Common use of RETENTION LIMITS Clause in Contracts

RETENTION LIMITS. Issue Age Retention Limit --------- --------------- 0 - 75 1,000,000 76 - 90 100,000 It is understood that the amount retained by the company includes its retention under any inforce policies Constant Risk Retention The Company will retain a constant amount of the net amount at risk on a policy. Any change in the net amount at risk due to changes in the cash value applicable to the policy will be allocated to the reinsurers. The Automatic Acceptance Limits The Reinsurer will automatically accept 25% of the excess over the Company's Retention up to the following limits on a per life basis: Issue Age Automatic Limit --------- --------------- 0 - 75 20,000,000 76 - 90 2,000,000 Jumbo Limit Ages ---- 0-75 $30,000,000 76-85 5,000,000 Exhibit F Reinsurance Reports