Common use of SUBSTANDARD ANNUAL REINSURANCE PREMIUMS Clause in Contracts

SUBSTANDARD ANNUAL REINSURANCE PREMIUMS. 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. Note that this is the total premium per $1,000, including both the base and substandard premium. The factors are as follows: ================================================ Rating Class Factor ------------------------------------------------ A 1.40 ------------------------------------------------ B 1.65 ------------------------------------------------ C 1.90 ------------------------------------------------ D 2.25 ------------------------------------------------ E 2.75 ------------------------------------------------ F 3.25 ------------------------------------------------ G 3.75 ------------------------------------------------ H 4.50 ================================================

SUBSTANDARD ANNUAL REINSURANCE PREMIUMS. 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. Note that this is the total premium per $1,000, including both the base and substandard premium. The factors are as follows: ======================================================= Rating Class Factor ------------------------------------------------ ------------------------------------------------------- A 1.40 ------------------------------------------------ ------------------------------------------------------- B 1.65 ------------------------------------------------ ------------------------------------------------------- C 1.90 ------------------------------------------------ ------------------------------------------------------- D 2.25 ------------------------------------------------ ------------------------------------------------------- E 2.75 ------------------------------------------------ ------------------------------------------------------- F 3.25 ------------------------------------------------ ------------------------------------------------------- G 3.75 ------------------------------------------------ ------------------------------------------------------- H 4.50 =======================================================

SUBSTANDARD ANNUAL REINSURANCE PREMIUMS. 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. Note that this is the total premium per $1,000, including both the base and substandard premium. The factors are as follows: ================================================ Rating Class Factor ------------------------------------------------ ------------------------------------------- A 1.40 ------------------------------------------------ ------------------------------------------- B 1.65 ------------------------------------------------ ------------------------------------------- C 1.90 ------------------------------------------------ ------------------------------------------- D 2.25 ------------------------------------------------ ------------------------------------------- E 2.75 ------------------------------------------------ ------------------------------------------- F 3.25 ------------------------------------------------ ------------------------------------------- G 3.75 ------------------------------------------------ ------------------------------------------- H 4.50 ================================================

SUBSTANDARD ANNUAL REINSURANCE PREMIUMS. 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. Note that this is the total premium per $1,000, including both the base and substandard premium. The factors are as follows: ========================================================= Rating Class Factor ------------------------------------------------ --------------------------------------------------------- A 1.40 ------------------------------------------------ --------------------------------------------------------- B 1.65 ------------------------------------------------ --------------------------------------------------------- C 1.90 ------------------------------------------------ --------------------------------------------------------- D 2.25 ------------------------------------------------ --------------------------------------------------------- E 2.75 ------------------------------------------------ --------------------------------------------------------- F 3.25 ------------------------------------------------ --------------------------------------------------------- G 3.75 ------------------------------------------------ --------------------------------------------------------- H 4.50 =========================================================