Common use of Retention and Limit Clause in Contracts

Retention and Limit. The Reinsurer will accept a fixed proportion of [up to 30%] of the Company's loss on the first $1,000,000 on behalf of the Company under each and every Policy subject to this Agreement, as follows: [3/1/02 to 2/28/03 12.50%, 3/1/03 to 12/31/04 15%, 1/1/05 to 12/31/12 30% (except for business produced on behalf of Peoples Benefit Life Insurance Company which proportion shall be 15% effective 9/1/02 to 8/31/03. For business produced by Fidelity Security Life Insurance Company such proportion shall be 15% effective 9/1/02 to 8/31/03].

Appears in 1 contract

Samples: Quota Share Reinsurance Agreement (American Independence Corp)

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Retention and Limit. The Reinsurer will accept a fixed proportion of [up to 3050%] of the Company's loss on the first $1,000,000 on behalf of the Company under each and every Policy subject to this Agreement, as follows: [3/1/02 1/1/04 to 2/28/03 12.5012/31/11 30%, 3/1/03 to 12/31/04 15%, 1/1/05 to 12/31/12 30% (except for business produced on behalf of by Peoples Benefit Life Insurance Company Company/Monumental Life Insurance Company, which proportion shall be 1525% effective 9/1/02 9/1/03 to 8/31/03. For 12/31/11; business produced by Fidelity Security Life Insurance Company such Company, which proportion shall be 1520% effective 9/1/02 9/1/03 to 8/31/0312/31/11].

Appears in 1 contract

Samples: Quota Share Reinsurance Agreement (American Independence Corp)

Retention and Limit. The Reinsurer will accept a fixed proportion of [up to 30%] of the Company's loss on the first $1,000,000 on behalf of the Company under each and every Policy subject to this Agreement, as follows: [3/1/02 1/1/02 to 2/28/03 12.5012/31/02 5%, 3/1/03 1/1/03 to 12/31/03 15%, 1/1/04 to 12/31/04 1525%, 1/1/05 to 12/31/12 12/31/05 28%, 1/1/06 to 12/31/11 30% %; (except for business produced on behalf of Peoples Benefit Life Insurance Company which proportion shall be 1520% effective 9/1/02 7/1/02 to 8/31/03. For business produced by Fidelity Security Life Insurance Company such proportion shall be 1512/31/04, 23% effective 9/1/02 1/1/05 to 8/31/0312/31/11)].

Appears in 1 contract

Samples: Quota Share Reinsurance Agreement (American Independence Corp)

Retention and Limit. The Reinsurer will accept a fixed proportion of [up to 30%] of the Company's loss on the first $1,000,000 on behalf of the Company under each and every Policy subject to this Agreement, as follows: [3/1/02 to 2/28/03 12.50%, 3/1/03 to 12/31/04 15%, 1/1/05 to 12/31/12 3012/31/21 10% (except for (1) MUST I business which proportion shall be 15% effective 1/1/09 to 12/31/12, and (2) business produced on behalf of Peoples Benefit by Companion Life Insurance Company which proportion shall be 155% effective 9/1/02 1/1/06 to 8/31/03. For business produced by Fidelity Security Life Insurance Company such proportion shall be 15% effective 9/1/02 to 8/31/0312/30/12)].

Appears in 1 contract

Samples: Quota Share Reinsurance Agreement (American Independence Corp)

Retention and Limit. The Reinsurer will accept a fixed proportion of [up to 30%] of the Company's loss on the first $1,000,000 on behalf of the Company under each and every Policy subject to this Agreement, as follows: [3/1/02 to 2/28/03 12.50%, 3/1/03 to 12/31/04 15%, 1/1/05 1/1/04 to 12/31/12 30% (%, except for business produced on behalf of by Peoples Benefit Life Insurance Company Company/Monumental Life Insurance Company, which proportion shall be 1525% effective 9/1/02 9/1/03 to 8/31/03. For 12/31/11; business produced by Fidelity Security Life Insurance Company such Company, which proportion shall be 1520% effective 9/1/02 9/1/03 to 8/31/0312/31/11].

Appears in 1 contract

Samples: Quota Share Reinsurance Agreement (American Independence Corp)

Retention and Limit. The Reinsurer will accept a fixed proportion of [up to 30%] of the Company's loss on the first $1,000,000 on behalf of the Company under each and every Policy subject to this Agreement, as follows: [3/1/02 to 2/28/03 12.50%, 3/1/03 to 12/31/04 6/30/04 15%, 1/1/05 7/1/04 to 12/31/12 30% (except 12/31/11 20%; for business produced on behalf of Peoples Benefit by Life Investors Insurance Company which Company/Western Reserve. Life Ins. Co. the proportion shall be 15% 25%, effective 9/1/02 7/1/05 to 8/31/0312/31/11. For business produced by Fidelity Security Life Insurance the Company such the proportion shall be 15% 20%, effective 9/1/02 1/1/08 to 8/31/0312/31/11].

Appears in 1 contract

Samples: Quota Share Reinsurance Agreement (American Independence Corp)

Retention and Limit. The Reinsurer will accept a fixed proportion of [up to 3050%] of the Company's loss on the first $1,000,000 on behalf of the Company under each and every Policy subject to this Agreement, as follows: [3/1/02 to 2/28/03 12.50%, 3/1/03 to 12/31/04 15%, 1/1/05 to 12/31/12 3012/31/11 10% (except for (1) MUST I business which proportion shall be 15% effective 1/1/09 to 12/31/11, and (2) business produced on behalf of Peoples Benefit by Companion Life Insurance Company which proportion shall be 155% effective 9/1/02 1/1/06 to 8/31/03. For business produced by Fidelity Security Life Insurance Company such proportion shall be 15% effective 9/1/02 to 8/31/0312/30/11)].

Appears in 1 contract

Samples: Quota Share Reinsurance Agreement (American Independence Corp)

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Retention and Limit. The Reinsurer will accept a fixed proportion of [up to 3050%] of the Company's loss on the first $1,000,000 on behalf of the Company under each and every Policy subject to this Agreement, as follows: [3/1/02 to 2/28/03 12.50%, 3/1/03 to 12/31/04 15%, 1/1/05 to 12/31/12 12/31/11 30% (except for business produced on behalf of Peoples Benefit Life Insurance Company which proportion shall be 15% effective 9/1/02 to 8/31/03. For business produced by Fidelity Security Life Insurance Company such proportion shall be 15% effective 9/1/02 to 8/31/03].

Appears in 1 contract

Samples: Quota Share Reinsurance Agreement (American Independence Corp)

Retention and Limit. The Reinsurer will accept a fixed proportion of [up to 3050%] of the Company's loss on the first $1,000,000 on behalf of the Company under each and every Policy subject to this Agreement, as follows: [3/1/02 1/1/02 to 2/28/03 12.5012/31/02 5%, 3/1/03 1/1/03 to 12/31/03 15%, 1/1/04 to 12/31/04 1525%, 1/1/05 to 12/31/12 12/31/05 28%, 1/1/06 to 12/31/11 30% %; (except for business produced on behalf of Peoples Benefit Life Insurance Company which proportion shall be 1520% effective 9/1/02 7/1/02 to 8/31/03. For business produced by Fidelity Security Life Insurance Company such proportion shall be 1512/31/04, 23% effective 9/1/02 1/1/05 to 8/31/0312/31/11)].

Appears in 1 contract

Samples: Quota Share Reinsurance Agreement (American Independence Corp)

Retention and Limit. The Reinsurer will accept a fixed proportion of [up to 3050%] of the Company's loss on the first $1,000,000 on behalf of the Company under each and every Policy subject to this Agreement, as follows: [3/1/02 to 2/28/03 12.50%, 3/1/03 to 12/31/04 6/30/04 15%, 1/1/05 7/1/04 to 12/31/12 30% (except 12/31/11 20%; for business produced on behalf of Peoples Benefit by Life Investors Insurance Company which Company/Western Reserve. Life Ins. Co. the proportion shall be 15% 25%, effective 9/1/02 7/1/05 to 8/31/0312/31/11. For business produced by Fidelity Security Life Insurance the Company such the proportion shall be 15% 20%, effective 9/1/02 1/1/08 to 8/31/0312/31/11].

Appears in 1 contract

Samples: Quota Share Reinsurance Agreement (American Independence Corp)

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