EXHIBIT (G)(3)
REINSURANCE AGREEMENT
[THE REGISTRANT HAS APPLIED FOR CONFIDENTIAL TREATMENT OF CERTAIN TERMS IN THIS
EXHIBIT WITH THE SECURITIES AND EXCHANGE COMMISSION. THE CONFIDENTIAL PORTIONS
OF THIS EXHIBIT ARE MARKED WITH AN ASTERISK [*] AND HAVE BEEN OMITTED. THE
OMITTED PORTIONS OF THIS EXHIBIT HAVE BEEN FILED SEPARATELY WITH THE SECURITIES
AND EXCHANGE COMMISSION PUSRSUANT TO A CONFIDENTIAL TREATMENT REQUEST.]
[Munich RE Logo]
AMENDMENT
to the
AUTOMATIC YRT REINSURANCE AGREEMENT
(the "Agreement")
Between
AMERITAS LIFE INSURANCE CORP.
LINCOLN, NEBRASKA
(the "Ceding Company")
and
MUNICH AMERICAN REASSURANCE COMPANY
ATLANTA, GEORGIA
("Munich Re")
Agreement Effective Date: June 1, 2008
Treaty ID: 3684
Effective December 1, 2008, the Ceding Company's Non-New York Advisor VUL and
Excel Performance VUL and associated riders shall be reinsured hereunder.
Exhibit B Plans Covered and Binding Limits and Exhibit D Reinsurance Premiums
shall be revised in their entirety and attached hereto.
All other provisions of the Agreement not in conflict with the terms and
conditions of this amendment shall continue to apply.
This amendment will be attached to and form a part of the Agreement.
TREATY NO. 3684 MUNICH AMERICAN REASSURANCE COMPANY PAGE | 1
AMENDMENT NO. 1
[Munich RE Logo]
In witness whereof, Ameritas Life Insurance Corp., Lincoln, Nebraska and the
Munich American Reassurance Company, Atlanta, Georgia, have by their respective
officers executed and delivered this amendment in duplicate.
AMERITAS LIFE INSURANCE CORP.
By /s/ Xxxx Xxxxxxx
---------------------------------
Title: Corporate Actuary
Attest /s/ Xxx X. Xxxxxxxx Date February 17, 2011
----------------------------- ---------------------------------
MUNICH AMERICAN REASSURANCE COMPANY
By /s/ Xxxxx Xxxxx
---------------------------------
Title: AVP Marketing
Attest /s/ Xxxxxxx X. Xxxxxxxx Date 2/17/11
----------------------------- ---------------------------------
TREATY NO. 3684 MUNICH AMERICAN REASSURANCE COMPANY PAGE | 2
AMENDMENT NO. 1
[Munich RE Logo]
EXHIBIT B
PLANS COVERED AND BINDING LIMITS
The Policies automatically reinsured under this Agreement is defined as follows.
B.1 POLICIES
Policies issued in all states, except the state of New York on plans with
effective dates within the applicable period shown below may qualify for
automatic reinsurance under the terms of this Agreement.
COMMENCEMENT *TERMINATION
PLAN IDENTIFICATION FORM NO. BASIS DATE DATE
NO.
-------------------------------------------- ------ ----------------- -----------------
Single Life Flexible 3301 1. June 1, 2008
Premium UL
Benefit & Riders:
Total Disability Benefit ATDB01 1. June 1, 2008
Rider
Term Insurance Rider-Other ATIR01 1. June 1, 2008
Insured
Flexible Premium
Survivorship Life 3365 1. June 1, 2008
Benefit & Riders:
Estate Protection Rider AEPR01 1. June 1, 2008
Policy Split Option Rider APSR01 1. June 1, 2008
Term Insurance Rider-Other
Insured ATIR01 1. June 1, 2008
Total Disability Benefit
Rider ATDB01 1. June 1, 2008
TREATY NO. 3684 MUNICH AMERICAN REASSURANCE COMPANY PAGE | 3
AMENDMENT NO. 1
[Munich RE Logo]
Advisor VUL 2. December 1, 2008
Benefit & Riders:
Term Insurance Rider-Other 2. December 1, 2008
Insured
Accounting Benefit Rider 2. December 1, 2008
Guaranteed Insurability 2. December 1, 2008
Rider
*Insurance Exchange Rider 2. December 1, 2008
Scheduled Increase Rider 2. December 1, 2008
Total Disability Rider 2. December 1, 2008
Excel Performance VUL 4003 2. December 1, 2008
Benefits & Riders:
Term Insurance Rider-Other ATIR01 2. December 1, 2008
Insured
Accounting Benefit Rider AACBR01 2. December 1, 2008
Guaranteed Insurability AGIR01 2. December 1, 2008
Rider
*Insurance Exchange Rider AIER01 2. December 1, 2008
Scheduled Increase Rider ASIR01 2. December 1, 2008
Total Disability Rider ATDB01 2. December 1, 2008
*Insurance Exchange Rider-new insured subject to the same underwriting
requirements as the original insured.
TREATY NO. 3684 MUNICH AMERICAN REASSURANCE COMPANY PAGE | 4
AMENDMENT NO. 1
[Munich RE Logo]
B.2 BASIS
1. Munich Re's share for the plans as noted above will be the following
percentages of the excess over the Ceding Company's retention
specified in Exhibit A. This amount will not exceed Munich Re's share
of the maximum Automatic Binding Limits specified in Exhibit B.3.
Single Life
-----------
Issue Age Munich Re's Share
----------- -----------------
0-69 30%
70-85 40%
Joint Life
----------
Issue Age Munich Re's Share
---------- -----------------
0-85 30%
2. Munich Re's share for the plans as noted above will be twenty percent
(20%) of the excess over the Ceding Company's retention specified in
Exhibit A. This amount will not exceed Munich Re's share of the
maximum Automatic Binding Limits specified in Exhibit B.3.
B.3 AUTOMATIC BINDING LIMITS
(a) Life
-----------------------------------------------------------------
Pool Maximum Pool Maximum Pool Maximum
Preferred Plus Tables 1-4 (A-D) Tables 5-16 (E-P)
Issue Age Preferred Flat Extras up to Flat Extras $7.51
Standard $7.50 & up
-----------------------------------------------------------------
0-65 $24,000,000 $18,000,000 $6,000,000
66-75 18,000,000 12,000,000 6,000,000
76-80 12,000,000 6,000,000 1,000,000
81-85 2,000,000 100,000 0
The pool maximum automatic binding amounts above include the Ceding Company's
retention.
TREATY NO. 3684 MUNICH AMERICAN REASSURANCE COMPANY PAGE | 5
AMENDMENT NO. 1
[Munich RE Logo]
(b) Waiver of Premium Disability Benefits: Not reinsured
(c) Total Disability Benefit Rider (TD): The Ceding Company shall retain
the first $60,000 of annual premium ($5,000 per month). The Ceding
Company's maximum TD is 1% of the face amount not to exceed the
planned premium. The maximum TD that the Ceding Company can issue
automatically is $2,880,000 (pool total plus Ceding Company's
retention). Munich Re's share will be based on the percentages noted
in section B.2 in excess of the Ceding Company's retention.
B.4 JUMBO LIMITS
The Ceding Company will not cede any risk automatically if the total amount
in-force and applied for on the life with all insurance companies,
including any amount to be replaced, exceeds the applicable amounts shown
below. (a) Life with or without waiver:
-------------------------------------------------------------------------
Ages Standard thru Table 5 thru Table 8 Table 9 thru Table 16
Table 4
-------------------------------------------------------------------------
0-80 $50,000,000 $50,000,000 $50,000,000
81-85 30,000,000 30,000,000 -0-
-------------------------------------------------------------------------
B.5 ACCELERATED DEATH BENEFIT RIDER
Munich Re will not participate in any acceleration of death benefits.
Instead, Munich Re will pay its share of the net amount at risk upon the
death of the insured.
B.6 INCREASING NET AMOUNT AT RISK (INAR) OPTIONS:
All Scheduled Increase Rider and Guaranteed Insurability Rider policies
with INAR will require an ultimate amount to be defined at policy issuance
and will be the death benefit at the maximum attained age as shown under
current values in the policy illustration. Underwriting requirements of
policies with INAR will be based upon this ultimate amount. The ultimate
amount will be used to define maximums in determining the Pool Autobind,
the Jumbo Limit and the largest amount available in special programs. If
the actual death benefit on an INAR policy on a given life exceeds the Pool
Autobind, the Ceding Company will be on the risk for any and all amounts in
excess of the Pool Autobind unless alternative arrangements are made at
that time.
B.7 FACULTATIVE SUBMISSIONS
The minimum face amount for a facultative submission is $250,000.
TREATY NO. 3684 MUNICH AMERICAN REASSURANCE COMPANY PAGE | 6
AMENDMENT NO. 1
[Munich RE Logo]
EXHIBIT D
REINSURANCE PREMIUMS
D.1 LIFE
Plans covered under this Agreement will be reinsured on a YRT basis.
(a) SINGLE LIFE, TERM INSURANCE RIDER-OTHER INSURED
The premium basis for reinsurance ceded will be based on the following
percentages of the attached 2001 Valuation Basic Select and Ultimate Tables,
Gender Distinct and Smoker Distinct, Age Nearest Birthday.
Class 1 2 on
----- -- ----
Male
Preferred Plus Non-Tobacco [*] [*]
Preferred Non-Tobacco [*] [*]
Select Non-Tobacco [*] [*]
Standard Non-Tobacco [*] [*]
Preferred Tobacco [*] [*]
Standard Tobacco [*] [*]
Female
Preferred Plus Non-Tobacco [*] [*]
Preferred Non-Tobacco [*] [*]
Select Non-Tobacco [*] [*]
Standard Non-Tobacco [*] [*]
Preferred Tobacco [*] [*]
Standard Tobacco [*] [*]
Reinsurance premiums will be payable up to attained age 120.
(b) SURVIVORSHIP LIFE, ESTATE PROTECTION RIDER, TERM INSURANCE
RIDER-OTHER INSURED
The premium basis for reinsurance ceded will be based on the following
percentages of the attached 2001 Valuation Basic Select and Ultimate Tables,
Gender Distinct and Smoker Distinct, Age Nearest Birthday and using Xxxxxxx'x
Exact Age Method.
Class 1 2 on
----- -- ----
Preferred Plus Non-Tobacco [*] [*]
Preferred Non-Tobacco [*] [*]
Select Non-Tobacco [*] [*]
Standard Non-Tobacco [*] [*]
Preferred Tobacco [*] [*]
Standard Tobacco [*] [*]
(a [*] minimum rate will apply after the first duration)
For one life uninsurable on the Survivorship plan, single life rates will be
used for the insurable life. The insurable life should not be rated more than
Table 8.
Reinsurance premiums will be payable up to attained age 120.
TREATY NO. 3684 MUNICH AMERICAN REASSURANCE COMPANY PAGE | 7
AMENDMENT NO. 1
[Munich RE Logo]
(c) ADVISOR VUL, EXCEL PERFORMANCE VUL, TERM INSURED RIDER-OTHER INSURED,
ACCOUNTING BENEFIT RIDER, SCHEDULED INCREASE RIDER
The premium basis for reinsurance ceded will be based on the following
percentages of the 2001 VBT Select and Ultimate Tables, Gender Distinct and
Smoker Distinct, Age Nearest Birthday;
Class Year 1 Year 2+
----- -- ----
Male Preferred Plus Non-Tobacco [*] [*]
Preferred Non-Tobacco [*] [*]
Select Non-Tobacco [*] [*]
Standard Non-Tobacco [*] [*]
Preferred Tobacco [*] [*]
Standard Tobacco [*] [*]
Female Preferred Plus Non-Tobacco [*] [*]
Preferred Non-Tobacco [*] [*]
Select Non-Tobacco [*] [*]
Standard Non-Tobacco [*] [*]
Preferred Tobacco [*] [*]
Standard Tobacco [*] [*]
D.2 AGE BASIS
Age Nearest
D.3 POLICY FEES
Munich Re will not participate in any policy fees.
D.4 RECAPTURE PERIOD
Number of years: [*]
D.5 SUBSTANDARD RATINGS
Premiums will be based on the standard rate increased by an extra [*] per
table of assessed rating.
Percentages are the same as those for standard life coverage.
D.6 FLAT EXTRAS
The total premium remitted to Munich Re will include the following
percentages of the policy annual flat extra premiums.
Type of Flat Extra Premium First Year Renewal
-------------------------- ---------- -------
Temporary (1-5 years) [*] [*]
Permanent (6 years & greater) [*] [*]
TREATY NO. 3684 MUNICH AMERICAN REASSURANCE COMPANY PAGE | 8
AMENDMENT NO. 1
[Munich RE Logo]
D.7 RIDERS AND BENEFITS
Total Disability Benefit Rider
Reinsurance premiums will be [*] of the Ceding Company's premiums, as shown
in this Exhibit, in the first policy year and [*] in renewal years.
Policy Split Option Rider
There is no reinsurance premiums due for the split option rider until it is
exercised. Once exercised, the following percentages of the 2001 Valuation
Basic Select and Ultimate Tables, Gender Distinct and Smoker Distinct, Age
Nearest Birthday Single Life rates shall apply on a point-in-scale basis:
First Year Renewal Years
----------- --------------
[*] [*]
Guaranteed Insurability Rider
Reinsurance premiums will be [*] of the Ceding Company's premiums, as shown
in this Exhibit, in the first policy year and [*] in renewal years.
TREATY NO. 3684 MUNICH AMERICAN REASSURANCE COMPANY PAGE | 9
AMENDMENT NO. 1
2001 Valuation Basic Table -- Male -- Nonsmoker -- 1000qx (Age Nearest Birthday)
Issue Duration
Age
1 2 3 4 5 6 7 8 9 10 11 12 13 14
0
1
2
3 0.58
4 0.58 0.68
5 0.57 0.68 0.76
6 0.57 0.68 0.76 0.82
7 0.57 0.68 0.76 0.82 0.83
8 0.56 0.68 0.76 0.81 0.82 0.82
9 0.56 0.68 0.76 0.81 0.81 0.81 0.81
10 0.56 0.67 0.76 0.80 0.80 0.80 0.80 0.80
11 0.56 0.67 0.76 0.79 0.79 0.79 0.79 0.79 0.80
12 0.56 0.67 0.76 0.78 0.78 0.78 0.78 0.78 0.79 0.81
13 0.56 0.67 0.76 0.77 0.77 0.77 0.77 0.77 0.79 0.80 0.83
14 0.56 0.67 0.76 0.77 0.77 0.77 0.77 0.77 0.77 0.79 0.82 0.83
15 0.56 0.67 0.76 0.76 0.76 0.76 0.76 0.76 0.76 0.78 0.80 0.83 0.83
16 0.56 0.67 0.75 0.75 0.75 0.75 0.75 0.75 0.75 0.76 0.78 0.81 0.82 0.83
17 0.67 0.74 0.74 0.74 0.74 0.74 0.74 0.74 0.75 0.77 0.78 0.80 0.80 0.80
18 0.73 0.73 0.73 0.73 0.73 0.73 0.73 0.73 0.75 0.75 0.76 0.77 0.77 0.79
19 0.70 0.70 0.70 0.70 0.70 0.70 0.70 0.72 0.72 0.72 0.73 0.73 0.74 0.77
20 0.66 0.66 0.66 0.66 0.66 0.67 0.67 0.68 0.68 0.68 0.69 0.70 0.72 0.76
21 0.60 0.60 0.60 0.60 0.61 0.62 0.63 0.63 0.64 0.65 0.66 0.69 0.72 0.77
22 0.55 0.55 0.55 0.56 0.58 0.58 0.59 0.60 0.60 0.63 0.65 0.68 0.72 0.79
23 0.49 0.49 0.51 0.53 0.55 0.56 0.57 0.58 0.59 0.62 0.65 0.68 0.74 0.81
24 0.43 0.44 0.48 0.51 0.54 0.55 0.56 0.58 0.60 0.63 0.67 0.71 0.77 0.85
25 0.35 0.40 0.46 0.51 0.53 0.55 0.57 0.58 0.62 0.66 0.70 0.75 0.82 0.91
26 0.32 0.39 0.46 0.52 0.54 0.56 0.57 0.61 0.64 0.69 0.74 0.80 0.88 0.99
27 0.30 0.39 0.46 0.53 0.56 0.57 0.61 0.64 0.68 0.74 0.80 0.87 0.96 1.09
28 0.30 0.39 0.47 0.53 0.57 0.60 0.63 0.68 0.73 0.79 0.87 0.96 1.06 1.20
29 0.29 0.39 0.48 0.54 0.60 0.63 0.68 0.73 0.78 0.87 0.96 1.06 1.17 1.30
30 0.28 0.39 0.47 0.55 0.62 0.68 0.73 0.78 0.86 0.95 1.04 1.14 1.26 1.42
31 0.27 0.38 0.47 0.55 0.63 0.71 0.78 0.84 0.91 0.99 1.09 1.22 1.38 1.57
32 0.26 0.36 0.47 0.55 0.64 0.72 0.80 0.87 0.94 1.02 1.14 1.31 1.53 1.76
33 0.27 0.38 0.48 0.58 0.67 0.76 0.85 0.91 0.98 1.07 1.21 1.42 1.68 1.92
34 0.29 0.39 0.51 0.60 0.71 0.80 0.90 0.97 1.05 1.16 1.34 1.57 1.83 2.09
35 0.31 0.41 0.52 0.63 0.73 0.84 0.94 1.04 1.15 1.30 1.49 1.72 1.98 2.24
36 0.32 0.43 0.54 0.65 0.77 0.87 0.99 1.14 1.29 1.47 1.66 1.89 2.15 2.43
37 0.34 0.44 0.56 0.67 0.78 0.91 1.07 1.26 1.45 1.63 1.82 2.03 2.31 2.63
38 0.37 0.49 0.61 0.71 0.83 0.98 1.18 1.40 1.61 1.79 1.97 2.20 2.49 2.82
39 0.40 0.54 0.66 0.77 0.90 1.08 1.32 1.54 1.76 1.94 2.13 2.38 2.70 3.06
40 0.43 0.58 0.71 0.83 0.99 1.21 1.46 1.70 1.89 2.09 2.32 2.62 2.96 3.34
41 0.45 0.63 0.79 0.94 1.12 1.36 1.62 1.84 2.06 2.29 2.57 2.91 3.28 3.69
42 0.48 0.70 0.89 1.06 1.26 1.50 1.76 2.00 2.25 2.53 2.86 3.23 3.64 4.13
43 0.51 0.73 0.95 1.14 1.35 1.59 1.87 2.14 2.44 2.76 3.13 3.56 4.08 4.62
44 0.54 0.78 1.00 1.20 1.41 1.68 1.99 2.33 2.65 3.01 3.41 3.98 4.56 5.10
45 0.60 0.84 1.05 1.26 1.51 1.80 2.16 2.53 2.92 3.29 3.79 4.46 5.03 5.52
46 0.65 0.88 1.09 1.32 1.61 1.97 2.37 2.80 3.22 3.67 4.26 4.93 5.48 5.97
47 0.71 0.92 1.14 1.41 1.75 2.14 2.60 3.08 3.55 4.12 4.72 5.37 5.92 6.59
48 0.77 0.99 1.24 1.54 1.89 2.31 2.81 3.35 3.89 4.56 5.14 5.80 6.46 7.35
49 0.81 1.08 1.37 1.69 2.06 2.50 3.03 3.65 4.22 4.88 5.55 6.33 7.21 8.27
[2001 Valuation Basic Table -- Male -- Nonsmoker -- 1000qx (Age Nearest Birthday) (ages 0 - 49) chart continued on this page]
Att
15 16 17 18 19 20 21 22 23 24 25 Ultimate Age
0.66 0.77 0.83 0.85 0.85 0.85 0.85 0.85 0.85 0.86 25
0.63 0.73 0.81 0.84 0.85 0.85 0.85 0.85 0.85 0.86 0.89 26
0.60 0.70 0.78 0.83 0.84 0.85 0.85 0.85 0.85 0.86 0.88 0.93 27
0.68 0.76 0.82 0.84 0.85 0.85 0.85 0.85 0.86 0.87 0.90 0.91 28
0.76 0.82 0.84 0.85 0.85 0.85 0.85 0.86 0.87 0.88 0.88 0.88 29
0.82 0.84 0.85 0.85 0.85 0.85 0.86 0.86 0.86 0.86 0.86 0.86 30
0.84 0.84 0.84 0.84 0.84 0.84 0.84 0.84 0.84 0.84 0.84 0.84 31
0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.83 32
0.82 0.82 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.84 33
0.81 0.81 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.84 0.85 34
0.81 0.82 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.84 0.85 0.87 35
0.81 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.84 0.85 0.87 0.91 36
0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.84 0.85 0.87 0.91 0.95 37
0.83 0.83 0.83 0.83 0.83 0.83 0.84 0.85 0.87 0.91 0.95 1.02 38
0.83 0.83 0.83 0.83 0.83 0.84 0.85 0.87 0.91 0.95 1.02 1.09 39
0.83 0.83 0.83 0.83 0.84 0.85 0.87 0.91 0.95 1.02 1.09 1.16 40
0.83 0.83 0.83 0.84 0.85 0.87 0.91 0.95 1.02 1.09 1.16 1.26 41
0.80 0.80 0.84 0.85 0.87 0.91 0.95 1.02 1.09 1.16 1.26 1.39 42
0.80 0.80 0.85 0.86 0.91 0.95 1.02 1.09 1.16 1.26 1.39 1.53 43
0.80 0.82 0.86 0.91 0.95 1.02 1.08 1.16 1.26 1.39 1.53 1.71 44
0.82 0.86 0.90 0.95 1.02 1.08 1.16 1.26 1.39 1.53 1.71 1.91 45
0.84 0.90 0.95 1.02 1.08 1.16 1.26 1.39 1.53 1.71 1.91 2.10 46
0.87 0.95 1.02 1.08 1.16 1.26 1.39 1.53 1.71 1.91 2.10 2.31 47
0.91 1.01 1.08 1.16 1.26 1.39 1.53 1.71 1.91 2.10 2.31 2.42 48
0.97 1.07 1.16 1.26 1.39 1.53 1.71 1.91 2.10 2.29 2.42 2.55 49
1.03 1.15 1.26 1.39 1.53 1.71 1.91 2.10 2.27 2.42 2.55 2.74 50
1.11 1.26 1.39 1.53 1.71 1.91 2.10 2.27 2.41 2.55 2.74 2.97 51
1.21 1.38 1.53 1.71 1.90 2.10 2.26 2.40 2.55 2.74 2.97 3.29 52
1.34 1.53 1.70 1.89 2.10 2.25 2.40 2.55 2.74 2.97 3.29 3.65 53
1.48 1.69 1.88 2.09 2.25 2.39 2.55 2.74 2.97 3.29 3.65 4.11 54
1.61 1.84 2.04 2.22 2.39 2.55 2.74 2.97 3.27 3.65 4.08 4.68 55
1.80 2.01 2.20 2.37 2.54 2.73 2.95 3.25 3.64 4.08 4.57 5.26 56
1.99 2.18 2.37 2.54 2.73 2.95 3.24 3.64 4.06 4.53 5.10 5.89 57
2.14 2.34 2.53 2.73 2.95 3.23 3.63 4.04 4.50 5.04 5.62 6.41 58
2.31 2.50 2.72 2.95 3.23 3.59 4.00 4.46 4.99 5.56 6.14 7.02 59
2.48 2.70 2.95 3.23 3.58 3.96 4.41 4.93 5.49 6.07 6.68 7.76 60
2.69 2.95 3.23 3.56 3.94 4.35 4.88 5.43 6.01 6.65 7.31 8.67 61
2.93 3.23 3.55 3.91 4.33 4.81 5.36 5.94 6.58 7.29 8.15 9.80 62
3.17 3.52 3.90 4.31 4.78 5.29 5.87 6.52 7.26 8.12 9.25 11.07 63
3.44 3.85 4.27 4.76 5.27 5.81 6.45 7.22 8.09 9.21 10.49 12.40 64
3.76 4.21 4.71 5.24 5.79 6.39 7.16 8.04 9.15 10.37 11.71 13.80 65
4.17 4.68 5.20 5.76 6.38 7.09 7.99 9.08 10.27 11.65 12.87 15.21 66
4.68 5.16 5.70 6.34 7.08 7.92 8.99 10.17 11.50 12.80 13.88 16.63 67
5.15 5.61 6.28 7.03 7.90 8.89 10.06 11.30 12.59 13.80 15.22 18.16 68
5.59 6.19 6.96 7.85 8.85 9.93 11.15 12.42 13.69 15.01 16.63 19.73 69
6.07 6.85 7.77 8.78 9.86 10.99 12.23 13.50 14.77 16.51 18.48 21.65 70
6.76 7.69 8.73 9.84 10.97 12.11 13.34 14.58 16.25 18.37 20.77 23.80 71
7.57 8.66 9.81 10.97 12.11 13.23 14.39 16.00 18.09 20.66 23.47 26.68 72
8.52 9.76 10.95 12.11 13.23 14.26 15.77 17.81 20.35 23.34 26.34 29.70 73
9.57 10.93 12.11 13.23 14.24 15.55 17.56 20.06 22.99 26.21 29.30 32.86 74
2001 Valuation Basic Table -- Male -- Nonsmoker -- 1000qx (Age Nearest Birthday)
Issue Duration
Age
1 2 3 4 5 6 7 8 9 10 11 12 13 14
50 0.89 1.19 1.51 1.86 2.23 2.69 3.28 3.93 4.52 5.20 6.03 7.06 8.19 9.43
51 0.98 1.34 1.70 2.06 2.44 2.92 3.51 4.16 4.84 5.63 6.68 8.02 9.34 10.63
52 1.07 1.49 1.90 2.29 2.68 3.14 3.74 4.45 5.25 6.26 7.56 9.12 10.52 11.42
53 1.11 1.61 2.07 2.52 2.94 3.43 4.09 4.93 5.86 7.10 8.62 10.29 11.31 12.45
54 1.15 1.73 2.27 2.74 3.18 3.75 4.54 5.55 6.64 8.09 9.70 11.04 12.32 13.67
55 1.19 1.86 2.46 2.94 3.44 4.14 5.11 6.28 7.50 9.04 10.34 11.95 13.52 15.09
56 1.24 1.99 2.63 3.18 3.77 4.63 5.77 7.08 8.37 9.62 11.17 13.01 14.90 16.75
57 1.29 2.09 2.81 3.47 4.20 5.21 6.49 7.88 9.20 10.72 12.52 14.53 16.53 18.80
58 1.39 2.23 3.02 3.81 4.73 5.88 7.23 8.63 9.93 11.64 13.68 16.12 18.55 21.18
59 1.52 2.39 3.28 4.22 5.31 6.58 7.98 9.34 10.60 12.52 14.85 17.75 20.90 23.74
60 1.70 2.59 3.57 4.67 5.91 7.28 8.70 10.04 11.29 13.46 16.18 19.44 23.16 26.36
61 1.91 2.83 3.89 5.11 6.51 7.98 9.41 10.72 11.98 14.49 17.53 21.01 24.85 29.11
62 2.15 3.10 4.25 5.60 7.13 8.70 10.17 11.52 12.86 15.66 18.90 22.50 26.53 31.12
63 2.30 3.42 4.74 6.23 7.86 9.52 11.09 12.56 14.07 17.07 20.47 24.27 28.62 33.70
64 2.41 3.76 5.27 6.91 8.68 10.45 12.17 13.84 15.55 18.72 22.33 26.48 31.32 37.04
65 2.47 4.09 5.83 7.68 9.59 11.51 13.38 15.24 17.17 20.57 24.52 29.15 34.62 41.18
66 2.51 4.61 6.53 8.52 10.69 12.74 14.71 16.73 18.93 22.65 27.07 32.29 38.56 46.04
67 2.68 5.20 7.30 9.45 11.94 14.09 16.19 18.35 20.81 24.97 29.95 35.94 43.08 51.30
68 3.11 5.85 8.17 10.49 13.07 15.65 18.19 20.72 23.29 28.04 33.79 40.65 48.56 57.92
69 3.52 6.59 9.15 11.64 13.69 17.46 20.03 22.50 25.41 30.83 37.32 44.82 53.70 63.56
70 3.96 7.42 10.23 12.92 14.29 19.35 21.73 24.36 29.77 36.13 43.48 52.18 61.86 72.82
71 5.12 8.37 11.45 13.60 16.68 20.98 23.34 29.46 33.26 40.29 48.58 57.85 68.36 80.47
72 6.61 9.43 12.82 15.90 19.04 22.34 25.90 29.84 34.37 42.01 50.51 60.20 71.41 84.47
73 7.76 11.57 14.98 18.03 20.88 23.79 27.05 32.84 36.34 44.28 53.29 63.73 75.93 90.04
74 9.19 12.82 16.47 19.94 23.05 25.96 31.36 35.20 39.28 48.05 57.91 69.45 82.84 98.18
75 10.86 13.68 17.86 22.29 25.20 29.93 34.07 38.44 47.98 57.38 68.97 82.28 97.55 114.77
76 11.16 15.26 19.75 24.44 28.52 32.92 37.53 46.25 56.86 68.49 81.73 96.92 114.06 133.15
77 11.50 16.52 21.73 27.19 31.83 36.65 44.61 55.42 62.68 78.49 93.31 110.06 128.75 149.34
78 12.21 17.77 23.85 30.78 35.81 43.03 54.04 61.90 78.17 93.21 109.94 128.60 149.17 165.54
79 13.14 19.33 26.64 34.99 41.54 52.70 61.15 76.89 83.87 99.88 117.52 137.03 157.11 178.13
80 14.13 21.51 30.14 40.09 51.42 60.40 75.65 82.96 95.96 113.48 132.60 152.32 173.85 210.27
81 15.38 24.31 34.66 46.46 59.74 74.47 82.09 95.04 108.69 127.63 146.94 172.66 210.09 225.56
82 17.06 28.00 40.37 54.20 69.48 81.26 94.17 107.84 114.86 146.71 172.53 209.93 225.39 241.65
83 19.65 32.82 47.35 63.24 80.51 93.33 107.03 114.13 146.18 172.41 209.78 225.23 241.49 256.08
84 23.55 38.90 55.52 73.42 92.51 106.26 113.42 145.53 171.99 209.65 225.09 241.34 255.93 271.36
85 28.89 46.29 64.88 84.51 105.50 112.74 144.92 171.60 209.19 224.97 241.21 255.80 271.22 287.54
86 35.59 54.95 75.38 97.01 112.09 144.33 171.06 208.76 224.52 241.09 255.67 271.10 287.42 304.68
87 43.42 65.29 88.02 111.44 143.79 170.55 208.38 224.11 240.66 255.57 270.99 287.30 304.57 322.81
88 52.86 78.07 103.36 143.23 170.08 208.02 223.74 240.27 255.17 270.89 287.21 304.47 322.72 342.00
89 65.22 94.02 137.72 169.60 207.71 223.40 239.92 254.80 270.53 287.12 304.38 322.63 341.93 362.33
90 81.90 131.34 165.80 207.39 223.09 239.59 254.47 270.19 286.79 304.31 322.56 341.87 362.29 383.85
91 123.13 161.42 207.08 222.79 239.30 254.17 269.89 286.49 304.02 322.50 341.81 362.24 383.82 406.63
92 155.82 206.76 222.48 239.02 253.90 269.62 286.22 303.77 322.26 341.76 362.20 383.80 406.63 430.21
93 206.45 222.18 238.73 253.64 269.37 285.98 303.53 322.05 341.57 362.17 383.78 406.63 430.21 455.16
94 221.88 238.44 253.37 269.12 285.76 303.32 321.85 341.41 362.03 383.76 406.63 430.21 455.16 481.56
95 238.15 253.10 268.88 285.54 303.12 321.67 341.25 361.92 383.70 406.63 430.21 455.16 481.56 509.49
96 252.83 268.63 285.32 302.93 321.51 341.11 361.81 383.64 406.63 430.21 455.16 481.56 509.49 539.05
97 268.38 285.10 302.74 321.35 340.98 361.71 383.58 406.63 430.21 455.16 481.56 509.49 539.05 570.31
98 284.88 302.55 321.19 340.86 361.62 383.53 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39
99 302.36 321.03 340.73 361.54 383.48 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38
100 319.84 339.51 360.27 382.22 405.34 429.73 453.79 480.11 507.96 537.42 568.61 601.57 636.47 673.37
[2001 Valuation Basic Table -- Male -- Nonsmoker -- 1000qx (Age Nearest Birthday) (ages 50 - 100) chart continued on this page]
Att
15 16 17 18 19 20 21 22 23 24 25 Ultimate Age
10.73 12.11 13.21 14.21 15.49 17.33 19.78 22.67 25.81 29.14 32.37 36.32 75
11.79 13.19 14.17 15.41 17.25 19.52 22.36 25.46 28.72 32.22 35.74 40.08 76
12.79 14.13 15.33 17.15 19.40 22.08 25.13 28.35 31.78 35.59 39.52 44.47 77
13.81 15.25 17.05 19.28 21.68 24.83 27.99 31.37 35.12 39.38 43.88 49.61 78
15.17 16.95 19.16 21.60 24.37 27.68 31.01 34.69 38.88 43.74 48.96 55.56 79
16.85 19.04 21.52 24.15 27.15 30.67 34.30 38.42 43.20 48.84 54.86 62.05 80
18.92 21.50 24.13 26.85 30.02 33.88 37.95 42.67 48.23 54.71 61.28 69.45 81
21.47 24.10 26.82 29.67 33.16 37.50 42.15 47.64 54.05 61.13 68.60 77.12 82
24.06 26.78 29.64 32.76 36.68 41.66 47.07 53.40 60.40 68.45 76.20 85.36 83
26.72 29.58 32.71 36.24 40.74 46.54 52.77 59.68 67.64 76.05 84.35 94.49 84
29.51 32.64 36.17 40.24 45.50 52.18 58.99 66.84 75.13 84.16 93.33 104.68 85
32.55 36.08 40.16 44.92 50.99 58.34 66.08 74.26 83.18 93.15 103.43 115.99 86
35.98 40.05 44.81 50.34 57.00 65.38 73.44 82.24 92.08 103.26 114.64 128.32 87
39.68 44.68 50.21 56.25 63.86 72.68 81.36 91.09 102.12 114.49 126.86 141.51 88
43.89 50.05 56.09 63.00 70.98 80.54 90.14 101.04 113.25 126.73 139.93 155.38 89
49.01 55.90 62.81 70.02 78.63 89.25 100.02 112.09 125.40 139.84 153.70 169.81 90
54.64 62.65 69.82 77.55 87.07 98.96 110.89 124.07 138.34 153.59 167.99 183.19 91
61.01 69.66 77.36 85.90 96.59 109.74 122.77 136.88 151.96 167.89 181.24 197.07 92
68.29 77.20 85.71 95.31 107.13 121.50 135.46 150.38 166.14 181.16 195.01 211.63 93
74.74 85.57 95.12 105.75 118.64 134.08 148.85 164.43 179.30 194.94 211.55 226.96 94
85.45 94.99 105.57 117.15 130.97 147.35 162.76 177.45 192.91 211.50 226.83 242.98 95
94.57 105.45 116.98 129.35 143.97 161.14 175.68 190.97 211.47 226.76 242.88 257.32 96
99.56 116.78 129.20 142.22 157.49 173.96 189.09 211.44 226.72 242.86 257.32 272.49 97
106.19 124.37 142.10 155.63 170.07 187.28 211.41 226.69 242.80 257.32 272.49 288.55 98
115.49 134.77 155.54 168.11 183.15 211.38 226.66 242.76 257.32 272.49 288.55 305.55 99
133.96 155.54 168.06 181.09 211.35 226.63 242.72 257.32 272.49 288.55 305.55 323.54 100
154.18 167.80 180.79 211.32 226.60 242.68 257.32 272.49 288.55 305.55 323.54 342.58 101
165.74 180.53 211.00 226.57 242.64 257.32 272.49 288.55 305.55 323.54 342.58 362.74 102
180.29 210.72 226.26 242.60 257.28 272.49 288.55 305.55 323.54 342.58 362.74 384.06 103
210.48 225.99 242.31 256.96 272.45 288.55 305.55 323.54 342.58 362.74 384.06 406.63 104
225.76 242.05 256.69 272.16 288.51 305.55 323.54 342.58 362.74 384.06 406.63 430.21 105
241.84 256.46 271.91 288.25 305.52 323.54 342.58 362.74 384.06 406.63 430.21 455.16 106
256.26 271.70 288.03 305.29 323.51 342.58 362.74 384.06 406.63 430.21 455.16 481.56 107
271.52 287.84 305.10 323.32 342.55 362.74 384.06 406.63 430.21 455.16 481.56 509.49 108
287.68 304.94 323.16 342.41 362.71 384.06 406.63 430.21 455.16 481.56 509.49 539.05 109
304.80 323.03 342.28 362.61 384.05 406.63 430.21 455.16 481.56 509.49 539.05 570.31 110
322.91 342.18 362.53 384.00 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 111
342.08 362.45 383.95 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38 112
362.39 383.91 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38 675.41 113
383.88 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38 675.41 714.58 114
406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38 675.41 714.58 756.03 115
430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38 675.41 714.58 756.03 799.88 116
455.16 481.56 509.49 539.05 570.31 603.39 638.38 675.41 714.58 756.03 799.88 846.27 117
481.56 509.49 539.05 570.31 603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 118
509.49 539.05 570.31 603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 119
539.05 570.31 603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00 120
570.31 603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00 1000.00
603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00 1000.00 1000.00
638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00 1000.00 1000.00 1000.00
675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00 1000.00 1000.00 1000.00 1000.00
712.44 753.75 797.48 843.73 892.66 944.45 999.22
2001 Valuation Basic Table -- Male -- Smoker -- 1000qx (Age Nearest Birthday)
Issue Duration
Age
1 2 3 4 5 6 7 8 9 10 11 12 13 14
0
1
2
3 0.62
4 0.62 0.78
5 0.61 0.78 0.93
6 0.61 0.78 0.93 1.06
7 0.61 0.78 0.93 1.06 1.14
8 0.60 0.78 0.93 1.05 1.13 1.19
9 0.60 0.78 0.93 1.05 1.13 1.19 1.24
10 0.60 0.77 0.93 1.05 1.13 1.18 1.22 1.27
11 0.60 0.77 0.93 1.03 1.11 1.16 1.21 1.26 1.33
12 0.60 0.77 0.93 1.03 1.10 1.15 1.20 1.24 1.32 1.41
13 0.60 0.77 0.93 1.02 1.09 1.14 1.18 1.23 1.30 1.38 1.46
14 0.60 0.77 0.93 1.02 1.08 1.12 1.17 1.21 1.27 1.36 1.44 1.51
15 0.60 0.77 0.93 1.01 1.05 1.11 1.15 1.20 1.26 1.35 1.41 1.50 1.53
16 0.60 0.77 0.93 1.01 1.05 1.09 1.14 1.18 1.24 1.31 1.38 1.45 1.50 1.55
17 0.77 0.93 1.01 1.04 1.08 1.14 1.18 1.22 1.30 1.35 1.40 1.45 1.48 1.52
18 0.93 0.99 1.03 1.07 1.11 1.15 1.21 1.27 1.32 1.35 1.38 1.42 1.45 1.50
19 0.95 0.99 1.03 1.07 1.11 1.16 1.22 1.27 1.30 1.32 1.35 1.37 1.42 1.49
20 0.93 0.97 1.01 1.05 1.09 1.16 1.19 1.22 1.25 1.27 1.30 1.33 1.40 1.50
21 0.89 0.93 0.96 1.00 1.06 1.09 1.14 1.15 1.19 1.22 1.27 1.33 1.42 1.54
22 0.84 0.88 0.91 0.97 1.01 1.04 1.07 1.10 1.13 1.20 1.26 1.33 1.43 1.58
23 0.79 0.82 0.88 0.94 0.98 1.03 1.05 1.08 1.13 1.20 1.28 1.37 1.50 1.65
24 0.71 0.77 0.84 0.92 0.98 1.02 1.05 1.10 1.16 1.25 1.33 1.43 1.56 1.75
25 0.61 0.70 0.82 0.93 0.99 1.04 1.08 1.13 1.21 1.31 1.41 1.52 1.68 1.88
26 0.56 0.69 0.83 0.96 1.02 1.06 1.11 1.19 1.27 1.39 1.51 1.64 1.81 2.06
27 0.53 0.70 0.86 0.98 1.06 1.11 1.19 1.27 1.37 1.51 1.64 1.80 1.98 2.27
28 0.54 0.73 0.89 1.01 1.11 1.17 1.25 1.35 1.47 1.63 1.80 1.98 2.21 2.51
29 0.53 0.74 0.91 1.04 1.17 1.25 1.35 1.47 1.59 1.80 1.98 2.21 2.44 2.75
30 0.54 0.75 0.91 1.07 1.22 1.35 1.47 1.59 1.76 1.98 2.17 2.40 2.66 3.00
31 0.51 0.74 0.92 1.10 1.27 1.44 1.59 1.73 1.89 2.08 2.29 2.58 2.93 3.35
32 0.50 0.71 0.93 1.11 1.30 1.47 1.66 1.82 1.97 2.15 2.42 2.79 3.27 3.78
33 0.54 0.76 0.97 1.18 1.38 1.57 1.76 1.92 2.08 2.28 2.60 3.05 3.62 4.15
34 0.58 0.80 1.04 1.24 1.47 1.68 1.89 2.07 2.25 2.50 2.88 3.39 3.96 4.53
35 0.63 0.85 1.09 1.31 1.54 1.79 2.00 2.23 2.49 2.82 3.24 3.75 4.32 4.90
36 0.67 0.89 1.13 1.37 1.62 1.85 2.12 2.45 2.80 3.21 3.63 4.13 4.70 5.32
37 0.71 0.91 1.17 1.42 1.67 1.95 2.30 2.73 3.16 3.57 3.99 4.47 5.09 5.77
38 0.76 1.02 1.29 1.52 1.77 2.11 2.56 3.06 3.53 3.95 4.36 4.86 5.49 6.24
39 0.84 1.14 1.40 1.63 1.92 2.33 2.87 3.38 3.88 4.30 4.72 5.28 5.99 6.78
40 0.90 1.23 1.52 1.79 2.14 2.64 3.19 3.74 4.20 4.67 5.19 5.85 6.60 7.45
41 0.96 1.33 1.70 2.02 2.43 2.98 3.57 4.09 4.59 5.14 5.78 6.52 7.35 8.25
42 1.02 1.49 1.91 2.30 2.75 3.30 3.89 4.46 5.04 5.72 6.45 7.27 8.20 9.26
43 1.08 1.57 2.05 2.48 2.95 3.51 4.16 4.81 5.50 6.28 7.09 8.07 9.21 10.41
44 1.16 1.69 2.17 2.62 3.12 3.73 4.45 5.24 6.02 6.88 7.78 9.05 10.35 11.41
45 1.29 1.81 2.30 2.77 3.34 4.02 4.87 5.74 6.66 7.57 8.69 10.20 11.41 12.25
46 1.42 1.92 2.40 2.91 3.58 4.39 5.30 6.30 7.29 8.35 9.66 11.12 12.25 13.06
47 1.56 2.03 2.51 3.12 3.90 4.78 5.80 6.90 7.97 9.28 10.57 11.94 13.06 14.06
48 1.71 2.20 2.76 3.42 4.21 5.14 6.25 7.45 8.66 10.14 11.34 12.73 14.06 15.47
49 1.83 2.43 3.06 3.78 4.59 5.55 6.72 8.06 9.30 10.73 12.10 13.69 15.45 17.33
[2001 Valuation Basic Table -- Male -- Smoker -- 1000qx (Age Nearest Birthday) (ages 0 - 49) chart continued on this page]
Att
15 16 17 18 19 20 21 22 23 24 25 Ultimate Age
0.70 0.88 1.01 1.11 1.17 1.22 1.28 1.34 1.41 1.49 25
0.67 0.84 0.99 1.08 1.15 1.22 1.28 1.34 1.41 1.49 1.57 26
0.64 0.80 0.95 1.07 1.15 1.22 1.28 1.34 1.41 1.49 1.56 1.66 27
0.78 0.93 1.06 1.15 1.22 1.28 1.34 1.41 1.49 1.54 1.61 1.66 28
0.93 1.06 1.14 1.22 1.28 1.34 1.41 1.49 1.54 1.59 1.61 1.64 29
1.06 1.14 1.22 1.28 1.34 1.41 1.49 1.54 1.56 1.58 1.60 1.62 30
1.14 1.22 1.27 1.33 1.41 1.49 1.51 1.53 1.55 1.57 1.59 1.61 31
1.20 1.27 1.31 1.39 1.47 1.49 1.51 1.53 1.55 1.57 1.59 1.61 32
1.25 1.30 1.38 1.46 1.49 1.51 1.53 1.55 1.57 1.59 1.61 1.65 33
1.29 1.35 1.44 1.49 1.51 1.53 1.55 1.57 1.59 1.61 1.65 1.71 34
1.35 1.42 1.49 1.51 1.53 1.55 1.57 1.59 1.61 1.65 1.71 1.75 35
1.41 1.48 1.51 1.53 1.55 1.57 1.59 1.61 1.65 1.71 1.75 1.85 36
1.48 1.51 1.53 1.55 1.57 1.59 1.61 1.65 1.71 1.75 1.85 1.95 37
1.51 1.53 1.55 1.57 1.59 1.61 1.65 1.71 1.75 1.85 1.95 2.10 38
1.53 1.55 1.57 1.59 1.61 1.65 1.71 1.75 1.85 1.95 2.10 2.25 39
1.55 1.57 1.59 1.61 1.65 1.71 1.75 1.85 1.95 2.10 2.25 2.43 40
1.57 1.59 1.61 1.65 1.70 1.75 1.85 1.95 2.10 2.25 2.43 2.66 41
1.54 1.56 1.65 1.70 1.75 1.84 1.94 2.10 2.25 2.43 2.66 2.94 42
1.56 1.57 1.70 1.74 1.84 1.94 2.10 2.25 2.43 2.66 2.94 3.27 43
1.57 1.64 1.74 1.84 1.94 2.09 2.25 2.42 2.66 2.94 3.27 3.67 44
1.64 1.74 1.84 1.94 2.09 2.25 2.42 2.65 2.94 3.27 3.67 4.09 45
1.69 1.84 1.94 2.09 2.25 2.42 2.65 2.94 3.27 3.67 4.09 4.48 46
1.77 1.94 2.09 2.25 2.42 2.65 2.94 3.27 3.67 4.09 4.48 4.91 47
1.87 2.08 2.25 2.42 2.65 2.94 3.27 3.67 4.06 4.48 4.91 5.13 48
2.01 2.22 2.42 2.65 2.94 3.27 3.66 4.06 4.48 4.87 5.13 5.39 49
2.13 2.41 2.65 2.94 3.27 3.65 4.06 4.48 4.84 5.13 5.39 5.77 50
2.32 2.64 2.94 3.27 3.64 4.06 4.48 4.84 5.13 5.39 5.77 6.24 51
2.53 2.91 3.27 3.63 4.06 4.48 4.83 5.13 5.39 5.77 6.24 6.88 52
2.82 3.23 3.62 4.06 4.48 4.82 5.13 5.39 5.77 6.24 6.88 7.62 53
3.13 3.60 4.06 4.48 4.81 5.13 5.39 5.77 6.24 6.88 7.62 8.55 54
3.44 3.93 4.39 4.80 5.13 5.39 5.77 6.24 6.88 7.62 8.48 9.60 55
3.84 4.32 4.74 5.13 5.39 5.77 6.24 6.88 7.62 8.48 9.38 10.67 56
4.27 4.71 5.12 5.39 5.77 6.24 6.88 7.62 8.48 9.38 10.44 11.80 57
4.63 5.07 5.39 5.77 6.24 6.88 7.62 8.48 9.37 10.44 11.41 12.67 58
5.01 5.39 5.77 6.24 6.88 7.62 8.48 9.37 10.44 11.41 12.25 13.68 59
5.39 5.77 6.24 6.88 7.62 8.48 9.37 10.44 11.41 12.25 13.06 14.92 60
5.77 6.24 6.88 7.62 8.48 9.37 10.44 11.41 12.25 13.06 14.06 16.46 61
6.24 6.88 7.62 8.48 9.37 10.44 11.41 12.25 13.06 14.06 15.47 18.34 62
6.88 7.62 8.48 9.37 10.44 11.41 12.25 13.06 14.06 15.47 17.33 20.43 63
7.62 8.48 9.37 10.44 11.41 12.25 13.06 14.06 15.47 17.33 19.48 22.56 64
8.35 9.36 10.44 11.41 12.25 13.06 14.06 15.47 17.33 19.48 21.62 24.65 65
9.32 10.44 11.41 12.25 13.06 14.06 15.47 17.33 19.48 21.62 23.01 26.65 66
10.44 11.41 12.25 13.06 14.06 15.47 17.33 19.48 21.62 23.01 24.34 28.57 67
11.41 12.25 13.06 14.06 15.47 17.33 19.48 21.62 23.01 24.34 26.19 30.59 68
12.25 13.06 14.06 15.47 17.33 19.48 21.62 23.01 24.34 26.19 28.31 32.57 69
13.06 14.06 15.47 17.33 19.48 21.62 23.01 24.34 26.19 28.31 30.83 34.99 70
14.06 15.47 17.33 19.48 21.62 23.01 24.34 26.19 28.31 30.83 33.98 37.64 71
15.47 17.33 19.48 21.62 23.01 24.34 26.19 28.31 30.83 33.98 37.58 41.30 72
17.33 19.48 21.62 23.01 24.34 26.19 28.31 30.83 33.98 37.58 41.30 44.96 73
19.48 21.62 23.01 24.34 26.19 28.31 30.83 33.98 37.58 41.30 44.96 48.63 74
2001 Valuation Basic Table -- Male -- Smoker -- 1000qx (Age Nearest Birthday)
Issue Duration
Age
1 2 3 4 5 6 7 8 9 10 11 12 13 14
50 2.02 2.70 3.41 4.16 4.98 5.97 7.25 8.62 9.88 11.32 12.98 15.05 17.27 19.48
51 2.25 3.05 3.84 4.65 5.46 6.48 7.71 9.09 10.49 12.10 14.19 16.85 19.38 21.62
52 2.50 3.43 4.34 5.17 6.00 6.96 8.20 9.66 11.28 13.30 15.85 18.88 21.48 22.99
53 2.62 3.74 4.76 5.70 6.57 7.58 8.93 10.63 12.47 14.92 17.83 20.97 22.69 24.34
54 2.72 4.05 5.24 6.24 7.13 8.27 9.88 11.89 14.00 16.79 19.79 22.16 24.31 26.19
55 2.85 4.40 5.71 6.72 7.73 9.12 11.06 13.36 15.67 18.53 20.82 23.61 26.19 28.31
56 2.97 4.67 6.08 7.23 8.43 10.16 12.44 15.00 17.41 19.63 22.36 25.53 28.31 30.83
57 3.06 4.90 6.46 7.85 9.35 11.40 13.95 16.63 19.06 21.78 24.91 28.29 30.83 33.98
58 3.30 5.19 6.92 8.59 10.47 12.81 15.47 18.12 20.46 23.55 27.06 30.83 33.98 37.58
59 3.59 5.54 7.48 9.47 11.70 14.27 16.99 19.52 21.77 25.22 29.21 33.98 37.58 41.30
60 3.99 5.99 8.12 10.43 12.99 15.72 18.43 20.90 23.06 26.99 31.62 37.02 41.30 44.96
61 4.46 6.51 8.81 11.38 14.23 17.15 19.85 22.21 24.37 28.92 34.07 39.70 44.96 48.63
62 5.00 7.11 9.57 12.40 15.52 18.62 21.37 23.76 26.03 31.12 36.49 42.20 48.26 52.82
63 5.33 7.81 10.63 13.75 17.03 20.28 23.20 25.80 28.36 33.77 39.28 45.16 51.58 57.47
64 5.56 8.55 11.78 15.18 18.73 22.17 25.34 28.30 31.20 36.85 42.60 48.89 55.90 62.74
65 5.68 9.26 12.96 16.79 20.60 24.29 27.74 31.02 34.31 40.31 46.50 53.41 61.20 68.86
66 5.72 10.29 14.32 18.32 22.57 26.36 29.83 33.24 36.83 43.16 49.92 57.58 66.42 75.84
67 6.03 11.46 15.77 20.01 24.75 28.58 32.10 35.59 39.42 46.20 53.68 62.33 72.23 83.04
68 6.92 12.74 17.40 21.84 26.58 31.09 35.25 39.17 42.91 50.34 58.81 68.52 79.20 91.29
69 7.73 14.16 19.19 23.83 27.33 33.96 37.91 41.46 45.52 53.64 63.02 73.36 85.13 97.48
70 8.61 15.74 21.14 25.98 27.97 36.81 40.17 43.70 51.77 60.88 71.15 82.85 95.23 108.58
71 11.00 17.51 23.29 26.89 32.00 39.04 42.08 48.56 56.13 65.68 76.99 89.04 102.11 116.55
72 14.04 19.46 25.67 30.88 35.81 40.64 45.54 50.64 56.24 66.16 77.41 89.72 103.40 118.75
73 16.29 23.56 29.53 34.38 38.46 42.30 46.35 54.16 57.57 67.31 78.91 91.87 106.48 122.75
74 19.08 25.74 31.95 37.32 41.57 45.07 52.33 56.34 60.20 74.65 89.48 96.73 112.39 129.65
75 22.26 27.08 34.07 40.94 44.50 50.71 55.31 59.98 72.61 88.31 95.76 111.46 128.81 147.67
76 22.42 29.60 36.97 44.06 49.46 54.83 59.86 70.63 87.16 95.29 110.42 128.41 147.44 163.87
77 22.62 31.41 39.87 48.09 54.20 59.74 69.99 86.02 95.07 109.90 124.78 143.71 159.99 178.26
78 23.51 33.08 42.89 53.39 59.62 69.18 84.90 94.85 109.39 121.55 136.23 156.20 175.96 195.12
79 24.75 35.22 46.92 59.50 68.10 83.79 94.63 108.88 119.96 132.64 152.50 173.69 194.47 222.69
80 26.02 38.36 51.99 66.82 82.70 94.41 108.37 118.40 131.13 148.38 169.44 190.16 222.69 235.97
81 27.68 42.41 58.52 75.85 94.19 107.86 116.86 130.23 146.04 164.26 189.53 222.69 235.97 249.66
82 29.99 47.74 66.68 86.63 107.36 115.34 129.33 145.25 161.92 188.90 222.69 235.97 249.66 264.85
83 33.74 54.67 76.47 98.94 113.84 128.44 144.46 159.62 188.27 222.69 235.97 249.66 264.85 277.90
84 39.45 63.29 87.65 112.36 127.56 143.68 157.35 187.64 222.69 235.97 249.66 264.85 277.90 291.56
85 47.19 73.49 100.05 126.68 142.90 155.11 187.02 222.69 235.97 249.66 264.85 277.90 291.56 305.86
86 56.64 85.33 113.87 142.13 152.90 186.40 222.69 235.97 249.66 264.85 277.90 291.56 305.86 320.83
87 67.57 99.08 129.75 150.73 185.78 222.69 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48
88 80.36 115.44 148.59 185.16 222.69 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85
89 96.43 135.33 184.55 222.69 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99
90 117.67 183.94 222.69 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90
91 171.79 219.76 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63
92 210.92 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21
93 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16
94 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16 481.56
95 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16 481.56 509.49
96 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16 481.56 509.49 539.05
97 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16 481.56 509.49 539.05 570.31
98 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39
99 320.83 336.48 352.85 369.98 387.90 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38
100 335.8 352.13 369.22 387.11 405.81 425.36 453.79 480.11 507.96 537.42 568.61 601.57 636.47 673.37
[2001 Valuation Basic Table -- Male -- Smoker -- 1000qx (Age Nearest Birthday) (ages 50 - 100) chart continued on this page]
Att
15 16 17 18 19 20 21 22 23 24 25 Ultimate Age
21.62 23.01 24.34 26.19 28.31 30.83 33.98 37.58 41.30 44.96 48.63 52.92 75
23.01 24.34 26.19 28.31 30.83 33.98 37.58 41.30 44.96 48.63 52.82 57.47 76
24.34 26.19 28.31 30.83 33.98 37.58 41.30 44.96 48.63 52.82 57.47 62.74 77
26.19 28.31 30.83 33.98 37.58 41.30 44.96 48.63 52.82 57.47 62.74 68.86 78
28.31 30.83 33.98 37.58 41.30 44.96 48.63 52.82 57.47 62.74 68.86 75.84 79
30.83 33.98 37.58 41.30 44.96 48.63 52.82 57.47 62.74 68.86 75.84 83.27 80
33.98 37.58 41.30 44.96 48.63 52.82 57.47 62.74 68.86 75.84 83.27 91.60 81
37.58 41.30 44.96 48.63 52.82 57.47 62.74 68.86 75.84 83.27 91.60 99.95 82
41.30 44.96 48.63 52.82 57.47 62.74 68.86 75.84 83.27 91.60 99.95 108.66 83
44.96 48.63 52.82 57.47 62.74 68.86 75.84 83.27 91.60 99.95 108.66 118.11 84
48.63 52.82 57.47 62.74 68.86 75.84 83.27 91.60 99.95 108.66 118.11 129.28 85
52.82 57.47 62.74 68.86 75.84 83.27 91.60 99.95 108.66 118.11 129.28 141.51 86
57.47 62.74 68.86 75.84 83.27 91.60 99.95 108.66 118.11 129.28 141.51 154.63 87
62.74 68.86 75.84 83.27 91.60 99.95 108.66 118.11 129.28 141.51 154.63 168.39 88
68.86 75.84 83.27 91.60 99.95 108.66 118.11 129.28 141.51 154.63 168.39 182.58 89
75.84 83.27 91.60 99.95 108.66 118.11 129.28 141.51 154.63 168.39 182.58 196.98 90
83.27 91.60 99.95 108.66 118.11 129.28 140.05 154.55 168.39 182.58 196.98 209.75 91
91.60 99.95 108.66 118.11 129.28 139.33 153.25 167.64 182.51 196.98 209.75 222.69 92
99.95 108.66 118.11 129.28 138.61 151.63 166.06 181.01 196.30 209.75 222.69 235.97 93
108.66 118.11 129.28 137.89 151.34 164.12 179.12 194.47 208.34 222.69 235.97 249.66 94
118.11 129.28 137.18 146.96 163.52 176.82 192.33 206.43 222.69 235.97 249.66 264.85 95
129.28 136.47 144.81 161.64 175.84 189.50 203.78 222.69 235.97 249.66 264.85 277.90 96
135.76 142.69 160.71 172.01 188.09 200.40 222.69 235.97 249.66 264.85 277.90 291.56 97
140.60 159.79 170.12 187.75 198.51 222.69 235.97 249.66 264.85 277.90 291.56 305.86 98
148.35 168.25 185.34 197.73 222.69 235.97 249.66 264.85 277.90 291.56 305.86 320.83 99
167.84 182.95 197.07 222.69 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 100
180.59 196.42 222.69 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 101
195.77 222.69 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 102
222.69 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 103
235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 104
249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 105
264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16 106
277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16 481.56 107
291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16 481.56 509.49 108
305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16 481.56 509.49 539.05 109
320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16 481.56 509.49 539.05 570.31 110
336.48 352.85 369.99 387.90 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 111
352.85 369.99 387.90 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38 112
369.99 387.90 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38 675.41 113
387.90 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38 675.41 714.58 114
406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38 675.41 714.58 756.03 115
430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38 675.41 714.58 756.03 799.88 116
455.16 481.56 509.49 539.05 570.31 603.39 638.38 675.41 714.58 756.03 799.88 846.27 117
481.56 509.49 539.05 570.31 603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 118
509.49 539.05 570.31 603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 119
539.05 570.31 603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00 120
570.31 603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00 1000.00
603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00 1000.00 1000.00
638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00 1000.00 1000.00 1000.00
675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00 1000.00 1000.00 1000.00 1000.00
712.44 753.75 797.48 843.73 892.66 944.45 999.22
2001 Valuation Basic Table -- Female -- Nonsmoker -- 1000qx (Age Nearest Birthday)
Issue Duration
Age
1 2 3 4 5 6 7 8 9 10 11 12 13 14
0
1
2
3 0.29
4 0.29 0.31
5 0.28 0.30 0.31
6 0.28 0.30 0.31 0.32
7 0.28 0.29 0.30 0.32 0.33
8 0.27 0.29 0.30 0.31 0.33 0.33
9 0.27 0.28 0.29 0.31 0.32 0.33 0.34
10 0.26 0.28 0.28 0.30 0.31 0.32 0.34 0.35
11 0.25 0.27 0.28 0.29 0.30 0.31 0.33 0.35 0.35
12 0.25 0.26 0.27 0.28 0.29 0.30 0.32 0.34 0.35 0.37
13 0.25 0.26 0.26 0.27 0.28 0.29 0.31 0.33 0.34 0.36 0.38
14 0.25 0.26 0.26 0.26 0.28 0.28 0.30 0.31 0.33 0.35 0.38 0.40
15 0.25 0.26 0.26 0.26 0.27 0.28 0.28 0.30 0.31 0.34 0.37 0.39 0.42
16 0.25 0.26 0.26 0.25 0.26 0.27 0.28 0.29 0.31 0.32 0.35 0.38 0.41 0.45
17 0.26 0.26 0.25 0.25 0.26 0.27 0.28 0.30 0.31 0.34 0.37 0.40 0.44 0.47
18 0.25 0.24 0.24 0.25 0.26 0.27 0.28 0.31 0.33 0.36 0.40 0.43 0.47 0.51
19 0.23 0.23 0.24 0.25 0.26 0.27 0.29 0.32 0.35 0.38 0.42 0.46 0.50 0.54
20 0.21 0.22 0.23 0.24 0.25 0.28 0.31 0.34 0.37 0.41 0.45 0.50 0.54 0.57
21 0.19 0.20 0.22 0.24 0.26 0.29 0.33 0.35 0.40 0.43 0.48 0.52 0.57 0.62
22 0.17 0.19 0.22 0.24 0.27 0.31 0.34 0.38 0.42 0.47 0.51 0.56 0.60 0.65
23 0.15 0.18 0.21 0.24 0.28 0.32 0.36 0.41 0.45 0.49 0.54 0.59 0.64 0.69
24 0.14 0.18 0.21 0.25 0.29 0.33 0.38 0.42 0.48 0.52 0.57 0.62 0.67 0.72
25 0.13 0.18 0.21 0.26 0.30 0.35 0.40 0.45 0.50 0.55 0.60 0.64 0.70 0.75
26 0.13 0.18 0.22 0.27 0.31 0.37 0.42 0.46 0.52 0.57 0.62 0.67 0.73 0.78
27 0.14 0.18 0.23 0.28 0.33 0.38 0.43 0.48 0.54 0.59 0.64 0.69 0.76 0.83
28 0.15 0.19 0.24 0.29 0.34 0.39 0.45 0.50 0.55 0.60 0.67 0.73 0.80 0.87
29 0.16 0.21 0.26 0.30 0.35 0.41 0.45 0.52 0.57 0.63 0.69 0.76 0.84 0.93
30 0.17 0.22 0.26 0.32 0.36 0.42 0.47 0.52 0.58 0.66 0.73 0.81 0.90 1.01
31 0.19 0.24 0.28 0.33 0.38 0.43 0.49 0.55 0.61 0.69 0.77 0.87 0.98 1.11
32 0.20 0.24 0.29 0.34 0.39 0.45 0.51 0.57 0.65 0.74 0.84 0.95 1.08 1.22
33 0.21 0.25 0.30 0.35 0.41 0.48 0.55 0.62 0.70 0.81 0.93 1.05 1.20 1.36
34 0.21 0.25 0.30 0.37 0.43 0.50 0.58 0.68 0.77 0.89 1.02 1.17 1.34 1.51
35 0.21 0.26 0.31 0.38 0.45 0.54 0.64 0.75 0.86 0.99 1.14 1.31 1.49 1.70
36 0.21 0.27 0.33 0.41 0.49 0.59 0.70 0.82 0.96 1.11 1.27 1.46 1.67 1.89
37 0.21 0.27 0.34 0.43 0.53 0.65 0.77 0.91 1.06 1.24 1.42 1.63 1.86 2.11
38 0.22 0.29 0.37 0.47 0.58 0.70 0.85 1.00 1.18 1.37 1.58 1.81 2.07 2.34
39 0.23 0.31 0.40 0.52 0.64 0.78 0.94 1.12 1.30 1.52 1.75 2.01 2.29 2.60
40 0.26 0.35 0.45 0.57 0.71 0.86 1.04 1.24 1.45 1.68 1.94 2.22 2.54 2.88
41 0.29 0.39 0.51 0.64 0.79 0.97 1.15 1.36 1.60 1.86 2.15 2.46 2.80 3.18
42 0.32 0.44 0.57 0.72 0.89 1.07 1.29 1.52 1.77 2.06 2.36 2.72 3.09 3.50
43 0.37 0.50 0.65 0.81 1.01 1.21 1.44 1.69 1.97 2.27 2.62 2.99 3.40 3.86
44 0.42 0.56 0.74 0.93 1.13 1.36 1.60 1.88 2.18 2.51 2.89 3.29 3.75 4.24
45 0.47 0.64 0.83 1.04 1.27 1.52 1.79 2.09 2.42 2.78 3.17 3.62 4.11 4.65
46 0.53 0.72 0.94 1.16 1.41 1.69 1.99 2.31 2.67 3.06 3.49 3.98 4.50 5.08
47 0.59 0.80 1.04 1.29 1.57 1.86 2.19 2.54 2.92 3.35 3.82 4.34 4.91 5.53
48 0.66 0.89 1.14 1.42 1.71 2.03 2.38 2.77 3.19 3.65 4.16 4.72 5.34 6.02
49 0.69 0.93 1.25 1.54 1.86 2.20 2.58 2.99 3.44 3.94 4.50 5.11 5.78 6.53
[2001 Valuation Basic Table -- Female -- Nonsmoker -- 1000qx (Age Nearest Birthday) (ages 0 - 49) chart continued on this page]
Att
15 16 17 18 19 20 21 22 23 24 25 Ultimate Age
0.31 0.33 0.34 0.36 0.36 0.37 0.38 0.38 0.39 0.39 25
0.30 0.32 0.33 0.35 0.36 0.37 0.38 0.38 0.38 0.39 0.41 26
0.29 0.32 0.33 0.35 0.35 0.37 0.38 0.38 0.38 0.39 0.40 0.44 27
0.31 0.32 0.34 0.35 0.36 0.37 0.38 0.38 0.39 0.40 0.43 0.45 28
0.32 0.33 0.34 0.36 0.37 0.37 0.38 0.39 0.40 0.43 0.45 0.48 29
0.33 0.34 0.35 0.37 0.37 0.38 0.39 0.40 0.43 0.45 0.48 0.49 30
0.33 0.35 0.36 0.37 0.38 0.39 0.40 0.43 0.45 0.47 0.48 0.52 31
0.34 0.36 0.36 0.38 0.39 0.40 0.43 0.45 0.47 0.48 0.52 0.55 32
0.35 0.36 0.37 0.39 0.40 0.43 0.45 0.47 0.48 0.52 0.54 0.58 33
0.35 0.37 0.39 0.40 0.42 0.45 0.47 0.48 0.52 0.54 0.58 0.63 34
0.36 0.38 0.39 0.42 0.45 0.47 0.48 0.52 0.54 0.58 0.63 0.69 35
0.38 0.39 0.41 0.44 0.47 0.48 0.51 0.54 0.57 0.62 0.68 0.73 36
0.38 0.41 0.44 0.46 0.48 0.51 0.54 0.57 0.62 0.68 0.73 0.80 37
0.40 0.44 0.46 0.48 0.51 0.54 0.57 0.62 0.68 0.73 0.78 0.83 38
0.43 0.46 0.48 0.51 0.54 0.57 0.62 0.68 0.72 0.77 0.82 0.87 39
0.45 0.48 0.51 0.54 0.57 0.62 0.68 0.72 0.77 0.82 0.87 0.92 40
0.48 0.51 0.54 0.57 0.62 0.68 0.72 0.77 0.81 0.87 0.91 0.97 41
0.51 0.54 0.57 0.62 0.68 0.72 0.77 0.81 0.87 0.91 0.97 1.04 42
0.54 0.57 0.62 0.68 0.72 0.77 0.81 0.87 0.91 0.97 1.04 1.12 43
0.57 0.62 0.68 0.72 0.77 0.81 0.87 0.91 0.97 1.04 1.12 1.21 44
0.62 0.68 0.72 0.77 0.81 0.87 0.91 0.97 1.04 1.12 1.21 1.33 45
0.66 0.72 0.76 0.81 0.86 0.91 0.97 1.04 1.12 1.21 1.33 1.47 46
0.70 0.75 0.80 0.86 0.91 0.97 1.04 1.12 1.21 1.33 1.47 1.64 47
0.73 0.79 0.84 0.90 0.97 1.04 1.12 1.21 1.33 1.47 1.64 1.83 48
0.77 0.83 0.88 0.95 1.03 1.12 1.21 1.33 1.47 1.64 1.83 2.04 49
0.80 0.87 0.94 1.02 1.11 1.21 1.33 1.47 1.64 1.83 2.04 2.29 50
0.85 0.92 1.01 1.09 1.21 1.33 1.47 1.64 1.83 2.04 2.29 2.56 51
0.90 0.99 1.08 1.19 1.32 1.47 1.64 1.83 2.04 2.29 2.56 2.88 52
0.96 1.07 1.17 1.31 1.46 1.62 1.83 2.04 2.29 2.56 2.88 3.22 53
1.04 1.15 1.30 1.45 1.61 1.81 2.04 2.29 2.56 2.88 3.22 3.58 54
1.13 1.27 1.43 1.60 1.80 2.02 2.28 2.56 2.87 3.21 3.58 3.96 55
1.25 1.41 1.58 1.79 2.01 2.26 2.55 2.86 3.20 3.57 3.96 4.41 56
1.39 1.56 1.77 1.99 2.24 2.51 2.83 3.18 3.56 3.95 4.40 4.88 57
1.54 1.75 1.97 2.22 2.49 2.80 3.15 3.52 3.94 4.38 4.87 5.39 58
1.72 1.95 2.20 2.47 2.77 3.11 3.49 3.89 4.34 4.82 5.34 5.89 59
1.92 2.17 2.45 2.75 3.08 3.44 3.85 4.30 4.77 5.29 5.83 6.41 60
2.15 2.42 2.73 3.06 3.42 3.81 4.25 4.73 5.23 5.78 6.36 6.97 61
2.39 2.69 3.03 3.39 3.79 4.21 4.68 5.20 5.74 6.31 6.93 7.58 62
2.65 2.99 3.35 3.75 4.18 4.64 5.15 5.69 6.27 6.88 7.53 8.21 63
2.93 3.30 3.71 4.14 4.61 5.11 5.65 6.23 6.84 7.49 8.18 8.90 64
3.24 3.65 4.09 4.56 5.06 5.61 6.19 6.82 7.47 8.16 8.88 9.66 65
3.58 4.03 4.51 5.02 5.57 6.16 6.79 7.45 8.15 8.87 9.65 10.50 66
3.95 4.43 4.95 5.51 6.11 6.75 7.43 8.14 8.87 9.64 10.48 11.42 67
4.35 4.88 5.45 6.06 6.71 7.40 8.12 8.86 9.63 10.47 11.40 12.45 68
4.78 5.35 5.97 6.64 7.35 8.10 8.86 9.63 10.46 11.39 12.41 13.58 69
5.23 5.86 6.55 7.27 8.05 8.86 9.62 10.46 11.37 12.41 13.53 14.84 70
5.72 6.40 7.13 7.93 8.79 9.62 10.46 11.37 12.40 13.52 14.79 16.29 71
6.22 6.96 7.77 8.64 9.59 10.45 11.37 12.40 13.52 14.77 16.24 17.91 72
6.77 7.57 8.44 9.40 10.44 11.37 12.38 13.50 14.77 16.24 17.83 19.67 73
7.35 8.23 9.19 10.24 11.35 12.38 13.50 14.77 16.24 17.83 19.60 21.60 74
2001 Valuation Basic Table -- Female -- Nonsmoker -- 1000qx (Age Nearest Birthday)
Issue Duration
Age
1 2 3 4 5 6 7 8 9 10 11 12 13 14
50 0.71 1.03 1.35 1.65 1.99 2.35 2.76 3.20 3.69 4.24 4.84 5.51 6.24 7.06
51 0.76 1.16 1.47 1.77 2.13 2.51 2.94 3.42 3.95 4.54 5.20 5.92 6.73 7.63
52 0.79 1.30 1.59 1.90 2.26 2.66 3.11 3.62 4.20 4.85 5.56 6.36 7.24 8.23
53 0.84 1.39 1.71 2.02 2.39 2.81 3.29 3.84 4.46 5.17 5.95 6.83 7.81 8.90
54 0.88 1.49 1.84 2.15 2.53 2.97 3.48 4.07 4.74 5.50 6.37 7.34 8.43 9.65
55 0.93 1.60 1.98 2.30 2.69 3.15 3.69 4.32 5.05 5.89 6.84 7.92 9.13 10.49
56 1.03 1.72 2.15 2.49 2.89 3.38 3.96 4.64 5.44 6.35 7.40 8.59 9.94 11.48
57 1.09 1.85 2.34 2.69 3.13 3.65 4.28 5.03 5.89 6.89 8.04 9.36 10.86 12.57
58 1.12 1.98 2.53 2.91 3.39 3.97 4.66 5.48 6.42 7.53 8.79 10.25 11.91 13.82
59 1.22 2.10 2.74 3.16 3.68 4.32 5.08 5.98 7.03 8.26 9.66 11.28 13.12 15.22
60 1.28 2.23 2.95 3.40 3.98 4.70 5.55 6.56 7.73 9.09 10.66 12.44 14.52 16.85
61 1.34 2.35 3.15 3.65 4.29 5.09 6.04 7.17 8.50 10.02 11.79 13.79 16.09 18.70
62 1.44 2.49 3.35 3.89 4.60 5.49 6.56 7.83 9.33 11.05 13.04 15.32 17.90 20.83
63 1.61 2.63 3.54 4.12 4.90 5.89 7.10 8.54 10.23 12.20 14.45 17.03 19.94 23.22
64 1.81 3.37 3.75 4.36 5.21 6.31 7.67 9.30 11.22 13.44 16.01 18.94 22.23 25.90
65 2.06 3.58 3.96 4.61 5.54 6.76 8.29 10.14 12.31 14.84 17.76 21.06 24.75 28.92
66 2.16 3.84 4.21 4.90 5.93 7.29 9.02 11.11 13.60 16.46 19.74 23.49 27.67 32.36
67 2.23 4.11 4.48 5.24 6.39 7.93 9.88 12.24 15.03 18.30 22.02 26.22 30.96 36.20
68 2.53 4.41 4.83 5.68 6.96 8.69 10.90 13.57 16.74 20.41 24.60 29.33 34.63 40.49
69 2.85 4.75 5.23 6.19 7.66 9.62 12.10 15.14 18.70 22.83 27.54 32.84 38.73 45.07
70 3.22 5.12 5.71 6.83 8.50 10.74 13.56 16.97 20.99 25.62 30.85 36.77 43.32 49.65
71 3.67 5.55 6.28 7.60 9.54 12.09 15.27 19.12 23.62 28.80 34.64 41.18 48.47 54.62
72 5.55 6.02 6.95 8.52 10.77 13.70 17.31 21.62 26.66 32.43 38.92 46.15 54.13 58.93
73 6.02 6.59 7.75 9.63 12.25 15.58 19.66 24.50 30.12 36.54 43.71 51.68 58.37 65.19
74 6.55 7.28 8.74 10.98 13.99 17.79 22.39 27.81 34.06 41.15 49.06 57.75 64.85 72.03
75 7.13 8.14 9.95 12.59 16.06 20.37 25.53 31.60 38.53 46.37 55.00 64.53 71.88 79.68
76 7.87 9.21 11.41 14.48 18.44 23.29 29.04 35.72 43.34 51.87 61.28 71.64 79.60 88.04
77 8.90 10.60 13.21 16.75 21.21 26.62 33.00 40.35 48.65 58.01 68.25 79.49 87.95 96.77
78 10.27 12.36 15.42 19.44 24.46 30.44 37.47 45.54 54.59 64.77 75.80 87.95 96.77 106.37
79 10.80 14.61 18.12 22.65 28.20 34.84 42.55 51.30 61.16 72.11 84.10 96.67 106.26 116.68
80 12.09 17.41 21.37 26.43 32.56 39.80 48.21 57.72 68.37 80.19 93.00 106.15 116.56 127.99
81 13.63 20.82 25.25 30.81 37.56 45.44 54.52 64.78 76.25 88.96 102.71 116.56 127.99 140.55
82 15.34 24.95 29.82 35.91 43.20 51.73 61.51 72.54 84.85 98.47 113.15 127.86 140.40 154.33
83 17.05 29.79 35.16 41.75 49.62 58.80 69.21 81.02 94.17 108.69 124.33 140.40 154.17 169.29
84 21.22 35.12 41.31 48.38 56.76 66.56 77.74 90.33 104.23 119.54 136.13 154.17 169.29 185.89
85 25.52 41.27 48.30 55.79 64.76 75.10 86.96 100.31 115.04 131.25 148.81 167.85 185.70 203.92
86 33.63 48.25 55.79 64.10 73.51 84.52 97.07 111.07 126.61 143.73 162.26 182.33 203.92 223.68
87 39.43 55.73 64.03 73.30 83.19 94.68 107.87 122.60 138.96 156.97 176.47 197.61 220.17 244.33
88 49.69 64.03 73.22 83.10 93.73 105.76 119.50 134.93 152.09 170.99 191.27 213.44 237.11 262.47
89 61.50 73.22 83.10 93.64 105.06 117.60 131.92 148.05 166.01 185.61 207.02 230.03 254.81 281.38
90 73.22 83.10 93.64 105.06 117.23 130.39 145.31 161.98 180.72 201.18 223.34 247.36 273.27 301.05
91 83.10 93.64 105.06 117.23 130.26 143.91 159.40 176.72 196.02 217.34 240.41 265.46 292.20 321.18
92 93.64 105.06 117.23 130.26 143.91 158.29 174.32 192.27 212.11 234.24 258.24 284.03 312.16 342.04
93 105.06 117.23 130.26 143.91 158.29 173.52 189.88 208.43 229.19 251.92 276.55 303.63 332.56 363.64
94 117.23 130.26 143.91 158.29 173.52 189.62 206.45 225.38 246.83 270.09 295.88 323.66 353.69 385.97
95 130.26 143.91 158.29 173.52 189.62 206.45 223.65 243.11 264.98 289.27 315.66 344.42 375.54 409.03
96 143.91 158.29 173.52 189.62 206.45 223.65 241.65 261.64 284.17 308.92 336.16 365.90 398.12 432.83
97 158.29 173.52 189.62 206.45 223.65 241.65 260.46 280.96 303.82 329.30 357.39 388.10 421.42 457.36
98 173.52 189.62 206.45 223.65 241.65 260.46 280.09 300.78 324.22 350.40 379.34 411.02 445.45 482.63
99 189.62 206.45 223.65 241.65 260.46 280.09 300.24 321.36 345.36 372.24 402.01 434.66 470.20 508.63
100 205.72 223.28 240.85 259.65 279.27 299.72 320.39 341.94 366.50 394.08 424.68 458.3 494.95 534.63
[2001 Valuation Basic Table -- Female -- Nonsmoker -- 1000qx (Age Nearest Birthday) (ages 50 - 100) chart continued on this page]
Att
15 16 17 18 19 20 21 22 23 24 25 Ultimate Age
7.96 8.93 9.99 11.16 12.37 13.50 14.77 16.24 17.83 19.60 21.56 23.75 75
8.61 9.69 10.87 12.17 13.48 14.77 16.24 17.83 19.60 21.56 23.67 26.10 76
9.33 10.52 11.84 13.30 14.73 16.24 17.83 19.60 21.56 23.67 26.02 28.69 77
10.12 11.44 12.94 14.57 16.18 17.83 19.60 21.56 23.67 26.02 28.57 31.55 78
11.01 12.50 14.15 15.99 17.77 19.58 21.54 23.67 26.02 28.57 31.41 34.64 79
12.01 13.70 15.56 17.62 19.52 21.54 23.67 26.02 28.57 31.41 34.53 38.08 80
13.16 15.06 17.17 19.46 21.45 23.65 25.99 28.57 31.41 34.50 37.92 42.85 81
14.47 16.59 18.97 21.38 23.55 25.96 28.54 31.38 34.50 37.88 41.64 48.24 82
15.93 18.33 20.98 23.47 25.86 28.51 31.35 34.46 37.88 41.64 45.78 53.57 83
17.60 20.26 23.23 25.77 28.39 31.32 34.43 37.84 41.60 45.73 50.27 59.45 84
19.48 22.44 25.66 28.30 31.18 34.39 37.80 41.55 45.73 50.27 55.19 66.09 85
21.63 24.93 28.18 31.09 34.25 37.72 41.51 45.64 50.22 55.19 60.68 72.00 86
24.11 27.79 30.95 34.14 37.61 41.42 45.59 50.16 55.14 60.61 66.69 81.13 87
26.90 30.86 33.99 37.49 41.29 45.49 50.06 55.08 60.55 66.62 73.23 90.64 88
30.02 33.89 37.33 41.16 45.35 49.90 54.97 60.49 66.55 73.16 80.42 100.76 89
33.52 37.21 40.99 45.21 49.75 54.79 60.36 66.42 73.08 80.34 88.40 109.94 90
37.17 40.95 45.16 49.70 54.74 60.30 66.35 73.01 80.34 88.31 97.06 114.02 91
40.95 45.12 49.70 54.74 60.24 66.28 72.93 80.25 88.22 97.06 106.59 122.83 92
45.07 49.65 54.68 60.18 66.28 72.93 80.17 88.22 96.96 106.59 117.16 136.28 93
49.65 54.62 60.18 66.21 72.86 80.17 88.22 96.96 106.59 117.16 128.64 153.46 94
54.62 60.18 66.21 72.86 80.17 88.13 96.86 106.48 117.04 128.64 141.40 174.88 95
59.55 65.87 72.63 80.09 88.13 96.86 106.48 116.92 128.51 141.40 155.11 195.08 96
65.53 72.48 79.93 88.13 96.86 106.48 116.92 128.51 141.26 154.95 170.15 215.88 97
72.26 79.84 88.13 96.86 106.48 116.92 128.51 141.26 154.95 169.98 186.45 217.88 98
79.76 88.04 96.77 106.48 116.80 128.38 141.12 154.80 169.98 186.45 204.53 228.37 99
88.04 96.77 106.48 116.80 128.38 141.12 154.80 169.98 186.45 204.53 224.13 245.85 100
96.77 106.37 116.80 128.38 140.97 154.80 169.81 186.26 204.33 224.13 245.85 269.42 101
106.37 116.80 128.25 140.97 154.64 169.81 186.26 204.33 224.13 245.85 269.42 295.54 102
116.68 128.25 140.83 154.64 169.64 186.26 204.33 224.13 245.61 269.42 295.24 323.87 103
128.12 140.83 154.48 169.64 186.07 204.33 224.13 245.61 269.42 295.24 323.22 354.91 104
140.55 154.48 169.47 186.07 204.12 223.91 245.61 269.42 295.24 322.57 354.91 388.35 105
154.33 169.47 186.07 204.12 223.91 245.61 269.42 295.24 322.25 354.91 388.35 422.59 106
169.47 185.89 204.12 223.91 245.61 269.42 295.24 321.60 354.91 388.35 422.59 457.63 107
185.89 204.12 223.91 245.61 269.42 295.24 320.96 354.91 388.35 422.59 457.63 492.87 108
203.92 223.91 245.61 269.15 295.24 320.31 354.91 388.35 422.59 457.63 492.87 529.51 109
223.68 245.61 269.15 295.24 319.98 354.91 388.35 422.59 457.63 492.87 529.51 566.95 110
245.36 269.15 295.24 319.34 354.91 388.35 422.59 457.63 492.87 529.51 566.95 603.00 111
269.15 295.24 318.69 354.91 388.35 422.16 457.17 492.87 529.51 566.95 603.00 638.00 112
289.53 318.30 348.43 380.22 413.65 448.74 485.48 523.87 563.92 603.00 638.00 670.00 113
309.73 339.55 371.11 404.40 439.43 476.21 514.72 554.96 596.95 638.00 670.00 714.50 114
330.39 361.57 394.57 429.40 466.07 504.56 544.89 587.04 631.03 670.00 714.50 756.00 115
351.80 384.34 418.82 455.22 493.55 533.81 575.99 620.10 666.14 714.10 756.00 799.00 116
373.95 407.89 443.86 481.86 521.88 563.94 608.03 654.14 702.29 752.46 799.00 846.00 117
396.85 432.20 469.69 509.31 551.07 594.97 641.00 689.17 739.47 791.91 846.00 889.48 118
420.50 457.27 496.30 537.58 581.10 626.88 674.90 725.17 777.69 832.46 889.48 933.63 119
444.89 483.12 523.71 566.67 611.99 659.68 709.74 762.16 816.95 874.11 933.63 1000.00 120
470.03 509.72 551.90 596.57 643.73 693.38 745.51 800.14 857.25 916.85 1000.00 1000.00
495.92 537.10 580.89 627.30 676.32 727.96 782.22 839.09 898.58 1000.00 1000.00 1000.00
522.56 565.24 610.66 658.84 709.76 763.43 819.86 879.03 1000.00 1000.00 1000.00 1000.00
549.94 594.14 641.23 691.20 744.06 799.80 858.43 1000.00 1000.00 1000.00 1000.00 1000.00
577.32 623.04 671.8 723.56 778.36 836.17 897
2001 Valuation Basic Table -- Female -- Smoker -- 1000qx (Age Nearest Birthday)
Issue Duration
Age
1 2 3 4 5 6 7 8 9 10 11 12 13 14
0
1
2
3 0.31
4 0.31 0.34
5 0.30 0.33 0.37
6 0.30 0.33 0.37 0.40
7 0.30 0.32 0.36 0.40 0.43
8 0.29 0.32 0.36 0.39 0.43 0.46
9 0.29 0.31 0.35 0.39 0.41 0.46 0.49
10 0.27 0.31 0.34 0.38 0.40 0.44 0.49 0.52
11 0.26 0.30 0.34 0.36 0.40 0.43 0.47 0.52 0.55
12 0.26 0.29 0.33 0.35 0.39 0.42 0.46 0.50 0.55 0.59
13 0.26 0.29 0.31 0.34 0.38 0.40 0.45 0.49 0.53 0.58 0.63
14 0.26 0.29 0.30 0.33 0.36 0.39 0.43 0.46 0.52 0.57 0.62 0.67
15 0.26 0.29 0.30 0.33 0.35 0.38 0.40 0.45 0.49 0.55 0.60 0.66 0.71
16 0.26 0.29 0.30 0.32 0.34 0.37 0.39 0.43 0.48 0.52 0.57 0.64 0.70 0.77
17 0.29 0.30 0.32 0.33 0.35 0.38 0.42 0.46 0.51 0.56 0.62 0.69 0.76 0.83
18 0.29 0.31 0.32 0.34 0.37 0.39 0.44 0.50 0.55 0.60 0.67 0.75 0.82 0.91
19 0.29 0.31 0.33 0.36 0.38 0.42 0.47 0.52 0.59 0.64 0.73 0.81 0.90 0.98
20 0.28 0.30 0.33 0.36 0.40 0.46 0.51 0.56 0.63 0.70 0.79 0.89 0.98 1.06
21 0.26 0.29 0.33 0.37 0.42 0.48 0.55 0.60 0.69 0.76 0.85 0.95 1.04 1.15
22 0.25 0.28 0.34 0.39 0.45 0.51 0.58 0.66 0.75 0.84 0.93 1.03 1.12 1.23
23 0.23 0.28 0.33 0.40 0.47 0.54 0.62 0.71 0.80 0.90 0.99 1.11 1.20 1.31
24 0.22 0.29 0.35 0.42 0.49 0.58 0.66 0.75 0.86 0.96 1.07 1.16 1.28 1.37
25 0.21 0.29 0.36 0.44 0.53 0.61 0.72 0.81 0.92 1.02 1.13 1.22 1.33 1.45
26 0.21 0.29 0.38 0.46 0.55 0.65 0.76 0.85 0.96 1.08 1.19 1.28 1.41 1.53
27 0.23 0.31 0.40 0.48 0.59 0.69 0.78 0.89 1.01 1.12 1.23 1.35 1.48 1.63
28 0.25 0.33 0.42 0.52 0.61 0.71 0.82 0.93 1.05 1.16 1.29 1.43 1.58 1.73
29 0.27 0.37 0.45 0.54 0.65 0.75 0.85 0.98 1.09 1.22 1.35 1.51 1.68 1.87
30 0.30 0.39 0.47 0.58 0.67 0.78 0.89 1.00 1.13 1.28 1.43 1.61 1.81 2.04
31 0.34 0.42 0.51 0.60 0.71 0.82 0.93 1.06 1.19 1.36 1.53 1.74 1.99 2.26
32 0.36 0.44 0.53 0.64 0.73 0.86 0.99 1.12 1.29 1.48 1.69 1.93 2.20 2.51
33 0.38 0.46 0.55 0.66 0.79 0.92 1.06 1.22 1.40 1.63 1.88 2.15 2.47 2.82
34 0.38 0.47 0.58 0.70 0.83 0.98 1.14 1.35 1.56 1.81 2.09 2.42 2.79 3.18
35 0.38 0.49 0.60 0.74 0.89 1.07 1.27 1.50 1.75 2.04 2.36 2.73 3.14 3.59
36 0.39 0.51 0.64 0.80 0.97 1.17 1.41 1.67 1.95 2.28 2.64 3.04 3.51 3.99
37 0.41 0.54 0.68 0.86 1.06 1.30 1.56 1.86 2.18 2.56 2.96 3.41 3.89 4.45
38 0.44 0.58 0.74 0.94 1.18 1.44 1.74 2.07 2.45 2.84 3.29 3.78 4.33 4.92
39 0.48 0.64 0.82 1.06 1.32 1.61 1.95 2.32 2.71 3.18 3.67 4.21 4.79 5.45
40 0.54 0.72 0.94 1.20 1.48 1.81 2.18 2.59 3.04 3.53 4.06 4.65 5.30 6.01
41 0.62 0.82 1.08 1.36 1.67 2.04 2.43 2.88 3.38 3.93 4.51 5.16 5.86 6.61
42 0.70 0.96 1.24 1.56 1.91 2.30 2.75 3.23 3.77 4.36 4.99 5.70 6.45 7.27
43 0.82 1.10 1.42 1.78 2.19 2.62 3.10 3.64 4.21 4.84 5.54 6.28 7.10 7.98
44 0.95 1.27 1.64 2.06 2.49 2.97 3.49 4.07 4.70 5.38 6.12 6.92 7.80 8.75
45 1.09 1.47 1.89 2.34 2.83 3.37 3.93 4.56 5.24 5.97 6.75 7.62 8.56 9.57
46 1.23 1.67 2.14 2.63 3.18 3.76 4.39 5.05 5.79 6.57 7.42 8.34 9.33 10.40
47 1.40 1.88 2.39 2.94 3.55 4.18 4.85 5.57 6.36 7.21 8.10 9.09 10.14 11.28
48 1.58 2.11 2.67 3.28 3.90 4.59 5.31 6.10 6.94 7.84 8.82 9.85 10.99 12.20
49 1.66 2.23 2.94 3.59 4.27 5.00 5.77 6.60 7.51 8.48 9.52 10.65 11.86 13.17
Att
15 16 17 18 19 20 21 22 23 24 25 Ultimate Age
0.33 0.37 0.41 0.45 0.48 0.51 0.54 0.56 0.60 0.64 25
0.32 0.36 0.40 0.44 0.48 0.51 0.54 0.56 0.59 0.62 0.68 26
0.31 0.36 0.40 0.44 0.46 0.51 0.54 0.56 0.59 0.62 0.67 0.73 27
0.34 0.38 0.42 0.46 0.49 0.53 0.56 0.59 0.62 0.67 0.72 0.77 28
0.38 0.41 0.45 0.49 0.53 0.56 0.59 0.62 0.67 0.72 0.77 0.83 29
0.41 0.45 0.48 0.53 0.56 0.59 0.62 0.67 0.72 0.77 0.83 0.86 30
0.44 0.48 0.51 0.56 0.59 0.62 0.66 0.72 0.76 0.82 0.84 0.94 31
0.47 0.51 0.54 0.59 0.62 0.66 0.72 0.76 0.82 0.84 0.92 1.00 32
0.50 0.54 0.58 0.62 0.66 0.72 0.76 0.82 0.84 0.92 0.99 1.08 33
0.53 0.58 0.62 0.66 0.70 0.76 0.82 0.84 0.92 0.99 1.07 1.17 34
0.56 0.61 0.65 0.70 0.76 0.82 0.84 0.92 0.99 1.07 1.17 1.30 35
0.61 0.65 0.69 0.74 0.82 0.84 0.92 0.98 1.06 1.15 1.28 1.40 36
0.63 0.69 0.74 0.80 0.84 0.92 0.98 1.06 1.15 1.28 1.38 1.53 37
0.67 0.74 0.80 0.84 0.92 0.98 1.06 1.15 1.28 1.38 1.50 1.60 38
0.73 0.80 0.84 0.92 0.98 1.06 1.15 1.28 1.38 1.48 1.58 1.70 39
0.78 0.84 0.92 0.98 1.06 1.15 1.28 1.37 1.47 1.57 1.69 1.80 40
0.84 0.92 0.98 1.06 1.15 1.28 1.37 1.47 1.57 1.69 1.79 1.92 41
0.92 0.98 1.06 1.15 1.28 1.37 1.47 1.57 1.69 1.79 1.91 2.07 42
0.98 1.06 1.15 1.28 1.37 1.47 1.57 1.69 1.79 1.91 2.07 2.24 43
1.06 1.15 1.28 1.37 1.47 1.57 1.69 1.79 1.91 2.07 2.24 2.45 44
1.15 1.28 1.37 1.47 1.57 1.69 1.79 1.91 2.07 2.24 2.45 2.69 45
1.25 1.36 1.46 1.57 1.68 1.79 1.91 2.07 2.24 2.45 2.69 2.96 46
1.33 1.44 1.55 1.67 1.78 1.91 2.07 2.24 2.45 2.69 2.96 3.30 47
1.41 1.52 1.63 1.77 1.91 2.07 2.24 2.45 2.69 2.96 3.30 3.74 48
1.48 1.62 1.73 1.88 2.06 2.24 2.45 2.69 2.96 3.30 3.74 4.23 49
1.56 1.71 1.85 2.02 2.23 2.45 2.69 2.96 3.30 3.74 4.23 4.77 50
1.66 1.82 2.01 2.20 2.45 2.69 2.96 3.30 3.74 4.23 4.77 5.36 51
1.78 1.97 2.18 2.42 2.69 2.96 3.30 3.74 4.23 4.77 5.36 6.00 52
1.92 2.15 2.38 2.67 2.96 3.30 3.74 4.23 4.77 5.36 6.00 6.69 53
2.10 2.35 2.66 2.96 3.30 3.74 4.23 4.77 5.36 6.00 6.69 7.43 54
2.31 2.60 2.96 3.30 3.74 4.23 4.77 5.36 6.00 6.69 7.43 8.22 55
2.57 2.92 3.30 3.74 4.23 4.77 5.36 6.00 6.69 7.43 8.22 9.06 56
2.88 3.27 3.74 4.23 4.77 5.36 6.00 6.69 7.43 8.22 9.06 9.95 57
3.23 3.69 4.19 4.77 5.36 6.00 6.69 7.43 8.22 9.06 9.95 10.81 58
3.63 4.15 4.72 5.36 6.00 6.69 7.43 8.22 9.06 9.95 10.81 11.77 59
4.09 4.68 5.31 6.00 6.69 7.43 8.22 9.06 9.95 10.81 11.77 12.76 60
4.56 5.18 5.87 6.69 7.43 8.22 9.06 9.95 10.81 11.77 12.76 13.78 61
5.05 5.72 6.46 7.43 8.15 9.06 9.95 10.81 11.77 12.76 13.78 14.94 62
5.57 6.31 7.09 7.96 8.89 9.89 10.81 11.77 12.76 13.78 14.94 16.09 63
6.14 6.93 7.77 8.68 9.67 10.73 11.72 12.76 13.78 14.94 16.09 17.30 64
6.76 7.59 8.50 9.47 10.50 11.62 12.66 13.78 14.91 16.09 17.30 18.62 65
7.44 8.33 9.29 10.31 11.40 12.57 13.69 14.87 16.09 17.30 18.62 20.03 66
8.16 9.11 10.12 11.20 12.36 13.56 14.79 16.05 17.30 18.61 20.03 21.61 67
8.94 9.95 11.03 12.18 13.38 14.65 15.94 17.24 18.57 20.00 21.58 23.35 68
9.77 10.85 11.99 13.20 14.48 15.80 17.14 18.48 19.93 21.53 23.27 25.24 69
10.64 11.79 13.02 14.30 15.63 17.01 18.36 19.82 21.44 23.19 25.13 27.35 70
11.56 12.77 14.06 15.44 16.89 18.23 19.70 21.31 23.07 25.02 27.21 29.77 71
12.51 13.80 15.18 16.64 18.20 19.55 21.17 22.94 24.88 27.07 29.58 32.44 72
13.51 14.90 16.35 17.92 19.43 20.99 22.77 24.71 26.91 29.43 32.19 35.32 73
14.58 16.06 17.63 19.32 20.90 22.55 24.44 26.69 29.20 31.98 35.01 38.47 74
2001 Valuation Basic Table -- Female -- Smoker -- 1000qx (Age Nearest Birthday)
Issue Duration
Age
1 2 3 4 5 6 7 8 9 10 11 12 13 14
50 1.75 2.50 3.21 3.88 4.60 5.37 6.20 7.10 8.06 9.12 10.23 11.46 12.76 14.17
51 1.87 2.84 3.53 4.20 4.96 5.76 6.65 7.60 8.64 9.76 10.97 12.29 13.71 15.24
52 1.98 3.20 3.86 4.54 5.30 6.14 7.06 8.08 9.21 10.43 11.73 13.15 14.70 16.37
53 2.13 3.47 4.20 4.87 5.65 6.53 7.50 8.58 9.78 11.11 12.53 14.09 15.78 17.60
54 2.27 3.76 4.56 5.23 6.02 6.93 7.98 9.13 10.41 11.83 13.40 15.12 16.97 19.00
55 2.40 4.08 4.96 5.63 6.46 7.40 8.50 9.72 11.11 12.67 14.38 16.27 18.32 20.54
56 2.63 4.30 5.29 5.98 6.82 7.81 8.97 10.28 11.79 13.47 15.34 17.41 19.67 22.16
57 2.72 4.53 5.64 6.35 7.25 8.30 9.54 10.96 12.58 14.40 16.43 18.71 21.22 23.96
58 2.75 4.78 5.99 6.76 7.73 8.87 10.20 11.76 13.51 15.51 17.71 20.19 22.95 25.99
59 2.91 4.97 6.36 7.20 8.22 9.49 10.94 12.64 14.56 16.76 19.20 21.92 24.95 28.27
60 3.00 5.15 6.70 7.60 8.74 10.13 11.75 13.62 15.75 18.18 20.87 23.86 27.20 30.85
61 3.07 5.34 7.01 7.99 9.25 10.78 12.57 14.65 17.05 19.75 22.74 26.07 29.73 33.79
62 3.24 5.51 7.31 8.35 9.71 11.41 13.41 15.74 18.42 21.44 24.79 28.49 32.60 37.09
63 3.55 5.69 7.56 8.67 10.14 12.01 14.24 16.86 19.87 23.29 27.05 31.21 35.79 40.78
64 3.89 7.13 7.83 8.98 10.57 12.62 15.11 18.05 21.44 25.27 29.50 34.18 39.29 44.86
65 4.32 7.42 8.09 9.29 11.02 13.27 16.03 19.32 23.12 27.47 32.20 37.44 43.14 49.34
66 4.44 7.77 8.40 9.64 11.49 13.93 16.96 20.57 24.76 29.50 34.74 40.49 46.75 53.54
67 4.48 8.14 8.74 10.06 12.06 14.73 18.05 22.00 26.57 31.75 37.50 43.79 50.65 58.03
68 4.97 8.53 9.18 10.61 12.78 15.70 19.33 23.65 28.64 34.26 40.52 47.39 54.85 62.81
69 5.49 8.96 9.70 11.28 13.69 16.88 20.84 25.53 30.93 37.02 43.83 51.23 59.31 67.67
70 6.04 9.43 10.31 12.09 14.77 18.29 22.62 27.72 33.57 40.10 47.41 55.43 64.02 71.97
71 6.73 9.96 11.04 13.08 16.09 19.96 24.69 30.20 36.46 43.43 51.28 59.85 69.06 76.47
72 9.91 10.53 11.89 14.26 17.62 21.89 27.03 33.00 39.68 47.06 55.46 64.53 74.25 81.13
73 10.48 11.21 12.89 15.65 19.41 24.11 29.68 36.04 43.16 50.93 59.85 69.45 79.63 84.52
74 11.10 12.04 14.12 17.29 21.48 26.63 32.62 39.42 46.93 55.04 64.43 74.54 84.25 86.41
75 11.76 13.10 15.61 19.22 23.85 29.42 35.83 43.03 50.87 59.32 69.19 79.74 85.59 95.85
76 12.80 14.61 17.64 21.81 27.00 33.19 40.24 48.05 56.56 65.71 76.26 84.77 93.96 98.92
77 14.25 16.56 20.12 24.87 30.69 37.47 45.15 53.62 62.83 72.62 83.99 92.00 98.56 110.66
78 16.20 19.05 23.15 28.45 34.89 42.32 50.61 59.77 69.62 80.18 90.15 98.27 109.58 119.44
79 16.77 22.14 26.82 32.68 39.70 47.74 56.68 66.52 77.08 88.29 97.93 108.49 118.68 129.11
80 17.65 25.98 31.15 37.57 45.14 53.85 63.39 73.84 85.07 96.99 107.43 117.93 128.64 139.54
81 19.71 30.61 36.27 43.20 51.33 60.57 70.74 81.85 93.76 106.39 117.14 128.04 139.15 151.49
82 22.17 36.08 42.17 49.59 58.25 68.01 78.76 90.49 102.98 116.31 127.41 138.76 151.06 162.74
83 24.58 41.11 48.94 56.78 65.87 76.21 87.43 99.70 112.91 126.92 138.33 150.64 162.58 176.12
84 28.58 48.28 56.58 64.75 74.31 85.07 96.79 109.62 123.33 137.99 150.06 162.27 175.78 190.38
85 34.59 56.37 63.65 73.57 83.45 94.62 106.81 120.04 134.45 149.60 162.06 175.30 189.63 205.35
86 45.77 62.50 72.82 83.15 93.33 106.43 117.47 131.18 146.00 161.90 174.86 188.94 205.35 225.03
87 50.17 72.07 82.82 93.21 106.14 117.14 128.63 142.77 158.09 174.56 188.37 203.17 221.49 245.56
88 63.59 82.56 93.06 105.80 116.83 128.40 140.38 154.89 170.68 187.70 202.23 217.94 238.30 263.53
89 79.03 92.98 105.46 116.54 128.21 140.21 152.79 167.66 183.75 201.29 216.58 233.49 255.83 282.50
90 92.83 105.03 116.25 127.89 140.03 152.60 165.59 180.78 197.26 215.12 231.40 249.35 280.10 301.65
91 104.69 115.97 127.68 139.79 152.34 165.32 180.31 194.17 211.00 229.54 246.67 272.37 296.00 321.18
92 115.68 127.46 139.67 152.21 165.03 179.88 193.81 208.12 225.10 244.10 265.22 288.01 312.16 342.04
93 127.25 139.44 151.94 164.74 179.40 193.29 207.46 222.24 239.52 258.98 280.43 303.63 332.56 363.64
94 139.20 151.81 164.45 178.92 192.76 206.97 221.58 236.68 254.25 273.87 295.88 323.66 353.69 385.97
95 151.55 164.16 178.44 192.41 206.59 220.96 235.76 251.15 269.23 289.27 315.66 344.42 375.54 409.03
96 163.87 177.64 191.89 206.02 220.34 235.09 250.36 266.09 284.17 308.92 336.16 365.90 398.12 432.83
97 176.52 190.84 205.45 219.72 234.19 249.64 265.15 280.96 303.82 329.30 357.39 388.10 421.42 457.36
98 189.44 204.11 219.09 233.29 248.91 264.63 280.09 300.78 324.22 350.40 379.34 411.02 445.45 482.63
99 202.40 217.44 232.62 248.18 263.85 280.09 300.24 321.36 345.36 372.24 402.01 434.66 470.20 508.63
100 215.36 230.77 246.15 263.07 278.79 295.55 320.39 341.94 366.5 394.08 424.68 458.3 494.95 534.63
[2001 Valuation Basic Table -- Female -- Smoker -- 1000qx (Age Nearest Birthday) (ages 50 - 100) chart continued on this page]
Att
15 16 17 18 19 20 21 22 23 24 25 Ultimate Age
15.70 17.29 19.00 20.82 22.51 24.18 26.42 28.91 31.64 34.64 37.92 41.62 75
16.89 18.63 20.48 22.46 23.94 26.15 28.61 31.32 34.26 37.51 41.05 45.06 76
18.17 20.07 22.12 23.69 25.88 28.34 31.02 33.91 37.10 40.60 44.41 48.75 77
19.58 21.67 23.44 25.62 28.04 30.71 33.62 36.71 40.15 43.91 48.03 52.71 78
21.17 23.19 25.37 27.76 30.43 33.33 36.44 39.73 43.45 47.49 51.95 57.00 79
22.96 25.10 27.49 30.13 33.04 36.19 39.50 42.98 46.98 51.36 56.14 61.60 80
24.85 27.22 29.87 32.77 35.92 39.28 42.82 46.59 50.90 55.60 60.73 68.21 81
26.95 29.58 32.48 35.67 39.08 42.68 46.56 50.74 55.13 60.18 65.64 75.39 82
29.31 32.19 35.40 38.85 42.54 46.50 50.54 54.99 59.70 65.08 70.94 82.33 83
31.93 35.13 38.62 42.41 46.44 50.37 54.81 59.55 64.64 70.37 76.65 89.79 84
34.88 38.43 42.27 46.38 50.18 54.63 59.35 64.43 69.76 75.77 82.28 97.26 85
38.21 42.12 46.32 50.01 54.45 59.15 64.21 69.52 75.61 81.48 89.55 103.32 86
41.98 46.27 49.85 54.27 58.95 64.00 69.28 75.45 81.25 88.99 95.39 113.27 87
46.19 49.68 54.09 58.80 63.82 69.05 75.30 80.97 88.49 94.77 101.91 123.15 88
49.51 53.91 58.60 63.61 68.81 75.14 80.68 87.93 94.23 101.24 108.73 133.05 89
53.73 58.40 63.39 68.57 74.99 80.46 87.37 93.61 100.56 108.57 116.37 140.84 90
58.20 63.22 68.34 74.83 80.17 86.81 93.07 99.82 108.07 115.83 124.06 141.74 91
63.00 68.10 74.68 79.89 86.31 92.45 99.14 107.33 115.20 123.37 132.07 148.21 92
67.91 73.90 79.60 85.75 91.90 98.47 106.60 114.39 122.58 131.32 140.94 159.17 93
72.96 78.69 84.81 91.29 97.79 105.69 113.49 121.70 130.45 140.35 150.04 173.34 94
77.61 83.69 90.20 97.12 104.54 112.41 121.01 130.13 139.76 149.52 159.59 195.42 95
82.44 88.90 95.85 103.15 111.06 119.43 128.94 139.17 149.00 159.16 172.24 215.44 96
84.80 94.35 101.67 109.53 117.85 126.67 137.16 148.48 158.88 171.15 185.85 235.59 97
87.24 99.95 107.74 115.98 124.84 134.20 145.89 158.45 170.06 183.80 202.91 234.92 98
97.90 105.76 113.91 122.68 132.07 142.00 154.90 168.97 181.75 200.85 218.88 243.25 99
99.28 112.83 121.92 131.48 141.61 154.33 164.30 179.88 196.92 215.60 236.03 258.65 100
111.74 121.06 130.88 141.22 153.91 163.98 179.02 195.80 214.16 234.24 256.19 279.94 101
120.30 130.29 140.83 153.48 163.83 178.51 195.05 213.14 233.11 254.71 278.05 303.22 102
129.70 140.44 152.91 163.67 178.17 194.30 212.52 232.22 253.48 276.70 301.75 328.08 103
140.05 152.48 163.36 177.83 193.74 211.50 231.54 252.74 275.89 300.56 327.11 354.91 104
152.06 163.21 177.32 192.99 210.47 229.97 252.25 275.08 299.97 326.78 354.91 388.35 105
162.89 176.97 192.25 209.45 228.40 250.04 274.81 299.68 326.46 354.91 388.35 422.59 106
176.46 191.69 208.22 226.83 247.82 271.85 299.09 326.14 354.91 388.35 422.59 457.63 107
190.94 207.19 225.48 246.59 270.23 296.72 325.81 354.91 388.35 422.59 457.63 492.87 108
206.17 225.03 246.59 270.23 296.13 324.52 354.91 388.35 422.59 457.63 492.87 529.51 109
225.03 246.59 270.23 296.13 324.52 354.91 388.35 422.59 457.63 492.87 529.51 566.95 110
246.59 270.23 296.13 324.52 354.91 388.35 422.59 457.63 492.87 529.51 566.95 603.00 111
270.23 296.13 324.52 354.91 388.35 422.16 457.17 492.87 529.51 566.95 603.00 638.00 112
290.40 318.94 348.43 380.22 413.65 448.74 485.48 523.87 563.92 603.00 638.00 670.00 113
310.35 339.55 371.11 404.40 439.43 476.21 514.72 554.96 596.95 638.00 670.00 714.50 114
330.39 361.57 394.57 429.40 466.07 504.56 544.89 587.04 631.03 670.00 714.50 756.00 115
351.80 384.34 418.82 455.22 493.55 533.81 575.99 620.10 666.14 714.10 756.00 799.00 116
373.95 407.89 443.86 481.86 521.88 563.94 608.03 654.14 702.29 752.46 799.00 846.00 117
396.85 432.20 469.69 509.31 551.07 594.97 641.00 689.17 739.47 791.91 846.00 889.48 118
420.50 457.27 496.30 537.58 581.10 626.88 674.90 725.17 777.69 832.46 889.48 933.63 119
444.89 483.12 523.71 566.67 611.99 659.68 709.74 762.16 816.95 874.11 933.63 1000.00 120
470.03 509.72 551.90 596.57 643.73 693.38 745.51 800.14 857.25 916.85 1000.00 1000.00
495.92 537.10 580.89 627.30 676.32 727.96 782.22 839.09 898.58 1000.00 1000.00 1000.00
522.56 565.24 610.66 658.84 709.76 763.43 819.86 879.03 1000.00 1000.00 1000.00 1000.00
549.94 594.14 641.23 691.20 744.06 799.80 858.43 1000.00 1000.00 1000.00 1000.00 1000.00
577.32 623.04 671.8 723.56 778.36 836.17 897
[Munich Re Logo]
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Automatic YRT
Reinsurance Agreement
between
Ameritas Life Insurance Corp.
Lincoln, Nebraska
(hereinafter referred to as the "Ceding Company")
and
Munich American Reassurance Company
Atlanta, Georgia
(hereinafter referred to as "Munich Re")
Effective June 1, 2008
------------
Treaty # 3684
----
--------------------------------------------------------------------------------
TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
TABLE OF CONTENTS PAGE
----
ARTICLE 1 - PREAMBLE...........................................................1
1.1 Parties to the Agreement...............................................1
1.2 Compliance.............................................................1
1.3 OFAC Compliance........................................................1
1.4 Good Faith.............................................................2
1.5 Construction...........................................................2
1.6 Entire Agreement.......................................................2
1.7 Severability...........................................................2
1.8 Non-waiver.............................................................2
1.9 Survival...............................................................2
ARTICLE 2 - DEFINITIONS........................................................3
ARTICLE 3 - AUTOMATIC REINSURANCE..............................................5
3.1 General Conditions.....................................................5
3.2 Policy Forms...........................................................5
3.3 New Business...........................................................5
3.4 Retained Amounts.......................................................6
3.5 Underwriting Guidelines................................................6
3.6 Material Change of Risk during Underwriting............................6
ARTICLE 4 - FACULTATIVE REINSURANCE............................................7
ARTICLE 5 - COMMENCEMENT OF LIABILITY..........................................8
5.1 Automatic Reinsurance..................................................8
5.2 Facultative Reinsurance................................................8
ARTICLE 6 - REINSURED RISK AMOUNT..............................................9
6.1 Life...................................................................9
6.2 Waiver of Premium......................................................9
6.3 Accidental Death Benefit...............................................9
ARTICLE 7 - PREMIUM ACCOUNTING AND REPORTING..................................10
7.1 Premiums..............................................................10
7.2 Payment of Premiums and Reporting.....................................10
7.3 Delayed Payment.......................................................10
7.4 Failure to Pay Premiums...............................................10
7.5 Premium Rate Guarantee................................................11
ARTICLE 8 - REDUCTIONS, TERMINATIONS AND CHANGES..............................12
8.1 Reductions and Terminations...........................................12
8.2 Increases.............................................................12
8.3 Risk Classification Changes...........................................13
8.4 Reinstatement.........................................................13
8.5 Nonforfeiture Benefits................................................13
ARTICLE 9 - CONVERSIONS, EXCHANGES, AND REPLACEMENTS..........................14
9.1 Conversions...........................................................14
9.2 Exchanges and Replacements............................................14
ARTICLE 10 - CLAIMS...........................................................15
10.1 Coverage.............................................................15
10.2 Notice...............................................................15
10.3 Proofs and Other Documentation.......................................15
10.4 Claims Questionnaire.................................................15
10.5 Claims Guidelines, Standards and Procedures..........................16
10.6 Amount and Payment of Reinsurance Benefits...........................16
10.7 Litigated Claims.....................................................17
10.8 Return of Premium Due to Misrepresentation or Suicide................18
10.9 Misstatement of Age or Gender........................................18
ARTICLE 11 - CREDIT FOR RESERVES..............................................19
11.1 Reserve Methodology and Reporting....................................19
ARTICLE 12 - RETENTION LIMIT CHANGES..........................................20
ARTICLE 13 - RECAPTURE........................................................21
13.1 Recapture Upon Increase in Ceding Company Retention..................21
ARTICLE 14 - GENERAL PROVISIONS...............................................22
14.1 Currency.............................................................22
14.2 Premium Tax..........................................................22
14.3 Inspection of Records................................................22
14.4 Interest Rate........................................................22
14.5 Other................................................................22
ARTICLE 15 - DAC TAX..........................................................23
ARTICLE 16 - OFFSET...........................................................24
ARTICLE 17 - INSOLVENCY.......................................................25
17.1 Insolvency of a Party to this Agreement..............................25
17.2 Insolvency of the Ceding Company.....................................25
17.3 Insolvency ofMunich Re...............................................26
ARTICLE 18 - ERRORS AND OMISSIONS.............................................27
ARTICLE 19 - DISPUTE RESOLUTION...............................................29
ARTICLE 20 - ARBITRATION......................................................30
20.1 Arbitration..........................................................30
20.2 Underwriting Arbitration.............................................31
ARTICLE 21 - CONFIDENTIALITY..................................................32
21.1 Privacy..............................................................32
21.2 Proprietary Information..............................................32
21.3 Unauthorized Disclosure..............................................33
ARTICLE 22 -TERMINAL ACCOUNTING AND SETTLEMENT................................35
22.1 Termination due to liquidation of the ceding company.................35
22.2 Termination due to ceding company's failure to pay premium...........36
22.3 recapture fee........................................................37
ARTICLE 23 - DURATION OF AGREEMENT............................................39
ARTICLE 24 - NOTICE...........................................................40
ARTICLE 25 - EXECUTION........................................................41
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
EXHIBITS
A Retention Limits of the Ceding Company
B Plans Covered and Binding Limits
C Forms, Manuals, and Issue Rules
D Reinsurance Premiums
E Self-Administered Reporting
F Self-Administered Claim Reporting
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
ARTICLE 1 - PREAMBLE
1.1 PARTIES TO THE AGREEMENT
This is a YRT agreement for indemnity reinsurance (the "Agreement") solely
between Ameritas Life Insurance Corp. of Lincoln, Nebraska (the "Ceding
Company"), and Munich American Reassurance Company of Atlanta, Georgia
("Munich Re"), (singularly referred to as a "party" and collectively
referred to as the "parties").
The acceptance of risks under this Agreement will create no right or legal
relationship between Munich Re and the insured, owner or beneficiary of any
insurance policy or other contract of the Ceding Company. Munich Re shall
not be liable for any claims, suits or actions as a result of any
misconduct, negligence, fraud or criminal activity of any kind committed by
the Ceding Company or its "Representatives" (as defined in Article 2).
The Agreement will be binding upon the Ceding Company and Munich Re and
their respective successors and assigns. Neither the Ceding Company nor
Munich Re may assign its rights, duties, and obligations under this
Agreement to any other party without the written consent of the other
party.
This Agreement is entered into in reliance upon the utmost good faith of
the parties. Each party represents and warrants that, as of the date of
this Agreement, the information supplied by it to the other party is
complete and accurate. Each party has relied on such information in
entering into this Agreement.
1.2 COMPLIANCE
This Agreement applies only to the issuance of "Policies" (as defined in
Section 3.1) by the Ceding Company in a U.S. jurisdiction in which it is
properly licensed and where such issuance is in accordance with the
applicable regulatory requirements. The Ceding Company represents that, to
the best of its knowledge, it is in compliance with all state and federal
laws applicable to the Policies reinsured under this Agreement. In the
event that the Ceding Company is found to be in non-compliance with any law
material to this Agreement, the Agreement will remain in effect and the
Ceding Company will indemnify Munich Re for any direct loss Munich Re
suffers as a result of the non-compliance, and will seek to remedy the
non-compliance as soon as reasonably possible.
1.3 OFAC COMPLIANCE
Notwithstanding 1.2 above, the parties represent that they are, and shall
use commercially reasonable efforts to continue to be, in compliance with
all laws, regulations, judicial and administrative orders applicable to the
Policies as they pertain to the sanction laws administered by the U.S.
Treasury Department's Office of Foreign Assets Control ("OFAC"), as such
laws may be amended from time to time (collectively the "Laws"). Neither
party shall be required to take action under this Agreement that would
violate said Laws including, but not limited to, making any payments in
violation of the Laws.
Should either party discover or otherwise become aware that a prohibited
transaction (as defined by the OFAC) has been entered into or a payment has
been made in violation of the Laws, the party who first becomes aware of
the violation of the Laws shall notify the
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
other party, and the parties shall cooperate in order to take all necessary
corrective actions.
The parties agree that such prohibited transaction shall be null, void and
of no effect from its inception to the same extent as if the prohibited
transaction had never been entered into. In such event, each party shall be
restored to the position it would have occupied if the violation had not
occurred, including the return of any payments received, unless prohibited
by law.
1.4 GOOD FAITH
Each of the parties hereby assumes a duty of acting in good faith and
dealing fairly in the performance and enforcement of this Agreement.
1.5 CONSTRUCTION
This Agreement will be construed in accordance with the laws of the state
of Nebraska, without regard to its conflicts of law principles.
1.6 ENTIRE AGREEMENT
This Agreement constitutes the entire agreement between the parties with
respect to the Policies reinsured hereunder. There are no understandings
between the parties other than as expressed in this Agreement. Any change
or modification to this Agreement will be null and void unless made by
written amendment to this Agreement and signed by both parties.
1.7 SEVERABILITY
If any provision of this Agreement is determined to be invalid or
unenforceable, such determination will not impair or affect the validity or
the enforceability of the remaining provisions of this Agreement.
1.8 NON-WAIVER
No act, delay, omission, course of dealing or prior transaction by or
between the parties to this Agreement shall constitute a waiver of any
right or remedy under this Agreement. No waiver of any right or remedy
under this Agreement shall be construed to be a waiver of any other or
subsequent right or remedy under this Agreement.
1.9 SURVIVAL
All provisions of this Agreement shall survive its termination to the
extent necessary to carry out the purpose of this Agreement or to ascertain
and enforce the parties' rights or obligations hereunder existing at the
time of termination.
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
ARTICLE 2 - DEFINITIONS
AGREEMENT - shall have the meaning set forth in Section 1.1.
AGREEMENT TERMINATION DATE - shall have the meaning set forth in Article 23.
AUTOMATIC BINDING LIMITS - shall have the meaning set forth in Exhibit B and
applied as provided for in Section 3.1.
BUSINESS DECISIONS - shall have the meaning as set forth in Section 3.5.
CER GUIDELINES - shall have the meaning set forth in Article 9.
CLAIM EXCEPTION - shall have the meaning set forth in Section 10.5.
CLAIM PROOFS - shall have the meaning set forth in Section 10.3.
CLAIMS PROCEDURES - shall have the meaning set forth in Section 10.5.
CONFIDENTIAL INFORMATION - Proprietary and Customer Information hereinafter
together referred to as Confidential Information.
CONTESTABLE CLAIM - shall have the meaning set forth in Section 10.3.
CUSTOMER INFORMATION - is medical, financial, and other personal information
concerning or related to proposed, current, and former policy owners, insureds,
applicants, and beneficiaries of Policies issued by the Ceding Company.
DISCLOSER - shall have the meaning set forth in Section 21.3.
EFFECTIVE DATE - shall have the meaning set forth in Article 25.
ERROR - shall have the meaning set forth in Article 18.
LAWS - shall have the meaning set forth in Section 1.3.
LITIGATION EXPENSES - shall have the meaning set forth in Section 10.7.
MUNICH RE CLAIM QUESTIONNAIRE - shall have the meaning set forth in Section
10.4.
NEW BUSINESS - shall have the meaning as set forth in Section 3.3.
NON-CONTESTABLE CLAIM - shall have the meaning set forth in Section 10.3.
OFAC - shall have the meaning set forth in Section 1.3.
PARTY or PARTIES - shall have the meaning set forth in Section 1.1.
POLICY or POLICIES - shall have the meaning set forth in Section 3.1.
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
PUNITIVE DAMAGES - shall have the meaning set forth in Section 10.7.
REMITTANCE DATE - shall have the meaning set forth in Section 7.3.
REPRESENTATIVES - means a party's directors, officers, employees, agents,
affiliates, consultants, advisors, third party administrators or independent
contractors.
STATUTORY INTEREST - shall have the meaning set forth in Section 10.6.
STATUTORY PENALTIES - shall have the meaning set forth in Section 10.7.
UNDERWRITING GUIDELINES - shall have the meaning set forth in Section 3.5.
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
ARTICLE 3 - AUTOMATIC REINSURANCE
3.1 GENERAL CONDITIONS
The Ceding Company will automatically cede to Munich Re "New Business" (as
defined in Section 3.3) on the life insurance policies, supplementary
benefits, and riders listed in Exhibit B (individually, a "Policy" and
collectively, the "Policies") issued on and after the effective date of
this Agreement. The basis for the automatic reinsurance is shown in Exhibit
B.
Munich Re will automatically accept its share of the Policies up to the
limits shown in Exhibit B, only if each of the following requirements, each
of which is hereby deemed a condition precedent, has been fulfilled or
performed:
(a) the insured, at the time of the application, must be a permanent
resident of the United States, the United States Protectorates, or
Canada,
(b) the Ceding Company keeps its full retention, as specified in Exhibit
A, or otherwise holds its full retention on a life under previously
issued in-force policies and applies its "Underwriting Guidelines" (as
defined in Section 3.5) that it would have applied if the new Policy
had fallen completely within its regular retention,
(c) the Ceding Company applies its Underwriting Guidelines in accordance
with Section 3.5 of this Article. In the absence of Underwriting
Guidelines on any particular topic or condition or if the Underwriting
Guidelines dictate that individual consideration is required,
including but not limited to referrals to a medical doctor, the Ceding
Company will make underwriting decisions in good faith, utilizing the
care, skill and diligence with which a reasonably prudent underwriter
would use in the same or similar circumstances ("Prudent Underwriting
Judgment"), and
(d) the total of the new ultimate amount of reinsurance required
including contractual increases, and the amount already reinsured on
that life under this Agreement and all other agreements between Munich
Re and the Ceding Company, does not exceed the Automatic Binding
Limits set forth in Exhibit B,
(e) the total amount of life insurance in-force and applied for on the
life with all companies, including any coverage to be replaced, does
not exceed the Jumbo Limits set forth in Exhibit B, and
(f) the application is on a life that has not been submitted
facultatively to Munich Re or any other reinsurer within the last five
(5) years, unless the reason for any prior facultative submission was
solely for capacity that may now be accommodated within the terms of
this Agreement.
3.2 POLICY FORMS
The Ceding Company has provided Munich Re with all policy forms applicable
to the Policies reinsured under this Agreement. The Ceding Company and
Munich Re shall follow the procedures outlined in Article 8 regarding any
proposed material change to the policy forms applicable to the Policies
reinsured under this Agreement.
3.3 NEW BUSINESS
New Business is a Policy on which (a) the Ceding Company has obtained
complete and current underwriting evidence in accordance with its standard
underwriting practices and guidelines on the full amount issued, including
the highest face amount illustrated at
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
issue (b) the full normal commissions are paid by the Ceding Company, and
(c) the suicide and contestable provisions apply from the Policy's
effective date.
3.4 RETAINED AMOUNTS
The Ceding Company may not reinsure on any basis any portion of the amount
it has retained on the Policies reinsured under this Agreement, without the
written consent of Munich Re.
3.5 UNDERWRITING GUIDELINES
The parties hereby declare and agree that all Policies covered under this
Agreement shall be issued in accordance with the Ceding Company's normal
underwriting guidelines, standards and procedures ("Underwriting
Guidelines") which are in effect on the effective date of this Agreement.
The Ceding Company has provided the Underwriting Guidelines to Munich Re.
Intentional decisions made by the Ceding Company to deviate from the
Underwriting Guidelines in order to meet competition or to offer a better
rating to place a case are "Business Decisions." Business Decisions are not
eligible for automatic reinsurance unless such Business Decisions are made
at the time of policy issuance and the Ceding Company pays, beginning at
policy inception, reinsurance premiums that are based on the actual
underwriting assessment that complies with its Underwriting Guidelines.
The Ceding Company shall notify Munich Re within ninety (90) days of the
effective date of any proposed material changes to the Underwriting
Guidelines. If Munich Re agrees to the proposed changes in writing, such
changes will become part of the Underwriting Guidelines. In the event
Munich Re does not respond within thirty (30) days, Munich Re shall be
deemed to have accepted such proposed changes. If Munich Re rejects such
proposed changes in writing, such proposed changes shall not become part of
the Underwriting Guidelines and shall not be applied to the Policies
reinsured under this Agreement. The Ceding Company's Underwriting
Guidelines are incorporated herein by reference and shall form an integral
part of this Agreement.
If there is a dispute between the parties regarding the appropriate
application of the Ceding Company's Underwriting Guidelines or the exercise
of Prudent Underwriting Judgment on a particular Policy, the parties shall
resolve such dispute by utilizing the process set forth in Section 20.2
entitled Underwriting Arbitration.
3.6 MATERIAL CHANGE OF RISK DURING UNDERWRITING
Should any medical, financial or other change occur following the
completion of the application for insurance that materially affects the
life to be insured or the amount at risk and if a Policy is subsequently
issued by the Ceding Company which does not cover such material change in
risk, no reinsurance coverage shall be provided under this Agreement for
such Policy.
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
ARTICLE 4 - FACULTATIVE REINSURANCE
4.1 The Ceding Company may submit any application on a Policy identified in
Exhibit B to Munich Re for its consideration on a facultative basis.
Policies with amounts in excess of the Automatic Binding Limits must be
submitted facultatively.
The Ceding Company shall apply for reinsurance on a facultative basis by
sending to Munich Re a mutually acceptable application for facultative
reinsurance. In addition to the facultative application, the Ceding Company
shall provide all underwriting evidence that is available for risk
assessment including, but not limited to, copies of the application for
insurance, medical examiners' reports, attending physicians' statements,
inspection reports, and any other information bearing on the insurability
of the risk. The Ceding Company also shall notify Munich Re of any
outstanding underwriting requirements at the time of the facultative
submission. Any subsequent information received by the Ceding Company that
is pertinent to the risk assessment shall be immediately transmitted to
Munich Re.
After consideration of the facultative application and related information,
Munich Re shall promptly inform the Ceding Company of its underwriting
decision. If Munich Re makes an offer, the Ceding Company must accept
Munich Re's offer within one hundred and twenty (120) days after its
receipt of such offer. The Ceding Company shall accept Munich Re's offer by
(i) written notification, or (ii) reporting such risk on the periodic
reports it provides to Munich Re pursuant to Section 7.2 and Exhibit E.
If the Ceding Company fails to accept Munich Re's offer as provided above
within the one hundred and twenty (120) day period, then Munich Re's offer
shall expire and no reinsurance coverage shall be effective on the risk.
Article 18, Errors and Omissions, shall not apply to this article.
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
ARTICLE 5 - COMMENCEMENT OF LIABILITY
5.1 AUTOMATIC REINSURANCE
For automatic reinsurance, Munich Re's liability for amounts ceded
hereunder will commence at the same time as the Ceding Company's liability
but not before the Effective Date of this Agreement.
5.2 FACULTATIVE REINSURANCE
For facultative reinsurance, Munich Re's liability will commence at the
same time as the Ceding Company's liability, provided that Munich Re has
made a facultative offer and that offer was accepted, during the lifetime
of the insured, in accordance with the terms of Article 4.
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
ARTICLE 6 - REINSURED RISK AMOUNT
6.1 LIFE
The reinsured net amount at risk on the Policy is defined as the face
amount ceded less the proportionate cash value at the beginning of the
policy anniversary, multiplied by Munich Re's share as stated in Exhibit B
Any change in the net amount at risk due to changes in the Policy's account
value or cash value will be allocated proportionately between the Ceding
Company and Munich Re.
6.2 WAIVER OF PREMIUM
The reinsured proportion of disability waiver of premium benefit shall not
be greater than the proportion reinsured on the corresponding life
insurance benefit.
6.3 ACCIDENTAL DEATH BENEFIT
Accidental death benefits are not reinsured under this Agreement.
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
ARTICLE 7 - PREMIUM ACCOUNTING AND REPORTING
7.1 PREMIUMS
Reinsurance premium rates for Policies reinsured under this Agreement are
shown in Exhibit D. The rates will be applied to the reinsured net amount
at risk.
7.2 PAYMENT OF PREMIUMS AND REPORTING
Reinsurance premiums are payable annually and in advance. The Ceding
Company will calculate the amount of reinsurance premium due and, within
thirty (30) days after the end of the month, will send Munich Re a report
that contains the information in Exhibit E showing reinsurance premiums due
for that period. If an amount is due Munich Re, the Ceding Company will
remit that amount together with the report. If an amount is due the Ceding
Company, Munich Re will remit such amount within twenty (20) days of
receipt of the report.
If a Policy or Policies are not reported accurately within one (1) year of
the Policy issuance date, such Policy or Policies are not reinsured under
this Agreement. However, upon request of the Ceding Company, Munich Re
shall consider reinsuring such Policy or Policies on an automatic basis
under this Agreement subject to available capacity. Article 18 shall not
apply to this Section 7.2.
7.3 DELAYED PAYMENT
Premium balances that remain unpaid for more than thirty (30) days after
the Remittance Date will incur interest from the end of the reporting
period. The Remittance Date is defined as thirty (30) days after the end of
the reporting period. Interest will be calculated using the index specified
in Section 14.4.
7.4 FAILURE TO PAY PREMIUMS
The payment of reinsurance premiums is a condition precedent to the
liability of Munich Re for reinsurance covered by this Agreement. In the
event that reinsurance premiums are not paid within thirty (30) days of the
Remittance Date, Munich Re may terminate this Agreement for both in-force
and new business. If Munich Re elects to exercise its right of termination,
it shall provide the Ceding Company thirty (30) days written notice of such
termination.
If all reinsurance premiums in arrears, including any that become in
arrears during the thirty (30) day notice period, are not paid before the
expiration of the notice period, this Agreement shall terminate and Munich
Re shall be relieved of all liability for any Policies reinsured under this
Agreement. Upon termination, the Ceding Company and Munich Re shall settle
all amounts due and owing to the other party pursuant to the terminal
accounting and settlement provision set forth in Section 22.2 of this
Agreement.
The Agreement may be reinstated, subject to approval by Munich Re, within
thirty (30) days of the date of termination, and upon payment of all
reinsurance premiums in arrears including any interest accrued thereon.
Munich Re shall have no liability for any claims incurred between the date
of termination and the date of the reinstatement of this Agreement. The
right to terminate this Agreement shall not prejudice Munich Re's right to
collect premiums for the period during which reinsurance was in-force prior
to the expiration of the thirty (30) days notice.
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
The Ceding Company shall not force termination under the provisions of this
Article solely to avoid the provisions regarding recapture in Article 13,
or to transfer the Policies to another reinsurer.
7.5 PREMIUM RATE GUARANTEE
Munich Re does not guarantee premiums for more than one (1) year, hence
deficiency reserves are not required.
Munich Re reserves the right to increase its reinsurance premium rates at
any time after the one year. If Munich Re increases its rates, it shall
give the Ceding Company ninety (90) days prior written notice of the
change. Any increase applies only to reinsurance premiums due after the
expiration of the notice period. The maximum reinsurance premiums are equal
to the statutory valuation premiums for yearly renewable term insurance at
the maximum interest rates and minimum mortality rates applicable at the
policy issue date.
If the Ceding Company raises its retail premiums on any block of in-force
business reinsured under this Agreement following the initial retail
premium guarantee period, Munich Re's reinsurance premium rates on that
block of business shall automatically increase by a corresponding amount.
The Ceding Company shall provide Munich Re with thirty (30) days notice of
any such increase. The increase in reinsurance premiums shall become
effective on the same date that the Ceding Company's increase in retail
premiums becomes effective.
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
ARTICLE 8 - REDUCTIONS, TERMINATIONS AND CHANGES
The Ceding Company shall notify Munich Re within ninety (90) days of the
effective date of any proposed material change to the status, plan, or benefits
or other material feature of a Policy reinsured under this Agreement. If Munich
Re agrees to the proposed change in writing, Munich Re shall provide adjusted
reinsurance coverage in accordance with the provisions of this Agreement. In
the event that Munich Re does not respond within thirty (30) days, Munich Re
shall be deemed to have accepted such change. If Munich Re rejects such
proposed change, such proposed change shall not be reinsured under the
Agreement, and Munich Re shall not provide adjusted reinsurance coverage.
8.1 REDUCTIONS AND TERMINATIONS
In the event of the lapse or termination of a Policy or Policies reinsured
under this Agreement, the Ceding Company will terminate the reinsurance on
that life.
In the event of the reduction of a Policy or Policies reinsured under this
Agreement or any other agreement, the Ceding Company will, reduce
reinsurance on that life. The reinsured amount on the life with all
reinsurers will be reduced, effective on the same date, by the amount
required such that the Ceding Company maintains its retention as defined
under this Agreement.
The reinsurance reduction will apply first to the Policy or Policies being
reduced and then, on a chronological basis, to other reinsured policies on
the life, beginning with the oldest policy. If a fully retained Policy on a
life that is reinsured under this Agreement is terminated or reduced, the
Ceding Company will reduce the existing reinsurance on that life by a
corresponding amount, with the reinsurance on the oldest policy being
reduced first. If the amount of reduction exceeds the risk amount
reinsured, the reinsurance on the policy or policies will be terminated.
Munich Re will refund any unearned reinsurance premiums net of allowances.
However, the reinsured portion of any policy fee will be deemed earned for
a policy year if the policy is reinsured during any portion of that policy
year.
8.2 INCREASES
(a) NON-CONTRACTUAL INCREASES
If the amount of insurance is increased as a result of a
non-contractual change and the increase will be underwritten by the
Ceding Company in accordance with its Underwriting Guidelines and the
requirements set forth in Article 3.3, it will be considered New
Business under this Agreement. Otherwise, the increase is not
reinsured under this Agreement. Munich Re's prior written approval is
required if the original Policy was reinsured on a facultative basis
or if the new amount will cause the reinsured amount on the life to
exceed either the Automatic Binding Limits or the Jumbo Limits shown
in Exhibit B.
Munich Re will assume its share of the entire amount in excess of the
Ceding Company's applicable retention. Premiums for the additional
reinsurance will be at the new-issue rate from the point of increase.
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
(b) CONTRACTUAL INCREASES
For Policies reinsured on an automatic basis, reinsurance of increases
in amount resulting from contractual policy provisions including
policies with increasing net amount at risk, if any, will be accepted
only up to Munich Re's proportionate share of the Automatic Binding
Limits shown in Exhibit B.
For Policies reinsured on a facultative basis, reinsurance will be
limited to the ultimate amount shown in Munich Re's facultative offer.
Reinsurance premiums for contractual increases will be on a
point-in-scale basis from the original issue age of the policy.
8.3 RISK CLASSIFICATION CHANGES
If the policyholder requests a table rating reduction, removal of a flat
extra or other risk classification change, the Ceding Company shall
underwrite such change in compliance with its Underwriting Guidelines. Risk
classification changes on facultative policies will be subject to Munich
Re's prior written approval.
8.4 REINSTATEMENT
If a Policy reinsured on an automatic basis is reinstated in accordance
with its terms and in accordance with Ceding Company rules and procedures
for reinstatement, Munich Re will, upon notification of reinstatement,
reinstate the reinsurance coverage on such Policy. If a Policy reinsured on
a facultative basis is reinstated by the policyholder, approval by Munich
Re shall be required prior to the reinstatement of the reinsurance if the
Ceding Company's regular reinstatement rules indicate that more evidence
than a statement of good health is required.
Upon reinstatement of the reinsurance coverage, the Ceding Company shall
pay the contractual reinsurance premiums plus accrued interest for the
period and at the interest rate for which it receives premiums in arrears
to the same extent that the Ceding Company collects premiums and interest
on such reinstated Policy.
8.5 NONFORFEITURE BENEFITS
(a) EXTENDED TERM
If the original Policy lapses and extended term insurance is elected
under the terms of the Policy, reinsurance will continue on the same
basis as under the original Policy until the expiry of the extended
term period.
(b) REDUCED PAID-UP
If the original Policy lapses and reduced paid-up insurance is elected
under the terms of the Policy, the amount reinsured shall be reduced.
Reinsurance shall be reduced by the full amount of the reduction. The
reinsurance premiums shall be calculated in the same manner as
reinsurance premiums were calculated on the original Policy. If the
amount of reduction exceeds the risk amount reinsured, the reinsurance
on the Policy shall be terminated.
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
ARTICLE 9 - CONVERSIONS, EXCHANGES, AND REPLACEMENTS
The parties hereby declare and agree that all Policies reinsured under this
Agreement will be issued in accordance with the Ceding Company's normal
standards and guidelines related to conversions, exchanges and replacements
("CER Guidelines") which are in effect on the effective date of this Agreement
and have been provided to Munich Re. The Ceding Company shall notify Munich Re
within ninety (90) days of the effective date of any proposed material change to
the CER Guidelines. If Munich Re agrees to the proposed change in writing, then
such change shall become a part of the CER Guidelines. In the event that Munich
Re does not respond within thirty (30) days, Munich Re shall be deemed to have
accepted such change. If Munich Re rejects such proposed change, such proposed
change shall not become a part of the CER Guidelines and shall not be applied to
Policies reinsured under this Agreement. The Ceding Company's CER Guidelines
are incorporated herein by reference and shall form an integral part of this
Agreement.
9.1 CONVERSIONS
Munich Re shall continue to reinsure Policies resulting from the
contractual conversion of any Policy reinsured under this Agreement, in an
amount not to exceed the original amount reinsured hereunder. If the plan
to which the original Policy is converting is reinsured by Munich Re,
either under this Agreement or under another agreement, reinsurance premium
rates for the resulting converted policy will be those contained in the
agreement that covers the plan to which the original Policy is converting.
However, if the new plan is not reinsured by Munich Re, reinsurance
premiums for a Policy resulting from a contractual conversion will be
agreed upon between the parties. Reinsurance premiums and any allowances
for conversions will be on a point-in-scale basis from the original issue
age of the Policy.
If the conversion results in an increase in the risk amount, the increase
will be underwritten by the Ceding Company in accordance with its
Underwriting Guidelines and CER Guidelines. Munich Re will accept such
increases, subject to the New Business requirements in Section 3.3 of this
Agreement. Reinsurance premiums and any allowances for increased risk
amounts will be first-year premiums at the agreed-upon premium rate.
9.2 EXCHANGES AND REPLACEMENTS
A policy resulting from an internal exchange or replacement will be
underwritten by the Ceding Company in accordance with its Underwriting
Guidelines and its CER Guidelines. If the Ceding Company's CER Guidelines
treat the Policy as New Business, then the reinsurance will also be
considered New Business if the Policy meets the requirements for New
Business set forth in Section 3.3 of this Agreement.
In the event of an internal exchange, if the state in which a replacement
Policy is issued requires waiver of the suicide or contestable provisions,
then Munich Re will honor that obligation and waive suicide or contestable
provisions.
Munich Re's approval to exchange or replace the Policy will be required if
the original policy was reinsured on a facultative basis.
If the Ceding Company's Underwriting Guidelines and CER Guidelines do not
treat the Policy as New Business, the exchange or replacement will continue
to be ceded to Munich Re. The rates will be based on the original issue
age, underwriting class and duration since the issuance of the original
Policy.
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
ARTICLE 10 - CLAIMS
10.1 COVERAGE
Munich Re shall reimburse the Ceding Company, in accordance with the terms
of this Agreement, for Munich Re's proportionate share of benefits on the
Policies listed in Exhibit B of this Agreement and paid by the Ceding
Company in accordance with the terms of the applicable Policies, the Ceding
Company's Claims Procedures (as defined in Section 10.5 below) and the
terms of this Agreement.
10.2 NOTICE
The Ceding Company shall notify Munich Re, as soon as reasonably possible, and
no later than thirty (30) days after it receives a claim on a Policy reinsured
under this Agreement. Additionally, the Ceding Company shall provide quarterly
reports containing the information set forth in Exhibit F.
10.3 PROOFS AND OTHER DOCUMENTATION
a. NON-CONTESTABLE CLAIMS. A "Non-Contestable Claim" is a claim for
benefits that falls outside of the period of time during which the
Ceding Company may challenge the validity of the Policy.
(i) Upon the initial reporting of a Non-Contestable Claim, the
Ceding Company shall provide Munich Re with the claimant's
statement, the death certificate submitted at the time of claim,
and a copy of the proof of payment by the Ceding Company ("Claim
Proofs").
(ii) Further, if the Non-Contestable Claim relates to a Policy for
which Munich Re's net amount at risk is equal to or exceeds
[$500,000.00] and the duration of the Policy is five (5) years or
less, the Ceding Company shall promptly provide Munich Re with
all other documentation maintained by the Ceding Company related
to the claim and issuance of the Policy including, but not
limited to, the underwriting file, the claims investigation file
and the Policy file. Munich Re reserves the right to revise or
adjust the aforementioned thresholds at any time for any reason.
x. XXXXXXXXXXX CLAIMS. A "Contestable Claim" is a claim for benefits
that falls within the period of time during which the Ceding Company
may challenge the validity of the policy. Upon the initial reporting
of a Contestable Claim, the Ceding Company shall provide Munich Re
with Claim Proofs and all other documentation held by the Ceding
Company related to the claim and issuance of the Policy, including,
but not limited to, the underwriting file, the claims investigation
file and the Policy file.
10.4 CLAIMS QUESTIONNAIRE
The Ceding Company has provided Munich Re with accurate and complete
responses to all questions posed by Munich Re on its standard claims
questionnaire ("Munich Re Claims Questionnaire"). The Munich Re Claims
Questionnaire, including the Ceding Company's responses thereto, shall be
incorporated by reference in and become a part of the Ceding Company's
Claims Procedures (as defined in Section 10.5).
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
10.5 CLAIMS GUIDELINES, STANDARDS AND PROCEDURES
The Ceding Company's adherence to its claim guidelines, standards and
procedures or its responses provided in the Munich Re Claims Questionnaire
(collectively, "Claims Procedures"), is a condition precedent to the
payment of any reinsurance benefits under this Agreement. The Ceding
Company has provided a copy of the Claims Procedures to Munich Re, and the
Ceding Company shall notify Munich Re within ninety (90) days of the
effective date of any proposed material change to the Claims Procedures. If
Munich Re agrees to the proposed change in writing, such change shall
become part of the Claims Procedures. If Munich Re rejects such proposed
change in writing, such proposed change shall not become part of the Claims
Procedures and shall not be applied to claims under the Policies reinsured
under this Agreement. The Ceding Company's Claims Procedures are
incorporated herein by reference and shall form an integral part of this
Agreement.
Munich Re shall not be liable for any Claim Exception made by the Ceding
Company related to any Policy reinsured under this Agreement. A "Claim
Exception" is a decision made by the Ceding Company to deny or pay a claim
that is (i) inconsistent or contrary to the terms of the applicable Policy,
(ii) contrary to the Ceding Company's Claims Procedures, (iii) inconsistent
with applicable law, or (iv) made solely to alleviate or reduce the Ceding
Company's risk exposure as a result of misconduct or misjudgment by it or
its Representatives.
10.6 AMOUNT AND PAYMENT OF REINSURANCE BENEFITS
Except as otherwise set forth herein, the total reinsurance recoverable
from all companies will not exceed the Ceding Company's total contractual
liability on the Policy, less the amount retained. The maximum reinsurance
benefit payable by Munich Re to the Ceding Company under this Agreement is
the risk amount specifically reinsured with Munich Re. Munich Re will also
pay its proportionate share of the amount of interest dictated by state
statute ("Statutory Interest") that the Ceding Company pays on the death
benefit proceeds unless payment was unreasonably delayed by the Ceding
Company.
The reinsurance benefit for an approved waiver of premium claim will be
Munich Re's proportionate share of the annual gross premium waived on the
policy. The Ceding Company will continue to pay the life reinsurance
premium; however, it will not pay the reinsurance premium for the waiver
benefit for the duration of the waiver claim period. Munich Re will pay
waiver benefits annually regardless of the mode of premium payment
specified in the policy.
Unless otherwise set forth in this Agreement, the Ceding Company's
contractual liability for Policies reinsured under this Agreement is
binding on Munich Re and a decision made by the Ceding Company as to
whether or not to deny or pay a claim in whole or in part is the Ceding
Company's responsibility and rests solely within the Ceding Company's
authority. Within a reasonable time following Munich Re's receipt of claim
notice and Claim Proofs and other required documentation, Munich Re will
adjudicate the claim for reinsurance benefits as appropriate. If Munich Re
fails to pay its share of any claim, or reinsured expenses associated with
any claim, within thirty (30) days after receipt of all requested
information, then Munich Re shall pay interest on any past due amounts
using the index specified in Section 14.4.
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
10.7 LITIGATED CLAIMS
The Ceding Company shall notify Munich Re of any litigation related to a
claim under a reinsured Policy within five (5) business days of receipt of
the initial complaint. Immediately following such notification, the Ceding
Company shall provide Munich Re with all relevant information related to
the claim in the litigation. Within ten (10) business days after receipt of
all relevant information, Munich Re shall notify the Ceding Company in
writing of its decision to participate or to decline to participate in the
litigation. If Munich Re fails to provide such notification, then Munich Re
shall be deemed to have elected to participate in the litigation.
If Munich Re declines to participate in the litigation, Munich Re shall
satisfy its obligation with respect to such claim by paying to the Ceding
Company its full share of the reinsurance benefit, including accrued
Statutory Interest as of the date on which Munich Re declines to
participate in the litigation and the Ceding Company shall accept such
payment as payment in full for Munich Re's liability regarding such claim.
If Munich Re declines to participate in the litigation, Munich Re shall not
share in any reduction or increase in liability.
If Munich Re agrees to participate in the litigation, Munich Re shall
reimburse the Ceding Company for its proportionate share of the Litigation
Expenses (as defined below), and Munich Re shall share in any such
reduction or increase in liability related to the outcome of such
litigation. Munich Re's participation in any such increase or reduction
will be determined in accordance with Munich Re's proportionate share.
Litigation Expenses shall be submitted to Munich Re on a monthly basis.
Throughout the litigation, the Ceding Company shall provide Munich Re with
all information related to the litigation including, but not limited to,
pleadings, interrogatories and depositions. If Munich Re discovers
information that causes Munich Re to disagree with the Ceding Company's
course of action with respect to a litigated claim, then Munich Re may opt
out of the litigation, pay its full share of the reinsurance benefit plus
its proportionate share of Statutory Interest and Litigation Expenses
incurred as of the opt out date, and incur no further liability related to
the claim including, but not limited to, any liability for any further
Litigation Expenses.
In no event shall Munich Re reimburse the Ceding Company for any Statutory
Penalties, Compensatory Damages or Punitive Damages.
For the purposes of this Section 10.7, the following definitions shall
apply:
"Compensatory Damages" are those amounts awarded to compensate for the
actual damages sustained, and are not awarded as a penalty nor fixed in
amount by statute.
"Litigation Expenses" are the reasonable fees of third party consultants
and outside legal advisors. Litigation Expenses do not include, and Munich
Re will not reimburse the Ceding Company for, routine claim investigation
and administration expenses including, but not limited to, the Ceding
Company's home office expenses and compensation of the Ceding Company's
employees or contract workers. Furthermore, Litigation Expenses do not
include any expenses incurred by the Ceding Company arising out of
conflicting claims of entitlement to policy benefits.
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
"Punitive Damages" are those damages awarded as a penalty the amount of
which is neither governed nor fixed by statute.
"Statutory Penalties" are those amounts awarded as a penalty but are fixed
in amount by statute.
10.8 RETURN OF PREMIUM DUE TO MISREPRESENTATION OR SUICIDE
If the Ceding Company returns premiums as a result of a misrepresentation
of the insured or suicide, Munich Re shall return to the Ceding Company its
pro-rata share of the reinsurance premium received on that Policy without
applicable interest to the Ceding Company in lieu of any other benefit
payable under this Agreement.
10.9 MISSTATEMENT OF AGE OR GENDER
In the event of a change in the amount of the Ceding Company's liability on
a Policy due to a misstatement of the insured's age or gender, the
reinsured net amount at risk will be adjusted, subject to the terms of this
Agreement, as though such revised liability had been in effect on the date
reinsurance for such Policy commenced under Article 3 of this Agreement.
Any difference in reinsurance premium as the result of such change will be
settled without interest.
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
ARTICLE 11 - RESERVES
11.1 RESERVE METHODOLOGY AND REPORTING
The parties intend that the Ceding Company be able to recognize the reinsurance
ceded under this Agreement in its statutory financial statements filed in the
Ceding Company's state of domicile. The parties agree to make all reasonable
efforts to ensure that this is accomplished.
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
ARTICLE 12 - RETENTION LIMIT CHANGES
12.1 If the Ceding Company increases its maximum retention limits as shown in
Exhibit A, it shall provide Munich Re with written notice of the proposed
increase thirty (30) days in advance of its intended effective date.
An increase to the Ceding Company's maximum retention limits shall not
affect the reinsured Policies in-force except as specifically provided in
this Agreement, and any proposed increase in the Ceding Company's retention
related to New Business must be approved in writing by Munich Re prior to
the effective date of such increase. Furthermore, unless agreed between the
parties, an increase in the Ceding Company's retention schedule shall not
affect an increase in the total risk amount that it may automatically cede
to Munich Re.
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
ARTICLE 13 - RECAPTURE
13.1 RECAPTURE UPON INCREASE IN CEDING COMPANY RETENTION.
Whenever the Ceding Company increases its maximum retention limits over the
maximum retention limits set forth in Exhibit A, the Ceding Company has the
option to recapture certain risk amounts. If the Ceding Company has
maintained its maximum stated retention (not a special retention limit) for
the plan and the insured's issue age, sex, and mortality classification, it
may apply its increased retention limits to reduce the amount of
reinsurance in-force as follows.
(a) The Ceding Company must give Munich Re thirty (30) days written
notice prior to the commencement of recapture.
(b) The reduction of reinsurance on affected Policies will become
effective on the policy anniversary date immediately following the
notice of election to recapture; however, no reduction will be made
until a Policy has been in-force for at least 20 years.
(c) If any reinsured Policy is recaptured, all reinsured Policies
eligible for recapture under the provisions of this Article must be
recaptured up to the Ceding Company's new maximum retention limits in
a consistent manner and the Ceding Company must increase its total
amount of insurance on each reinsured life. The Ceding Company may not
revoke its election to recapture for Policies becoming eligible at
future anniversaries.
If portions of the reinsured Policy have been ceded to more than one
reinsurer, the Ceding Company must allocate the reduction in reinsurance so
that the amount reinsured by each reinsurer after the reduction is
proportionately the same as if the new maximum dollar retention limits had
been in effect at the time of issue.
The amount of reinsurance eligible for recapture is based on the current
amount at risk as of the date of recapture. For a Policy issued as a result
of exchange, conversion, or replacement, the recapture terms of the
reinsurance agreement covering the original policy will apply, and the
duration period for the purpose of recapture will be measured from the
effective date of the reinsurance on the original policy.
If there is a reinsured waiver of premium claim in effect when recapture
takes place, Munich Re will continue to pay its share of the waiver claim
until it terminates. Munich Re will not be liable for any other benefits,
including the basic life risk, that are eligible for recapture. All such
eligible benefits will be recaptured as if there were no waiver claim in
effect.
After the effective date of recapture, Munich Re shall not be liable for
any reinsured Policies or portions of such reinsured Policies that should
have been recaptured pursuant to this Section 13.1. Article 18, Errors and
Omissions, shall not apply to this section.
No recapture will be permitted if the Ceding Company has either obtained or
increased stop loss reinsurance coverage as justification for the increase
in retention limits.
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
ARTICLE 14 - GENERAL PROVISIONS
14.1 CURRENCY
All payments and reporting by both parties under this Agreement will be
made in United States dollars.
14.2 PREMIUM TAX
Munich Re shall not reimburse the Ceding Company for premium taxes.
14.3 INSPECTION OF RECORDS
Munich Re, or its duly authorized Representatives, shall have the right at
all reasonable times, for as long as liabilities remain outstanding under
this Agreement, to inspect all books, electronic files, original papers,
records, and all documents relating to the Policies reinsured under this
Agreement including underwriting, claims processing, and administration
records at either the office of the Ceding Company or through secure remote
electronic access, at the option of Munich Re. If Munich Re inspects the
records at the offices of the Ceding Company, the Ceding Company shall
provide a reasonable workspace for the inspection and access to such
records during regular business hours. Whether the inspection is conducted
at the offices of the Ceding Company or remotely, the Ceding Company shall
cooperate with and facilitate the inspection, and upon the request of
Munich Re, shall make available to Munich Re such officers and employees of
the Ceding Company as Munich Re may reasonable request to provide
information concerning the reinsured business and the records inspected.
Munich Re's right to inspect records includes access to records controlled
or provided by third parties.
14.4 INTEREST RATE
If, under the terms of this Agreement, interest is accrued on amounts due
either party, such interest will be calculated using the 180 day Treasury
rate as reported in the Wall Street Journal on the date the payment becomes
due, except as it pertains to Article 10 and as outlined elsewhere in this
Agreement.
14.5 OTHER
Munich Re will not participate in gross annual premiums and policy fees
paid by the policyholder, expense charges, cash values, accumulation fund
amounts, dividends, nor any benefits not expressly referred to herein.
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
ARTICLE 15 - DAC TAX
15.1 The parties to this Agreement agree to the following provisions pursuant
to Section 1.848-2(g)(8) of the Income Tax Regulations under Section 848 of
the Internal Revenue Code of 1986, as amended:
(a) The term 'party' refers to either the Ceding Company or Munich Re, as
appropriate.
(b) The terms used in this Article are defined by reference to Regulation
Section 1.848-2.
(c) The party with the net positive consideration for this Agreement for
each taxable year will capitalize specified policy acquisition
expenses with respect to this Agreement without regard to the general
deductions limitation of Section 848(c)(1).
(d) Both parties agree to exchange information pertaining to the amount
of net consideration under this Agreement each year to ensure
consistency, or as otherwise required by the Internal Revenue Service.
(e) The Ceding Company will submit a schedule to Munich Re by May 1 of
each year with its calculation of the net consideration for the
preceding calendar year. This schedule of calculations will be
accompanied by a statement signed by an officer of the Ceding Company
stating that the Ceding Company will report such net consideration in
its tax return for the preceding calendar year. Munich Re may contest
such calculation by providing an alternative calculation to the Ceding
Company in writing within thirty (30) days of Munich Re's receipt of
the Ceding Company's calculation. If Munich Re does not so notify the
Ceding Company within the required timeframe, Munich Re will report
the net consideration as determined by the Ceding Company in Munich
Re's tax return for the previous calendar year.
(f) If Munich Re contests the Ceding Company's calculation of the net
consideration, the parties will act in good faith to reach an
agreement as to the correct amount within thirty (30) days of the date
Munich Re submits its alternative calculation. If the Ceding Company
and Munich Re reach an agreement on an amount of net consideration,
each party will report the agreed upon amount in its tax return for
the previous calendar year.
(g) Both the Ceding Company and Munich Re represent and warrant that they
are subject to United States taxation under either Subchapter L or
Subpart F of Part III of Subchapter N of the Internal Revenue Code of
1986, as amended.
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
ARTICLE 16 - OFFSET
Any undisputed debts or credits with respect to this Agreement, whether in favor
of or against either Munich Re or the Ceding Company, are subject to recoupment
and only the balance will be allowed or paid. In addition, any mutual debts or
credits with respect to this Agreement or any other agreement between the
parties may be offset and only the balance will be allowed or paid.
The rights of offset and recoupment shall not be affected or diminished because
of the insolvency of either party. The intent of the parties is that recoupment
and offset shall be permitted to the maximum extent allowed by law.
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
ARTICLE 17 - INSOLVENCY
17.1 INSOLVENCY OF A PARTY TO THIS AGREEMENT
A party to this Agreement shall be deemed insolvent when it:
(a) applies for or consents to the appointment of a receiver,
rehabilitator, conservator, liquidator or statutory successor of its
properties or assets; or
(b) is adjudicated as bankrupt or insolvent; or
(c) files or consents to the filing of a petition in bankruptcy, seeks
reorganization to avoid insolvency or makes formal application for any
bankruptcy, dissolution, liquidation or similar law or statute; or
(d) becomes the subject of an order to rehabilitate or an order to
liquidate as defined by the insurance code of the jurisdiction of the
party's domicile.
17.2 INSOLVENCY OF THE CEDING COMPANY
In the event of the insolvency of the Ceding Company, all reinsurance
payments due under this Agreement shall be payable directly to the
liquidator, rehabilitator, receiver, or statutory successor of the Ceding
Company, without diminution because of the insolvency, for those claims
allowed against the Ceding Company by any court of competent jurisdiction
or by the liquidator, rehabilitator, receiver or statutory successor having
authority to allow such claims.
In the event of insolvency of the Ceding Company, the liquidator,
rehabilitator, receiver, or statutory successor shall give written notice
to Munich Re of all pending claims against the Ceding Company on any
Policies reinsured within a reasonable time after such claim is filed in
the insolvency proceeding. While a claim is pending, Munich Re may
investigate and interpose, at its own expense, in the proceeding where the
claim is adjudicated, any defense or defenses that it may deem available to
the Ceding Company or its liquidator, rehabilitator, receiver, or statutory
successor.
The expense incurred by Munich Re shall be chargeable, subject to court
approval, against the Ceding Company as part of the expense of liquidation
to the extent of a proportionate share of the benefit that may accrue to
the Ceding Company solely as a result of the defense undertaken by Munich
Re. Where two or more reinsurers are participating in the same claim and a
majority in interest elect to interpose a defense or defenses to any such
claim, the expense shall be apportioned in accordance with the terms of
this Agreement as though such expense had been incurred by the Ceding
Company.
Munich Re shall be liable only for the amounts reinsured and shall not be
or become liable for any amounts or reserves to be held by the Ceding
Company on Policies reinsured under this Agreement.
If, upon the liquidation of the Ceding Company, the liquidator,
rehabilitator, receiver, or statutory successor of the Ceding Company
elects to recapture all of the Policies reinsured under this Agreement and
terminate the Agreement in its entirety, such
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
recapture and termination shall be subject to a terminal accounting and
settlement as set forth in Section 22.1.
17.3 INSOLVENCY OF MUNICH RE
In the event of Munich Re's insolvency, the Ceding Company may terminate
the Agreement for future new business and shall notify Munich Re in writing
of its intent. The parties agree to waive the notification period for this
cancellation, and the effective date shall be no earlier than the effective
date of Munich Re's insolvency.
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
ARTICLE 18 - ERRORS AND OMISSIONS
In this section, "Error" means a clerical or administrative error or omission
(other than an error in judgment) that is shown to be unintentional and the
result or an oversight or misunderstanding.
For greater certainty, the following, while not an exclusive or exhaustive list,
shall not be considered Errors:
(a) any failure by the Ceding Company or its Representatives to comply
with any condition precedents to automatic reinsurance coverage,
including, but not limited to (i) residency requirements; (ii)
retention requirements; (iii) appropriate application of Underwriting
Guidelines; (iv) Automatic Binding Limits; (v) Jumbo limits; and
facultative requirements;
(b) any failure by the Ceding Company, or its Representatives to comply
with the Ceding Company's requirements related to the approval,
issuance or administration of a Policy including, but not limited to
(i) the Ceding Company's Underwriting Guidelines and its use of
prudent underwriting judgment, (ii) the Ceding Company's CER
Guidelines, and (iii) the Ceding Company's Claims Procedures;
(c) any failure by the Ceding Company to comply with Article 10 of this
Agreement concerning claims;
(d) any other failure by the Ceding Company to comply with any condition
including, but not limited to, any failure to provide Munich Re with
notice of an material changes to (i) the Ceding Company's Underwriting
Guidelines, (ii) the Ceding Company's CER Guidelines, (iii) the Ceding
Company's Claims Procedures, or (iv) any Policy;
(e) facultatively submitted business for which the Ceding Company failed
to notify Munich Re of the Ceding Company's acceptance of Munich Re's
facultative offer pursuant to Article 4 of this Agreement; or
(f) repetitive Errors in administration or reporting by the Ceding
Company;
If either Munich Re or the Ceding Company fails to comply with the terms of this
Agreement and such failure is the result of an Error on the part of Munich Re or
the Ceding Company, then such Error shall be corrected by restoring both Munich
Re and the Ceding Company to the respective positions that they would have
occupied had no such Error occurred; provided, however, nothing in this section
shall operate or be construed:
(a) to extend the liability of Munich Re beyond any of the limits
specified in this Agreement or to extend the liability of Munich Re to
cover any risk or class of insurance generally or specifically
excluded from this Agreement;
(b) to allow the Ceding Company to alter its retention on any Policy
reinsured hereunder after the occurrence of a loss on such Policy; or
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
(c) to impose any greater liability on Munich Re than would have attached
if the Error had not occurred;
If it is not possible for both parties to be restored to the positions they
would have occupied had the Error not occurred, then any financial consequences
will be borne by the party that committed the Error.
The party first discovering any Error shall notify the other party in writing
promptly upon its discovery, and the responsible party shall endeavor to correct
such Error within ninety (90) days of its discovery. When an Error is
discovered, the party who committed the Error will use all commercially
reasonable efforts to (a) identify all other Errors of the same or similar
nature through a review of records in its power, possession or control, and (b)
avoid similar Errors in the future. Any monetary adjustments made between
Munich Re and the Ceding Company to correct an Error will be made with interest
as set forth in Section 14.4.
The acceptance of premiums by Munich Re in the event of an Error shall not
establish liability on its part. Furthermore, this section shall not operate or
be construed as a waiver by either party of its rights to enforce strictly the
terms of this Agreement nor shall any resolution of an Error adopted by the
parties set a precedent for the resolution of any other Error.
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
ARTICLE 19 - DISPUTE RESOLUTION
Within thirty (30) days after either party provides the other party with written
notification of a specific dispute, citing this Article and specifically
describing the issue or issues to be resolved, each party shall appoint an
active company officer who has authority to make decisions with respect to such
issues. The officers shall discuss the issues and shall negotiate in good
faith. During this negotiation process, all reasonable requests made by one
officer to the other for information will be honored. The designated officers
shall decide the specific format for such discussions.
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
ARTICLE 20 - ARBITRATION
20.1 ARBITRATION
It is the intention of Munich Re and the Ceding Company that the customs
and practices of the life insurance and reinsurance industry will be given
full effect in the operation and interpretation of this Agreement. If
Munich Re and the Ceding Company cannot mutually resolve a dispute that
arises out of or relates to this Agreement, and the dispute cannot be
resolved through the dispute resolution process described in Article 19,
the dispute shall be decided through arbitration. Such arbitration shall be
conducted in accordance with the Federal Arbitration Act (9 U.S.C. Section
1 et seq.)
To initiate arbitration, either the Ceding Company or Munich Re shall
notify the other party in writing of its desire to arbitrate, stating the
nature of its dispute and the remedy sought. The party to which the notice
is sent shall acknowledge to the notification in writing within fifteen
(15) days of its receipt.
There shall be three arbitrators who shall be current or former officers of
life insurance or life reinsurance companies other than the parties to this
Agreement, their affiliates or subsidiaries and shall be from XXXXX-US
Certified Arbitrators list available at xxx.XXXXX-XX.xxx. Each of the
parties shall appoint one of the arbitrators and these two arbitrators
shall select the third. If either party refuses or neglects to appoint an
arbitrator within sixty (60) days of the initiation of the arbitration, the
other party may appoint the second arbitrator. If the two arbitrators do
not agree on a third arbitrator within sixty (60) days of the appointment
of the second arbitrator, then each arbitrator shall nominate three
candidates within ten (10) days thereafter, two of whom the other shall
decline, and the decision shall be made by drawing lots for the final
selection.
Once chosen, the arbitrators are empowered to select the site of the
arbitration and decide all substantive and procedural issues by a majority
of votes. As soon as possible, the arbitrators shall establish arbitration
procedures as warranted by the facts and issues of the particular case. The
arbitrators shall have the power to determine all procedural rules of the
arbitration including but not limited to inspection of documents,
examination of witnesses and any other matter relating to the conduct of
the arbitration. The arbitrators may consider any relevant evidence; they
shall weigh the evidence and consider any objections. Each party may
examine any witnesses who testify at the arbitration hearing.
The arbitrators shall base their decision on the terms and conditions of
this Agreement and the customs and practices of the life insurance and
reinsurance industries rather than on strict interpretation of the law. The
decision of the arbitrators shall be made by majority rule and shall be
submitted in writing. The decision shall be final and binding on both
parties and there shall be no appeal from the decision. Either party to the
arbitration may petition any court having jurisdiction over the parties to
reduce the decision to judgment. The arbitrators may not award any
exemplary or punitive damages.
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
Unless the arbitrators decide otherwise, each party shall bear the expense
of its own arbitration activities, including its appointed arbitrator and
any outside attorney and witness fees. The parties shall jointly and
equally bear the expense of the third arbitrator and other costs of the
arbitration.
This Article will survive termination of this Agreement.
20.2 UNDERWRITING ARBITRATION
Disputes involving the application of the Ceding Company's Underwriting
Guidelines to a particular Policy shall be resolved through the following
procedure.
The parties shall appoint an underwriter who (1) has at least ten (10)
years experience in life insurance or reinsurance underwriting; (ii) is
independent from the parties; and (iii) is disinterested in the outcome of
the dispute (the "Independent Underwriter").
If the parties cannot agree on the appointment of the Independent
Underwriter within thirty (30) days, each party shall nominate three
underwriters qualified under the prior paragraph. Within ten (10) business
days thereafter, each party shall then decline two of the other party's
nominations. The Independent Underwriter shall be chosen from the remaining
two nominations by drawing lots.
Within twenty (20) days of the appointment of the Independent Underwriter,
each party shall submit in writing to the Independent Underwriter its
proposed resolution for the dispute in addition to supporting
documentation. Supporting documentation shall be limited to this Agreement,
the Ceding Company's Underwriting Guidelines and all information in the
Ceding Company's underwriting file as of the date the relevant underwriting
decision was made. Each party shall provide a copy of its proposed
resolution and supporting documentation to the other party.
Within 30 days of the date that the proposed resolutions are due to the
Independent Underwriter, the Independent Underwriter shall make his or her
determination and issue a written decision. The Independent Underwriter's
decision shall take into consideration the documentation provided by both
Parties, as well as the provisions of the Agreement.
The decision of the Independent Underwriter shall be final and binding on
both parties, and the parties shall share the costs of the Independent
Underwriter on an equal basis.
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
ARTICLE 21 - CONFIDENTIALITY
21.1 PRIVACY
(a) As used in this Article 21, Customer Information is defined as
medical, financial, and other personal information concerning or
related to proposed, current, and former policy owners, insureds,
applicants, and beneficiaries of policies issued by the Ceding
Company.
(b) Munich Re agrees to treat Customer Information provided by the Ceding
Company as confidential, as prescribed under Federal and State laws
and regulations related to privacy of information.
(c) For the avoidance of doubt, notwithstanding any other provision of
this Agreement, Munich Re may disclose Customer Information to its own
directors, officers, employees, affiliates, and advisors (collectively
the "Representatives") and, to the extent necessary or required, to
its retrocessionaires, rating agencies, regulators, external auditors
and MIB Group, Inc. (collectively "Applicable Third Parties") in the
following circumstances:
(i) to those who need to know such information in connection with
the proper execution of this Agreement;
(ii) as necessary to perform its internal risk-management functions
and analysis;
(iii) to an affiliated data center in connection with Munich Re's data
management practices
(iv) to the extent necessary to retrocede risks covered by this
Agreement or otherwise comply with retrocessionaire requirements;
and
(v) as needed to perform or comply with other applicable audit
functions or requirements.
(d) Munich Re will take reasonable steps to ensure that its
Representatives and Applicable Third Parties maintain the
confidentiality of Customer Information.
(e) Munich Re will furnish to the Ceding Company a copy of Munich Re's
privacy policy upon request.
(f) The obligations set forth in this Section 21.1 regarding privacy of
Customer Information will survive the termination of this Agreement
and remain in-force indefinitely or until Munich Re no longer has
possession or control of any such Customer Information.
21.2 PROPRIETARY INFORMATION
(a) The Ceding Company and Munich Re acknowledge that compliance with the
terms of this Agreement may require the exchange of Proprietary
Information, as defined herein.
(b) As used in this Article 21, Proprietary Information is defined as all
information or material that has or could have commercial value or
utility and includes, but is not limited to, business plans, trade
secrets, experience studies, underwriting manuals, guidelines and
decisions, applications, policy forms, quote terms, actuarial data and
assumptions, valuations, financial condition, and the specific
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
terms and conditions of this Agreement.
(c) Proprietary Information will not include information that:
(i) is or becomes available to the general public other than as a
result of disclosure by the party receiving the information
(hereinafter the "Recipient");
(ii) is developed independently by the Recipient;
(iii) to an affiliated data center in connection with Munich Re's data
management practices;
(iv) is acquired by the Recipient from a third party that is, to the
knowledge of the Recipient, not bound by confidentiality
restrictions related to the information; or
(v) was already within the possession of the Recipient, and not
subject to a confidentiality agreement, prior to being furnished
by the other party.
(d) Munich Re and the Ceding Company shall hold all Proprietary
Information received from the other party in confidence and, without
the prior written consent of the Discloser, use or disclose such
Proprietary Information solely for the purposes of evaluation and
performance of this Agreement.
(e) For the avoidance of doubt, notwithstanding any other provision of
this Agreement, Munich Re may disclose Proprietary Information to its
Representatives, Applicable Third Parties in the following
circumstances:
(i) to those who need to know such information in connection with
the proper execution of this Agreement;
(ii) as necessary to perform its internal risk-management functions
and analysis;
(iii) to the extent necessary to retrocede risks covered by this
agreement or otherwise comply with retrocessionaire requirements;
and
(iv) as needed to perform or comply with other applicable audit
functions or requirements.
(f) The parties will take reasonable steps to ensure that their
Representatives and Applicable Third Parties maintain the
confidentiality of any such Proprietary Information.
(g) Either party may disclose Proprietary Information when legally
compelled to do so. In such event, the party so compelled will provide
the other party with prompt notice of such prior to disclosure so that
the other party may seek an appropriate remedy.
(h) The provisions set forth in this Article 21.2 shall survive for two
(2) years following the termination of the last in-force policy
reinsured under this Agreement.
21.3 UNAUTHORIZED DISCLOSURE
The Recipient shall notify the party disclosing either Proprietary and/or
Customer Information (the "Discloser") (Proprietary and Customer
Information hereinafter together referred to as "Confidential Information")
of any unauthorized access to or release of Confidential Information as
soon as possible, but in no event later than three (3) business days
following the identification of such access or release. The Recipient
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
agrees to cooperate fully with the Discloser in the investigation and
handling of any authorized access to or release of Confidential
Information.
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
ARTICLE 22 - TERMINAL ACCOUNTING AND SETTLEMENT
22.1 TERMINATION DUE TO LIQUIDATION OF THE CEDING COMPANY
(a) In the event that this Agreement is terminated for both in-force and
new business pursuant to Section 17.2, a terminal accounting and
settlement shall occur.
(b) The "Terminal Accounting Date" will be the earliest of: (a) the
effective date of termination of this Agreement, or (b) any other date
mutually agreed by the parties in writing.
(c) The final settlement amount shall be determined as follows:
A + B - C
where,
"A" is the unearned reinsurance premium as of the Terminal Accounting
Date.;
"B" is the amount of claims incurred but not reported as of the
Terminal Accounting Date that is reported to Munich Re within ninety
(90) days of the Terminal Accounting Date; and
"C" is due, but unpaid reinsurance premium as of the Terminal
Accounting Date.
(d) Munich Re shall provide the calculation of the final settlement
amount to the Ceding Company or its rehabilitator, receiver, or
liquidator within one hundred twenty (120) days of the Terminal
Accounting Date. The Ceding Company or its rehabilitator, receiver or
liquidator shall have (sixty) 60 days from the date Munich Re provides
the calculation and supporting data and information to review and
validate it. In the event the Ceding Company or its rehabilitator,
receiver or liquidator is not able to reasonably validate the
calculation, then Munich Re or the Ceding Company or its
rehabilitator, receiver or liquidator as the case may be, shall
deposit the final settlement amount into escrow and proceed to cause
an arbitration of the matter pursuant to Article 20 of this Agreement.
Any amount so deposited shall be subject to adjustment as a result of
arbitration.
(e) If the Ceding Company or its rehabilitator, receiver, or liquidator
validates the final settlement amount, it shall be paid on 181st day
following the Terminal Accounting Date. In the event the final
settlement amount is positive, Munich Re shall make payment to the
Ceding Company or its rehabilitator, receiver or liquidator. In the
event the final settlement amount is negative, the Ceding Company or
its rehabilitator, receiver or liquidator shall make payment to Munich
Re.
(f) It is the intent of the parties that under all circumstances any
payments determined to be due to either party under the Terminal
Accounting and Settlement shall be fully and completely subject to
offset as provided under the terms of this Agreement.
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(g) Upon completion of the settlement, Munich Re will be released from
all its liabilities under the Agreement effective as of the Terminal
Accounting Date, including but not limited to, the payment of any
claim, benefit, or loss under the Agreement, notwithstanding the date
any such claim, benefit, or loss may be incurred.
22.2 TERMINATION DUE TO CEDING COMPANY'S FAILURE TO PAY PREMIUM
(a) In the event that this Agreement is terminated for both in-force and
new business pursuant to Section 7.4 , terminal accounting and
settlement shall occur.
(b) The "Terminal Accounting Date" shall be the earliest of: (a) the
effective date of termination of this Agreement, or (b) any other date
mutually agreed by the parties in writing.
(c) The final settlement amount shall be determined as follows:
(A + B) - (C + D)
where,
"A" is the unearned reinsurance premium as of the Terminal Accounting
Date.
"B" is the amount of claims incurred but not reported as of the
Terminal Accounting Date that is reported to Munich Re within ninety
(90) days of the Terminal Accounting Date.
"C" is due, but unpaid reinsurance premium as of the Terminal
Accounting Date.
"D" is the recapture fee calculated pursuant to the formula set forth
in Section 22.3.
(d) Munich Re shall provide the calculation of the final settlement
amount to the Ceding Company within one hundred twenty (120) days of
the Terminal Accounting Date. The Ceding Company shall have sixty (60)
days from the date Munich Re provides the calculation and supporting
data and information to review and validate it. In the event the
Ceding Company is not able to validate the calculation, then Munich Re
or the Ceding Company shall deposit the final settlement amount into
escrow and proceed to cause an arbitration of the matter pursuant to
Article 20 of this Agreement. Any amount so deposited shall be subject
to adjustment as a result of arbitration.
(e) If the Ceding Company validates the final settlement amount, it shall
be paid on 181st day following the Terminal Accounting Date. In the
event the final settlement amount is positive, Munich Re shall make
payment to the Ceding Company. In the event the final settlement
amount is negative, the Ceding Company shall make payment to Munich
Re.
(f) Upon completion of the settlement, Munich Re will be released from
all its liabilities under the Agreement effective as of the Terminal
Accounting Date,
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
including but not limited to, the payment of any claim, benefit, or loss
under the Agreement, notwithstanding the date any such claim, benefit, or
loss may be incurred, and the Ceding Company will concurrently be relieved
of its obligation to make any payments to Munich Re.
22.3 RECAPTURE FEE
A recapture fee equal to the following will be due to Munich Re:
N is the current duration on a Policy.
P equals the annual gross reinsurance premium on a Policy that is payable
in the second policy year.
R equals the minimum recapture duration as per ["Article 13 - Recapture"]
of this Agreement. If there is no durational recapture right under this
Agreement, then R is defined as 20.
If the Recapture occurs, then the recapture fee on a Policy in duration N
will be:
(P) * (100%- (100%/R)*N) + Embedded Value1
No recapture fee is payable on a Policy after that policy reaches duration
R-1.
1 The recapture charge will be 100% of the pre-tax Embedded Value2 of the
business being recaptured, at the time of recapture, if positive. This charge
shall be calculated by Munich Re using its Embedded Value assumptions (excluding
expenses and income tax) and methodology used to create Munich Re's most recent
publicly disclosed Embedded Value results. The calculation of Embedded Value
will use required capital that maintains Munich Re's capital adequacy ratio at
the level set forth in this Agreement.
A third party, independent actuarial consulting firm appointed by both parties
(the "Independent Actuary") will be responsible for verifying the accuracy of
the Embedded Value calculation, given the methodology and the assumptions used
by Munich Re at the time of calculation. Munich Re shall provide the Independent
Actuary with the Embedded Value assumptions immediately upon appointment and the
Independent Actuary shall provide the parties with his or her report within
twenty (20) business days.
Munich Re's Embedded Value assumptions shall only be disclosed to the
Independent Actuary on a confidential basis for the sole purpose of verifying
the calculation of the recapture charge. The Embedded Value assumptions will not
be disclosed to the Ceding Company under any circumstances, including
arbitration. All fees relating to this independent actuarial review are to be
borne equally between the Ceding Company and Munich Re.
Should the Ceding Company exercise its option to recapture business reinsured
under this Agreement and if the Independent Actuary concludes that a payment is
required by a party, such party shall make payment to the other party within
twenty (20) business days of receiving such report.
--------------------------------------------------------------------------------
TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
Munich Re's Embedded Value results are externally reviewed by an independent
actuary and publicly disclosed annually. In the event that Munich Re ceases to
perform annual Embedded Value calculations, an alternative appropriate measure
shall be used as agreed upon by the parties.
2 Embedded Value: The Embedded Value is defined as an actuarially determined
estimate of the economic value of a life insurance operation excluding future
new business. In determining the recapture charge stated above, the pre-tax
Embedded Value will be calculated prior to the inclusion of any expenses and
future taxes payable by Munich Re.
--------------------------------------------------------------------------------
TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
ARTICLE 23 - DURATION OF AGREEMENT
23.1 This Agreement is indefinite as to its duration. The Ceding Company or
Munich Re may terminate this Agreement with respect to the reinsurance of
new business by giving thirty (30) days written notice of termination to
the other party, sent by certified mail. The first day of the notice period
is deemed to be the date the document is postmarked.
During the notification period, the Ceding Company shall continue to cede
and Munich Re shall continue to accept Policies reinsured under the terms
of this Agreement. Reinsurance coverage on all reinsured Policies shall
remain in-force until the termination or expiry of the policies or until
the contractual termination of reinsurance under the terms of this
Agreement, whichever occurs first.
--------------------------------------------------------------------------------
TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
ARTICLE 24 - NOTICE
Any notice that is required or permitted to be given under this Agreement shall
be given to the other party, in writing, and shall be (i) delivered personally,
(ii) sent by facsimile transmission, (iii) sent by courier or recognized
overnight delivery service, or (iv) certified or registered U.S. mail, postage
prepaid, to such party as follows:
If to the Ceding Company:
Ameritas Life Insurance Corp.
0000 Xxxxxxxx Xxxx
Xxxxxxxxxx, Xxxx 00000
Attention: Xxx XxXxxxxx, 2nd Vice President
Fax number: 000-000-0000
If to Munich Re:
Munich American Reassurance Company
00 Xxxxxxxxx Xxxxxx Xxxx, X.X.
Xxxxxxx, XX 00000-0000
Attention: Xxxxxxx Xxxxxxxx, 2nd Vice President, Treaty
Fax number: 000-000-0000
Any such notice shall be deemed received when (i) so delivered personally, (ii)
confirmed as sent by facsimile transmission, (iii) signed for when delivered by
courier or recognized overnight delivery by certified or registered U.S. mail.
Either party may change the names or addresses where notice is given by
providing notice to the other party of such change in accordance with this
Article. An amendment signed by both parties for this change is not necessary.
--------------------------------------------------------------------------------
TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
ARTICLE 25 - EXECUTION
25.1 This Agreement is effective as of June 1, 2008, and applies to all
eligible Policies with issue dates on or after such date and to eligible
Policies applied for on and after such date that were backdated for up to
six (6) months to save age. The Parties, by their respective duly
authorized officers, have executed this Agreement in duplicate, each of
which shall be deemed to be an original but all of which together shall
constitute one and the same instrument.
Ameritas Life Insurance Corp. Munich American Reassurance Company
By: /s/ Xxxx Xxxxxxx By: /s/ Xxxxx Xxxxx
----------------------------- ----------------------------------
(signature) (signature)
Xxxx Xxxxxxx Xxxxx Xxxxx
----------------------------- ----------------------------------
(print or type name) (print or type name)
Title: Corporate Actuary Title: Assistant VP, IL Marketing
----------------------------- ----------------------------------
Date: 10/26/2010 Date: 10/15/10
----------------------------- ----------------------------------
Attest: Xxx Xxxxxxxx Attest: Xxxxxxx Xxxxxxxx
----------------------------- ----------------------------------
(signature) (signature)
Title: 2nd V.P. Title: 2nd VP, Treaty
----------------------------- ----------------------------------
--------------------------------------------------------------------------------
TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
EXHIBIT A
RETENTION LIMITS OF THE CEDING COMPANY
A.1 LIFE INSURANCE - MAXIMUM LIMITS OF RETENTION
(a) SINGLE LIFE RETENTION
-------------------------------------------------------------------
Preferred Plus Tables 5-16 (E-P)
Preferred Table 1 - 4 (A-D) Flat Extra
Standard Flat Extra up to $7.51 & up
Issue Age
-------------------------------------------------------------------
0-65 $2,000,000 $1,500,000 $500,000
-------------------------------------------------------------------
66-75 1,500,000 1,000,000 500,000
-------------------------------------------------------------------
76-80 1,000,000 500,000 250,000
-------------------------------------------------------------------
81-85 500,000 100,000 0
-------------------------------------------------------------------
(b) [See attached "Survivor UL Retention Calculation" that describes how
to calculate retention for Joint Life policies].
A.2 WAIVER OF PREMIUM DISABILITY BENEFITS:
(a) Flexible Premium Policies: $5,000 per month
(b) Fixed Premium Policies: Proportional to the life insurance retained
--------------------------------------------------------------------------------
TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
SURVIVOR UL RETENTION CALCULATION
-----------------------------------------------------------------------------------------
Face Amount (D) A
-------------------- ---------------------- ------------------- -------------------------
B
Name
-------------------- ---------------------- ------------------- -------------------------
Age C
-------------------- ---------------------- ------------------- -------------------------
Sex
-------------------- ---------------------- ------------------- -------------------------
Rating D
-------------------- ------------------------------------------ -------------------------
Current Maximum
Retention (A) C
-------------------- ------------------------------------------ -------------------------
Previous Insurance
Retention (B) E
-------------------- ------------------------------------------ -------------------------
-------------------- ------------------------------------------ -------------------------
C - Determining current Retention: E: Amount to be reinsured
The GREATER of the single life "Maximum Retention" limit (A)
Less
The Greater of the single life "Previous Insurance Retained" (B)
-----------------------------------------------------------------------------------------
EXHIBIT B
PLANS COVERED AND BINDING LIMITS
The Policies automatically reinsured under this Agreement is defined as follows.
B.1 POLICIES
Policies issued in all states, except the state of New York on plans with
effective dates within the applicable period shown below may qualify for
automatic reinsurance under the terms of this Agreement.
COMMENCEMENT *TERMINATION
PLAN IDENTIFICATION FORM NO. BASIS NO. DATE DATE
---------------------------------- -------- --------- ------------ ------------
Single Life Flexible 3301 June 1, 2008
Premium UL
Benefit & Riders:
Total Disability Benefit ATDB01 June 1, 2008
Rider
Term Insurance Rider-Other ATIR01 June 1, 2008
Insured
Flexible Premium 3365 June 1, 2008
Survivorship Life
Benefit & Riders: AEPR01 June 1, 2008
Estate Protection Rider
Policy Split Option Rider APSR01 June 1, 2008
Term Insurance Rider-Other Insured ATIR01 June 1, 2008
Total Disability Benefit Rider ATDB01 June 1, 2008
--------------------------------------------------------------------------------
TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
B.2 BASIS
Munich Re's share will be the following percentages of the excess over the
Ceding Company's retention specified in Exhibit A. This amount will not
exceed Munich Re's share of the maximum Automatic Binding Limits specified
in Exhibit B.3.
Single Life
-----------
Issue Age Munich Re's Share
--------- -----------------
0-69 30%
70-85 40%
Joint Life
----------
Issue Age Munich Re"s Share
--------- -----------------
0-85 30%
B.3 AUTOMATIC BINDING LIMITS
(a) Life
-----------------------------------------------------------------
Pool Maximum Pool Maximum Pool Maximum
Preferred Plus Tables 1-4 (A-D) Tables 5-16 (E-P)
Issue Age Preferred Flat Extras up to Flat Extras $7.51
Standard $7.50 & up
-----------------------------------------------------------------
0-65 $24,000,000 $18,000,000 $6,000,000
-----------------------------------------------------------------
66-75 18,000,000 12,000,000 6,000,000
-----------------------------------------------------------------
76-80 12,000,000 6,000,000 1,000,000
-----------------------------------------------------------------
81-85 2,000,000 100,000 0
-----------------------------------------------------------------
The pool maximum automatic binding amounts above include the Ceding
Company's retention.
(b) Waiver of Premium Disability Benefits: Not reinsured
(c) Total Disability Benefit Rider (TD): The Ceding Company shall retain
the first $60,000 of annual premium ($5,000 per month). The Ceding
Company's maximum TD is 1% of the face amount not to exceed the
planned premium. The maximum TD that the Ceding Company can issue
automatically is $2,880,000 (pool total plus Ceding Company's
retention). Munich Re's share will be based on the percentages noted
in section B.2 in excess of the Ceding Company's retention.
--------------------------------------------------------------------------------
TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
B.4 JUMBO LIMITS
The Ceding Company will not cede any risk automatically if the total amount
in-force and applied for on the life with all insurance companies,
including any amount to be replaced, exceeds the applicable amounts shown
below. (a) Life with or without waiver:
------------------------------------------------------------------------------
Ages Standard thru Table 4 Table 5 thru Table 8 Table 9 thru Table 16
------------------------------------------------------------------------------
0-80 $50,000,000 $50,000,000 $50,000,000
------------------------------------------------------------------------------
81-85 30,000,000 30,000,000 -0-
------------------------------------------------------------------------------
B.5 ACCELERATED DEATH BENEFIT RIDER
Munich Re will not participate in any acceleration of death benefits.
Instead, Munich Re will pay its share of the net amount at risk upon the
death of the insured.
B.6 INCREASING NET AMOUNT AT RISK (including but not limited to Return of
Premium Death Benefit Option, Increasing Term Riders, Cost of Living
Adjustment Riders):
Not Applicable
--------------------------------------------------------------------------------
TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
EXHIBIT C
FORMS, MANUALS, AND ISSUE RULES
--------------------------------------------------------------------------------
TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
EXHIBIT D
REINSURANCE PREMIUMS
D.1 LIFE
Plans covered under this Agreement will be reinsured on a YRT basis.
(a) SINGLE LIFE, TERM INSURANCE RIDER-OTHER INSURED
The premium basis for reinsurance ceded will be based on the following
percentages of the attached 2001 Valuation Basic Select and Ultimate Tables,
Gender Distinct and Smoker Distinct, Age Nearest Birthday.
Class 1 2 on
----- -- ----
Male
Preferred Plus Non-Tobacco [*] [*]
Preferred Non-Tobacco [*] [*]
Select Non-Tobacco [*] [*]
Standard Non-Tobacco [*] [*]
Preferred Tobacco [*] [*]
Standard Tobacco [*] [*]
Female
Preferred Plus Non-Tobacco [*] [*]
Preferred Non-Tobacco [*] [*]
Select Non-Tobacco [*] [*]
Standard Non-Tobacco [*] [*]
Preferred Tobacco [*] [*]
Standard Tobacco [*] [*]
Reinsurance premiums will be payable up to attained age 120.
(b) SURVIVORSHIP LIFE, ESTATE PROTECTION RIDER, TERM INSURANCE
RIDER-OTHER INSURED
The premium basis for reinsurance ceded will be based on the following
percentages of the attached 2001 Valuation Basic Select and Ultimate Tables,
Gender Distinct and Smoker Distinct, Age Nearest Birthday and using Xxxxxxx'x
Exact Age Method.
Class 1 2 on
----- -- ----
Preferred Plus Non-Tobacco [*] [*]
Preferred Non-Tobacco [*] [*]
Select Non-Tobacco [*] [*]
Standard Non-Tobacco [*] [*]
Preferred Tobacco [*] [*]
Standard Tobacco [*] [*]
(a [*] minimum rate will apply after the first duration)
For one life uninsurable on the Survivorship plan, single life rates will be
used for the insurable life. The insurable life should not be rated more than
Table 8.
Reinsurance premiums will be payable up to attained age 120.
--------------------------------------------------------------------------------
TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
D.2 AGE BASIS
Age Nearest
D.3 POLICY FEES
Munich Re will not participate in any policy fees.
D.4 RECAPTURE PERIOD
[*]
D.5 SUBSTANDARD RATINGS
Premiums will be based on the standard rate increased by an extra [*] per
table of assessed rating.
Percentages are the same as those for standard life coverage.
D.6 FLAT EXTRAS
The total premium remitted to Munich Re will include the following
percentages of the policy annual flat extra premiums.
Type of Flat Extra Premium First Year Renewal
-------------------------- ---------- -------
Temporary (1-5 years) [*] [*]
Permanent (6 years & greater) [*] [*]
D.7 RIDERS AND BENEFITS
Total Disability Benefit Rider
Reinsurance premiums will be [*] of the Ceding Company's premiums, as shown
in this Exhibit, in the first policy year and [*] in renewal years.
Policy Split Option Rider
There is no reinsurance premiums due for the split option rider until it is
exercised. Once exercised, the following percentages of the 2001 Valuation
Basic Select and Ultimate Tables, Gender Distinct and Smoker Distinct, Age
Nearest Birthday Single Life rates shall apply on a point-in-scale basis:
First Year Renewal Years
---------- -------------
[*] [*]
--------------------------------------------------------------------------------
TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
2001 Valuation Basic Table -- Male -- Nonsmoker -- 1000qx (Age Nearest Birthday)
Issue Duration
Age
1 2 3 4 5 6 7 8 9 10 11 12 13 14
0
1
2
3 0.58
4 0.58 0.68
5 0.57 0.68 0.76
6 0.57 0.68 0.76 0.82
7 0.57 0.68 0.76 0.82 0.83
8 0.56 0.68 0.76 0.81 0.82 0.82
9 0.56 0.68 0.76 0.81 0.81 0.81 0.81
10 0.56 0.67 0.76 0.80 0.80 0.80 0.80 0.80
11 0.56 0.67 0.76 0.79 0.79 0.79 0.79 0.79 0.80
12 0.56 0.67 0.76 0.78 0.78 0.78 0.78 0.78 0.79 0.81
13 0.56 0.67 0.76 0.77 0.77 0.77 0.77 0.77 0.79 0.80 0.83
14 0.56 0.67 0.76 0.77 0.77 0.77 0.77 0.77 0.77 0.79 0.82 0.83
15 0.56 0.67 0.76 0.76 0.76 0.76 0.76 0.76 0.76 0.78 0.80 0.83 0.83
16 0.56 0.67 0.75 0.75 0.75 0.75 0.75 0.75 0.75 0.76 0.78 0.81 0.82 0.83
17 0.67 0.74 0.74 0.74 0.74 0.74 0.74 0.74 0.75 0.77 0.78 0.80 0.80 0.80
18 0.73 0.73 0.73 0.73 0.73 0.73 0.73 0.73 0.75 0.75 0.76 0.77 0.77 0.79
19 0.70 0.70 0.70 0.70 0.70 0.70 0.70 0.72 0.72 0.72 0.73 0.73 0.74 0.77
20 0.66 0.66 0.66 0.66 0.66 0.67 0.67 0.68 0.68 0.68 0.69 0.70 0.72 0.76
21 0.60 0.60 0.60 0.60 0.61 0.62 0.63 0.63 0.64 0.65 0.66 0.69 0.72 0.77
22 0.55 0.55 0.55 0.56 0.58 0.58 0.59 0.60 0.60 0.63 0.65 0.68 0.72 0.79
23 0.49 0.49 0.51 0.53 0.55 0.56 0.57 0.58 0.59 0.62 0.65 0.68 0.74 0.81
24 0.43 0.44 0.48 0.51 0.54 0.55 0.56 0.58 0.60 0.63 0.67 0.71 0.77 0.85
25 0.35 0.40 0.46 0.51 0.53 0.55 0.57 0.58 0.62 0.66 0.70 0.75 0.82 0.91
26 0.32 0.39 0.46 0.52 0.54 0.56 0.57 0.61 0.64 0.69 0.74 0.80 0.88 0.99
27 0.30 0.39 0.46 0.53 0.56 0.57 0.61 0.64 0.68 0.74 0.80 0.87 0.96 1.09
28 0.30 0.39 0.47 0.53 0.57 0.60 0.63 0.68 0.73 0.79 0.87 0.96 1.06 1.20
29 0.29 0.39 0.48 0.54 0.60 0.63 0.68 0.73 0.78 0.87 0.96 1.06 1.17 1.30
30 0.28 0.39 0.47 0.55 0.62 0.68 0.73 0.78 0.86 0.95 1.04 1.14 1.26 1.42
31 0.27 0.38 0.47 0.55 0.63 0.71 0.78 0.84 0.91 0.99 1.09 1.22 1.38 1.57
32 0.26 0.36 0.47 0.55 0.64 0.72 0.80 0.87 0.94 1.02 1.14 1.31 1.53 1.76
33 0.27 0.38 0.48 0.58 0.67 0.76 0.85 0.91 0.98 1.07 1.21 1.42 1.68 1.92
34 0.29 0.39 0.51 0.60 0.71 0.80 0.90 0.97 1.05 1.16 1.34 1.57 1.83 2.09
35 0.31 0.41 0.52 0.63 0.73 0.84 0.94 1.04 1.15 1.30 1.49 1.72 1.98 2.24
36 0.32 0.43 0.54 0.65 0.77 0.87 0.99 1.14 1.29 1.47 1.66 1.89 2.15 2.43
37 0.34 0.44 0.56 0.67 0.78 0.91 1.07 1.26 1.45 1.63 1.82 2.03 2.31 2.63
38 0.37 0.49 0.61 0.71 0.83 0.98 1.18 1.40 1.61 1.79 1.97 2.20 2.49 2.82
39 0.40 0.54 0.66 0.77 0.90 1.08 1.32 1.54 1.76 1.94 2.13 2.38 2.70 3.06
40 0.43 0.58 0.71 0.83 0.99 1.21 1.46 1.70 1.89 2.09 2.32 2.62 2.96 3.34
41 0.45 0.63 0.79 0.94 1.12 1.36 1.62 1.84 2.06 2.29 2.57 2.91 3.28 3.69
42 0.48 0.70 0.89 1.06 1.26 1.50 1.76 2.00 2.25 2.53 2.86 3.23 3.64 4.13
43 0.51 0.73 0.95 1.14 1.35 1.59 1.87 2.14 2.44 2.76 3.13 3.56 4.08 4.62
44 0.54 0.78 1.00 1.20 1.41 1.68 1.99 2.33 2.65 3.01 3.41 3.98 4.56 5.10
45 0.60 0.84 1.05 1.26 1.51 1.80 2.16 2.53 2.92 3.29 3.79 4.46 5.03 5.52
46 0.65 0.88 1.09 1.32 1.61 1.97 2.37 2.80 3.22 3.67 4.26 4.93 5.48 5.97
47 0.71 0.92 1.14 1.41 1.75 2.14 2.60 3.08 3.55 4.12 4.72 5.37 5.92 6.59
48 0.77 0.99 1.24 1.54 1.89 2.31 2.81 3.35 3.89 4.56 5.14 5.80 6.46 7.35
49 0.81 1.08 1.37 1.69 2.06 2.50 3.03 3.65 4.22 4.88 5.55 6.33 7.21 8.27
[2001 Valuation Basic Table -- Male -- Nonsmoker -- 1000qx (Age Nearest Birthday) (ages 0 - 49) chart continued on this page]
Att
15 16 17 18 19 20 21 22 23 24 25 Ultimate Age
0.66 0.77 0.83 0.85 0.85 0.85 0.85 0.85 0.85 0.86 25
0.63 0.73 0.81 0.84 0.85 0.85 0.85 0.85 0.85 0.86 0.89 26
0.60 0.70 0.78 0.83 0.84 0.85 0.85 0.85 0.85 0.86 0.88 0.93 27
0.68 0.76 0.82 0.84 0.85 0.85 0.85 0.85 0.86 0.87 0.90 0.91 28
0.76 0.82 0.84 0.85 0.85 0.85 0.85 0.86 0.87 0.88 0.88 0.88 29
0.82 0.84 0.85 0.85 0.85 0.85 0.86 0.86 0.86 0.86 0.86 0.86 30
0.84 0.84 0.84 0.84 0.84 0.84 0.84 0.84 0.84 0.84 0.84 0.84 31
0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.83 32
0.82 0.82 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.84 33
0.81 0.81 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.84 0.85 34
0.81 0.82 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.84 0.85 0.87 35
0.81 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.84 0.85 0.87 0.91 36
0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.84 0.85 0.87 0.91 0.95 37
0.83 0.83 0.83 0.83 0.83 0.83 0.84 0.85 0.87 0.91 0.95 1.02 38
0.83 0.83 0.83 0.83 0.83 0.84 0.85 0.87 0.91 0.95 1.02 1.09 39
0.83 0.83 0.83 0.83 0.84 0.85 0.87 0.91 0.95 1.02 1.09 1.16 40
0.83 0.83 0.83 0.84 0.85 0.87 0.91 0.95 1.02 1.09 1.16 1.26 41
0.80 0.80 0.84 0.85 0.87 0.91 0.95 1.02 1.09 1.16 1.26 1.39 42
0.80 0.80 0.85 0.86 0.91 0.95 1.02 1.09 1.16 1.26 1.39 1.53 43
0.80 0.82 0.86 0.91 0.95 1.02 1.08 1.16 1.26 1.39 1.53 1.71 44
0.82 0.86 0.90 0.95 1.02 1.08 1.16 1.26 1.39 1.53 1.71 1.91 45
0.84 0.90 0.95 1.02 1.08 1.16 1.26 1.39 1.53 1.71 1.91 2.10 46
0.87 0.95 1.02 1.08 1.16 1.26 1.39 1.53 1.71 1.91 2.10 2.31 47
0.91 1.01 1.08 1.16 1.26 1.39 1.53 1.71 1.91 2.10 2.31 2.42 48
0.97 1.07 1.16 1.26 1.39 1.53 1.71 1.91 2.10 2.29 2.42 2.55 49
1.03 1.15 1.26 1.39 1.53 1.71 1.91 2.10 2.27 2.42 2.55 2.74 50
1.11 1.26 1.39 1.53 1.71 1.91 2.10 2.27 2.41 2.55 2.74 2.97 51
1.21 1.38 1.53 1.71 1.90 2.10 2.26 2.40 2.55 2.74 2.97 3.29 52
1.34 1.53 1.70 1.89 2.10 2.25 2.40 2.55 2.74 2.97 3.29 3.65 53
1.48 1.69 1.88 2.09 2.25 2.39 2.55 2.74 2.97 3.29 3.65 4.11 54
1.61 1.84 2.04 2.22 2.39 2.55 2.74 2.97 3.27 3.65 4.08 4.68 55
1.80 2.01 2.20 2.37 2.54 2.73 2.95 3.25 3.64 4.08 4.57 5.26 56
1.99 2.18 2.37 2.54 2.73 2.95 3.24 3.64 4.06 4.53 5.10 5.89 57
2.14 2.34 2.53 2.73 2.95 3.23 3.63 4.04 4.50 5.04 5.62 6.41 58
2.31 2.50 2.72 2.95 3.23 3.59 4.00 4.46 4.99 5.56 6.14 7.02 59
2.48 2.70 2.95 3.23 3.58 3.96 4.41 4.93 5.49 6.07 6.68 7.76 60
2.69 2.95 3.23 3.56 3.94 4.35 4.88 5.43 6.01 6.65 7.31 8.67 61
2.93 3.23 3.55 3.91 4.33 4.81 5.36 5.94 6.58 7.29 8.15 9.80 62
3.17 3.52 3.90 4.31 4.78 5.29 5.87 6.52 7.26 8.12 9.25 11.07 63
3.44 3.85 4.27 4.76 5.27 5.81 6.45 7.22 8.09 9.21 10.49 12.40 64
3.76 4.21 4.71 5.24 5.79 6.39 7.16 8.04 9.15 10.37 11.71 13.80 65
4.17 4.68 5.20 5.76 6.38 7.09 7.99 9.08 10.27 11.65 12.87 15.21 66
4.68 5.16 5.70 6.34 7.08 7.92 8.99 10.17 11.50 12.80 13.88 16.63 67
5.15 5.61 6.28 7.03 7.90 8.89 10.06 11.30 12.59 13.80 15.22 18.16 68
5.59 6.19 6.96 7.85 8.85 9.93 11.15 12.42 13.69 15.01 16.63 19.73 69
6.07 6.85 7.77 8.78 9.86 10.99 12.23 13.50 14.77 16.51 18.48 21.65 70
6.76 7.69 8.73 9.84 10.97 12.11 13.34 14.58 16.25 18.37 20.77 23.80 71
7.57 8.66 9.81 10.97 12.11 13.23 14.39 16.00 18.09 20.66 23.47 26.68 72
8.52 9.76 10.95 12.11 13.23 14.26 15.77 17.81 20.35 23.34 26.34 29.70 73
9.57 10.93 12.11 13.23 14.24 15.55 17.56 20.06 22.99 26.21 29.30 32.86 74
2001 Valuation Basic Table -- Male -- Nonsmoker -- 1000qx (Age Nearest Birthday)
Issue Duration
Age
1 2 3 4 5 6 7 8 9 10 11 12 13 14
50 0.89 1.19 1.51 1.86 2.23 2.69 3.28 3.93 4.52 5.20 6.03 7.06 8.19 9.43
51 0.98 1.34 1.70 2.06 2.44 2.92 3.51 4.16 4.84 5.63 6.68 8.02 9.34 10.63
52 1.07 1.49 1.90 2.29 2.68 3.14 3.74 4.45 5.25 6.26 7.56 9.12 10.52 11.42
53 1.11 1.61 2.07 2.52 2.94 3.43 4.09 4.93 5.86 7.10 8.62 10.29 11.31 12.45
54 1.15 1.73 2.27 2.74 3.18 3.75 4.54 5.55 6.64 8.09 9.70 11.04 12.32 13.67
55 1.19 1.86 2.46 2.94 3.44 4.14 5.11 6.28 7.50 9.04 10.34 11.95 13.52 15.09
56 1.24 1.99 2.63 3.18 3.77 4.63 5.77 7.08 8.37 9.62 11.17 13.01 14.90 16.75
57 1.29 2.09 2.81 3.47 4.20 5.21 6.49 7.88 9.20 10.72 12.52 14.53 16.53 18.80
58 1.39 2.23 3.02 3.81 4.73 5.88 7.23 8.63 9.93 11.64 13.68 16.12 18.55 21.18
59 1.52 2.39 3.28 4.22 5.31 6.58 7.98 9.34 10.60 12.52 14.85 17.75 20.90 23.74
60 1.70 2.59 3.57 4.67 5.91 7.28 8.70 10.04 11.29 13.46 16.18 19.44 23.16 26.36
61 1.91 2.83 3.89 5.11 6.51 7.98 9.41 10.72 11.98 14.49 17.53 21.01 24.85 29.11
62 2.15 3.10 4.25 5.60 7.13 8.70 10.17 11.52 12.86 15.66 18.90 22.50 26.53 31.12
63 2.30 3.42 4.74 6.23 7.86 9.52 11.09 12.56 14.07 17.07 20.47 24.27 28.62 33.70
64 2.41 3.76 5.27 6.91 8.68 10.45 12.17 13.84 15.55 18.72 22.33 26.48 31.32 37.04
65 2.47 4.09 5.83 7.68 9.59 11.51 13.38 15.24 17.17 20.57 24.52 29.15 34.62 41.18
66 2.51 4.61 6.53 8.52 10.69 12.74 14.71 16.73 18.93 22.65 27.07 32.29 38.56 46.04
67 2.68 5.20 7.30 9.45 11.94 14.09 16.19 18.35 20.81 24.97 29.95 35.94 43.08 51.30
68 3.11 5.85 8.17 10.49 13.07 15.65 18.19 20.72 23.29 28.04 33.79 40.65 48.56 57.92
69 3.52 6.59 9.15 11.64 13.69 17.46 20.03 22.50 25.41 30.83 37.32 44.82 53.70 63.56
70 3.96 7.42 10.23 12.92 14.29 19.35 21.73 24.36 29.77 36.13 43.48 52.18 61.86 72.82
71 5.12 8.37 11.45 13.60 16.68 20.98 23.34 29.46 33.26 40.29 48.58 57.85 68.36 80.47
72 6.61 9.43 12.82 15.90 19.04 22.34 25.90 29.84 34.37 42.01 50.51 60.20 71.41 84.47
73 7.76 11.57 14.98 18.03 20.88 23.79 27.05 32.84 36.34 44.28 53.29 63.73 75.93 90.04
74 9.19 12.82 16.47 19.94 23.05 25.96 31.36 35.20 39.28 48.05 57.91 69.45 82.84 98.18
75 10.86 13.68 17.86 22.29 25.20 29.93 34.07 38.44 47.98 57.38 68.97 82.28 97.55 114.77
76 11.16 15.26 19.75 24.44 28.52 32.92 37.53 46.25 56.86 68.49 81.73 96.92 114.06 133.15
77 11.50 16.52 21.73 27.19 31.83 36.65 44.61 55.42 62.68 78.49 93.31 110.06 128.75 149.34
78 12.21 17.77 23.85 30.78 35.81 43.03 54.04 61.90 78.17 93.21 109.94 128.60 149.17 165.54
79 13.14 19.33 26.64 34.99 41.54 52.70 61.15 76.89 83.87 99.88 117.52 137.03 157.11 178.13
80 14.13 21.51 30.14 40.09 51.42 60.40 75.65 82.96 95.96 113.48 132.60 152.32 173.85 210.27
81 15.38 24.31 34.66 46.46 59.74 74.47 82.09 95.04 108.69 127.63 146.94 172.66 210.09 225.56
82 17.06 28.00 40.37 54.20 69.48 81.26 94.17 107.84 114.86 146.71 172.53 209.93 225.39 241.65
83 19.65 32.82 47.35 63.24 80.51 93.33 107.03 114.13 146.18 172.41 209.78 225.23 241.49 256.08
84 23.55 38.90 55.52 73.42 92.51 106.26 113.42 145.53 171.99 209.65 225.09 241.34 255.93 271.36
85 28.89 46.29 64.88 84.51 105.50 112.74 144.92 171.60 209.19 224.97 241.21 255.80 271.22 287.54
86 35.59 54.95 75.38 97.01 112.09 144.33 171.06 208.76 224.52 241.09 255.67 271.10 287.42 304.68
87 43.42 65.29 88.02 111.44 143.79 170.55 208.38 224.11 240.66 255.57 270.99 287.30 304.57 322.81
88 52.86 78.07 103.36 143.23 170.08 208.02 223.74 240.27 255.17 270.89 287.21 304.47 322.72 342.00
89 65.22 94.02 137.72 169.60 207.71 223.40 239.92 254.80 270.53 287.12 304.38 322.63 341.93 362.33
90 81.90 131.34 165.80 207.39 223.09 239.59 254.47 270.19 286.79 304.31 322.56 341.87 362.29 383.85
91 123.13 161.42 207.08 222.79 239.30 254.17 269.89 286.49 304.02 322.50 341.81 362.24 383.82 406.63
92 155.82 206.76 222.48 239.02 253.90 269.62 286.22 303.77 322.26 341.76 362.20 383.80 406.63 430.21
93 206.45 222.18 238.73 253.64 269.37 285.98 303.53 322.05 341.57 362.17 383.78 406.63 430.21 455.16
94 221.88 238.44 253.37 269.12 285.76 303.32 321.85 341.41 362.03 383.76 406.63 430.21 455.16 481.56
95 238.15 253.10 268.88 285.54 303.12 321.67 341.25 361.92 383.70 406.63 430.21 455.16 481.56 509.49
96 252.83 268.63 285.32 302.93 321.51 341.11 361.81 383.64 406.63 430.21 455.16 481.56 509.49 539.05
97 268.38 285.10 302.74 321.35 340.98 361.71 383.58 406.63 430.21 455.16 481.56 509.49 539.05 570.31
98 284.88 302.55 321.19 340.86 361.62 383.53 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39
99 302.36 321.03 340.73 361.54 383.48 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38
100 319.84 339.51 360.27 382.22 405.34 429.73 453.79 480.11 507.96 537.42 568.61 601.57 636.47 673.37
[2001 Valuation Basic Table -- Male -- Nonsmoker -- 1000qx (Age Nearest Birthday) (ages 50 - 100) chart continued on this page]
Att
15 16 17 18 19 20 21 22 23 24 25 Ultimate Age
10.73 12.11 13.21 14.21 15.49 17.33 19.78 22.67 25.81 29.14 32.37 36.32 75
11.79 13.19 14.17 15.41 17.25 19.52 22.36 25.46 28.72 32.22 35.74 40.08 76
12.79 14.13 15.33 17.15 19.40 22.08 25.13 28.35 31.78 35.59 39.52 44.47 77
13.81 15.25 17.05 19.28 21.68 24.83 27.99 31.37 35.12 39.38 43.88 49.61 78
15.17 16.95 19.16 21.60 24.37 27.68 31.01 34.69 38.88 43.74 48.96 55.56 79
16.85 19.04 21.52 24.15 27.15 30.67 34.30 38.42 43.20 48.84 54.86 62.05 80
18.92 21.50 24.13 26.85 30.02 33.88 37.95 42.67 48.23 54.71 61.28 69.45 81
21.47 24.10 26.82 29.67 33.16 37.50 42.15 47.64 54.05 61.13 68.60 77.12 82
24.06 26.78 29.64 32.76 36.68 41.66 47.07 53.40 60.40 68.45 76.20 85.36 83
26.72 29.58 32.71 36.24 40.74 46.54 52.77 59.68 67.64 76.05 84.35 94.49 84
29.51 32.64 36.17 40.24 45.50 52.18 58.99 66.84 75.13 84.16 93.33 104.68 85
32.55 36.08 40.16 44.92 50.99 58.34 66.08 74.26 83.18 93.15 103.43 115.99 86
35.98 40.05 44.81 50.34 57.00 65.38 73.44 82.24 92.08 103.26 114.64 128.32 87
39.68 44.68 50.21 56.25 63.86 72.68 81.36 91.09 102.12 114.49 126.86 141.51 88
43.89 50.05 56.09 63.00 70.98 80.54 90.14 101.04 113.25 126.73 139.93 155.38 89
49.01 55.90 62.81 70.02 78.63 89.25 100.02 112.09 125.40 139.84 153.70 169.81 90
54.64 62.65 69.82 77.55 87.07 98.96 110.89 124.07 138.34 153.59 167.99 183.19 91
61.01 69.66 77.36 85.90 96.59 109.74 122.77 136.88 151.96 167.89 181.24 197.07 92
68.29 77.20 85.71 95.31 107.13 121.50 135.46 150.38 166.14 181.16 195.01 211.63 93
74.74 85.57 95.12 105.75 118.64 134.08 148.85 164.43 179.30 194.94 211.55 226.96 94
85.45 94.99 105.57 117.15 130.97 147.35 162.76 177.45 192.91 211.50 226.83 242.98 95
94.57 105.45 116.98 129.35 143.97 161.14 175.68 190.97 211.47 226.76 242.88 257.32 96
99.56 116.78 129.20 142.22 157.49 173.96 189.09 211.44 226.72 242.86 257.32 272.49 97
106.19 124.37 142.10 155.63 170.07 187.28 211.41 226.69 242.80 257.32 272.49 288.55 98
115.49 134.77 155.54 168.11 183.15 211.38 226.66 242.76 257.32 272.49 288.55 305.55 99
133.96 155.54 168.06 181.09 211.35 226.63 242.72 257.32 272.49 288.55 305.55 323.54 100
154.18 167.80 180.79 211.32 226.60 242.68 257.32 272.49 288.55 305.55 323.54 342.58 101
165.74 180.53 211.00 226.57 242.64 257.32 272.49 288.55 305.55 323.54 342.58 362.74 102
180.29 210.72 226.26 242.60 257.28 272.49 288.55 305.55 323.54 342.58 362.74 384.06 103
210.48 225.99 242.31 256.96 272.45 288.55 305.55 323.54 342.58 362.74 384.06 406.63 104
225.76 242.05 256.69 272.16 288.51 305.55 323.54 342.58 362.74 384.06 406.63 430.21 105
241.84 256.46 271.91 288.25 305.52 323.54 342.58 362.74 384.06 406.63 430.21 455.16 106
256.26 271.70 288.03 305.29 323.51 342.58 362.74 384.06 406.63 430.21 455.16 481.56 107
271.52 287.84 305.10 323.32 342.55 362.74 384.06 406.63 430.21 455.16 481.56 509.49 108
287.68 304.94 323.16 342.41 362.71 384.06 406.63 430.21 455.16 481.56 509.49 539.05 109
304.80 323.03 342.28 362.61 384.05 406.63 430.21 455.16 481.56 509.49 539.05 570.31 110
322.91 342.18 362.53 384.00 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 111
342.08 362.45 383.95 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38 112
362.39 383.91 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38 675.41 113
383.88 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38 675.41 714.58 114
406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38 675.41 714.58 756.03 115
430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38 675.41 714.58 756.03 799.88 116
455.16 481.56 509.49 539.05 570.31 603.39 638.38 675.41 714.58 756.03 799.88 846.27 117
481.56 509.49 539.05 570.31 603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 118
509.49 539.05 570.31 603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 119
539.05 570.31 603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00 120
570.31 603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00 1000.00
603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00 1000.00 1000.00
638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00 1000.00 1000.00 1000.00
675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00 1000.00 1000.00 1000.00 1000.00
712.44 753.75 797.48 843.73 892.66 944.45 999.22
2001 Valuation Basic Table -- Male -- Smoker -- 1000qx (Age Nearest Birthday)
Issue Duration
Age
1 2 3 4 5 6 7 8 9 10 11 12 13 14
0
1
2
3 0.62
4 0.62 0.78
5 0.61 0.78 0.93
6 0.61 0.78 0.93 1.06
7 0.61 0.78 0.93 1.06 1.14
8 0.60 0.78 0.93 1.05 1.13 1.19
9 0.60 0.78 0.93 1.05 1.13 1.19 1.24
10 0.60 0.77 0.93 1.05 1.13 1.18 1.22 1.27
11 0.60 0.77 0.93 1.03 1.11 1.16 1.21 1.26 1.33
12 0.60 0.77 0.93 1.03 1.10 1.15 1.20 1.24 1.32 1.41
13 0.60 0.77 0.93 1.02 1.09 1.14 1.18 1.23 1.30 1.38 1.46
14 0.60 0.77 0.93 1.02 1.08 1.12 1.17 1.21 1.27 1.36 1.44 1.51
15 0.60 0.77 0.93 1.01 1.05 1.11 1.15 1.20 1.26 1.35 1.41 1.50 1.53
16 0.60 0.77 0.93 1.01 1.05 1.09 1.14 1.18 1.24 1.31 1.38 1.45 1.50 1.55
17 0.77 0.93 1.01 1.04 1.08 1.14 1.18 1.22 1.30 1.35 1.40 1.45 1.48 1.52
18 0.93 0.99 1.03 1.07 1.11 1.15 1.21 1.27 1.32 1.35 1.38 1.42 1.45 1.50
19 0.95 0.99 1.03 1.07 1.11 1.16 1.22 1.27 1.30 1.32 1.35 1.37 1.42 1.49
20 0.93 0.97 1.01 1.05 1.09 1.16 1.19 1.22 1.25 1.27 1.30 1.33 1.40 1.50
21 0.89 0.93 0.96 1.00 1.06 1.09 1.14 1.15 1.19 1.22 1.27 1.33 1.42 1.54
22 0.84 0.88 0.91 0.97 1.01 1.04 1.07 1.10 1.13 1.20 1.26 1.33 1.43 1.58
23 0.79 0.82 0.88 0.94 0.98 1.03 1.05 1.08 1.13 1.20 1.28 1.37 1.50 1.65
24 0.71 0.77 0.84 0.92 0.98 1.02 1.05 1.10 1.16 1.25 1.33 1.43 1.56 1.75
25 0.61 0.70 0.82 0.93 0.99 1.04 1.08 1.13 1.21 1.31 1.41 1.52 1.68 1.88
26 0.56 0.69 0.83 0.96 1.02 1.06 1.11 1.19 1.27 1.39 1.51 1.64 1.81 2.06
27 0.53 0.70 0.86 0.98 1.06 1.11 1.19 1.27 1.37 1.51 1.64 1.80 1.98 2.27
28 0.54 0.73 0.89 1.01 1.11 1.17 1.25 1.35 1.47 1.63 1.80 1.98 2.21 2.51
29 0.53 0.74 0.91 1.04 1.17 1.25 1.35 1.47 1.59 1.80 1.98 2.21 2.44 2.75
30 0.54 0.75 0.91 1.07 1.22 1.35 1.47 1.59 1.76 1.98 2.17 2.40 2.66 3.00
31 0.51 0.74 0.92 1.10 1.27 1.44 1.59 1.73 1.89 2.08 2.29 2.58 2.93 3.35
32 0.50 0.71 0.93 1.11 1.30 1.47 1.66 1.82 1.97 2.15 2.42 2.79 3.27 3.78
33 0.54 0.76 0.97 1.18 1.38 1.57 1.76 1.92 2.08 2.28 2.60 3.05 3.62 4.15
34 0.58 0.80 1.04 1.24 1.47 1.68 1.89 2.07 2.25 2.50 2.88 3.39 3.96 4.53
35 0.63 0.85 1.09 1.31 1.54 1.79 2.00 2.23 2.49 2.82 3.24 3.75 4.32 4.90
36 0.67 0.89 1.13 1.37 1.62 1.85 2.12 2.45 2.80 3.21 3.63 4.13 4.70 5.32
37 0.71 0.91 1.17 1.42 1.67 1.95 2.30 2.73 3.16 3.57 3.99 4.47 5.09 5.77
38 0.76 1.02 1.29 1.52 1.77 2.11 2.56 3.06 3.53 3.95 4.36 4.86 5.49 6.24
39 0.84 1.14 1.40 1.63 1.92 2.33 2.87 3.38 3.88 4.30 4.72 5.28 5.99 6.78
40 0.90 1.23 1.52 1.79 2.14 2.64 3.19 3.74 4.20 4.67 5.19 5.85 6.60 7.45
41 0.96 1.33 1.70 2.02 2.43 2.98 3.57 4.09 4.59 5.14 5.78 6.52 7.35 8.25
42 1.02 1.49 1.91 2.30 2.75 3.30 3.89 4.46 5.04 5.72 6.45 7.27 8.20 9.26
43 1.08 1.57 2.05 2.48 2.95 3.51 4.16 4.81 5.50 6.28 7.09 8.07 9.21 10.41
44 1.16 1.69 2.17 2.62 3.12 3.73 4.45 5.24 6.02 6.88 7.78 9.05 10.35 11.41
45 1.29 1.81 2.30 2.77 3.34 4.02 4.87 5.74 6.66 7.57 8.69 10.20 11.41 12.25
46 1.42 1.92 2.40 2.91 3.58 4.39 5.30 6.30 7.29 8.35 9.66 11.12 12.25 13.06
47 1.56 2.03 2.51 3.12 3.90 4.78 5.80 6.90 7.97 9.28 10.57 11.94 13.06 14.06
48 1.71 2.20 2.76 3.42 4.21 5.14 6.25 7.45 8.66 10.14 11.34 12.73 14.06 15.47
49 1.83 2.43 3.06 3.78 4.59 5.55 6.72 8.06 9.30 10.73 12.10 13.69 15.45 17.33
[2001 Valuation Basic Table -- Male -- Smoker -- 1000qx (Age Nearest Birthday) (ages 0 - 49) chart continued on this page]
Att
15 16 17 18 19 20 21 22 23 24 25 Ultimate Age
0.70 0.88 1.01 1.11 1.17 1.22 1.28 1.34 1.41 1.49 25
0.67 0.84 0.99 1.08 1.15 1.22 1.28 1.34 1.41 1.49 1.57 26
0.64 0.80 0.95 1.07 1.15 1.22 1.28 1.34 1.41 1.49 1.56 1.66 27
0.78 0.93 1.06 1.15 1.22 1.28 1.34 1.41 1.49 1.54 1.61 1.66 28
0.93 1.06 1.14 1.22 1.28 1.34 1.41 1.49 1.54 1.59 1.61 1.64 29
1.06 1.14 1.22 1.28 1.34 1.41 1.49 1.54 1.56 1.58 1.60 1.62 30
1.14 1.22 1.27 1.33 1.41 1.49 1.51 1.53 1.55 1.57 1.59 1.61 31
1.20 1.27 1.31 1.39 1.47 1.49 1.51 1.53 1.55 1.57 1.59 1.61 32
1.25 1.30 1.38 1.46 1.49 1.51 1.53 1.55 1.57 1.59 1.61 1.65 33
1.29 1.35 1.44 1.49 1.51 1.53 1.55 1.57 1.59 1.61 1.65 1.71 34
1.35 1.42 1.49 1.51 1.53 1.55 1.57 1.59 1.61 1.65 1.71 1.75 35
1.41 1.48 1.51 1.53 1.55 1.57 1.59 1.61 1.65 1.71 1.75 1.85 36
1.48 1.51 1.53 1.55 1.57 1.59 1.61 1.65 1.71 1.75 1.85 1.95 37
1.51 1.53 1.55 1.57 1.59 1.61 1.65 1.71 1.75 1.85 1.95 2.10 38
1.53 1.55 1.57 1.59 1.61 1.65 1.71 1.75 1.85 1.95 2.10 2.25 39
1.55 1.57 1.59 1.61 1.65 1.71 1.75 1.85 1.95 2.10 2.25 2.43 40
1.57 1.59 1.61 1.65 1.70 1.75 1.85 1.95 2.10 2.25 2.43 2.66 41
1.54 1.56 1.65 1.70 1.75 1.84 1.94 2.10 2.25 2.43 2.66 2.94 42
1.56 1.57 1.70 1.74 1.84 1.94 2.10 2.25 2.43 2.66 2.94 3.27 43
1.57 1.64 1.74 1.84 1.94 2.09 2.25 2.42 2.66 2.94 3.27 3.67 44
1.64 1.74 1.84 1.94 2.09 2.25 2.42 2.65 2.94 3.27 3.67 4.09 45
1.69 1.84 1.94 2.09 2.25 2.42 2.65 2.94 3.27 3.67 4.09 4.48 46
1.77 1.94 2.09 2.25 2.42 2.65 2.94 3.27 3.67 4.09 4.48 4.91 47
1.87 2.08 2.25 2.42 2.65 2.94 3.27 3.67 4.06 4.48 4.91 5.13 48
2.01 2.22 2.42 2.65 2.94 3.27 3.66 4.06 4.48 4.87 5.13 5.39 49
2.13 2.41 2.65 2.94 3.27 3.65 4.06 4.48 4.84 5.13 5.39 5.77 50
2.32 2.64 2.94 3.27 3.64 4.06 4.48 4.84 5.13 5.39 5.77 6.24 51
2.53 2.91 3.27 3.63 4.06 4.48 4.83 5.13 5.39 5.77 6.24 6.88 52
2.82 3.23 3.62 4.06 4.48 4.82 5.13 5.39 5.77 6.24 6.88 7.62 53
3.13 3.60 4.06 4.48 4.81 5.13 5.39 5.77 6.24 6.88 7.62 8.55 54
3.44 3.93 4.39 4.80 5.13 5.39 5.77 6.24 6.88 7.62 8.48 9.60 55
3.84 4.32 4.74 5.13 5.39 5.77 6.24 6.88 7.62 8.48 9.38 10.67 56
4.27 4.71 5.12 5.39 5.77 6.24 6.88 7.62 8.48 9.38 10.44 11.80 57
4.63 5.07 5.39 5.77 6.24 6.88 7.62 8.48 9.37 10.44 11.41 12.67 58
5.01 5.39 5.77 6.24 6.88 7.62 8.48 9.37 10.44 11.41 12.25 13.68 59
5.39 5.77 6.24 6.88 7.62 8.48 9.37 10.44 11.41 12.25 13.06 14.92 60
5.77 6.24 6.88 7.62 8.48 9.37 10.44 11.41 12.25 13.06 14.06 16.46 61
6.24 6.88 7.62 8.48 9.37 10.44 11.41 12.25 13.06 14.06 15.47 18.34 62
6.88 7.62 8.48 9.37 10.44 11.41 12.25 13.06 14.06 15.47 17.33 20.43 63
7.62 8.48 9.37 10.44 11.41 12.25 13.06 14.06 15.47 17.33 19.48 22.56 64
8.35 9.36 10.44 11.41 12.25 13.06 14.06 15.47 17.33 19.48 21.62 24.65 65
9.32 10.44 11.41 12.25 13.06 14.06 15.47 17.33 19.48 21.62 23.01 26.65 66
10.44 11.41 12.25 13.06 14.06 15.47 17.33 19.48 21.62 23.01 24.34 28.57 67
11.41 12.25 13.06 14.06 15.47 17.33 19.48 21.62 23.01 24.34 26.19 30.59 68
12.25 13.06 14.06 15.47 17.33 19.48 21.62 23.01 24.34 26.19 28.31 32.57 69
13.06 14.06 15.47 17.33 19.48 21.62 23.01 24.34 26.19 28.31 30.83 34.99 70
14.06 15.47 17.33 19.48 21.62 23.01 24.34 26.19 28.31 30.83 33.98 37.64 71
15.47 17.33 19.48 21.62 23.01 24.34 26.19 28.31 30.83 33.98 37.58 41.30 72
17.33 19.48 21.62 23.01 24.34 26.19 28.31 30.83 33.98 37.58 41.30 44.96 73
19.48 21.62 23.01 24.34 26.19 28.31 30.83 33.98 37.58 41.30 44.96 48.63 74
2001 Valuation Basic Table -- Male -- Smoker -- 1000qx (Age Nearest Birthday)
Issue Duration
Age
1 2 3 4 5 6 7 8 9 10 11 12 13 14
50 2.02 2.70 3.41 4.16 4.98 5.97 7.25 8.62 9.88 11.32 12.98 15.05 17.27 19.48
51 2.25 3.05 3.84 4.65 5.46 6.48 7.71 9.09 10.49 12.10 14.19 16.85 19.38 21.62
52 2.50 3.43 4.34 5.17 6.00 6.96 8.20 9.66 11.28 13.30 15.85 18.88 21.48 22.99
53 2.62 3.74 4.76 5.70 6.57 7.58 8.93 10.63 12.47 14.92 17.83 20.97 22.69 24.34
54 2.72 4.05 5.24 6.24 7.13 8.27 9.88 11.89 14.00 16.79 19.79 22.16 24.31 26.19
55 2.85 4.40 5.71 6.72 7.73 9.12 11.06 13.36 15.67 18.53 20.82 23.61 26.19 28.31
56 2.97 4.67 6.08 7.23 8.43 10.16 12.44 15.00 17.41 19.63 22.36 25.53 28.31 30.83
57 3.06 4.90 6.46 7.85 9.35 11.40 13.95 16.63 19.06 21.78 24.91 28.29 30.83 33.98
58 3.30 5.19 6.92 8.59 10.47 12.81 15.47 18.12 20.46 23.55 27.06 30.83 33.98 37.58
59 3.59 5.54 7.48 9.47 11.70 14.27 16.99 19.52 21.77 25.22 29.21 33.98 37.58 41.30
60 3.99 5.99 8.12 10.43 12.99 15.72 18.43 20.90 23.06 26.99 31.62 37.02 41.30 44.96
61 4.46 6.51 8.81 11.38 14.23 17.15 19.85 22.21 24.37 28.92 34.07 39.70 44.96 48.63
62 5.00 7.11 9.57 12.40 15.52 18.62 21.37 23.76 26.03 31.12 36.49 42.20 48.26 52.82
63 5.33 7.81 10.63 13.75 17.03 20.28 23.20 25.80 28.36 33.77 39.28 45.16 51.58 57.47
64 5.56 8.55 11.78 15.18 18.73 22.17 25.34 28.30 31.20 36.85 42.60 48.89 55.90 62.74
65 5.68 9.26 12.96 16.79 20.60 24.29 27.74 31.02 34.31 40.31 46.50 53.41 61.20 68.86
66 5.72 10.29 14.32 18.32 22.57 26.36 29.83 33.24 36.83 43.16 49.92 57.58 66.42 75.84
67 6.03 11.46 15.77 20.01 24.75 28.58 32.10 35.59 39.42 46.20 53.68 62.33 72.23 83.04
68 6.92 12.74 17.40 21.84 26.58 31.09 35.25 39.17 42.91 50.34 58.81 68.52 79.20 91.29
69 7.73 14.16 19.19 23.83 27.33 33.96 37.91 41.46 45.52 53.64 63.02 73.36 85.13 97.48
70 8.61 15.74 21.14 25.98 27.97 36.81 40.17 43.70 51.77 60.88 71.15 82.85 95.23 108.58
71 11.00 17.51 23.29 26.89 32.00 39.04 42.08 48.56 56.13 65.68 76.99 89.04 102.11 116.55
72 14.04 19.46 25.67 30.88 35.81 40.64 45.54 50.64 56.24 66.16 77.41 89.72 103.40 118.75
73 16.29 23.56 29.53 34.38 38.46 42.30 46.35 54.16 57.57 67.31 78.91 91.87 106.48 122.75
74 19.08 25.74 31.95 37.32 41.57 45.07 52.33 56.34 60.20 74.65 89.48 96.73 112.39 129.65
75 22.26 27.08 34.07 40.94 44.50 50.71 55.31 59.98 72.61 88.31 95.76 111.46 128.81 147.67
76 22.42 29.60 36.97 44.06 49.46 54.83 59.86 70.63 87.16 95.29 110.42 128.41 147.44 163.87
77 22.62 31.41 39.87 48.09 54.20 59.74 69.99 86.02 95.07 109.90 124.78 143.71 159.99 178.26
78 23.51 33.08 42.89 53.39 59.62 69.18 84.90 94.85 109.39 121.55 136.23 156.20 175.96 195.12
79 24.75 35.22 46.92 59.50 68.10 83.79 94.63 108.88 119.96 132.64 152.50 173.69 194.47 222.69
80 26.02 38.36 51.99 66.82 82.70 94.41 108.37 118.40 131.13 148.38 169.44 190.16 222.69 235.97
81 27.68 42.41 58.52 75.85 94.19 107.86 116.86 130.23 146.04 164.26 189.53 222.69 235.97 249.66
82 29.99 47.74 66.68 86.63 107.36 115.34 129.33 145.25 161.92 188.90 222.69 235.97 249.66 264.85
83 33.74 54.67 76.47 98.94 113.84 128.44 144.46 159.62 188.27 222.69 235.97 249.66 264.85 277.90
84 39.45 63.29 87.65 112.36 127.56 143.68 157.35 187.64 222.69 235.97 249.66 264.85 277.90 291.56
85 47.19 73.49 100.05 126.68 142.90 155.11 187.02 222.69 235.97 249.66 264.85 277.90 291.56 305.86
86 56.64 85.33 113.87 142.13 152.90 186.40 222.69 235.97 249.66 264.85 277.90 291.56 305.86 320.83
87 67.57 99.08 129.75 150.73 185.78 222.69 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48
88 80.36 115.44 148.59 185.16 222.69 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85
89 96.43 135.33 184.55 222.69 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99
90 117.67 183.94 222.69 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90
91 171.79 219.76 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63
92 210.92 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21
93 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16
94 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16 481.56
95 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16 481.56 509.49
96 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16 481.56 509.49 539.05
97 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16 481.56 509.49 539.05 570.31
98 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39
99 320.83 336.48 352.85 369.98 387.90 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38
100 335.8 352.13 369.22 387.11 405.81 425.36 453.79 480.11 507.96 537.42 568.61 601.57 636.47 673.37
[2001 Valuation Basic Table -- Male -- Smoker -- 1000qx (Age Nearest Birthday) (ages 50 - 100) chart continued on this page]
Att
15 16 17 18 19 20 21 22 23 24 25 Ultimate Age
21.62 23.01 24.34 26.19 28.31 30.83 33.98 37.58 41.30 44.96 48.63 52.92 75
23.01 24.34 26.19 28.31 30.83 33.98 37.58 41.30 44.96 48.63 52.82 57.47 76
24.34 26.19 28.31 30.83 33.98 37.58 41.30 44.96 48.63 52.82 57.47 62.74 77
26.19 28.31 30.83 33.98 37.58 41.30 44.96 48.63 52.82 57.47 62.74 68.86 78
28.31 30.83 33.98 37.58 41.30 44.96 48.63 52.82 57.47 62.74 68.86 75.84 79
30.83 33.98 37.58 41.30 44.96 48.63 52.82 57.47 62.74 68.86 75.84 83.27 80
33.98 37.58 41.30 44.96 48.63 52.82 57.47 62.74 68.86 75.84 83.27 91.60 81
37.58 41.30 44.96 48.63 52.82 57.47 62.74 68.86 75.84 83.27 91.60 99.95 82
41.30 44.96 48.63 52.82 57.47 62.74 68.86 75.84 83.27 91.60 99.95 108.66 83
44.96 48.63 52.82 57.47 62.74 68.86 75.84 83.27 91.60 99.95 108.66 118.11 84
48.63 52.82 57.47 62.74 68.86 75.84 83.27 91.60 99.95 108.66 118.11 129.28 85
52.82 57.47 62.74 68.86 75.84 83.27 91.60 99.95 108.66 118.11 129.28 141.51 86
57.47 62.74 68.86 75.84 83.27 91.60 99.95 108.66 118.11 129.28 141.51 154.63 87
62.74 68.86 75.84 83.27 91.60 99.95 108.66 118.11 129.28 141.51 154.63 168.39 88
68.86 75.84 83.27 91.60 99.95 108.66 118.11 129.28 141.51 154.63 168.39 182.58 89
75.84 83.27 91.60 99.95 108.66 118.11 129.28 141.51 154.63 168.39 182.58 196.98 90
83.27 91.60 99.95 108.66 118.11 129.28 140.05 154.55 168.39 182.58 196.98 209.75 91
91.60 99.95 108.66 118.11 129.28 139.33 153.25 167.64 182.51 196.98 209.75 222.69 92
99.95 108.66 118.11 129.28 138.61 151.63 166.06 181.01 196.30 209.75 222.69 235.97 93
108.66 118.11 129.28 137.89 151.34 164.12 179.12 194.47 208.34 222.69 235.97 249.66 94
118.11 129.28 137.18 146.96 163.52 176.82 192.33 206.43 222.69 235.97 249.66 264.85 95
129.28 136.47 144.81 161.64 175.84 189.50 203.78 222.69 235.97 249.66 264.85 277.90 96
135.76 142.69 160.71 172.01 188.09 200.40 222.69 235.97 249.66 264.85 277.90 291.56 97
140.60 159.79 170.12 187.75 198.51 222.69 235.97 249.66 264.85 277.90 291.56 305.86 98
148.35 168.25 185.34 197.73 222.69 235.97 249.66 264.85 277.90 291.56 305.86 320.83 99
167.84 182.95 197.07 222.69 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 100
180.59 196.42 222.69 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 101
195.77 222.69 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 102
222.69 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 103
235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 104
249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 105
264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16 106
277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16 481.56 107
291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16 481.56 509.49 108
305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16 481.56 509.49 539.05 109
320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16 481.56 509.49 539.05 570.31 110
336.48 352.85 369.99 387.90 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 111
352.85 369.99 387.90 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38 112
369.99 387.90 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38 675.41 113
387.90 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38 675.41 714.58 114
406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38 675.41 714.58 756.03 115
430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38 675.41 714.58 756.03 799.88 116
455.16 481.56 509.49 539.05 570.31 603.39 638.38 675.41 714.58 756.03 799.88 846.27 117
481.56 509.49 539.05 570.31 603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 118
509.49 539.05 570.31 603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 119
539.05 570.31 603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00 120
570.31 603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00 1000.00
603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00 1000.00 1000.00
638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00 1000.00 1000.00 1000.00
675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00 1000.00 1000.00 1000.00 1000.00
712.44 753.75 797.48 843.73 892.66 944.45 999.22
2001 Valuation Basic Table -- Female -- Nonsmoker -- 1000qx (Age Nearest Birthday)
Issue Duration
Age
1 2 3 4 5 6 7 8 9 10 11 12 13 14
0
1
2
3 0.29
4 0.29 0.31
5 0.28 0.30 0.31
6 0.28 0.30 0.31 0.32
7 0.28 0.29 0.30 0.32 0.33
8 0.27 0.29 0.30 0.31 0.33 0.33
9 0.27 0.28 0.29 0.31 0.32 0.33 0.34
10 0.26 0.28 0.28 0.30 0.31 0.32 0.34 0.35
11 0.25 0.27 0.28 0.29 0.30 0.31 0.33 0.35 0.35
12 0.25 0.26 0.27 0.28 0.29 0.30 0.32 0.34 0.35 0.37
13 0.25 0.26 0.26 0.27 0.28 0.29 0.31 0.33 0.34 0.36 0.38
14 0.25 0.26 0.26 0.26 0.28 0.28 0.30 0.31 0.33 0.35 0.38 0.40
15 0.25 0.26 0.26 0.26 0.27 0.28 0.28 0.30 0.31 0.34 0.37 0.39 0.42
16 0.25 0.26 0.26 0.25 0.26 0.27 0.28 0.29 0.31 0.32 0.35 0.38 0.41 0.45
17 0.26 0.26 0.25 0.25 0.26 0.27 0.28 0.30 0.31 0.34 0.37 0.40 0.44 0.47
18 0.25 0.24 0.24 0.25 0.26 0.27 0.28 0.31 0.33 0.36 0.40 0.43 0.47 0.51
19 0.23 0.23 0.24 0.25 0.26 0.27 0.29 0.32 0.35 0.38 0.42 0.46 0.50 0.54
20 0.21 0.22 0.23 0.24 0.25 0.28 0.31 0.34 0.37 0.41 0.45 0.50 0.54 0.57
21 0.19 0.20 0.22 0.24 0.26 0.29 0.33 0.35 0.40 0.43 0.48 0.52 0.57 0.62
22 0.17 0.19 0.22 0.24 0.27 0.31 0.34 0.38 0.42 0.47 0.51 0.56 0.60 0.65
23 0.15 0.18 0.21 0.24 0.28 0.32 0.36 0.41 0.45 0.49 0.54 0.59 0.64 0.69
24 0.14 0.18 0.21 0.25 0.29 0.33 0.38 0.42 0.48 0.52 0.57 0.62 0.67 0.72
25 0.13 0.18 0.21 0.26 0.30 0.35 0.40 0.45 0.50 0.55 0.60 0.64 0.70 0.75
26 0.13 0.18 0.22 0.27 0.31 0.37 0.42 0.46 0.52 0.57 0.62 0.67 0.73 0.78
27 0.14 0.18 0.23 0.28 0.33 0.38 0.43 0.48 0.54 0.59 0.64 0.69 0.76 0.83
28 0.15 0.19 0.24 0.29 0.34 0.39 0.45 0.50 0.55 0.60 0.67 0.73 0.80 0.87
29 0.16 0.21 0.26 0.30 0.35 0.41 0.45 0.52 0.57 0.63 0.69 0.76 0.84 0.93
30 0.17 0.22 0.26 0.32 0.36 0.42 0.47 0.52 0.58 0.66 0.73 0.81 0.90 1.01
31 0.19 0.24 0.28 0.33 0.38 0.43 0.49 0.55 0.61 0.69 0.77 0.87 0.98 1.11
32 0.20 0.24 0.29 0.34 0.39 0.45 0.51 0.57 0.65 0.74 0.84 0.95 1.08 1.22
33 0.21 0.25 0.30 0.35 0.41 0.48 0.55 0.62 0.70 0.81 0.93 1.05 1.20 1.36
34 0.21 0.25 0.30 0.37 0.43 0.50 0.58 0.68 0.77 0.89 1.02 1.17 1.34 1.51
35 0.21 0.26 0.31 0.38 0.45 0.54 0.64 0.75 0.86 0.99 1.14 1.31 1.49 1.70
36 0.21 0.27 0.33 0.41 0.49 0.59 0.70 0.82 0.96 1.11 1.27 1.46 1.67 1.89
37 0.21 0.27 0.34 0.43 0.53 0.65 0.77 0.91 1.06 1.24 1.42 1.63 1.86 2.11
38 0.22 0.29 0.37 0.47 0.58 0.70 0.85 1.00 1.18 1.37 1.58 1.81 2.07 2.34
39 0.23 0.31 0.40 0.52 0.64 0.78 0.94 1.12 1.30 1.52 1.75 2.01 2.29 2.60
40 0.26 0.35 0.45 0.57 0.71 0.86 1.04 1.24 1.45 1.68 1.94 2.22 2.54 2.88
41 0.29 0.39 0.51 0.64 0.79 0.97 1.15 1.36 1.60 1.86 2.15 2.46 2.80 3.18
42 0.32 0.44 0.57 0.72 0.89 1.07 1.29 1.52 1.77 2.06 2.36 2.72 3.09 3.50
43 0.37 0.50 0.65 0.81 1.01 1.21 1.44 1.69 1.97 2.27 2.62 2.99 3.40 3.86
44 0.42 0.56 0.74 0.93 1.13 1.36 1.60 1.88 2.18 2.51 2.89 3.29 3.75 4.24
45 0.47 0.64 0.83 1.04 1.27 1.52 1.79 2.09 2.42 2.78 3.17 3.62 4.11 4.65
46 0.53 0.72 0.94 1.16 1.41 1.69 1.99 2.31 2.67 3.06 3.49 3.98 4.50 5.08
47 0.59 0.80 1.04 1.29 1.57 1.86 2.19 2.54 2.92 3.35 3.82 4.34 4.91 5.53
48 0.66 0.89 1.14 1.42 1.71 2.03 2.38 2.77 3.19 3.65 4.16 4.72 5.34 6.02
49 0.69 0.93 1.25 1.54 1.86 2.20 2.58 2.99 3.44 3.94 4.50 5.11 5.78 6.53
[2001 Valuation Basic Table -- Female -- Nonsmoker -- 1000qx (Age Nearest Birthday) (ages 0 - 49) chart continued on this page]
Att
15 16 17 18 19 20 21 22 23 24 25 Ultimate Age
0.31 0.33 0.34 0.36 0.36 0.37 0.38 0.38 0.39 0.39 25
0.30 0.32 0.33 0.35 0.36 0.37 0.38 0.38 0.38 0.39 0.41 26
0.29 0.32 0.33 0.35 0.35 0.37 0.38 0.38 0.38 0.39 0.40 0.44 27
0.31 0.32 0.34 0.35 0.36 0.37 0.38 0.38 0.39 0.40 0.43 0.45 28
0.32 0.33 0.34 0.36 0.37 0.37 0.38 0.39 0.40 0.43 0.45 0.48 29
0.33 0.34 0.35 0.37 0.37 0.38 0.39 0.40 0.43 0.45 0.48 0.49 30
0.33 0.35 0.36 0.37 0.38 0.39 0.40 0.43 0.45 0.47 0.48 0.52 31
0.34 0.36 0.36 0.38 0.39 0.40 0.43 0.45 0.47 0.48 0.52 0.55 32
0.35 0.36 0.37 0.39 0.40 0.43 0.45 0.47 0.48 0.52 0.54 0.58 33
0.35 0.37 0.39 0.40 0.42 0.45 0.47 0.48 0.52 0.54 0.58 0.63 34
0.36 0.38 0.39 0.42 0.45 0.47 0.48 0.52 0.54 0.58 0.63 0.69 35
0.38 0.39 0.41 0.44 0.47 0.48 0.51 0.54 0.57 0.62 0.68 0.73 36
0.38 0.41 0.44 0.46 0.48 0.51 0.54 0.57 0.62 0.68 0.73 0.80 37
0.40 0.44 0.46 0.48 0.51 0.54 0.57 0.62 0.68 0.73 0.78 0.83 38
0.43 0.46 0.48 0.51 0.54 0.57 0.62 0.68 0.72 0.77 0.82 0.87 39
0.45 0.48 0.51 0.54 0.57 0.62 0.68 0.72 0.77 0.82 0.87 0.92 40
0.48 0.51 0.54 0.57 0.62 0.68 0.72 0.77 0.81 0.87 0.91 0.97 41
0.51 0.54 0.57 0.62 0.68 0.72 0.77 0.81 0.87 0.91 0.97 1.04 42
0.54 0.57 0.62 0.68 0.72 0.77 0.81 0.87 0.91 0.97 1.04 1.12 43
0.57 0.62 0.68 0.72 0.77 0.81 0.87 0.91 0.97 1.04 1.12 1.21 44
0.62 0.68 0.72 0.77 0.81 0.87 0.91 0.97 1.04 1.12 1.21 1.33 45
0.66 0.72 0.76 0.81 0.86 0.91 0.97 1.04 1.12 1.21 1.33 1.47 46
0.70 0.75 0.80 0.86 0.91 0.97 1.04 1.12 1.21 1.33 1.47 1.64 47
0.73 0.79 0.84 0.90 0.97 1.04 1.12 1.21 1.33 1.47 1.64 1.83 48
0.77 0.83 0.88 0.95 1.03 1.12 1.21 1.33 1.47 1.64 1.83 2.04 49
0.80 0.87 0.94 1.02 1.11 1.21 1.33 1.47 1.64 1.83 2.04 2.29 50
0.85 0.92 1.01 1.09 1.21 1.33 1.47 1.64 1.83 2.04 2.29 2.56 51
0.90 0.99 1.08 1.19 1.32 1.47 1.64 1.83 2.04 2.29 2.56 2.88 52
0.96 1.07 1.17 1.31 1.46 1.62 1.83 2.04 2.29 2.56 2.88 3.22 53
1.04 1.15 1.30 1.45 1.61 1.81 2.04 2.29 2.56 2.88 3.22 3.58 54
1.13 1.27 1.43 1.60 1.80 2.02 2.28 2.56 2.87 3.21 3.58 3.96 55
1.25 1.41 1.58 1.79 2.01 2.26 2.55 2.86 3.20 3.57 3.96 4.41 56
1.39 1.56 1.77 1.99 2.24 2.51 2.83 3.18 3.56 3.95 4.40 4.88 57
1.54 1.75 1.97 2.22 2.49 2.80 3.15 3.52 3.94 4.38 4.87 5.39 58
1.72 1.95 2.20 2.47 2.77 3.11 3.49 3.89 4.34 4.82 5.34 5.89 59
1.92 2.17 2.45 2.75 3.08 3.44 3.85 4.30 4.77 5.29 5.83 6.41 60
2.15 2.42 2.73 3.06 3.42 3.81 4.25 4.73 5.23 5.78 6.36 6.97 61
2.39 2.69 3.03 3.39 3.79 4.21 4.68 5.20 5.74 6.31 6.93 7.58 62
2.65 2.99 3.35 3.75 4.18 4.64 5.15 5.69 6.27 6.88 7.53 8.21 63
2.93 3.30 3.71 4.14 4.61 5.11 5.65 6.23 6.84 7.49 8.18 8.90 64
3.24 3.65 4.09 4.56 5.06 5.61 6.19 6.82 7.47 8.16 8.88 9.66 65
3.58 4.03 4.51 5.02 5.57 6.16 6.79 7.45 8.15 8.87 9.65 10.50 66
3.95 4.43 4.95 5.51 6.11 6.75 7.43 8.14 8.87 9.64 10.48 11.42 67
4.35 4.88 5.45 6.06 6.71 7.40 8.12 8.86 9.63 10.47 11.40 12.45 68
4.78 5.35 5.97 6.64 7.35 8.10 8.86 9.63 10.46 11.39 12.41 13.58 69
5.23 5.86 6.55 7.27 8.05 8.86 9.62 10.46 11.37 12.41 13.53 14.84 70
5.72 6.40 7.13 7.93 8.79 9.62 10.46 11.37 12.40 13.52 14.79 16.29 71
6.22 6.96 7.77 8.64 9.59 10.45 11.37 12.40 13.52 14.77 16.24 17.91 72
6.77 7.57 8.44 9.40 10.44 11.37 12.38 13.50 14.77 16.24 17.83 19.67 73
7.35 8.23 9.19 10.24 11.35 12.38 13.50 14.77 16.24 17.83 19.60 21.60 74
2001 Valuation Basic Table -- Female -- Nonsmoker -- 1000qx (Age Nearest Birthday)
Issue Duration
Age
1 2 3 4 5 6 7 8 9 10 11 12 13 14
50 0.71 1.03 1.35 1.65 1.99 2.35 2.76 3.20 3.69 4.24 4.84 5.51 6.24 7.06
51 0.76 1.16 1.47 1.77 2.13 2.51 2.94 3.42 3.95 4.54 5.20 5.92 6.73 7.63
52 0.79 1.30 1.59 1.90 2.26 2.66 3.11 3.62 4.20 4.85 5.56 6.36 7.24 8.23
53 0.84 1.39 1.71 2.02 2.39 2.81 3.29 3.84 4.46 5.17 5.95 6.83 7.81 8.90
54 0.88 1.49 1.84 2.15 2.53 2.97 3.48 4.07 4.74 5.50 6.37 7.34 8.43 9.65
55 0.93 1.60 1.98 2.30 2.69 3.15 3.69 4.32 5.05 5.89 6.84 7.92 9.13 10.49
56 1.03 1.72 2.15 2.49 2.89 3.38 3.96 4.64 5.44 6.35 7.40 8.59 9.94 11.48
57 1.09 1.85 2.34 2.69 3.13 3.65 4.28 5.03 5.89 6.89 8.04 9.36 10.86 12.57
58 1.12 1.98 2.53 2.91 3.39 3.97 4.66 5.48 6.42 7.53 8.79 10.25 11.91 13.82
59 1.22 2.10 2.74 3.16 3.68 4.32 5.08 5.98 7.03 8.26 9.66 11.28 13.12 15.22
60 1.28 2.23 2.95 3.40 3.98 4.70 5.55 6.56 7.73 9.09 10.66 12.44 14.52 16.85
61 1.34 2.35 3.15 3.65 4.29 5.09 6.04 7.17 8.50 10.02 11.79 13.79 16.09 18.70
62 1.44 2.49 3.35 3.89 4.60 5.49 6.56 7.83 9.33 11.05 13.04 15.32 17.90 20.83
63 1.61 2.63 3.54 4.12 4.90 5.89 7.10 8.54 10.23 12.20 14.45 17.03 19.94 23.22
64 1.81 3.37 3.75 4.36 5.21 6.31 7.67 9.30 11.22 13.44 16.01 18.94 22.23 25.90
65 2.06 3.58 3.96 4.61 5.54 6.76 8.29 10.14 12.31 14.84 17.76 21.06 24.75 28.92
66 2.16 3.84 4.21 4.90 5.93 7.29 9.02 11.11 13.60 16.46 19.74 23.49 27.67 32.36
67 2.23 4.11 4.48 5.24 6.39 7.93 9.88 12.24 15.03 18.30 22.02 26.22 30.96 36.20
68 2.53 4.41 4.83 5.68 6.96 8.69 10.90 13.57 16.74 20.41 24.60 29.33 34.63 40.49
69 2.85 4.75 5.23 6.19 7.66 9.62 12.10 15.14 18.70 22.83 27.54 32.84 38.73 45.07
70 3.22 5.12 5.71 6.83 8.50 10.74 13.56 16.97 20.99 25.62 30.85 36.77 43.32 49.65
71 3.67 5.55 6.28 7.60 9.54 12.09 15.27 19.12 23.62 28.80 34.64 41.18 48.47 54.62
72 5.55 6.02 6.95 8.52 10.77 13.70 17.31 21.62 26.66 32.43 38.92 46.15 54.13 58.93
73 6.02 6.59 7.75 9.63 12.25 15.58 19.66 24.50 30.12 36.54 43.71 51.68 58.37 65.19
74 6.55 7.28 8.74 10.98 13.99 17.79 22.39 27.81 34.06 41.15 49.06 57.75 64.85 72.03
75 7.13 8.14 9.95 12.59 16.06 20.37 25.53 31.60 38.53 46.37 55.00 64.53 71.88 79.68
76 7.87 9.21 11.41 14.48 18.44 23.29 29.04 35.72 43.34 51.87 61.28 71.64 79.60 88.04
77 8.90 10.60 13.21 16.75 21.21 26.62 33.00 40.35 48.65 58.01 68.25 79.49 87.95 96.77
78 10.27 12.36 15.42 19.44 24.46 30.44 37.47 45.54 54.59 64.77 75.80 87.95 96.77 106.37
79 10.80 14.61 18.12 22.65 28.20 34.84 42.55 51.30 61.16 72.11 84.10 96.67 106.26 116.68
80 12.09 17.41 21.37 26.43 32.56 39.80 48.21 57.72 68.37 80.19 93.00 106.15 116.56 127.99
81 13.63 20.82 25.25 30.81 37.56 45.44 54.52 64.78 76.25 88.96 102.71 116.56 127.99 140.55
82 15.34 24.95 29.82 35.91 43.20 51.73 61.51 72.54 84.85 98.47 113.15 127.86 140.40 154.33
83 17.05 29.79 35.16 41.75 49.62 58.80 69.21 81.02 94.17 108.69 124.33 140.40 154.17 169.29
84 21.22 35.12 41.31 48.38 56.76 66.56 77.74 90.33 104.23 119.54 136.13 154.17 169.29 185.89
85 25.52 41.27 48.30 55.79 64.76 75.10 86.96 100.31 115.04 131.25 148.81 167.85 185.70 203.92
86 33.63 48.25 55.79 64.10 73.51 84.52 97.07 111.07 126.61 143.73 162.26 182.33 203.92 223.68
87 39.43 55.73 64.03 73.30 83.19 94.68 107.87 122.60 138.96 156.97 176.47 197.61 220.17 244.33
88 49.69 64.03 73.22 83.10 93.73 105.76 119.50 134.93 152.09 170.99 191.27 213.44 237.11 262.47
89 61.50 73.22 83.10 93.64 105.06 117.60 131.92 148.05 166.01 185.61 207.02 230.03 254.81 281.38
90 73.22 83.10 93.64 105.06 117.23 130.39 145.31 161.98 180.72 201.18 223.34 247.36 273.27 301.05
91 83.10 93.64 105.06 117.23 130.26 143.91 159.40 176.72 196.02 217.34 240.41 265.46 292.20 321.18
92 93.64 105.06 117.23 130.26 143.91 158.29 174.32 192.27 212.11 234.24 258.24 284.03 312.16 342.04
93 105.06 117.23 130.26 143.91 158.29 173.52 189.88 208.43 229.19 251.92 276.55 303.63 332.56 363.64
94 117.23 130.26 143.91 158.29 173.52 189.62 206.45 225.38 246.83 270.09 295.88 323.66 353.69 385.97
95 130.26 143.91 158.29 173.52 189.62 206.45 223.65 243.11 264.98 289.27 315.66 344.42 375.54 409.03
96 143.91 158.29 173.52 189.62 206.45 223.65 241.65 261.64 284.17 308.92 336.16 365.90 398.12 432.83
97 158.29 173.52 189.62 206.45 223.65 241.65 260.46 280.96 303.82 329.30 357.39 388.10 421.42 457.36
98 173.52 189.62 206.45 223.65 241.65 260.46 280.09 300.78 324.22 350.40 379.34 411.02 445.45 482.63
99 189.62 206.45 223.65 241.65 260.46 280.09 300.24 321.36 345.36 372.24 402.01 434.66 470.20 508.63
100 205.72 223.28 240.85 259.65 279.27 299.72 320.39 341.94 366.50 394.08 424.68 458.3 494.95 534.63
[2001 Valuation Basic Table -- Female -- Nonsmoker -- 1000qx (Age Nearest Birthday) (ages 50 - 100) chart continued on this page]
Att
15 16 17 18 19 20 21 22 23 24 25 Ultimate Age
7.96 8.93 9.99 11.16 12.37 13.50 14.77 16.24 17.83 19.60 21.56 23.75 75
8.61 9.69 10.87 12.17 13.48 14.77 16.24 17.83 19.60 21.56 23.67 26.10 76
9.33 10.52 11.84 13.30 14.73 16.24 17.83 19.60 21.56 23.67 26.02 28.69 77
10.12 11.44 12.94 14.57 16.18 17.83 19.60 21.56 23.67 26.02 28.57 31.55 78
11.01 12.50 14.15 15.99 17.77 19.58 21.54 23.67 26.02 28.57 31.41 34.64 79
12.01 13.70 15.56 17.62 19.52 21.54 23.67 26.02 28.57 31.41 34.53 38.08 80
13.16 15.06 17.17 19.46 21.45 23.65 25.99 28.57 31.41 34.50 37.92 42.85 81
14.47 16.59 18.97 21.38 23.55 25.96 28.54 31.38 34.50 37.88 41.64 48.24 82
15.93 18.33 20.98 23.47 25.86 28.51 31.35 34.46 37.88 41.64 45.78 53.57 83
17.60 20.26 23.23 25.77 28.39 31.32 34.43 37.84 41.60 45.73 50.27 59.45 84
19.48 22.44 25.66 28.30 31.18 34.39 37.80 41.55 45.73 50.27 55.19 66.09 85
21.63 24.93 28.18 31.09 34.25 37.72 41.51 45.64 50.22 55.19 60.68 72.00 86
24.11 27.79 30.95 34.14 37.61 41.42 45.59 50.16 55.14 60.61 66.69 81.13 87
26.90 30.86 33.99 37.49 41.29 45.49 50.06 55.08 60.55 66.62 73.23 90.64 88
30.02 33.89 37.33 41.16 45.35 49.90 54.97 60.49 66.55 73.16 80.42 100.76 89
33.52 37.21 40.99 45.21 49.75 54.79 60.36 66.42 73.08 80.34 88.40 109.94 90
37.17 40.95 45.16 49.70 54.74 60.30 66.35 73.01 80.34 88.31 97.06 114.02 91
40.95 45.12 49.70 54.74 60.24 66.28 72.93 80.25 88.22 97.06 106.59 122.83 92
45.07 49.65 54.68 60.18 66.28 72.93 80.17 88.22 96.96 106.59 117.16 136.28 93
49.65 54.62 60.18 66.21 72.86 80.17 88.22 96.96 106.59 117.16 128.64 153.46 94
54.62 60.18 66.21 72.86 80.17 88.13 96.86 106.48 117.04 128.64 141.40 174.88 95
59.55 65.87 72.63 80.09 88.13 96.86 106.48 116.92 128.51 141.40 155.11 195.08 96
65.53 72.48 79.93 88.13 96.86 106.48 116.92 128.51 141.26 154.95 170.15 215.88 97
72.26 79.84 88.13 96.86 106.48 116.92 128.51 141.26 154.95 169.98 186.45 217.88 98
79.76 88.04 96.77 106.48 116.80 128.38 141.12 154.80 169.98 186.45 204.53 228.37 99
88.04 96.77 106.48 116.80 128.38 141.12 154.80 169.98 186.45 204.53 224.13 245.85 100
96.77 106.37 116.80 128.38 140.97 154.80 169.81 186.26 204.33 224.13 245.85 269.42 101
106.37 116.80 128.25 140.97 154.64 169.81 186.26 204.33 224.13 245.85 269.42 295.54 102
116.68 128.25 140.83 154.64 169.64 186.26 204.33 224.13 245.61 269.42 295.24 323.87 103
128.12 140.83 154.48 169.64 186.07 204.33 224.13 245.61 269.42 295.24 323.22 354.91 104
140.55 154.48 169.47 186.07 204.12 223.91 245.61 269.42 295.24 322.57 354.91 388.35 105
154.33 169.47 186.07 204.12 223.91 245.61 269.42 295.24 322.25 354.91 388.35 422.59 106
169.47 185.89 204.12 223.91 245.61 269.42 295.24 321.60 354.91 388.35 422.59 457.63 107
185.89 204.12 223.91 245.61 269.42 295.24 320.96 354.91 388.35 422.59 457.63 492.87 108
203.92 223.91 245.61 269.15 295.24 320.31 354.91 388.35 422.59 457.63 492.87 529.51 109
223.68 245.61 269.15 295.24 319.98 354.91 388.35 422.59 457.63 492.87 529.51 566.95 110
245.36 269.15 295.24 319.34 354.91 388.35 422.59 457.63 492.87 529.51 566.95 603.00 111
269.15 295.24 318.69 354.91 388.35 422.16 457.17 492.87 529.51 566.95 603.00 638.00 112
289.53 318.30 348.43 380.22 413.65 448.74 485.48 523.87 563.92 603.00 638.00 670.00 113
309.73 339.55 371.11 404.40 439.43 476.21 514.72 554.96 596.95 638.00 670.00 714.50 114
330.39 361.57 394.57 429.40 466.07 504.56 544.89 587.04 631.03 670.00 714.50 756.00 115
351.80 384.34 418.82 455.22 493.55 533.81 575.99 620.10 666.14 714.10 756.00 799.00 116
373.95 407.89 443.86 481.86 521.88 563.94 608.03 654.14 702.29 752.46 799.00 846.00 117
396.85 432.20 469.69 509.31 551.07 594.97 641.00 689.17 739.47 791.91 846.00 889.48 118
420.50 457.27 496.30 537.58 581.10 626.88 674.90 725.17 777.69 832.46 889.48 933.63 119
444.89 483.12 523.71 566.67 611.99 659.68 709.74 762.16 816.95 874.11 933.63 1000.00 120
470.03 509.72 551.90 596.57 643.73 693.38 745.51 800.14 857.25 916.85 1000.00 1000.00
495.92 537.10 580.89 627.30 676.32 727.96 782.22 839.09 898.58 1000.00 1000.00 1000.00
522.56 565.24 610.66 658.84 709.76 763.43 819.86 879.03 1000.00 1000.00 1000.00 1000.00
549.94 594.14 641.23 691.20 744.06 799.80 858.43 1000.00 1000.00 1000.00 1000.00 1000.00
577.32 623.04 671.8 723.56 778.36 836.17 897
2001 Valuation Basic Table -- Female -- Smoker -- 1000qx (Age Nearest Birthday)
Issue Duration
Age
1 2 3 4 5 6 7 8 9 10 11 12 13 14
0
1
2
3 0.31
4 0.31 0.34
5 0.30 0.33 0.37
6 0.30 0.33 0.37 0.40
7 0.30 0.32 0.36 0.40 0.43
8 0.29 0.32 0.36 0.39 0.43 0.46
9 0.29 0.31 0.35 0.39 0.41 0.46 0.49
10 0.27 0.31 0.34 0.38 0.40 0.44 0.49 0.52
11 0.26 0.30 0.34 0.36 0.40 0.43 0.47 0.52 0.55
12 0.26 0.29 0.33 0.35 0.39 0.42 0.46 0.50 0.55 0.59
13 0.26 0.29 0.31 0.34 0.38 0.40 0.45 0.49 0.53 0.58 0.63
14 0.26 0.29 0.30 0.33 0.36 0.39 0.43 0.46 0.52 0.57 0.62 0.67
15 0.26 0.29 0.30 0.33 0.35 0.38 0.40 0.45 0.49 0.55 0.60 0.66 0.71
16 0.26 0.29 0.30 0.32 0.34 0.37 0.39 0.43 0.48 0.52 0.57 0.64 0.70 0.77
17 0.29 0.30 0.32 0.33 0.35 0.38 0.42 0.46 0.51 0.56 0.62 0.69 0.76 0.83
18 0.29 0.31 0.32 0.34 0.37 0.39 0.44 0.50 0.55 0.60 0.67 0.75 0.82 0.91
19 0.29 0.31 0.33 0.36 0.38 0.42 0.47 0.52 0.59 0.64 0.73 0.81 0.90 0.98
20 0.28 0.30 0.33 0.36 0.40 0.46 0.51 0.56 0.63 0.70 0.79 0.89 0.98 1.06
21 0.26 0.29 0.33 0.37 0.42 0.48 0.55 0.60 0.69 0.76 0.85 0.95 1.04 1.15
22 0.25 0.28 0.34 0.39 0.45 0.51 0.58 0.66 0.75 0.84 0.93 1.03 1.12 1.23
23 0.23 0.28 0.33 0.40 0.47 0.54 0.62 0.71 0.80 0.90 0.99 1.11 1.20 1.31
24 0.22 0.29 0.35 0.42 0.49 0.58 0.66 0.75 0.86 0.96 1.07 1.16 1.28 1.37
25 0.21 0.29 0.36 0.44 0.53 0.61 0.72 0.81 0.92 1.02 1.13 1.22 1.33 1.45
26 0.21 0.29 0.38 0.46 0.55 0.65 0.76 0.85 0.96 1.08 1.19 1.28 1.41 1.53
27 0.23 0.31 0.40 0.48 0.59 0.69 0.78 0.89 1.01 1.12 1.23 1.35 1.48 1.63
28 0.25 0.33 0.42 0.52 0.61 0.71 0.82 0.93 1.05 1.16 1.29 1.43 1.58 1.73
29 0.27 0.37 0.45 0.54 0.65 0.75 0.85 0.98 1.09 1.22 1.35 1.51 1.68 1.87
30 0.30 0.39 0.47 0.58 0.67 0.78 0.89 1.00 1.13 1.28 1.43 1.61 1.81 2.04
31 0.34 0.42 0.51 0.60 0.71 0.82 0.93 1.06 1.19 1.36 1.53 1.74 1.99 2.26
32 0.36 0.44 0.53 0.64 0.73 0.86 0.99 1.12 1.29 1.48 1.69 1.93 2.20 2.51
33 0.38 0.46 0.55 0.66 0.79 0.92 1.06 1.22 1.40 1.63 1.88 2.15 2.47 2.82
34 0.38 0.47 0.58 0.70 0.83 0.98 1.14 1.35 1.56 1.81 2.09 2.42 2.79 3.18
35 0.38 0.49 0.60 0.74 0.89 1.07 1.27 1.50 1.75 2.04 2.36 2.73 3.14 3.59
36 0.39 0.51 0.64 0.80 0.97 1.17 1.41 1.67 1.95 2.28 2.64 3.04 3.51 3.99
37 0.41 0.54 0.68 0.86 1.06 1.30 1.56 1.86 2.18 2.56 2.96 3.41 3.89 4.45
38 0.44 0.58 0.74 0.94 1.18 1.44 1.74 2.07 2.45 2.84 3.29 3.78 4.33 4.92
39 0.48 0.64 0.82 1.06 1.32 1.61 1.95 2.32 2.71 3.18 3.67 4.21 4.79 5.45
40 0.54 0.72 0.94 1.20 1.48 1.81 2.18 2.59 3.04 3.53 4.06 4.65 5.30 6.01
41 0.62 0.82 1.08 1.36 1.67 2.04 2.43 2.88 3.38 3.93 4.51 5.16 5.86 6.61
42 0.70 0.96 1.24 1.56 1.91 2.30 2.75 3.23 3.77 4.36 4.99 5.70 6.45 7.27
43 0.82 1.10 1.42 1.78 2.19 2.62 3.10 3.64 4.21 4.84 5.54 6.28 7.10 7.98
44 0.95 1.27 1.64 2.06 2.49 2.97 3.49 4.07 4.70 5.38 6.12 6.92 7.80 8.75
45 1.09 1.47 1.89 2.34 2.83 3.37 3.93 4.56 5.24 5.97 6.75 7.62 8.56 9.57
46 1.23 1.67 2.14 2.63 3.18 3.76 4.39 5.05 5.79 6.57 7.42 8.34 9.33 10.40
47 1.40 1.88 2.39 2.94 3.55 4.18 4.85 5.57 6.36 7.21 8.10 9.09 10.14 11.28
48 1.58 2.11 2.67 3.28 3.90 4.59 5.31 6.10 6.94 7.84 8.82 9.85 10.99 12.20
49 1.66 2.23 2.94 3.59 4.27 5.00 5.77 6.60 7.51 8.48 9.52 10.65 11.86 13.17
Att
15 16 17 18 19 20 21 22 23 24 25 Ultimate Age
0.33 0.37 0.41 0.45 0.48 0.51 0.54 0.56 0.60 0.64 25
0.32 0.36 0.40 0.44 0.48 0.51 0.54 0.56 0.59 0.62 0.68 26
0.31 0.36 0.40 0.44 0.46 0.51 0.54 0.56 0.59 0.62 0.67 0.73 27
0.34 0.38 0.42 0.46 0.49 0.53 0.56 0.59 0.62 0.67 0.72 0.77 28
0.38 0.41 0.45 0.49 0.53 0.56 0.59 0.62 0.67 0.72 0.77 0.83 29
0.41 0.45 0.48 0.53 0.56 0.59 0.62 0.67 0.72 0.77 0.83 0.86 30
0.44 0.48 0.51 0.56 0.59 0.62 0.66 0.72 0.76 0.82 0.84 0.94 31
0.47 0.51 0.54 0.59 0.62 0.66 0.72 0.76 0.82 0.84 0.92 1.00 32
0.50 0.54 0.58 0.62 0.66 0.72 0.76 0.82 0.84 0.92 0.99 1.08 33
0.53 0.58 0.62 0.66 0.70 0.76 0.82 0.84 0.92 0.99 1.07 1.17 34
0.56 0.61 0.65 0.70 0.76 0.82 0.84 0.92 0.99 1.07 1.17 1.30 35
0.61 0.65 0.69 0.74 0.82 0.84 0.92 0.98 1.06 1.15 1.28 1.40 36
0.63 0.69 0.74 0.80 0.84 0.92 0.98 1.06 1.15 1.28 1.38 1.53 37
0.67 0.74 0.80 0.84 0.92 0.98 1.06 1.15 1.28 1.38 1.50 1.60 38
0.73 0.80 0.84 0.92 0.98 1.06 1.15 1.28 1.38 1.48 1.58 1.70 39
0.78 0.84 0.92 0.98 1.06 1.15 1.28 1.37 1.47 1.57 1.69 1.80 40
0.84 0.92 0.98 1.06 1.15 1.28 1.37 1.47 1.57 1.69 1.79 1.92 41
0.92 0.98 1.06 1.15 1.28 1.37 1.47 1.57 1.69 1.79 1.91 2.07 42
0.98 1.06 1.15 1.28 1.37 1.47 1.57 1.69 1.79 1.91 2.07 2.24 43
1.06 1.15 1.28 1.37 1.47 1.57 1.69 1.79 1.91 2.07 2.24 2.45 44
1.15 1.28 1.37 1.47 1.57 1.69 1.79 1.91 2.07 2.24 2.45 2.69 45
1.25 1.36 1.46 1.57 1.68 1.79 1.91 2.07 2.24 2.45 2.69 2.96 46
1.33 1.44 1.55 1.67 1.78 1.91 2.07 2.24 2.45 2.69 2.96 3.30 47
1.41 1.52 1.63 1.77 1.91 2.07 2.24 2.45 2.69 2.96 3.30 3.74 48
1.48 1.62 1.73 1.88 2.06 2.24 2.45 2.69 2.96 3.30 3.74 4.23 49
1.56 1.71 1.85 2.02 2.23 2.45 2.69 2.96 3.30 3.74 4.23 4.77 50
1.66 1.82 2.01 2.20 2.45 2.69 2.96 3.30 3.74 4.23 4.77 5.36 51
1.78 1.97 2.18 2.42 2.69 2.96 3.30 3.74 4.23 4.77 5.36 6.00 52
1.92 2.15 2.38 2.67 2.96 3.30 3.74 4.23 4.77 5.36 6.00 6.69 53
2.10 2.35 2.66 2.96 3.30 3.74 4.23 4.77 5.36 6.00 6.69 7.43 54
2.31 2.60 2.96 3.30 3.74 4.23 4.77 5.36 6.00 6.69 7.43 8.22 55
2.57 2.92 3.30 3.74 4.23 4.77 5.36 6.00 6.69 7.43 8.22 9.06 56
2.88 3.27 3.74 4.23 4.77 5.36 6.00 6.69 7.43 8.22 9.06 9.95 57
3.23 3.69 4.19 4.77 5.36 6.00 6.69 7.43 8.22 9.06 9.95 10.81 58
3.63 4.15 4.72 5.36 6.00 6.69 7.43 8.22 9.06 9.95 10.81 11.77 59
4.09 4.68 5.31 6.00 6.69 7.43 8.22 9.06 9.95 10.81 11.77 12.76 60
4.56 5.18 5.87 6.69 7.43 8.22 9.06 9.95 10.81 11.77 12.76 13.78 61
5.05 5.72 6.46 7.43 8.15 9.06 9.95 10.81 11.77 12.76 13.78 14.94 62
5.57 6.31 7.09 7.96 8.89 9.89 10.81 11.77 12.76 13.78 14.94 16.09 63
6.14 6.93 7.77 8.68 9.67 10.73 11.72 12.76 13.78 14.94 16.09 17.30 64
6.76 7.59 8.50 9.47 10.50 11.62 12.66 13.78 14.91 16.09 17.30 18.62 65
7.44 8.33 9.29 10.31 11.40 12.57 13.69 14.87 16.09 17.30 18.62 20.03 66
8.16 9.11 10.12 11.20 12.36 13.56 14.79 16.05 17.30 18.61 20.03 21.61 67
8.94 9.95 11.03 12.18 13.38 14.65 15.94 17.24 18.57 20.00 21.58 23.35 68
9.77 10.85 11.99 13.20 14.48 15.80 17.14 18.48 19.93 21.53 23.27 25.24 69
10.64 11.79 13.02 14.30 15.63 17.01 18.36 19.82 21.44 23.19 25.13 27.35 70
11.56 12.77 14.06 15.44 16.89 18.23 19.70 21.31 23.07 25.02 27.21 29.77 71
12.51 13.80 15.18 16.64 18.20 19.55 21.17 22.94 24.88 27.07 29.58 32.44 72
13.51 14.90 16.35 17.92 19.43 20.99 22.77 24.71 26.91 29.43 32.19 35.32 73
14.58 16.06 17.63 19.32 20.90 22.55 24.44 26.69 29.20 31.98 35.01 38.47 74
2001 Valuation Basic Table -- Female -- Smoker -- 1000qx (Age Nearest Birthday)
Issue Duration
Age
1 2 3 4 5 6 7 8 9 10 11 12 13 14
50 1.75 2.50 3.21 3.88 4.60 5.37 6.20 7.10 8.06 9.12 10.23 11.46 12.76 14.17
51 1.87 2.84 3.53 4.20 4.96 5.76 6.65 7.60 8.64 9.76 10.97 12.29 13.71 15.24
52 1.98 3.20 3.86 4.54 5.30 6.14 7.06 8.08 9.21 10.43 11.73 13.15 14.70 16.37
53 2.13 3.47 4.20 4.87 5.65 6.53 7.50 8.58 9.78 11.11 12.53 14.09 15.78 17.60
54 2.27 3.76 4.56 5.23 6.02 6.93 7.98 9.13 10.41 11.83 13.40 15.12 16.97 19.00
55 2.40 4.08 4.96 5.63 6.46 7.40 8.50 9.72 11.11 12.67 14.38 16.27 18.32 20.54
56 2.63 4.30 5.29 5.98 6.82 7.81 8.97 10.28 11.79 13.47 15.34 17.41 19.67 22.16
57 2.72 4.53 5.64 6.35 7.25 8.30 9.54 10.96 12.58 14.40 16.43 18.71 21.22 23.96
58 2.75 4.78 5.99 6.76 7.73 8.87 10.20 11.76 13.51 15.51 17.71 20.19 22.95 25.99
59 2.91 4.97 6.36 7.20 8.22 9.49 10.94 12.64 14.56 16.76 19.20 21.92 24.95 28.27
60 3.00 5.15 6.70 7.60 8.74 10.13 11.75 13.62 15.75 18.18 20.87 23.86 27.20 30.85
61 3.07 5.34 7.01 7.99 9.25 10.78 12.57 14.65 17.05 19.75 22.74 26.07 29.73 33.79
62 3.24 5.51 7.31 8.35 9.71 11.41 13.41 15.74 18.42 21.44 24.79 28.49 32.60 37.09
63 3.55 5.69 7.56 8.67 10.14 12.01 14.24 16.86 19.87 23.29 27.05 31.21 35.79 40.78
64 3.89 7.13 7.83 8.98 10.57 12.62 15.11 18.05 21.44 25.27 29.50 34.18 39.29 44.86
65 4.32 7.42 8.09 9.29 11.02 13.27 16.03 19.32 23.12 27.47 32.20 37.44 43.14 49.34
66 4.44 7.77 8.40 9.64 11.49 13.93 16.96 20.57 24.76 29.50 34.74 40.49 46.75 53.54
67 4.48 8.14 8.74 10.06 12.06 14.73 18.05 22.00 26.57 31.75 37.50 43.79 50.65 58.03
68 4.97 8.53 9.18 10.61 12.78 15.70 19.33 23.65 28.64 34.26 40.52 47.39 54.85 62.81
69 5.49 8.96 9.70 11.28 13.69 16.88 20.84 25.53 30.93 37.02 43.83 51.23 59.31 67.67
70 6.04 9.43 10.31 12.09 14.77 18.29 22.62 27.72 33.57 40.10 47.41 55.43 64.02 71.97
71 6.73 9.96 11.04 13.08 16.09 19.96 24.69 30.20 36.46 43.43 51.28 59.85 69.06 76.47
72 9.91 10.53 11.89 14.26 17.62 21.89 27.03 33.00 39.68 47.06 55.46 64.53 74.25 81.13
73 10.48 11.21 12.89 15.65 19.41 24.11 29.68 36.04 43.16 50.93 59.85 69.45 79.63 84.52
74 11.10 12.04 14.12 17.29 21.48 26.63 32.62 39.42 46.93 55.04 64.43 74.54 84.25 86.41
75 11.76 13.10 15.61 19.22 23.85 29.42 35.83 43.03 50.87 59.32 69.19 79.74 85.59 95.85
76 12.80 14.61 17.64 21.81 27.00 33.19 40.24 48.05 56.56 65.71 76.26 84.77 93.96 98.92
77 14.25 16.56 20.12 24.87 30.69 37.47 45.15 53.62 62.83 72.62 83.99 92.00 98.56 110.66
78 16.20 19.05 23.15 28.45 34.89 42.32 50.61 59.77 69.62 80.18 90.15 98.27 109.58 119.44
79 16.77 22.14 26.82 32.68 39.70 47.74 56.68 66.52 77.08 88.29 97.93 108.49 118.68 129.11
80 17.65 25.98 31.15 37.57 45.14 53.85 63.39 73.84 85.07 96.99 107.43 117.93 128.64 139.54
81 19.71 30.61 36.27 43.20 51.33 60.57 70.74 81.85 93.76 106.39 117.14 128.04 139.15 151.49
82 22.17 36.08 42.17 49.59 58.25 68.01 78.76 90.49 102.98 116.31 127.41 138.76 151.06 162.74
83 24.58 41.11 48.94 56.78 65.87 76.21 87.43 99.70 112.91 126.92 138.33 150.64 162.58 176.12
84 28.58 48.28 56.58 64.75 74.31 85.07 96.79 109.62 123.33 137.99 150.06 162.27 175.78 190.38
85 34.59 56.37 63.65 73.57 83.45 94.62 106.81 120.04 134.45 149.60 162.06 175.30 189.63 205.35
86 45.77 62.50 72.82 83.15 93.33 106.43 117.47 131.18 146.00 161.90 174.86 188.94 205.35 225.03
87 50.17 72.07 82.82 93.21 106.14 117.14 128.63 142.77 158.09 174.56 188.37 203.17 221.49 245.56
88 63.59 82.56 93.06 105.80 116.83 128.40 140.38 154.89 170.68 187.70 202.23 217.94 238.30 263.53
89 79.03 92.98 105.46 116.54 128.21 140.21 152.79 167.66 183.75 201.29 216.58 233.49 255.83 282.50
90 92.83 105.03 116.25 127.89 140.03 152.60 165.59 180.78 197.26 215.12 231.40 249.35 280.10 301.65
91 104.69 115.97 127.68 139.79 152.34 165.32 180.31 194.17 211.00 229.54 246.67 272.37 296.00 321.18
92 115.68 127.46 139.67 152.21 165.03 179.88 193.81 208.12 225.10 244.10 265.22 288.01 312.16 342.04
93 127.25 139.44 151.94 164.74 179.40 193.29 207.46 222.24 239.52 258.98 280.43 303.63 332.56 363.64
94 139.20 151.81 164.45 178.92 192.76 206.97 221.58 236.68 254.25 273.87 295.88 323.66 353.69 385.97
95 151.55 164.16 178.44 192.41 206.59 220.96 235.76 251.15 269.23 289.27 315.66 344.42 375.54 409.03
96 163.87 177.64 191.89 206.02 220.34 235.09 250.36 266.09 284.17 308.92 336.16 365.90 398.12 432.83
97 176.52 190.84 205.45 219.72 234.19 249.64 265.15 280.96 303.82 329.30 357.39 388.10 421.42 457.36
98 189.44 204.11 219.09 233.29 248.91 264.63 280.09 300.78 324.22 350.40 379.34 411.02 445.45 482.63
99 202.40 217.44 232.62 248.18 263.85 280.09 300.24 321.36 345.36 372.24 402.01 434.66 470.20 508.63
100 215.36 230.77 246.15 263.07 278.79 295.55 320.39 341.94 366.5 394.08 424.68 458.3 494.95 534.63
[2001 Valuation Basic Table -- Female -- Smoker -- 1000qx (Age Nearest Birthday) (ages 50 - 100) chart continued on this page]
Att
15 16 17 18 19 20 21 22 23 24 25 Ultimate Age
15.70 17.29 19.00 20.82 22.51 24.18 26.42 28.91 31.64 34.64 37.92 41.62 75
16.89 18.63 20.48 22.46 23.94 26.15 28.61 31.32 34.26 37.51 41.05 45.06 76
18.17 20.07 22.12 23.69 25.88 28.34 31.02 33.91 37.10 40.60 44.41 48.75 77
19.58 21.67 23.44 25.62 28.04 30.71 33.62 36.71 40.15 43.91 48.03 52.71 78
21.17 23.19 25.37 27.76 30.43 33.33 36.44 39.73 43.45 47.49 51.95 57.00 79
22.96 25.10 27.49 30.13 33.04 36.19 39.50 42.98 46.98 51.36 56.14 61.60 80
24.85 27.22 29.87 32.77 35.92 39.28 42.82 46.59 50.90 55.60 60.73 68.21 81
26.95 29.58 32.48 35.67 39.08 42.68 46.56 50.74 55.13 60.18 65.64 75.39 82
29.31 32.19 35.40 38.85 42.54 46.50 50.54 54.99 59.70 65.08 70.94 82.33 83
31.93 35.13 38.62 42.41 46.44 50.37 54.81 59.55 64.64 70.37 76.65 89.79 84
34.88 38.43 42.27 46.38 50.18 54.63 59.35 64.43 69.76 75.77 82.28 97.26 85
38.21 42.12 46.32 50.01 54.45 59.15 64.21 69.52 75.61 81.48 89.55 103.32 86
41.98 46.27 49.85 54.27 58.95 64.00 69.28 75.45 81.25 88.99 95.39 113.27 87
46.19 49.68 54.09 58.80 63.82 69.05 75.30 80.97 88.49 94.77 101.91 123.15 88
49.51 53.91 58.60 63.61 68.81 75.14 80.68 87.93 94.23 101.24 108.73 133.05 89
53.73 58.40 63.39 68.57 74.99 80.46 87.37 93.61 100.56 108.57 116.37 140.84 90
58.20 63.22 68.34 74.83 80.17 86.81 93.07 99.82 108.07 115.83 124.06 141.74 91
63.00 68.10 74.68 79.89 86.31 92.45 99.14 107.33 115.20 123.37 132.07 148.21 92
67.91 73.90 79.60 85.75 91.90 98.47 106.60 114.39 122.58 131.32 140.94 159.17 93
72.96 78.69 84.81 91.29 97.79 105.69 113.49 121.70 130.45 140.35 150.04 173.34 94
77.61 83.69 90.20 97.12 104.54 112.41 121.01 130.13 139.76 149.52 159.59 195.42 95
82.44 88.90 95.85 103.15 111.06 119.43 128.94 139.17 149.00 159.16 172.24 215.44 96
84.80 94.35 101.67 109.53 117.85 126.67 137.16 148.48 158.88 171.15 185.85 235.59 97
87.24 99.95 107.74 115.98 124.84 134.20 145.89 158.45 170.06 183.80 202.91 234.92 98
97.90 105.76 113.91 122.68 132.07 142.00 154.90 168.97 181.75 200.85 218.88 243.25 99
99.28 112.83 121.92 131.48 141.61 154.33 164.30 179.88 196.92 215.60 236.03 258.65 100
111.74 121.06 130.88 141.22 153.91 163.98 179.02 195.80 214.16 234.24 256.19 279.94 101
120.30 130.29 140.83 153.48 163.83 178.51 195.05 213.14 233.11 254.71 278.05 303.22 102
129.70 140.44 152.91 163.67 178.17 194.30 212.52 232.22 253.48 276.70 301.75 328.08 103
140.05 152.48 163.36 177.83 193.74 211.50 231.54 252.74 275.89 300.56 327.11 354.91 104
152.06 163.21 177.32 192.99 210.47 229.97 252.25 275.08 299.97 326.78 354.91 388.35 105
162.89 176.97 192.25 209.45 228.40 250.04 274.81 299.68 326.46 354.91 388.35 422.59 106
176.46 191.69 208.22 226.83 247.82 271.85 299.09 326.14 354.91 388.35 422.59 457.63 107
190.94 207.19 225.48 246.59 270.23 296.72 325.81 354.91 388.35 422.59 457.63 492.87 108
206.17 225.03 246.59 270.23 296.13 324.52 354.91 388.35 422.59 457.63 492.87 529.51 109
225.03 246.59 270.23 296.13 324.52 354.91 388.35 422.59 457.63 492.87 529.51 566.95 110
246.59 270.23 296.13 324.52 354.91 388.35 422.59 457.63 492.87 529.51 566.95 603.00 111
270.23 296.13 324.52 354.91 388.35 422.16 457.17 492.87 529.51 566.95 603.00 638.00 112
290.40 318.94 348.43 380.22 413.65 448.74 485.48 523.87 563.92 603.00 638.00 670.00 113
310.35 339.55 371.11 404.40 439.43 476.21 514.72 554.96 596.95 638.00 670.00 714.50 114
330.39 361.57 394.57 429.40 466.07 504.56 544.89 587.04 631.03 670.00 714.50 756.00 115
351.80 384.34 418.82 455.22 493.55 533.81 575.99 620.10 666.14 714.10 756.00 799.00 116
373.95 407.89 443.86 481.86 521.88 563.94 608.03 654.14 702.29 752.46 799.00 846.00 117
396.85 432.20 469.69 509.31 551.07 594.97 641.00 689.17 739.47 791.91 846.00 889.48 118
420.50 457.27 496.30 537.58 581.10 626.88 674.90 725.17 777.69 832.46 889.48 933.63 119
444.89 483.12 523.71 566.67 611.99 659.68 709.74 762.16 816.95 874.11 933.63 1000.00 120
470.03 509.72 551.90 596.57 643.73 693.38 745.51 800.14 857.25 916.85 1000.00 1000.00
495.92 537.10 580.89 627.30 676.32 727.96 782.22 839.09 898.58 1000.00 1000.00 1000.00
522.56 565.24 610.66 658.84 709.76 763.43 819.86 879.03 1000.00 1000.00 1000.00 1000.00
549.94 594.14 641.23 691.20 744.06 799.80 858.43 1000.00 1000.00 1000.00 1000.00 1000.00
577.32 623.04 671.8 723.56 778.36 836.17 897
Monthly TD Rates (per $100 of monthly benefit)
Age MTB FTB UTB MNT FNT UNT MPR FPR
0 0.82 1.39 1.05 0.82 1.39 1.05 0.82 1.39
1 0.82 1.39 1.05 0.82 1.39 1.05 0.82 1.39
2 0.82 1.39 1.05 0.82 1.39 1.05 0.82 1.39
3 0.82 1.39 1.05 0.82 1.39 1.05 0.82 1.39
4 0.82 1.39 1.05 0.82 1.39 1.05 0.82 1.39
5 0.82 1.39 1.05 0.82 1.39 1.05 0.82 1.39
6 0.82 1.39 1.05 0.82 1.39 1.05 0.82 1.39
7 0.82 1.39 1.05 0.82 1.39 1.05 0.82 1.39
8 0.82 1.39 1.05 0.82 1.39 1.05 0.82 1.39
9 0.82 1.39 1.05 0.82 1.39 1.05 0.82 1.39
10 0.82 1.39 1.05 0.82 1.39 1.05 0.82 1.39
11 0.82 1.39 1.05 0.82 1.39 1.05 0.82 1.39
12 0.82 1.39 1.05 0.82 1.39 1.05 0.82 1.39
13 0.82 1.39 1.05 0.82 1.39 1.05 0.82 1.39
14 0.82 1.39 1.05 0.82 1.39 1.05 0.82 1.39
15 0.82 1.39 1.05 0.82 1.39 1.05 0.82 1.39
16 0.82 1.39 1.05 0.82 1.39 1.05 0.82 1.39
17 0.82 1.39 1.05 0.82 1.39 1.05 0.82 1.39
18 0.82 1.39 1.05 0.82 1.39 1.05 0.82 1.39
19 0.82 1.39 1.05 0.82 1.39 1.05 0.82 1.39
20 0.86 1.47 1.1 0.74 1.26 0.95 0.74 1.26
21 0.91 1.56 1.17 0.78 1.32 1 0.78 1.32
22 0.96 1.63 1.23 0.82 1.39 1.05 0.82 1.39
23 0.98 1.67 1.26 0.84 1.43 1.08 0.84 1.43
24 1 1.73 1.29 0.84 1.45 1.08 0.84 1.45
25 1.02 1.76 1.32 0.86 1.5 1.11 0.86 1.5
26 1.04 1.8 1.34 0.88 1.54 1.14 0.88 1.54
27 1.06 1.85 1.37 0.9 1.58 1.17 0.9 1.58
28 1.08 1.95 1.43 0.92 1.66 1.22 0.92 1.66
29 1.11 2.06 1.5 0.95 1.76 1.28 0.95 1.76
30 1.14 2.17 1.56 0.97 1.84 1.32 0.97 1.84
31 1.17 2.29 1.61 1 1.95 1.38 1 1.95
32 1.2 2.4 1.68 1.02 2.04 1.42 1.02 2.04
33 1.24 2.52 1.75 1.06 2.14 1.49 1.06 2.14
34 1.29 2.65 1.83 1.09 2.26 1.56 1.09 2.26
35 1.33 2.79 1.92 1.13 2.37 1.63 1.13 2.37
36 1.38 2.93 2 1.17 2.49 1.7 1.17 2.49
37 1.44 3.1 2.1 1.23 2.64 1.8 1.23 2.64
38 1.51 3.2 2.18 1.28 2.71 1.85 1.28 2.71
39 1.59 3.33 2.28 1.35 2.83 1.95 1.35 2.83
40 1.69 3.48 2.41 1.44 2.97 2.05 1.44 2.97
41 1.8 3.65 2.53 1.53 3.1 2.16 1.53 3.1
42 1.92 3.84 2.69 1.63 3.26 2.28 1.63 3.26
43 2.06 3.96 2.82 1.76 3.37 2.4 1.76 3.37
44 2.23 4.1 2.92 1.89 3.48 2.52 1.89 3.48
45 2.42 4.26 3.16 2.05 3.62 2.68 2.05 3.62
46 2.63 4.42 3.34 2.24 3.75 2.84 2.24 3.75
47 2.86 4.58 3.55 2.43 3.89 3.01 2.43 3.89
48 3.11 4.76 3.77 2.64 4.04 3.2 2.64 4.04
49 3.39 4.93 4 2.87 4.2 3.4 2.87 4.2
50 3.67 5.1 4.24 3.12 4.34 3.61 3.12 4.34
51 3.98 5.26 4.49 3.39 4.47 3.82 3.39 4.47
52 4.32 5.4 4.75 3.68 4.6 4.04 3.68 4.6
53 4.8 5.76 5.18 4.08 4.9 4.41 4.08 4.9
54 5.29 6.08 5.6 4.49 5.16 4.76 4.49 5.16
55 5.76 6.24 5.99 4.9 5.39 5.09 4.9 5.39
56 6.48 6.81 6.61 5.51 5.79 5.63 5.51 5.79
57 7.2 7.2 7.2 6.12 6.12 6.12 6.12 6.12
58 7.92 7.68 7.82 6.73 6.53 6.65 6.73 6.53
59 8.64 8.12 8.43 7.34 6.9 7.17 7.34 6.9
60 5.76 5.24 5.55 4.9 4.45 4.72 4.9 4.45
61 5.28 4.65 5.03 4.49 3.96 4.28 4.49 3.96
62 4.3 4.08 4.51 4.08 3.47 3.83 4.08 3.47
63 4.66 3.82 4.32 3.96 3.24 3.67 3.96 3.24
64 5.18 4.15 4.77 4.41 3.52 4.05 4.41 3.52
65 0 0 0 0 0 0 0 0
66 0 0 0 0 0 0 0 0
67 0 0 0 0 0 0 0 0
68 0 0 0 0 0 0 0 0
69 0 0 0 0 0 0 0 0
70 0 0 0 0 0 0 0 0
71 0 0 0 0 0 0 0 0
72 0 0 0 0 0 0 0 0
73 0 0 0 0 0 0 0 0
74 0 0 0 0 0 0 0 0
75 0 0 0 0 0 0 0 0
76 0 0 0 0 0 0 0 0
77 0 0 0 0 0 0 0 0
78 0 0 0 0 0 0 0 0
79 0 0 0 0 0 0 0 0
80 0 0 0 0 0 0 0 0
81 0 0 0 0 0 0 0 0
82 0 0 0 0 0 0 0 0
83 0 0 0 0 0 0 0 0
84 0 0 0 0 0 0 0 0
85 0 0 0 0 0 0 0 0
86 0 0 0 0 0 0 0 0
87 0 0 0 0 0 0 0 0
88 0 0 0 0 0 0 0 0
89 0 0 0 0 0 0 0 0
90 0 0 0 0 0 0 0 0
91 0 0 0 0 0 0 0 0
92 0 0 0 0 0 0 0 0
93 0 0 0 0 0 0 0 0
94 0 0 0 0 0 0 0 0
95 0 0 0 0 0 0 0 0
96 0 0 0 0 0 0 0 0
97 0 0 0 0 0 0 0 0
98 0 0 0 0 0 0 0 0
99 0 0 0 0 0 0 0 0
100 0 0 0 0 0 0 0 0
EXHIBIT E
SELF-ADMINISTERED REPORTING
The Ceding Company will self-administer all reinsurance reporting. The Ceding
Company will send Munich Re the reports listed below. The reports shall be in
an electronic data format acceptable to Munich Re. If changes to the data
format are made, the Ceding Company shall provide an updated data dictionary and
file layout.
PERIODIC REPORTS
1. Transaction Reports, monthly
a. New Business
b. First Year - Other than New Business
c. Renewal Year
d. Policy Changes Report
e. Accounting Information
2. Policy Exhibit Information, monthly
3. In-force, monthly
4. Statutory Reserve Information, quarterly
A brief description of the data requirements follows below.
PERIODIC REPORTS
1. Transaction Reports
The Ceding Company agrees to provide the following policy data:
a. New Business
This report will include new issues only, the first time the Policy is
reported to Munich Re. Automatic and Facultative business will be
identified separately.
b. First Year - Other than New Business
This report will include Policies previously reported on the new
business detail and still in their first duration, or Policies
involved in first year premium adjustments.
c. Renewal Year
All Policies with renewal dates within the accounting period will be
listed.
--------------------------------------------------------------------------------
TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
EXHIBIT E
(CONTINUED)
d. Policy Changes Report
Policies affected by a change during the current reporting period will
be included in this report. Type of change or termination activity
must be clearly identified for each Policy.
The Ceding Company will identify the following transactions either by
separate listing or unique transaction codes: Terminations,
Reinstatements, Changes, Conversions, and Replacements. For
Conversions and Replacements, the Ceding Company will report the
original Policy date, as well as the current Policy date.
e. Accounting Information
Premiums and allowances will be summarized for Life coverages,
Benefits, and Riders by the following categories: Automatic and
Facultative, First Year and Renewals.
2. Policy Exhibit Information
This is a summary of transactions during the current period and on a
year-to-date basis, reporting the number of Policies and reinsured amount.
3. In-force
This is a detailed report of each Policy in-force.
4. Statutory Reserve Information
Statutory reserves will be summarized for Life coverages, Benefits and
Riders. The Ceding Company will specify the reserve basis used.
--------------------------------------------------------------------------------
TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
EXHIBIT E
(CONTINUED)
IN-FORCE REPORT
The In-force Report showing all active Policies should be prepared and submitted
monthly, quarterly, or annually according to the terms of the Agreement.
Premiums due should be included only for the period being reported. The
information required to be shown on such lists is set out below.
A. Policy number
B. Full name of insured
C. Sex
D. Date of birth (month, day, year)
E. Issue age
* F. Attained age
G. Policy date (month, day, year)
H. Date of increase/decrease in specified amount
I. Policy duration
J. Substandard rating (table, mortality percentage, flat extra amount and
duration. Show multiple of standard for ADB or WPD.)
K. Plan or plan code (if more than one plan is covered by the Agreement)
L. Treaty or treaty code
M. Underwriting class (smoker, nonsmoker, preferred, etc.)
N. Specified amount issued (life, ADB, WPD)
O. Death benefit option (i.e., cash value included in or in addition to the
specified amount)
* P. Current death benefit (under original policy)
Q. Proportion reinsured this policy (where applicable)
R. Amount reinsured
S. Current reinsurance amount at risk
T. Automatic or facultative
U. Currency code if not U.S. currency
V. Joint indicator
W. Location indicator if COLI or worksite product
X. Underwriting method
Y. Issue state/residence state
* Desirable but not required
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
EXHIBIT E
(CONTINUED)
There should be separate subtotals for all items listed below. Each subtotal
should include:
Policy count (life-separately for new business, renewals, and combined)
Reinsurance amount at risk (separately for new business, renewals, and combined)
Reinsurance premium (separately for new business, renewals, and combined)
Reinsurance commission (separately for new business, renewals, and combined)
Net amount due Munich Re (separately for new business, renewals, and combined)
The various policy details including reinsurance amount at risk and proportion
reinsured shown on the In-force Report should correspond to the in-force after
any changes reported concurrently on the Policy Changes Report". The Ceding
Company shall provide a grand total each reporting period for Policy count
in-force and reinsurance amount at risk in-force (separately for new business,
renewals, and combined). A separate total of ADB in-force shall also be
provided that need not be separated into new business and renewals.
The Ceding Company shall provide a grand total of reinsurance premium and net
amount due Munich Re, including all renewals and Policy changes (separately for
first year, renewals, and combined categories). Separate totals shall be
provided for life, ADB, and WPD. This may be shown on the In-force Report or
may be provided in a separate summary.
Where premiums for more than one period are being reported on a single list, the
basic identification (Policy number, name of insured, sex, date of birth, age,
and Policy date) need be shown only one time on the first line for the Policy.
Subsequent lines should each relate to a different period and the period
involved should be indicated.
Although an increase or decrease in the specified amount will not, as a rule,
result in the issuance of a new Policy, the amount of such increase or decrease
should be reported separately from the base specified amount so that differences
in premium rates can be reflected. For example, the amount of increase in
specified amount might involve a substandard rating that differs from the rating
for the base specified amount. In any such case, a separate policy number
suffix should be assigned.
Any significant deviations from these reporting guidelines must be agreed to by
Munich Re.
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
EXHIBIT E
(CONTINUED)
POLICY CHANGES REPORT
Each monthly Policy Changes Report should show details for each Policy for which
any transaction (see codes 4-12 below) occurred which has an effect on either
the reinsurance amount at risk or reinsurance premium. The basic Policy details
to be shown include the following:
a. Policy number
b. Name of insured
* x. Xxxx of birth
d. Transaction code (changes to in-force)
4. Termination without value
5. Policy not placed (NTO)
6. Surrender (full or partial)
7. Reinstatement
8. Increase in specified amount
9. Decrease in specified amount
10. Conversion or change of plan (e.g., Option A to Option B)
11. Death
12. Other (Please describe.)
Under item 12, describe any other amendments such as partial
recapture, full recapture, table rating reduction, etc,
e. Effective date of transaction
f. Net increase or decrease in reinsurance amount at risk from the
reinsurance amount at risk last reported to Munich Re before the change
g. Reinsurance premium adjustment (separately for first year/renewal)
h. Net adjustment due Munich Re (separately for first year/renewal)
i. Currency code if not U.S. currency
Subtotals of Policy count and reinsurance amount at risk should be provided for
each transaction code where the transaction is such that the Policy count
in-force is altered by the transaction. For items g and h, only grand totals
are required (separately for first year/renewal/combined).
The premium adjustments should include adjustments up to the current reporting
period (e.g., month, quarter).
It is not necessary to adhere strictly to the set of transaction codes shown
above as long as the amendments are clearly identified and appropriate subtotals
and totals can be provided.
*Desirable but not required
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
EXHIBIT E
(CONTINUED)
IN-FORCE SUMMARY FORM
SELF-ADMINISTERED LIFE REINSURANCE
Summary Report
For the Period through
To Munich American Reassurance Company
Company Name Account Number
Treaty ID:
Plan ID:
Prepared By Date Phone
I. Policy Exhibit Summary (Life Reinsurance Only)
Number of Amount of
Policies Reinsurance
A. In-force As Of Last Report
B. New Paid Reinsurance Ceded
C. NTO
D. Reinstatements
E. Administrative New Business (Conversions, Etc.)
F. Lapses
G. Recaptures
H. Surrenders (Coinsurance Only)
I. Death
J. Expiries
K. Administrative Lapses
L. Increase/Decrease XXXXXX
M. In-force As Of Current Report
N. ADB In-force As of Current Report XXXXXX
II. Accounting Summary
--------------------------------------------------------------------------------------
Premiums Commissions
Net Due
Category ------------------------ ------------------------ Other* Munich Re-Life
First Year Renewal Year First Year Renewal Year
------------- ------------------------ ------------------------ ------ --------------
Life
--------------------------------------------------------------------------------------
WP
--------------------------------------------------------------------------------------
ADB
--------------------------------------------------------------------------------------
Total
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* If more than one category is included (e.g., surrender benefits,
dividends), please show details on the reverse side of this form. RADF61
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
EXHIBIT F
SELF-ADMINISTERED CLAIM REPORTING
The Ceding Company will self-administer all reinsurance claim reporting.
The Ceding Company will send Munich Re the information listed below at the
frequency specified.
PREMIUM TRANSACTION REPORTS [MONTHLY]
1. New Business
2. First Year - Other than New Business
3. Renewal Year
4. Changes and Terminations
Data may be provided on one report as long as the above transactions types
are properly noted. The Ceding Company agrees to provided the following
policy data in each Premium Transaction Report:
1. Insured name
2. Insured date of birth
3. Policy number
4. Policy issue date
5. Duration
6. Gender
7. Issue age
8. Residence
9. Occupation or occupation class
10. Underwriting class (standard, preferred, smoker, nonsmoker)
11. Morbidity rating
12. Plan of insurance
13. Benefit period
14. Elimination period
15. Base benefit amount issued
16. Base benefit amount retained
17. Base benefit amount ceded
18. Rider type
19. Rider benefit amount issued
20. Rider benefit amount retained
21. Rider benefit amount ceded
Additionally, the following information must be provided for multilife
business:
22. Multilife case number
23. Premium discount percentage
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
EXHIBIT F
(CONTINUED)
24. Additional information may be requested for reinsurance paid on an
"as collected" basis
a. Earned premiums
b. Due and unpaid premiums
c. Paid in advance premiums
d. Premium paid from date
e. Premium paid to date
CLAIM TRANSACTION REPORTS [QUARTERLY]:
The Ceding Company agrees to provide the following Policy data in each
Claim Transaction Report:
1. Insured name
2. Insured date of birth
3. Claim number
4. Policy number
5. Policy issue date
6. Duration
7. Gender
8. Issue age
9. Residence
10. Cause of claim
11. Accident or sickness
12. Date of claim inception
13. Base benefit amount (monthly or other) - total
14. Base benefit amount (monthly or other) - retained
15. Base benefit amount (monthly or other) - ceded
16. Base benefit reinsured claim paid
a. Claim paid from date
b. Claim paid to date
17. Waiver of premium benefit reinsured claim paid
a. Claim paid from date
b. Claim paid to date
18. Rider type
a. Rider benefit amount (monthly or other) - total
x. Xxxxx benefit amount (monthly or other) - retained
x. Xxxxx benefit amount (monthly or other) - ceded
x. Xxxxx benefit period
x. Xxxxx elimination period
x. Xxxxx benefit reinsured claim paid
i. Claim paid from date
ii. Claim paid to date
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
EXHIBIT F
(CONTINUED)
19. Social insurance supplement benefit reinsured claim paid
a. Claim paid from date
b. Claim paid to date
20. Residual benefit reinsured claim paid
a. Claim paid from date
b. Claim paid to date
c. Residual percentage
21. Date of COLA Increase
22. COLA percentage
CLAIM STATUS REPORT [QUARTERLY]
This periodic report is a summary of all claims with the Reinsurer showing
new, open, approved, terminated and pending claims as of the report date
and for the applicable reporting period. The report will include basic
policy characteristics of each claim similar to items shown in the
transaction reports, including but not limited to cause of claim, whether
accident or sickness, incurred date, and for claims terminating, the claim
termination date and reason for claim termination.
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TREATY #3684 MUNICH AMERICAN REASSURANCE COMPANY
