000-00-00
AMENDMENT
TO THE REINSURANCE AGREEMENTS (THE "AGREEMENTS")
LISTED IN THE ATTACHED EXHIBIT 1 BETWEEN
CUNA MUTUAL LIFE INSURANCE COMPANY OF WAVERLY, IOWA,
("COMPANY")
AND
RGA REINSURANCE COMPANY OF ST. LOUIS, MISSOURI
("REINSURER")
The Agreements between CUNA Mutual Life Insurance Company ("COMPANY") and RGA
Reinsurance Company ("REINSURER"), are hereby amended by the addition of the
following Article of Confidentiality and Sharing of Customer Information:
ARTICLE OF CONFIDENTIALITY AND SHARING OF CUSTOMER INFORMATION
The parties acknowledge and agree that it may be necessary for COMPANY to share
customer information ("Customer Information") with REINSURER in order for
REINSURER to meet its obligations under this Agreement. With respect to the
sharing, use and protection of Customer Information, REINSURER agrees to the
following:
(a) CONFIDENTIALITY AND RESTRICTIONS ON REDISCLOSURE OF CUSTOMER INFORMATION.
REINSURER agrees to hold in strict confidence Customer Information obtained
from COMPANY during this Agreement.REINSURER agrees not to disclose
Customer Information, in any form or medium, to any affiliated or
nonaffiliated person, firm or corporation except as necessary to perform
services under this Agreement or as may be required by law. The parties
acknowledge and agree that disclosing Customer Information to effectuate,
service or administer a Customer transaction shall not be considered a
breach of the confidentiality obligations created hereunder. To the extent
that REINSURER contracts with a third party that obtains Customer
Information in order to provide services under this Agreement, REINSURER
agrees to obtain contractual confidentiality protections to require the
third party to hold Customer Information in strict confidence and not
disclose it to any person unless required by law. REINSURER agrees to
return all Customer Information to COMPANY either upon request or
termination of this Agreement.
(b) USE OF CUSTOMER INFORMATION. REINSURER agrees to use Customer Information
only to provide services hereunder and not to use such information for any
other purpose.
(c) OBLIGATION TO MAINTAIN SECURITY OVER CUSTOMER INFORMATION. REINSURER agrees
to implement and maintain reasonable and customary security measures to
safeguard Customer Information. Such measures shall include, but not be
limited to, requiring employees who will have access to such information to
agree to the confidentiality requirments of this Article.
(d) CONFIDENTIALITY OBLIGATIONS SURVIVE TERMINATION OF THE AGREEMENT. The
obligation of REINSURER set forth in this Article shall survive the
termination of this Agreement.
In Witness Whereof, the undersigned parties have executed this Agreement to be
effective July 1, 20001.
CUNA MUTUAL LIFE INSURANCE COMPANY RGA REINSURANCE COMPANY
BY : /s/ Xxxxxxx X. Xxxxx BY: /s/ X. Xxxxxxx
-------------------------- --------------------------
NAME: Xxxxxxx X. Xxxxx NAME: X. Xxxxxxx
-------------------------- ------------------------
TITLE: VP - L & H Sales TITLE: Sales V.P.
-------------------------- ------------------------
DATE: 8/22/01 DATE: 8/3/01
-------------------------- ------------------------
Exhibit 1
RGA REINSURANCE COMPANY
Agreement
Agreement Number/ Type of Effective Date
Revision Number Agreement From Through Agreement Status
---------------- --------- ---- ------- ----------------
844-0-06 Risk Premium Reinsurance 09/01/1991 ---- Effective
