Exhibit (g)(3)
AMENDMENT TO AUTOMATIC AND FACULTATIVE REINSURANCE AGREEMENT
("AMENDMENT")
Reference is made to the Automatic and Facultative Reinsurance Agreement, dated
effective April 29, 1999 (herein the "Agreement"), by and between IDS Life
Insurance Company and [name of reinsurance company], under which reinsurance is
provided for policies issued on the "VUL-III" plans and related riders. The
undersigned parties hereby agree that the Agreement shall be and is hereby
amended as follows:
1. The following provision shall be added at the end of section 1 of
Schedule B: "For juvenile policies up to attained age of twenty
years old, standard non-smoker or non-tobacco allowances shall be
applied for purposes of determining reinsurance premiums."
2. This revision shall be applied retrospectively to the effective date
of the Agreement.
Capitalized terms not otherwise defined herein have the meaning ascribed to them
as in the Agreement. Except as expressly amended above, all other terms of the
Agreement, together with all exhibits and attachments thereto, remain in full
force and effect. This Amendment is effective immediately upon execution by both
of the undersigned parties. This Amendment is made in duplicate and executed
below by authorized representatives of both parties.
IDS LIFE INSURANCE COMPANY [NAME OF REINSURANCE COMPANY]
By: /s/ Xxxxxxx X. Xxxxxxxx By: [signature]
-------------------------------
(signature) (signature)
Xxxxxxx X. Xxxxxxxx [name]
(print or type name) (print or type name)
Title: President Title: [title]
Date: Dec. 30, 2005 Date: Dec. 21, 2005
Attest: /s/ Xxxxxxx X. Xxxxxxxx Attest: [signature]
-------------------------------
(signature) (signature)
Title: Reinsurance Officer Title: [title]
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