Amendment No.1 to the Coinsurance Agreement between American Life & Security Corp. (“Ceding Company”) And US Alliance Life and Security Company (“Reinsurer) Effective September 30, 2017
Exhibit 10.10.1
Amendment No.1 to the Coinsurance Agreement between
American Life & Security Corp. (“Ceding Company”)
And
US Alliance Life and Security Company (“Reinsurer)
Effective September 30, 2017
This Amendment No. 1 to the Coinsurance Treaty effective September 30, 2017 between American Life & Security Corp. (“Ceding Company”) and US Alliance Life and Security Company (“Reinsurer”) shall be effective as of June 1, 2020.
All provisions of the Coinsurance Agreement shall remain in full force and effect.
Exhibit “A”, Policies Reinsured, shall be amended to include the following policies from Ceding Company.
0000000000
6000125400
Ceding Company agrees to transfer the reserves on said policies as of the effective date hereof to Reinsurer.
The parties hereto have caused this Addendum to be executed as of the Effective Date.
American Life & Security Corp.
By: ________________________________________
Xxxx X. Xxxxxx, VP & Secretary
May 15, 2020
Attest:
By: ________________________________________
Xxx Xxxxxxxx, VP & Treasurer
US Alliance Life and Security Company
By: ________________________________________
Xxxx X. Xxxxx, President
May 15, 2020
Attest:
By: ________________________________________
Xxxx Xxxxx, EVP and COO