Common use of SELF-ADMINISTERED BUSINESS Clause in Contracts

SELF-ADMINISTERED BUSINESS. Promptly after liability for insurance has begun on an individual risk, the CEDING COMPANY shall have the responsibility of maintaining adequate records for the administration of the reinsurance amount and shall furnish COMPANY B with monthly reports, in substantial conformity with the following: A. MONTHLY NEW BUSINESS REPORT For new business, the CEDING COMPANY must identify the reinsurance agreement and provide information adequate for COMPANY B to establish reserves, check retention limits, and verify premium calculation. 1) policy number 2) full name of insured 3) date of birth 4) sex 5) issue age 6) policy date 7) underwriting classification 8) plan of insurance/code 9) amount issued 10) amount ceded 11) automatic/facultative indicator 12) state of residence 13) table rating 14) flat extra (amount + number of years) 15) death benefit option (UL products) 16) current net amount at risk 17) transaction code 18) riders (if applicable)

SELF-ADMINISTERED BUSINESS. Promptly after liability for insurance has begun on an individual risk, the CEDING COMPANY shall have the responsibility of maintaining adequate records for the administration of the reinsurance amount and shall furnish COMPANY B LINCOLN with monthly reports, in substantial conformity with the following: A. MONTHLY NEW BUSINESS REPORT For new business, the CEDING COMPANY must identify the reinsurance agreement and provide information adequate for COMPANY B LINCOLN to establish reserves, check retention limits, and verify premium calculation. 1) policy number number 2) full name of insured insured 3) date of birth birth 4) sex sex 5) issue age age 6) policy date date 7) underwriting classification classification 8) plan of insurance/code 9) amount issued 10) amount ceded ceded 11) automatic/facultative indicator indicator 12) state of residence residence 13) table rating rating 14) flat extra (amount + number of years) ) 15) death benefit option (UL products) ) 16) current net amount at risk 17) transaction code 18) riders (if applicable)

SELF-ADMINISTERED BUSINESS. Promptly after liability for insurance has begun on an individual risk, the CEDING COMPANY shall have the responsibility of maintaining adequate records for the administration of the reinsurance amount and shall furnish COMPANY B GENERALI with monthly periodic reports, in substantial conformity with the following: A. MONTHLY NEW BUSINESS REPORT For new business, the CEDING COMPANY must identify the reinsurance agreement and provide information adequate for COMPANY B GENERALI to establish reserves, check retention limits, and verify premium calculation. 1) policy number number 2) full name of insured insured 3) date of birth birth 4) sex sex 5) issue age age 6) policy date date 7) underwriting classification classification 8) plan of insurance/code 9) amount issued 10) amount ceded ceded 11) automatic/facultative indicator indicator 12) state of residence residence 13) table rating rating 14) flat extra (amount + number of years) ) 15) death benefit option (UL products) ) 16) current net amount at risk risk 17) transaction code 18) riders (if applicable)

SELF-ADMINISTERED BUSINESS. Promptly after liability for insurance has begun on an individual risk, the CEDING COMPANY shall have the responsibility of maintaining adequate records for the administration of the reinsurance amount and shall furnish COMPANY B BMA with monthly reports, in substantial conformity with the following: A. MONTHLY NEW BUSINESS REPORT For new business, the CEDING COMPANY must identify the reinsurance agreement and provide information adequate for COMPANY B BMA to establish reserves, check retention limits, and verify premium calculation. 1) policy number number 2) full name of insured insured 3) date of birth birth 4) sex sex 5) issue age age 6) policy date date 7) underwriting classification classification 8) plan of insurance/code 9) amount issued 10) amount ceded ceded 11) automatic/facultative indicator indicator 12) state of residence residence 13) table rating rating 14) flat extra (amount + number of years) ) 15) death benefit option (UL products) ) 16) current net amount at risk 17) transaction code 18) riders (if applicable)