Amendment XII to Reinsurance Agreement 5356-1 (Automatic Coinsurance Bulk
Universal Life) between the CENTURY LIFE OF AMERICA of Waverly, Iowa, and the
LIFE REASSURANCE CORPORATION OF AMERICA of Stamford, Connecticut.
Amendment XII.
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Effective October 1, 1995 Schedule A, Part II - Automatic Binding Limits, Page 2
is hereby voided and replaced with attached Schedule A, Part II, Page 2 -
Amended.
All provisions of the Reinsurance Agreement not in conflict with the provisions
of this Amendment will continue unchanged.
This Amendment is signed in duplicate at the dates and places indicated with an
effective date of October 1, 1995.
Date: Nov 15, 0000 XXXXXXX XXXX XX XXXXXXX
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Place: Waverly, IA By: /s/ Xxxxxx X. Xxxxxxxxxx
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Witness: /s/ Xxxxx Xxxxxx Title: Vice President
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LIFE REASSURANCE
Date: 8 Nov, 0000 XXXXXXXXXXX XX XXXXXXX
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Place: Stamford, CT By: /s/ Xxxxxxx Carrataro
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Witness: /s/ Xxxxxxx Xxxxxxx Title: Vice President
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LIFE RE AMENDMENT XII, AGREEMENT #5356-1 [LOGO OF LIFE RE]
11/03/1995
Schedule A, Pg 2
Part II - AUTOMATIC BINDING LIMITS
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A. LIFE
Ages 0 - 80
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* Four (4) times Life retention
* If, on a current issue, the amount to be ceded, combined with all other
amounts ceded to Life Re on that life, exceeds $999,999, the total
current issue will be submitted on an individual cession. All future
amounts ceded to Life Re on that life must also be submitted on an
individual cession basis.
B. WAIVER OF PREMIUM
Excess of Retention not to exceed the Acceptance and Participation
Limits (Article I.4.)
C. ACCIDENTAL DEATH BENEFIT
To $150,000 subject to Jumbo Limits (Article I.3.)
Part III - SURNAMES COVERED
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The preceding schedules refer to insured lives whose surnames begin with
the letters L through Z on the plans shown in Schedule C.
EFFECTIVE OCTOBER 1, 1995
LIFE RE AMENDMENT XII, AGREEMENT #5356-1 [LOGO OF LIFE RE]
11/03/1995
