FOR REINSURANCE. The reinsurance reserve is the one-year term reserve on the portion of each policy reinsured. This reserve will be calculated using 1980 CSO ultimate mortality and 4 ½ 1/2 % interest.

Appears in 8 contracts

Samples: Reinsurance Agreement (Pruco Life of New Jersey Variable Appreciable Account), Reinsurance Agreement (Pruco Life Variable Universal Account), Reinsurance Agreement (Pruco Life of New Jersey Variable Appreciable Account)

RESERVES FOR REINSURANCE. The reinsurance reserve is the one-year term reserve on the portion of each policy reinsured. This reserve will be calculated using 1980 CSO ultimate mortality and 4 ½ % ½% interest.

Appears in 1 contract

Samples: Yearly Renewable Term Reinsurance Agreement (Pruco Life Variable Universal Account)

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RESERVES FOR REINSURANCE. The reinsurance reserve is the one-year term reserve on the portion of each policy reinsured. This reserve will be calculated using 1980 CSO ultimate mortality and 4 ½ % 4½% interest.

Appears in 1 contract

Samples: Reinsurance Agreement (Pruco Life of New Jersey Variable Appreciable Account)

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