AMENDMENT to the AUTOMATIC AND FACULTATIVE YEARLY RENEWABLE TERM AGREEMENT Dated April 1, 2005 (herein after called the “Agreement”) between MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY, Springfield, Massachusetts, and MML BAY STATE LIFE INSURANCE...
Item 26. Exhibit (g) iv.
CO#
TAI Code:
AMENDMENT
to the
AUTOMATIC AND FACULTATIVE YEARLY RENEWABLE TERM AGREEMENT Dated April 1, 2005
(herein after called the “Agreement”)
between
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY, Springfield, Massachusetts,
C.M. LIFE INSURANCE COMPANY, Enfield, Connecticut,
and MML BAY STATE LIFE INSURANCE COMPANY, Enfield, Connecticut
(hereinafter called the “Ceding Company”)
and
RGA REINSURANCE COMPANY, St. Louis, Missouri
(hereinafter called the “Reinsurer”)
This Amendment is Effective February 1, 2014
I. | Effective upon policy anniversary renewal beginning February 1, 2014, Schedule D.1 and Schedule J of The Agreement are hereby revised by the attached “Schedule D.1: Revised February 1, 2014” and “Schedule J: Revised February 1, 2014”. This amendment will serve to update rates in accordance with the as described in Schedule D.2 ( , eff 2/1/2010) of this treaty. Rate changes apply to as well as . The rates herein shall be used for any billing transactions effective on or after February 1, 2014 excluding . |
II. | All provisions and conditions of the Agreement not specifically modified herein remain unchanged. |
[SIGNATURE PAGE FOLLOWS]
Attachments: “Schedule D.1: Revised February 1, 2014” and “Schedule J: Revised February 1, 2014”
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IN WITNESS WHEREOF, the Ceding Company and the Reinsurer have caused their names to be subscribed and duly attested hereunder by their respective Officers and assignees.
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY | ||||||||
BY: | /s/ Xxxxx X Xxxxxx |
ATTEST: | /s/ Xxxx X Xxxxxxxx | |||||
Xxxxx X Xxxxxx |
Xxxx X Xxxxxxxx | |||||||
Vice President & Actuary |
Assistant Vice President & Actuary | |||||||
DATE: | 5-20-14 |
DATE: | 5-20-14 | |||||
C.M. LIFE INSURANCE COMPANY | ||||||||
BY: | /s/ Xxxxx X Xxxxxx |
ATTEST: | /s/ Xxxx X Xxxxxxxx | |||||
Xxxxx X Xxxxxx |
Xxxx X Xxxxxxxx | |||||||
Vice President & Actuary |
Assistant Vice President & Actuary | |||||||
DATE: | 5-20-14 |
DATE: | 0-00-00 | |||||
XXX XXX XXXXX LIFE INSURANCE COMPANY | ||||||||
BY: | /s/ Xxxxx X Xxxxxx |
ATTEST: | /s/ Xxxx X Xxxxxxxx | |||||
Xxxxx X Xxxxxx |
Xxxx X Xxxxxxxx | |||||||
Vice President & Actuary |
Assistant Vice President & Actuary | |||||||
DATE: | 5-20-14 |
DATE: | 5-20-14 | |||||
RGA REINSURANCE COMPANY | ||||||||
BY: | /s/ Xxxxx X Xxxxxx |
ATTEST: | /s/ Xxxxxxx X Xxxxxxxxx | |||||
TITLE: | VP & Actuary |
TITLE: | VP & Actuary | |||||
DATE: | 5/14/2014 |
DATE: | 5/14/2014 |
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SCHEDULE D.1: Revised February 1, 2014
PREMIUMS
PRODUCT:
Rate Name:
The following rates are applicable for certificates issued on or after April 1, 2005, for the category of the product. This rate category is intended for that meet all .
The consideration shall be based on the appropriate taken from the in Schedule J: Revised February 1, 2014, :
Pay | Maximum | MassMutual | ||||||||
Risk Class | Percentage | Pay Percentage | Admin Code |
For rates, the rates in the in Schedule J: Revised February 1, 2014 will be .
These rates will be subject to a as described in Schedule D.2: .
%
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Schedule J: Revised February 1, 2014
(Note: The )
Base Rate Table: the following table will be used as the base rate table. This table will be
listed in Exhibit C to .
For rates, the rates in the will be
.
Base Rate Table | Monthly Rate Per $1000 of Amount at Risk | |||||||||
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AMENDMENT to the
AUTOMATIC YRT AGREEMENT
(the “Agreement”)
between
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY,
MML BAY STATE LIFE INSURANCE COMPANY, and
C.M. LIFE INSURANCE COMPANY
(hereinafter the “Ceding Company”)
and
RGA REINSURANCE COMPANY
(hereinafter the “Reinsurer”)
Original Treaty Effective Date: April 1, 2005
Coverage: Strategic Edge Group Universal Life (GUL) with or without the variable rider
(GVUL) Non-New York State
TAI Codes:
Effective June 1, 2014, the Amendment Effective Date, the GVUL Underwriting Guidelines (referenced in amendment # effective January 1, 2010) will be revised for as follows:
1. | On page of amendment # , the grid shown below will be deleted; |
Coverage |
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[table deleted]
and will be replaced with the following:
Coverage |
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[table deleted]
2. | On page of amendment # , the paragraph shown below will be deleted; |
For both coverage, if the above requirements are met, .
and will be replaced with the following:
For both coverage, if the above requirements are met,
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.
3. | Starting on page of amendment # , the last section shown below will be deleted; |
.
When a .
and will be replaced with the following:
.
When a .
All terms and conditions of this Agreement not in conflict with the terms and conditions of this Amendment shall continue unchanged.
[SIGNATURE PAGE FOLLOWS]
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IN WITNESS WHEREOF, this Amendment is hereby executed in good faith by both parties:
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY | ||||||||||||
By: | /s/ Xxxxx X Xxxxxx |
Date: | 7-14-14 |
|||||||||
Xxxxx X. Xxxxxx | ||||||||||||
Vice President & Actuary | ||||||||||||
MML BAY STATE LIFE INSURANCE COMPANY | ||||||||||||
By: | /s/ Xxxxx X Xxxxxx |
Date: | 7-14-14 |
|||||||||
Xxxxx X. Xxxxxx | ||||||||||||
Vice President & Actuary | ||||||||||||
C.M. LIFE INSURANCE COMPANY | ||||||||||||
By: | /s/ Xxxxx X Xxxxxx |
Date: | 7-14-14 |
|||||||||
Xxxxx X. Xxxxxx | ||||||||||||
Vice President & Actuary | ||||||||||||
RGA REINSURANCE COMPANY | ||||||||||||
By: | /s/ Xxxxx X. Xxxxxx |
Date: | 7/9/2014 |
|||||||||
Print name | Xxxxx X. Xxxxxx |
|||||||||||
Title: | VP & Actuary |
|||||||||||
RGA REINSURANCE COMPANY | ||||||||||||
By: | /s/ Xxxxxxx X Xxxxxxxxx |
Date: | 7/9/2014 |
|||||||||
Print name | Xxxxxxx X Xxxxxxxxx |
|||||||||||
Title: | VP & Actuary |