SUBSTANDARD ANNUAL REINSURANCE PREMIUMS. The substandard extra premiums are available on classes 4 and 6 (Non-Smoker and Smoker). For substandard issues, the substandard extra reinsurance premium (plus any flat extra) is payable for 20 years. After this period, the base reinsurance premium (plus any flat extra) is payable until the end of the premium paying period. The substandard extra annual reinsurance premiums per $1,000 for substandard issues will be the product of the base reinsurance premiums per $1,000 and the factor for the appropriate rating class.
Appears in 4 contracts
Samples: Automatic and Facultative (Pruco Life of New Jersey Variable Appreciable Account), Automatic and Facultative (Pruco Life Variable Universal Account), Automatic and Facultative (Pruco Life of New Jersey Variable Appreciable Account)
SUBSTANDARD ANNUAL REINSURANCE PREMIUMS. The substandard extra premiums are available on classes 4 and 6 (Non-Smoker and Smoker). For substandard issues, the substandard extra reinsurance premium (plus any flat extra) is payable for 20 years. After this period, the base reinsurance premium (plus any flat extra) is payable until the end of the premium paying period. The substandard extra annual reinsurance premiums per $1,000 for substandard issues will be the product of the base reinsurance premiums per $1,000 and the factor for the appropriate rating class.. YRT-VUL 2008-2008-SGL(US)-PICA
Appears in 1 contract
Samples: Automatic and Facultative (Pruco Life Variable Universal Account)