Common use of YRT RATES FOR CONVERSIONS Clause in Contracts

YRT RATES FOR CONVERSIONS. Reinsurance premium rates for a policy arising from the conversion shall be the rates set out in Exhibit D (YRT Rates) using the issue age and duration of the original policy.

Appears in 2 contracts

Samples: Yearly Renewable Term Reinsurance Agreement (John Hancock Life Insurance Co of New York Separate Account B), Yearly Renewable Term Reinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account A)

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YRT RATES FOR CONVERSIONS. Reinsurance premium rates for a policy arising from the conversion shall be the percentages outlined in Exhibit C and the rates set out in Exhibit D (YRT Rates) using the issue age and duration of the original policy.

Appears in 2 contracts

Samples: Yearly Renewable Term Reinsurance Agreement (John Hancock Life Insurance Co of New York Separate Account B), Yearly Renewable Term Reinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account A)

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