RIDERS AND BENEFITS Sample Clauses
RIDERS AND BENEFITS. Primary Insured Term Rider (PTR) attached to Term Plans
RIDERS AND BENEFITS. Waiver of Premium Reinsurance premiums will be 0% of the Ceding Company's premiums, as shown in this Exhibit, in the first policy year and 90% in renewal years. Accidental Death Benefit Reinsurance premiums will be $0.25 per thousand in the first policy year and $0.90 per thousand in renewal years. PREMIUM RATES FOR PLANS, BENEFITS AND RIDERS 7580 ML
RIDERS AND BENEFITS. Waiver of Premium Reinsurance premiums will be 10% of the Ceding Company's premiums, as shown in this Exhibit, in the first policy year and 85% in renewal years. Premium rates for conversions to plans not covered by an existing agreement with the Reinsurer, shall be the same as the rates defined in Exhibit C of this agreement. The Ceding Company will self-administer all reinsurance reporting. The Ceding Company will send the Reinsurer the reports listed below at the frequency specified.
1. New Business
2. First Year - Other than New Business 3. Renewal Year 4. Changes and Terminations 5. Accounting Information
RIDERS AND BENEFITS. All riders will be reinsured using the same rates as the base policy unless otherwise noted. Single Life riders a) Accelerated Benefit Rider – Terminal Illness. No charge for this rider. b) Accelerated Benefit Rider – Critical Illness. No charge for this rider. c) Accelerated Benefit Rider – Chronic Illness - Current Version. No charge for this rider. d) Accelerated Benefit Rider – Chronic Illness - New York Version. No charge for this rider. e) Accelerated Care Rider: Ceding Company pays no reinsurance premium and the reinsurer pays proportional share of discounted death benefit, essentially treated like an Accelerated Benefit Rider.
RIDERS AND BENEFITS. Terminal Illness ABR Chronic Illness ABR Additional Insurance Option (AIO) Exchange to New Insured Rider (ENIR) Adds Rider Flex Term Rider Automatic Increase Rider Accelerated Care Rider (ACR) Automatic Protection Rider (APB) The premiums for these riders are the same as the original policy to which they are attached, point-in-scale.
RIDERS AND BENEFITS. Waiver of Premium Reinsurance premiums will be 0% of the Ceding Company's premiums, as shown in this Exhibit, in the first policy year and 90% in renewal years. Accidental Death Benefit Reinsurance premiums will be $0.25 per thousand in the first policy year and $0.90 per thousand in renewal years. PREMIUM RATES FOR PLANS, BENEFITS AND RIDERS EXHIBIT G Self-Administered Reporting
G.1 The Ceding Company will self-administer all reinsurance reporting. The Ceding Company will send the Reinsurer the reports listed below at the frequency specified. Transaction Reports: Monthly
1. New Business
2. First Year -- Other than New Business
3. Renewal Year 4. Changes and Terminations
RIDERS AND BENEFITS. Accelerated Death Benefit Rider – No charge at issue
RIDERS AND BENEFITS. Change of Insured Rider and Supplementary Insurance Rider—when exercised, the reinsurance premium rates are the same as base rates as stated under E.1 in this exhibit. The Ceding Company will self-administer all reinsurance reporting. The Ceding Company will send Munich Re, U.S. (Life) the reports listed below. The reports shall be in an electronic data format acceptable to Munich Re, U.S. (Life). If changes to the data format are made, the Ceding Company shall provide an updated data dictionary and file layout.
RIDERS AND BENEFITS. Waiver of Premium Reinsurance premiums will be 0% of the Ceding Company's premiums, as shown in this Exhibit, in the first policy year and 90% in renewal years. Accidental Death Benefit Reinsurance premiums will be $0.25 per thousand in the first policy year and $0.90 per thousand in renewal years. PREMIUM RATES FOR PLANS, BENEFITS AND RIDERS EXHIBIT F Conversion Premiums Premium rates for conversions to plans not covered by an existing agreement with the Reinsurer, shall be the same as the rates defined in Exhibit E of this agreement. EXHIBIT G Self-Administered Reporting
G.1 The Ceding Company will self-administer all reinsurance reporting. The Ceding Company will send the Reinsurer the reports listed below at the frequency specified. Transaction Reports: Monthly
1. New Business
2. First Year -- Other than New Business 3. Renewal Year
RIDERS AND BENEFITS. On the VUL 2008 Plan: - Term Rider, Other Insured Rider. The reinsurance premium for these riders will be the same as the basic premiums the Ceding Company pays the Reinsurer, as developed in Section E.1, Basis 2 above. On the IUL 2008 Plan: - Term Rider, Other Insured Rider. The reinsurance premium for these riders will be the same as the basic premiums the Ceding Company pays the Reinsurer, as developed in Section E.1, Basis 1 above. Premium rates for conversions to plans not covered by an existing agreement with the Reinsurer shall be the same as the rates defined in Exhibit E of this agreement.
G.1 The Ceding Company will self-administer all reinsurance reporting. The Ceding Company will send the Reinsurer the reports listed below at the frequency specified. The Ceding Company acknowledges that timely and correct compliance with the reporting requirements of this Agreement are a material element of the Ceding Company’s responsibilities hereunder and an important basis of the Reinsurer’s ability to reinsure the risks hereunder. Consistent and material non-compliance with reporting requirements, including extended delays, will constitute a material breach of the terms of this Agreement.
1. New Business
2. First Year – Other than New Business
3. Renewal Year
4. Changes and Terminations
5. Accounting Information
6. Statutory Reserve Information
7. Policy Exhibit Information
