Common use of SUBSTANDARD PREMIUMS Clause in Contracts

SUBSTANDARD PREMIUMS. Substandard multiple ratings will be applied to increase the underlying reinsurance premium rates by [percentage] per table of assessed rating, and the normal base allowance will be paid on the entire amount. When flat extras are applied, the following allowances will be paid on the extra premium portion: Temporary (five years or less): [percentage] for first year and all renewal years Permanent (over five years): [percentage] for first year and [percentage] for all renewal years D.5 RIDERS AND BENEFITS AIBR (Automatic Increase Benefit Rider) - Elected increases will be proportionately reinsured using the premiums for the base coverage, at point-in-scale. BIR (Base Insured Rider) and OIR (Other Insured Rider) - These riders will be proportionately reinsured using the same premium rates scale as used for the base coverage. ACCELERATED DEATH BENEFIT - If IDS Life pays an accelerated death benefit under the terms of the policy contract, the reinsurance coverage will continue unaffected until the death of the insured. EXCHANGE OF INSURED RIDER - Exercise of rider to replace insured life subject to full underwriting; reinsurance coverage, whether automatic or facultative, to be provided for same amount of coverage as new business. The following benefits are not reinsured under this Agreement: Waiver of Monthly Deduction Rider (WMD) Children's Insurance Rider (CIR) Accidental Death Benefit Rider (ADB)