Common use of Supplementary Benefit Forms Clause in Contracts

Supplementary Benefit Forms. Supplementary benefits to be covered automatically under this Agreement shall be those provided in the following policy forms issued by the Ceding Company: Waiver of Premium Disability Benefits, Form No. ULDW91 Accidental Death Benefit, Form No. ULADB83 4. Overall Limits Automatic coverage of any risk for Life Insurance with or without Waiver of Premium Disability benefits shall be granted under this Agreement only if, according to the Ceding Company's papers, the overall sum in force and applied for on the same life with all insurance companies does not exceed $10,000,000 of Life Insurance with or without Waiver of Premium Disability benefits. Automatic coverage of any risk for Accidental Death benefits shall be granted under this Agreement only if, according to the Ceding Company's papers, the overall sum in force and applied for on the same life with all insurance companies does not exceed $250,000 of Accidental Death benefits.

Appears in 6 contracts

Samples: Automatic Reinsurance Agreement (American National Variable Annuity Separate Account), Automatic Reinsurance Agreement (American National Variable Life Separate Account), Automatic Reinsurance Agreement (American National Variable Annuity Separate Account)

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