Common use of SUBSTANDARD Clause in Contracts

SUBSTANDARD. PREMIUMS Premiums will be increased by any (flat) extra premium as shown in Schedule I, charged the insured on the face amount initially reinsured. Premiums will be increased by any substandard premium as shown in Schedule I, charged the insured on the Reinsurer’s share of the face amount.

Appears in 1 contract

Samples: Automatic and Facultative Coinsurance Reinsurance Agreement (Kansas City Life Insurance Co)

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SUBSTANDARD. PREMIUMS Premiums will be increased by any (flat) extra premium as shown in Schedule I, charged the insured on the face amount initially reinsured. Premiums will be increased by any substandard premium as shown in Schedule I, charged the insured on the Reinsurer’s share of the face amountnet amount at risk reinsured.

Appears in 1 contract

Samples: Automatic Yrt Reinsurance Agreement (Kansas City Life Insurance Co)

SUBSTANDARD. PREMIUMS Premiums will be increased by any (flat) extra premium Flat Extra Premium as shown in Schedule IIV, charged the insured on the face amount initially reinsured. Premiums will be increased by any substandard premium as shown in Schedule IIV, charged the insured on the Reinsurer’s share of the face amountnet amount at risk reinsured.

Appears in 1 contract

Samples: Automatic and Facultative Yrt Reinsurance Agreement (Farm Bureau Life Variable Account)

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SUBSTANDARD. PREMIUMS Premiums will be increased by any (flat) extra premium Flat Extra Premium as shown in Schedule IIV, charged the insured on the face amount initially reinsured. Premiums will be increased by any substandard premium as shown in Schedule IIV, charged the insured on the Reinsurer’s share of the face amount.

Appears in 1 contract

Samples: Reinsurance Agreement (Thrivent Variable Life Account I)

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