Exhibit (g)(2)
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.]
00000-00-00
ADDENDUM
to the
AUTOMATIC AND FACULTATIVE YRT AGREEMENT Effective June 1, 2008
between
AMERITAS LIFE INSURANCE CORP., Lincoln, Nebraska
(hereinafter called the "Ceding Company")
and
RGA REINSURANCE COMPANY, Chesterfield, Missouri
(hereinafter called the "Reinsurer")
This Addendum is Effective December 1, 2008
I. ADDITION OF AMERITAS ADVISOR VUL PLAN, EXCEL PERFORMANCE VUL PLAN AND
ASSOCIATED RIDERS
As of the effective date of this Addendum, the attached Exhibit B, Business
Covered is hereby added to this Agreement which now includes the above
plans and riders.
II. The limits and premium administration basis for the above plans and riders
are as shown in the attached Exhibit C, Binding Limits and Exhibit D,
Reinsurance Premiums respectively.
III. All provisions of the Automatic and Facultative YRT Agreement not
specifically modified herein remain unchanged.
IN WITNESS WHEREOF, all parties have executed this Addendum in duplicate as
follows:
AMERITAS LIFE INSURANCE CORP. RGA REINSURANCE COMPANY
By: /s/ Xxxx Xxxxxxx By: /s/ Xxxxx Xxxxxx
---------------------------- ---------------------------
(Signature) (Signature)
Title: Corporate Actuary Title: Vice President
--------------------------- --------------------------
Date: 3/10/2011 Date: 2/16/2011
---------------------------- ---------------------------
Location: Cincinnati, OH Location: Chesterfield, Missouri
------------------------ -----------------------
(000)00000-00-00 1 02/16/11
EXHIBIT B - BUSINESS COVERED
--------------------------------------------------------------------------------
The business reinsured under this Agreement is defined as follows:
Policies issued on the business identified below will qualify for reinsurance if
the application date for the policy is on or after the Effective Date of this
Agreement.
Effective December 1, 2008
---------------------------------------
Included Plans:
---------------------------------------
Ameritas Advisor VUL
---------------------------------------
---------------------------------------
Excel Performance VUL
(non-New York business written by the
Ceding Company)
---------------------------------------
---------------------------------------
Benefits & Riders:
---------------------------------------
Accelerated Benefits Rider
---------------------------------------
Accounting Benefit Rider
---------------------------------------
Guaranteed Insurability Rider
---------------------------------------
Insurance Exchange Rider
---------------------------------------
Scheduled Increase Rider
---------------------------------------
Term Insurance Rider
---------------------------------------
Total Disability Rider
---------------------------------------
Supplemental Coverage Rider
---------------------------------------
(000)00000-00-00 2 02/16/11
EXHIBIT C - BINDING LIMITS
--------------------------------------------------------------------------------
C.1 REINSURER'S SHARE
The Reinsurer's share will be [*] of the excess over the Ceding Company's
Retention specified in Exhibit A. This amount will not exceed the Reinsurer's
share of the maximum Automatic Binding Limits specified in Exhibit C.2.
C.2 AUTOMATIC BINDING LIMITS
a. Life
For the purpose of determining the Automatic Binding Limit a [*] per
1,000 temporary or permanent flat extra rating will be considered one table
in determining the limits as shown below.
------------------------------------------------------------
Preferred Plus Table 1-4 (A-D) Table 5-16 (E-P)
Preferred Flat Extras Flat Extras
Issue Age Standard Up to $7.50 $7.51 and Up
---------- --------------- ---------------- ----------------
0-65 [*] [*] [*]
---------- --------------- ---------------- ----------------
66-75 [*] [*] [*]
---------- --------------- ---------------- ----------------
76-80 [*] [*] [*]
---------- --------------- ---------------- ----------------
*The (pool) maximum Automatic Binding amounts above include the Ceding
Company's Retention per insured.
b. Total Disability Benefits:
Same as Life except the amount cannot exceed the maximum Total Disability
Benefit described below.
The maximum Total Disability benefit reinsured is no more than [*] in
annual premiums or charges.
Note: The above limits represent the Reinsurer's share.
c. Professional Athletes will not be covered on an Automatic basis.
C.3 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.
Life:
---------- --------------- ---------------- ----------------
Issue Through Through Through
Age Table 4 Table 8 Table 16
---------- --------------- ---------------- ----------------
0-80 [*] [*] [*]
---------- --------------- ---------------- ----------------
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C.4 CONDITIONAL RECEIPT OR TEMPORARY INSURANCE AGREEMENT
The amount of such coverage provided by the Reinsurer will be limited to its
share of the following amounts provided by the Ceding Company's Conditional
Receipt or Temporary Insurance Agreement.
----------------
Maximum Amount
----------------
[*]
----------------
C.5 AGE LIMITS
Ameritas Advisor VUL
Excel Performance VUL
---------------------
Age Class
------ ------------------
0-17 Juveniles NT
------ ------------------
18-80 Standard TB
------ ------------------
18-75 Preferred Plus NT
------ ------------------
18-80 Preferred NT
------ ------------------
18-80 Select NT
------ ------------------
18-80 Preferred TB
------ ------------------
18-80 Standard NT
------ ------------------
Total Disability Rider
----------------------
0-55
Guaranteed Insurability Rider
-----------------------------
0-37
Scheduled Increase Rider
------------------------
0-60
Accelerated Benefits Rider
Term Insurance Rider
Accounting Benefit Rider
Insurance Exchange Rider
Supplemental Coverage Rider
---------------------------
Same as base plan above
C.6 MINIMUM CESSION
[*]
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EXHIBIT D - REINSURANCE PREMIUMS
--------------------------------------------------------------------------------
D.1 BASE PLAN PARAMETERS
Plans covered under this Agreement will be reinsured on a YRT basis with the
Reinsurer participating only in mortality risks (not cash values, loans,
dividends or other features specific to permanent policies). The mortality risk
shall be the net amount at risk on that portion of the policy which is reinsured
with the Reinsurer.
Reinsurance premiums will be determined according to the amount reinsured with
the Reinsurer per insured life as follows. The life reinsurance premium will be
calculated in the case of life risks, by multiplying the appropriate life
premium rate per thousand (1,000), from Rate Schedule 1 of the base Agreement,
for the age of the insured, at the beginning of the policy year, by the Policy
Net Amount at Risk reinsured for that policy year, multiplied by the applicable
pay percentage as shown below. The same procedure will apply for single premium
policies and for paid up policies.
Reinsurance premiums will be the annual premium rates in Rate Schedule 1,
multiplied by the following percentages.
Ameritas Advisor VUL
Excel Performance VUL
---------------------
Issue Ages (0-17) Male/Female
Underwriting Class Year 1 Year 2+
------------------ ------ -------
Standard NT [*] [*]
Issue Ages (18-70) Male
Underwriting Class Year 1 Year 2+
------------------ ------ -------
Preferred Plus NT [*] [*]
Preferred NT [*] [*]
Select NT [*] [*]
Standard NT [*] [*]
Preferred TB [*] [*]
Standard TB [*] [*]
Issue Ages (71+) Male
Underwriting Class Year 1 Year 2+
------------------ ------ -------
Preferred Plus NT [*] [*]
Preferred NT [*] [*]
Select NT [*] [*]
Standard NT [*] [*]
Preferred TB [*] [*]
Standard TB [*] [*]
Issue Ages (18-70) Female
Underwriting Class Year 1 Year 2+
------------------ ------ -------
Preferred Plus NT [*] [*]
Preferred NT [*] [*]
Select NT [*] [*]
Standard NT [*] [*]
Preferred TB [*] [*]
Standard TB [*] [*]
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Issue Ages (71+) Female
Underwriting Class Year 1 Year 2+
------------------ ------ -------
Preferred Plus NT [*] [*]
Preferred NT [*] [*]
Select NT [*] [*]
Standard NT [*] [*]
Preferred TB [*] [*]
Standard TB [*] [*]
The Reinsurer will not participate in the table shave program as all table shave
business is within the Ceding Company's retention.
D.2 AGE BASIS
Age Nearest Birthday
D.3 POLICY FEES
The Reinsurer will not participate in any policy fees.
D.4 SUBSTANDARD RATINGS
Premiums will be based on the standard rate increased by an extra [*] per table
of assessed rating. Pay percentages are the same as those for standard life
coverage.
D.5 FLAT EXTRAS
The total premium remitted to the Reinsurer will include the flat extra premium.
The Reinsurer shall pay an expense allowance as a percentage of the flat extra
premium as shown below.
-----------------------------------------------------
Type of Flat Extra Premium First Year Renewal
-----------------------------------------------------
Temporary (1-5 Years) [*] [*]
-----------------------------------------------------
Permanent (6 Years & Greater) [*] [*]
-----------------------------------------------------
D.6 RIDERS AND BENEFITS
Accelerated Death Benefit
No premiums are payable for this benefit.
Accounting Benefit Rider
Same rates as base coverage.
Extended Maturity Rider
The Reinsurer will be on the risk for attained ages past 100, and the Ceding
Company will pay premiums as long as the Reinsurer is on the risk.
Guaranteed Insurability Rider
Reinsurance premiums will be based on the Ceding Company's premiums for the
Guaranteed Insurability Rider times [*] in the first year and [*] in renewal
years. Coverage added will use the same rates as the base coverage on a
point-in-scale basis from the original point of underwriting.
Insurance Exchange Rider
Same rates as base coverage, assuming full underwriting for the new insured.
Scheduled Increase Rider
Coverage added will use the same rates as the base coverage on a point-in-scale
basis from the original point of underwriting.
(000)00000-00-00 6 02/16/11
Term Insurance Rider
Same premium basis as base coverage. When the riders are renewed, the
reinsurance premiums will be point-in-scale rates from the original point of
underwriting.
Total Disability Rider
The Reinsurer will receive its share of Total Disability Rider premiums for
excess amounts over retention as reinsurance premiums for covering this benefit.
Reinsurance allowances will be [*] of the Ceding Company's premiums in the first
policy year and [*] in renewal years.
Supplemental Coverage Rider
Same premium basis as base coverage.
(000)00000-00-00 7 02/16/11
Reinsurer Agreement No. 00000-00-00
AUTOMATIC/FACULTATIVE YRT
REINSURANCE AGREEMENT
(hereinafter referred to as the "Agreement")
Between
AMERITAS LIFE INSURANCE CORP.
Lincoln, Nebraska
(hereinafter referred to as the "Ceding Company")
and
RGA REINSURANCE COMPANY
Chesterfield, Missouri
(hereinafter referred to as the "Reinsurer")
EFFECTIVE: June 1, 2008
(000)00000-00-00 2/16/2011
TABLE OF CONTENTS
-----------------
ARTICLE 1 - PREAMBLE...........................................................5
1.1 PARTIES TO THIS AGREEMENT............................................5
1.2 COMPLIANCE...........................................................5
1.3 CONSTRUCTION.........................................................5
1.4 ENTIRE AGREEMENT.....................................................5
1.5 SEVERABILITY.........................................................5
1.6 WAIVER...............................................................5
ARTICLE 2 - AUTOMATIC REINSURANCE..............................................6
2.1 GENERAL CONDITIONS...................................................6
2.2 RETAINED AMOUNTS.....................................................6
2.3 EXPENSE OF ORIGINAL POLICY...........................................6
ARTICLE 3 - FACULTATIVE REINSURANCE............................................7
ARTICLE 4 - COMMENCEMENT OF LIABILITY..........................................8
4.1 AUTOMATIC REINSURANCE................................................8
4.2 FACULTATIVE REINSURANCE..............................................8
4.3 CONDITIONAL RECEIPT OR TEMPORARY INSURANCE AGREEMENT.................8
ARTICLE 5 - PREMIUM ACCOUNTING.................................................9
5.1 PREMIUMS.............................................................9
5.2 PAYMENT OF PREMIUMS..................................................9
5.3 DELAYED PAYMENT......................................................9
5.4 FAILURE TO PAY PREMIUMS..............................................9
5.5 PREMIUM RATE GUARANTEE..............................................10
ARTICLE 6 - POLICY REDUCTIONS, TERMINATIONS AND CHANGES.......................11
6.1 REDUCTIONS AND TERMINATIONS.........................................11
6.2 INCREASES...........................................................11
6.3 RISK CLASSIFICATION CHANGES.........................................12
6.4 REINSTATEMENT.......................................................12
6.5 NONFORFEITURE BENEFITS..............................................12
6.6 POLICY LOANS........................................................12
ARTICLE 7 - EXCHANGES AND REPLACEMENTS........................................13
7.1 NOTIFICATION AND PLACEMENT..........................................13
7.2 PREMIUMS............................................................13
7.3 INCREASES IN AMOUNT.................................................13
7.4 FACULTATIVE CONSIDERATIONS..........................................13
ARTICLE 8 - POLICY RESCISSION.................................................14
ARTICLE 9 - CLAIMS............................................................15
9.1 COVERAGE............................................................15
9.2 NOTICE..............................................................15
9.3 PROOFS..............................................................15
9.4 AMOUNT AND PAYMENT OF REINSURANCE BENEFITS..........................15
9.5 DISPUTED CLAIMS.....................................................16
9.6 CLAIM EXPENSES......................................................16
9.7 MISREPRESENTATION OR SUICIDE........................................16
9.8 MISSTATEMENT OF AGE OR GENDER.......................................16
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9.9 EXTRA-CONTRACTUAL DAMAGES...........................................16
ARTICLE 10 - RETENTION LIMIT CHANGES..........................................17
ARTICLE 11 - RECAPTURE........................................................18
ARTICLE 12 - GENERAL PROVISIONS...............................................20
12.1 CURRENCY............................................................20
12.2 PREMIUM TAX.........................................................20
12.3 INSPECTION OF RECORDS...............................................20
12.4 FORMS, MANUAL, ISSUE RULES AND CLAIMS PRACTICES.....................20
12.5 ANTI-MONEY LAUNDERING...............................................20
12.6 INTEREST RATE FOR BALANCES IN DEFAULT...............................20
ARTICLE 13 - DAC TAX..........................................................21
ARTICLE 14 - OFFSET...........................................................22
ARTICLE 15 - INSOLVENCY.......................................................23
15.1 INSOLVENCY OF A PARTY TO THIS AGREEMENT............................23
15.2 INSOLVENCY OF THE CEDING COMPANY...................................23
ARTICLE 16 - ERRORS AND OMISSIONS.............................................24
ARTICLE 17 - ARBITRATION......................................................25
17.1 GENERAL.............................................................25
17.2 NOTICE..............................................................25
17.3 PROCEDURE...........................................................25
17.4 ARBITRATION COSTS...................................................26
17.5 SITE OF ARBITRATION.................................................26
17.6 ARBITRATION SETTLEMENT..............................................26
ARTICLE 18 - DURATION OF AGREEMENT............................................27
ARTICLE 19 - REPRESENTATIONS AND WARRANTIES...................................28
ARTICLE 20 - DEFINITIONS......................................................29
ARTICLE 21 - EXECUTION........................................................32
EXHIBIT A - RETENTION SCHEDULE OF THE CEDING COMPANY..........................33
A.1 LIFE INSURANCE.........................................................33
A.2 TOTAL DISABILITY RIDER.................................................33
EXHIBIT B - BUSINESS COVERED..................................................34
EXHIBIT C - BINDING LIMITS....................................................35
C.1 REINSURER'S SHARE......................................................35
C.2 AUTOMATIC BINDING LIMITS...............................................35
C.3 JUMBO LIMITS...........................................................36
C.4 CONDITIONAL RECEIPT OR TEMPORARY INSURANCE AGREEMENT...................36
C.5 AGE LIMITS.............................................................36
C.6 MINIMUM CESSION........................................................36
C.7 MINIMUM INITIAL FACE AMOUNT-SURVIVOR SECONDARY GUARANTEE UL............37
(000)00000-00-00 3 2/16/2011
EXHIBIT D - REINSURANCE PREMIUMS..............................................38
D.1 BASE PLAN PARAMETERS...................................................38
D.2 AGE BASIS..............................................................39
D.3 POLICY FEES............................................................39
D.4 SUBSTANDARD RATINGS....................................................39
D.5 FLAT EXTRAS............................................................39
D.7 RIDERS AND BENEFITS....................................................41
EXHIBIT D - RATE SCHEDULE 1...................................................42
EXHIBIT E - SELF-ADMINISTERED REPORTING.......................................43
E.1 REPORTING REQUIREMENTS.................................................43
E.2 BUSINESS REPORTED ELECTRONICALLY.......................................43
E.3 STATEMENT SPECIFICATIONS...............................................44
E.4 POLICY EXHIBIT.........................................................45
E.5 ACCOUNTING SUMMARY......................................................46
EXHIBIT F - APPLICATION FOR FACULTATIVE REINSURANCE...........................47
EXHIBIT G - ALLOCATION RULES FOR PLACEMENT OF FACULTATIVE CASES...............48
(000)00000-00-00 4 2/16/2011
ARTICLE 1 - PREAMBLE
--------------------------------------------------------------------------------
1.1 PARTIES TO THIS AGREEMENT
This is a YRT Agreement for indemnity reinsurance (the "Agreement") solely
between Ameritas Life Insurance Corp. of Lincoln, Nebraska and RGA Reinsurance
Company of Chesterfield, Missouri. The Ceding Company and the Reinsurer are
collectively referred to as the "parties".
The acceptance of risks under this Agreement will create no right or legal
relationship between the Reinsurer and the insured, owner or beneficiary of any
insurance policy or other contract of the Ceding Company.
The Agreement will be binding upon the Ceding Company and the Reinsurer and
their respective successors and assigns.
1.2 COMPLIANCE
This Agreement applies only to the issuance of insurance by the Ceding Company
in a jurisdiction in which it is properly licensed.
The Ceding Company and the Reinsurer represent that, to the best of their
knowledge, they are in compliance with all state and federal laws and
regulations applicable to the business reinsured under this Agreement. In the
event that either party is found to be in non-compliance with any such law or
regulation, the Agreement will remain in effect and the parties will seek to
remedy the non-compliance and will indemnify each other for any direct loss
suffered as a result of the non-compliance.
1.3 CONSTRUCTION
This Agreement will be construed in accordance with the laws of the state of
Missouri.
1.4 ENTIRE AGREEMENT
This Agreement constitutes the entire agreement between the parties with respect
to the business 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 amendment to this
Agreement and signed by all parties, except as otherwise provided herein.
1.5 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.
1.6 WAIVER
Either party may choose not to enforce or insist upon the strict adherence to
any provision or right under this Agreement. If either party so elects, it will
not be considered to be a permanent waiver of such provision nor in any way
affect the validity of this Agreement. The applicable party will still have
the right to insist upon the strict adherence to that provision or any other
provision of this Agreement in the future. Any waiver of provisions by a party
under this Agreement must be in writing and signed by a duly authorized
representative of the party.
(000)00000-00-00 5 2/16/2011
ARTICLE 2 - AUTOMATIC REINSURANCE
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2.1 GENERAL CONDITIONS
On and after the Effective Date of this Agreement, the Ceding Company will
automatically cede to the Reinsurer a portion of the life insurance policies,
supplementary benefits, and riders listed in Exhibit B.
The Reinsurer will automatically accept its share of the above-referenced
policies up to the limits shown in Exhibit C, provided that:
a. the Ceding Company keeps its Full Retention, as specified in Exhibit
A, or otherwise holds its Full Retention on a life under the current
policy and/or previously issued in force policies;
b. the Ceding Company applies the underwriting guidelines, practices,
and procedures for risk selection identified by the Ceding Company in
the questionnaire titled "Underwriting Guidelines, Practices and
Procedures" and any Material Changes consented to in writing by the
Reinsurer;
c. the insured, at the time of the application, must be a legal
Permanent Resident of the United States, Canada, Puerto Rico or Guam;
d. the total of the Ultimate Amount of reinsurance required including
contractual increases, and the amount already reinsured on that life
under this Agreement and all other agreements between the Reinsurer
and the Ceding Company, does not exceed the Automatic Binding Limits
set out in Exhibit C;
e. the amount of life insurance in force in all companies, including any
coverage to be replaced, plus the amount currently applied for on that
life in all companies, does not exceed the Jumbo Limits stated in
Exhibit C;
f. the application is on a life that is not a Professional Athlete; and
g. the application is on a life that has not been submitted
facultatively to the Reinsurer or any other Reinsurer within the last
[*] years, unless the reason for any prior Facultative
submission was solely for capacity that may now be accommodated within
the terms of this Agreement.
2.2 RETAINED AMOUNTS
The Ceding Company may not reinsure, on any basis, the amount it has retained on
the business covered under this Agreement without prior notification to and
agreement of the Reinsurer.
2.3 EXPENSE OF ORIGINAL POLICY
The Ceding Company will bear the expense of all medical examinations, inspection
fees and other charges incurred in connection with the Original Policy.
(000)00000-00-00 6 2/16/2011
ARTICLE 3 - FACULTATIVE REINSURANCE
--------------------------------------------------------------------------------
The Ceding Company may submit any application on a plan or rider identified in
Exhibit B to the Reinsurer for its consideration on a Facultative basis.
The Ceding Company will apply for reinsurance on a Facultative basis by sending
to the Reinsurer an application for Facultative reinsurance, providing the
information outlined in Exhibit F. Accompanying this application will be copies
of 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, Ultimate Amount
applied for in all companies, Ultimate Amount to be placed in all companies and
Ultimate Amount to be in force in all companies, and any other information
bearing on the insurability of the risk. The Ceding Company also will notify
the Reinsurer 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 will be promptly transmitted to
the Reinsurer.
After consideration of the application for Facultative reinsurance and related
information, the Reinsurer will promptly inform the Ceding Company of its
underwriting decision. The Reinsurer's offer will expire at the end of [*],
unless otherwise specified by the Reinsurer.
If the underwriting decision is acceptable, the Ceding Company will notify the
Reinsurer in writing of its acceptance of the offer. If any risk is to be
submitted to more than one Reinsurer for consideration, the current allocation
rules for placement of Facultative cases as outlined in Exhibit G will apply.
The relevant terms and conditions of this Agreement will apply to those
Facultative offers made by the Reinsurer and accepted by the Ceding Company.
(000)00000-00-00 7 2/16/2011
ARTICLE 4 - COMMENCEMENT OF LIABILITY
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4.1 AUTOMATIC REINSURANCE
For Automatic reinsurance, the Reinsurer's liability will commence at the same
time as the Ceding Company's liability.
4.2 FACULTATIVE REINSURANCE
For Facultative reinsurance, the Reinsurer's liability will commence at the same
time as the Ceding Company's liability, provided that the Reinsurer has made a
binding Facultative offer and that offer was accepted, during the lifetime of
the insured, in accordance with the terms of this Agreement.
4.3 CONDITIONAL RECEIPT OR TEMPORARY INSURANCE AGREEMENT
Reinsurance coverage under a Conditional Receipt or Temporary Insurance
Agreement is limited to the Reinsurer's share of amounts within the Conditional
Receipt or Temporary Insurance Agreement specified in Exhibit C. The Reinsurer
will accept liability provided that:
a. the Reinsurer has reviewed and approved the Conditional Receipt form
or Temporary Insurance Agreement; and
b. the risk is eligible for Automatic reinsurance under this Agreement;
or the Reinsurer has made a Facultative offer during the lifetime of
the insured and the Ceding Company would have accepted that offer
based on the allocation rules for placement of Facultative cases in
Exhibit G; and
c. the Ceding Company, its agents, or representatives have followed its
normal cash-with-application procedures for such coverage.
(000)00000-00-00 8 2/16/2011
ARTICLE 5 - PREMIUM ACCOUNTING
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5.1 PREMIUMS
Reinsurance premium rates paid by the Ceding Company for life insurance and
other benefits reinsured under this Agreement are shown in Exhibit D. The rates
will be applied to the Reinsured Net Amount at Risk.
5.2 PAYMENT OF PREMIUMS
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 the Reinsurer a statement that
contains the information shown in Exhibit E, showing reinsurance premiums due
for that period. The Ceding Company will remit amounts due the Reinsurer at the
same time as the statement.
5.3 DELAYED PAYMENT
If premium balances remain unpaid for more than sixty (60) days after they are
due pursuant to Article 5.2 above, the Reinsurer reserves the right to charge
interest from the end of the reporting period. Interest will be calculated
using the index specified in Article 12.6.
5.4 FAILURE TO PAY PREMIUMS
The payment of reinsurance premiums is a condition precedent to the liability of
the Reinsurer for reinsurance covered by this Agreement. In the event that
reinsurance premiums are not paid within sixty (60) days after they are due
pursuant to Article 5.2 above, the Reinsurer will have the right to terminate
the reinsurance for all policies having reinsurance premiums in arrears. If the
Reinsurer elects to exercise its right of termination, it will give the Ceding
Company ninety (90) days written notice of its intention. Such notice will be
sent by certified mail.
If all reinsurance premiums in arrears, including any that become in arrears
during the ninety (90) day notice period, are not paid before the expiration of
the notice period, the Reinsurer will be relieved of all liability under those
policies as of the last date to which premiums have been paid for each policy.
Reinsurance on policies on which reinsurance premiums subsequently fall due will
automatically terminate as of the last date to which premiums have been paid for
each policy, unless reinsurance premiums on those policies are paid on or before
their due date pursuant to Article 5.2 above.
Terminated reinsurance may be reinstated, subject to approval by the Reinsurer,
within thirty (30) days of the date of termination, and upon payment of all
reinsurance premiums in arrears including any interest accrued thereon. The
Reinsurer will have no liability for any claims incurred between the date of
termination and the date of the reinstatement of the reinsurance. The right to
terminate reinsurance will not prejudice the Reinsurer's right to collect
premiums for the period during which reinsurance was in force prior to the
expiration of the ninety (90) day notice.
The Ceding Company may not force termination under the provisions of this
Article to avoid the provisions regarding recapture in Article 11, nor to
transfer the reinsured policies to another Reinsurer.
(000)00000-00-00 9 2/16/2011
5.5 PREMIUM RATE GUARANTEE
Although the Reinsurer anticipates that the premium rates in Exhibit D will
apply indefinitely, it guarantees only that the premium rates applicable to the
business reinsured under this Agreement will not exceed the greater of: (1) the
reinsurance premium rates specified in Exhibit D, or (2) the YRT net premiums at
the applicable statutory minimum valuation mortality table and statutory maximum
interest rate for the reinsured business. The Reinsurer does not anticipate
holding any deficiency reserves on the business reinsured under this Agreement.
(000)00000-00-00 10 2/16/2011
ARTICLE 6 - POLICY REDUCTIONS, TERMINATIONS AND CHANGES
--------------------------------------------------------------------------------
Whenever a change is made in the status, plan, amount or other feature of a
policy reinsured under this Agreement, the Reinsurer will, upon receipt of
notification of the change, consider adjusted reinsurance coverage in accordance
with the provisions of this Article. The Ceding Company will notify the
Reinsurer of any change within ninety (90) days after its effective date.
6.1 REDUCTIONS AND TERMINATIONS
In the event of reduction, lapse, or termination of a policy or policies on a
life that is reinsured under this Agreement, the Ceding Company will reduce or
terminate reinsurance on that life. The Reinsurance Death Benefit 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 in
Exhibit A. If the policies are reinsured with multiple reinsurers, the
reinsurance will be reduced by the ratio of the amount of reinsurance in each
company to the total outstanding reinsurance on the risk involved.
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 there is a lapse, termination or
reduction on a policy reinsured under this Agreement where Full Retention is
held on a life, the Ceding Company will reduce the 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 amount reinsured, the reinsurance
on the policy or policies will be terminated.
In the event of the reduction, lapse, death claim or termination of a policy or
policies reinsured under this Agreement, the Reinsurer will refund any unearned
reinsurance premiums. The reinsured portion of any policy fee will be deemed
earned for the entire policy year if the policy was reinsured during any portion
of that policy year.
6.2 INCREASES
a. Noncontractual Increases
If the Initial Death Benefit is increased as a result of a
noncontractual change, the increase will be underwritten by the Ceding
Company in accordance with the underwriting guidelines, practices, and
procedures for risk selection identified by the Ceding Company in the
questionnaire titled "Underwriting Guidelines, Practices and
Procedures" and any Material Changes consented to in writing by the
Reinsurer.
Such increases will be considered new reinsurance under this
Agreement. The Reinsurer's approval is required if the Original Policy
was reinsured on a Facultative basis or if the new amount will cause
the Reinsured Net Amount at Risk on the life to exceed either the
Automatic Binding Limits or the Jumbo Limits shown in Exhibit C.
The Reinsurer will assume its share of the entire amount in excess of
the Ceding Company's Full Retention. Premiums for the additional
reinsurance will be based on the issue age, mortality rating,
underwriting class and duration since the time of underwriting of the
increase. If the reinsurance is Automatic, the amount of reinsurance
must not exceed the Automatic Binding Limits or Jumbo Limits shown in
Exhibit C. If the increase is Facultative, the amount of reinsurance
must not exceed the Ultimate Amount included in the Facultative offer.
(000)00000-00-00 11 2/16/2011
b. Contractual and Regulatory Increases
Reinsurance of increases in amount resulting from contractual policy
provisions will be based on the issue age, mortality rating,
underwriting class and duration from issue of the Original Policy.
The Reinsurer will assume its share of the entire amount in excess of
the Ceding Company's Full Retention. Premiums for the additional
reinsurance will be based on the issue age, mortality rating,
underwriting class and duration since the time of underwriting of the
increase. If the reinsurance is Automatic, the amount of reinsurance
must not exceed the Automatic Binding or Jumbo Limits shown in Exhibit
C. If the reinsurance is Facultative, the amount of reinsurance must
not exceed the Ultimate Amount included in the Facultative offer.
Any change in the Policy 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 the Reinsurer.
6.3 RISK CLASSIFICATION CHANGES
If the policyholder requests a substandard table rating reduction or removal of
a flat extra, such change will be underwritten in accordance with the
underwriting guidelines, practices, and procedures for risk selection identified
by the Ceding Company in the questionnaire titled "Underwriting Guidelines,
Practices and Procedures" and any Material Changes consented to in writing by
the Reinsurer. Risk classification changes on Facultative policies will be
subject to the Reinsurer's approval.
6.4 REINSTATEMENT
Any policy originally reinsured in accordance with the terms and conditions of
this Agreement by the Ceding Company may be automatically reinstated with the
Reinsurer as long as the policy is reinstated in accordance with the established
procedures and rules of the Ceding Company previously disclosed to the
Reinsurer. Any policy originally reinsured with the Reinsurer on a Facultative
basis which has been in a lapsed status for more than ninety (90) days must be
submitted with underwriting requirements and approved by the Reinsurer before it
is reinstated. The Ceding Company will pay the Reinsurer its share of amounts
collected or charged for the reinstatement of such policies.
6.5 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 expiration 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 will be reduced in
accordance with the procedures outlined in Article 6.1.
6.6 POLICY LOANS
The Reinsurer does not participate in policy loans nor other forms of
indebtedness on policies reinsured under this Agreement; therefore, policy loans
do not affect the Reinsured Net Amount at Risk.
(000)00000-00-00 12 2/16/2011
ARTICLE 7 - EXCHANGES AND REPLACEMENTS
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7.1 NOTIFICATION AND PLACEMENT
If a policy reinsured with the Reinsurer is exchanged or replaced by a plan
reinsured under this Agreement, the Ceding Company will notify the Reinsurer
within ninety (90) days after the effective date of the exchange or replacement.
A policy resulting from an internal exchange or replacement will be underwritten
by the Ceding Company in accordance with its underwriting guidelines, practices
and procedures for exchanges and replacements. Exchanges or replacements of
policies previously reinsured with the Reinsurer will continue to be reinsured
with the Reinsurer, except as noted in Article 7.4, in an amount not to exceed
the original Reinsured Net Amount at Risk, unless such exchanges or replacements
are issued as New Business.
Unless mutually agreed otherwise, policies that are not reinsured with the
Reinsurer and that are exchanged to or replaced by a plan covered under this
Agreement will not be reinsured hereunder unless such exchange or replacement is
New Business.
7.2 PREMIUMS
If the New Plan is reinsured by the Reinsurer, either under this Agreement or
under a different agreement, reinsurance premium rates for the resulting New
Policy will be those contained in the agreement that covers the New Plan. If
the agreement including the new rates requires policy fees, then they will also
apply to the New Policy. However, if the Reinsurer does not reinsure the New
Plan, reinsurance premiums will be the rates shown in Rate Schedule 1 and the
pay percentages in Exhibit D.1. Reinsurance premiums for the New Policy will be
based on the original issue age, underwriting class and duration since the
issuance of the Original Policy.
7.3 INCREASES IN AMOUNT
If the New Policy is issued with an increase in the Initial Death Benefit, then
the provisions of Article 6.2.a will apply to the increased amount.
7.4 FACULTATIVE CONSIDERATIONS
The Reinsurer's approval to exchange or replace the Original Policy will be
required if the Original Policy was reinsured on a Facultative basis, and the
New Policy is fully underwritten by the Ceding Company.
(000)00000-00-00 13 2/16/2011
ARTICLE 8 - POLICY RESCISSION
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If it is determined that a policy reinsured under this Agreement should be
rescinded due to misrepresentation by the policyholder or the insured, the
Reinsurer will pay its share of reasonable investigation and legal expenses
connected with the rescission action.
The Reinsurer will not reimburse the Ceding Company for routine expenses,
including but not limited to the Ceding Company's home office expenses,
compensation of salaried officers and employees, and any legal expenses other
than third party expenses incurred by the Ceding Company.
(000)00000-00-00 14 2/16/2011
ARTICLE 9 - CLAIMS
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9.1 COVERAGE
Claims covered under this Agreement are for the plans and any additional
benefits specified in Exhibit B.
9.2 NOTICE
The Ceding Company will promptly notify the Reinsurer after it receives a claim
on a policy reinsured under this Agreement.
For Joint Last Survivor plans, the Ceding Company, if notified, will also notify
the Reinsurer at time of the first death.
9.3 PROOFS
The Ceding Company will promptly provide the Reinsurer with proper claim proofs,
which are a copy of the proof of payment by the Ceding Company, a copy of the
insured's death certificate and a copy of the claimant's statement. It is the
Ceding Company's sole decision to determine whether a claim is payable. The
Reinsurer may request, and the Ceding Company will send, all documents in
connection with any claim reinsured under this Agreement.
9.4 AMOUNT AND PAYMENT OF REINSURANCE BENEFITS
As soon as the Reinsurer receives proper claim notice and proper claim proofs,
the Reinsurer will promptly pay its Proportionate Share of all payable claims
eligible for coverage under this Agreement.
The maximum Reinsured Net Amount at Risk payable to the Ceding Company under
this Agreement is the risk amount specifically reinsured with the Reinsurer.
The Reinsurer will also pay its Proportionate Share of the interest on the death
proceeds through the date of settlement that the Ceding Company is required to
pay, either by law or under the terms of the policy.
Life benefit payments will be made in a single sum, regardless of the Ceding
Company's settlement options.
The reinsurance benefit for an approved Total Disability claim will be the
Reinsurer'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 Total Disability
benefit for the duration of the Total Disability claim period. The Reinsurer
will pay Total Disability benefits annually regardless of the frequency of
payment to the claimant.
(000)00000-00-00 15 2/16/2011
9.5 DISPUTED CLAIMS
The Ceding Company will promptly notify the Reinsurer of any contest, compromise
or litigation as a result of a denial of a claim involving a policy reinsured
under this Agreement or as a result of rescission of a policy reinsured under
this Agreement. Unless it declines to be a party to such action, the Reinsurer
will pay its Proportionate Share of any settlement up to the maximum that would
have been payable under the specific policy had there been no controversy plus
its Proportionate Share of claim investigation fees paid to a third party,
except as specified below.
If the Reinsurer declines to be a party to said contest, compromise or
litigation, it will pay its full share of the amount reinsured, as if there had
been no contest, compromise or litigation. The Reinsurer will also pay its
Proportionate Share of covered expenses incurred to the date it notifies the
Ceding Company it declines to be a party.
9.6 CLAIM EXPENSES
The Reinsurer will pay its Proportionate Share of reasonable claim investigation
and legal expenses connected with the litigation or settlement of claims payable
under this Agreement unless the Reinsurer has discharged its liability pursuant
to Article 9.5 above. If the Reinsurer has so discharged its liability, the
Reinsurer will not participate in any expenses incurred thereafter.
The Reinsurer will not reimburse the Ceding Company for routine claim and
administration expenses, including but not limited to the Ceding Company's home
office expenses, compensation of salaried officers and employees, and any legal
expenses other than third party expenses incurred by the Ceding Company. Claim
investigation expenses do not include expenses incurred by the Ceding Company as
a result of a dispute or contest arising out of conflicting claims of
entitlement to policy proceeds or benefits.
9.7 MISREPRESENTATION OR SUICIDE
If the Ceding Company returns premium to the policyowner or beneficiary as a
result of fraud or misrepresentation within the policy contestable period or
suicide of the insured, the Reinsurer will refund reinsurance premiums received
on that policy without interest to the Ceding Company in lieu of any other form
of reinsurance benefit payable under this Agreement.
9.8 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 age or gender, the Reinsurer's liability on its
Proportionate Share will change within the terms of this Agreement. The
Reinsured Net Amount at Risk will be adjusted from the inception of the Original
Policy, and any difference will be settled without interest.
9.9 EXTRA-CONTRACTUAL DAMAGES
In no event shall the Reinsurer be liable for any Extra-Contractual Obligations
awarded against the Ceding Company as a result of any act, omission or course of
conduct committed solely by the Ceding Company, its agents or representatives in
connection with claims under this Agreement, nor for any legal fees or expenses
incurred in the defense of such claims.
(000)00000-00-00 16 2/16/2011
ARTICLE 10 - RETENTION LIMIT CHANGES
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If the Ceding Company changes its Retention limits as shown in Exhibit A (A.1),
it will provide the Reinsurer with prompt written notice of the intended
changes.
A change to the Ceding Company's Retention limits will not affect policies
reinsured under this Agreement except as specifically provided elsewhere in this
Agreement. Furthermore, unless agreed between the parties, an increase in the
Ceding Company's Retention limit will not increase the Automatic Binding Limits.
(000)00000-00-00 17 2/16/2011
ARTICLE 11 - RECAPTURE
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Whenever the Ceding Company increases its Maximum Retention Per Life as set
forth in Exhibit A (A.1) the Ceding Company will notify the Reinsurer of its
intent to recapture to the new Retention limits. If the Ceding Company has
maintained its Maximum Retention Per Life 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 the Reinsurer ninety (90) days written
notice prior to its intended date of the commencement of recapture.
The notice must indicate whether or not facultatively reinsured
policies are included in the recapture; and
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 [*] years for
single life business or [*] years for joint life business,
where the corporate maximum dollar Retention was held at issue, up to
the then current increased Retention; and
c. if any policy reinsured on the life is recaptured, all policies
reinsured on the life that are eligible for recapture under the
provisions of this Article must be recaptured up to the Ceding
Company's new Maximum Retention Per Life 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; and
d. no recapture will be made unless the Ceding Company retained its
corporate maximum dollar limit of Retention for the plan, age and
mortality rating at the time the policy was issued. No recapture will
be allowed in any class of fully reinsured business nor in any classes
of risks for which the Ceding Company established special Retention
limits less than the Ceding Company's Maximum Retention Per Life for
the plan, age, and mortality rating at the time the policy was issued;
and
e. no recapture will be made if the Ceding Company has either obtained
or increased stop loss reinsurance coverage as justification for the
increase in Retention.
If portions of a policy reinsured under this Agreement have been reinsured with
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 Retention Per Life had been in
effect at the time of issue. Recapture is not available due to any change in
the financial condition of the Reinsurer.
The amount of reinsurance eligible for recapture is based on the Reinsured Net
Amount at Risk as of the date of recapture. For a policy issued as a result of
exchange, conversion or re-entry, the recapture terms of the reinsurance
agreement covering the Original Policy will apply, and the duration for the
purpose of recapture will be measured from the effective date of the reinsurance
on the Original Policy.
(000)00000-00-00 18 2/16/2011
If there is a reinsured Total Disability claim in effect when recapture takes
place, the Reinsurer will continue to pay its share of the Total Disability
claim until it terminates. The Reinsurer 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, the Reinsurer will not be liable for any
benefits on reinsured policies or portions of such reinsured policies eligible
for recapture that the Ceding Company has overlooked.
(000)00000-00-00 19 2/16/2011
ARTICLE 12 - GENERAL PROVISIONS
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12.1 CURRENCY
All payments and reporting by all parties under this Agreement will be made in
United States dollars.
12.2 PREMIUM TAX
The Reinsurer will not reimburse the Ceding Company for premium taxes.
12.3 INSPECTION OF RECORDS
The Reinsurer and the Ceding Company, or their duly authorized representatives,
will have the right to inspect original papers, records and all documents
relating to the business reinsured under this Agreement. These documents will
be made available during normal office hours to a representative of either
company who will be named in advance; notification of such visits will normally
be given two (2) weeks in advance and even in urgent cases at least forty-eight
(48) hours in advance.
12.4 FORMS, MANUAL, ISSUE RULES AND CLAIMS PRACTICES
The Ceding Company affirms that it has supplied the Reinsurer with the
underwriting guidelines, issue rules and policy forms in use as of the Effective
Date of this Agreement for the policies reinsured hereunder. Further, the
Ceding Company affirms that it follows claims handling practices and procedures
which are standard and customary to the life insurance industry.
The Ceding Company will promptly notify the Reinsurer of any proposed Material
Changes in its underwriting guidelines, issue rules, policy forms and claims
practices and procedures. This Agreement will not extend to policies issued
pursuant to a Material Change unless the Reinsurer has consented in writing to
accept policies subject to the Material Change.
It is the Ceding Company's responsibility to ensure that its practice and
applicable forms are in compliance with current Medical Information Bureau (MIB)
guidelines.
12.5 ANTI-MONEY LAUNDERING
The Ceding Company has established and will maintain policies and procedures to
comply with applicable laws and regulations relating to anti-money laundering
and anti-terrorism financing activities including, without limitation, the
U.S.A. Patriot Act, the lists promulgated or maintained by the United States
Department of Treasury naming specially designated nationals or blocked persons,
and any other laws, regulations, executive orders or similar actions that impose
sanctions or prohibit or restrict transactions or relations with designated
persons, entities, organizations or governments.
12.6 INTEREST RATE FOR BALANCES IN DEFAULT
The Reinsurer reserves the right to charge interest at the prime rate plus [*]
as stated in the Wall Street Journal on the 1st business day in January prior to
the due date of the premium when:
a. renewal premiums are not paid within sixty (60) days of the due date;
or
b. premiums for New Business are not paid within one hundred twenty
(120) days of the date the policy is issued.
(000)00000-00-00 20 2/16/2011
ARTICLE 13 - DAC TAX
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The Ceding Company and the Reinsurer hereby agree to the following, pursuant to
Section 1.848-2(g)(8) of the Income Tax Regulation issued December 1992, under
Section 848 of the Internal Revenue Code of 1986:
a. the term "party" refers to either the Ceding Company or the Reinsurer, as
appropriate;
b. the terms used in this Article are defined by reference to Regulation
Section 1.848-2, effective December 29, 1992;
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. all 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 Reinsurer will submit a schedule to the Ceding Company by April 1 of
each year of its calculation of the net consideration for the preceding calendar
year. This schedule of calculations will be accompanied by a statement stating
that the Reinsurer will report such net consideration in its tax return for the
preceding calendar year;
f. the Ceding Company may contest such calculation by providing an
alternative calculation to the Reinsurer by May 1 of the year following the end
of the taxable year. If the Ceding Company does not notify the Reinsurer by May
1, the net considerations reported in the respective tax returns will be the
value as defined in Item (e) above;
g. if the Ceding Company submits its alternative calculation, the parties
will act in good faith to reach an agreement on the correct amount within thirty
(30) days of the date the Ceding Company submits its alternative calculation.
If the Ceding Company and the Reinsurer reach agreement on an amount of the net
consideration, each party shall report such amount in their respective tax
returns for the previous calendar year; and
h. the Ceding Company and the Reinsurer 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.
(000)00000-00-00 21 2/16/2011
ARTICLE 14 - OFFSET
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Any debts or credits, in favor of or against either the Reinsurer or the Ceding
Company with respect to this Agreement or any other reinsurance agreement
between the parties, are deemed mutual debts or credits and may be offset, and
only the balance will be allowed or paid provided the party that seeks to avail
itself of this right of offset is not in breach of any provision of this
Agreement.
The right of offset will not be affected or diminished because of the insolvency
of either party.
(000)00000-00-00 22 2/16/2011
ARTICLE 15 - INSOLVENCY
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15.1 INSOLVENCY OF A PARTY TO THIS AGREEMENT
A party to this Agreement will 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;
b. is adjudicated as bankrupt or insolvent;
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.
15.2 INSOLVENCY OF THE CEDING COMPANY
In the event of the insolvency of the Ceding Company, all reinsurance payments
due under this Agreement will 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 will give written notice to the Reinsurer 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, the Reinsurer 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 the Reinsurer will 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 the Reinsurer. Where
two or more Reinsurers are participating in the same claim and a majority in
interest elects to interpose a defense or defenses to any such claim, the
expense will be apportioned in accordance with the terms of this Agreement as
though such expense had been incurred by the Ceding Company.
The Reinsurer will be liable only for the amounts reinsured and will not be or
become liable for any amounts or reserves to be held by the Ceding Company on
policies reinsured under this Agreement.
This insolvency clause shall not preclude the Reinsurer from asserting any
excuse or defense to payment of this reinsurance other than the excuses or
defenses of the insolvency of the Ceding Company and the failure of the Ceding
Company's liquidator, receiver, conservator or statutory successor to pay all or
a portion of any claim.
(000)00000-00-00 23 2/16/2011
ARTICLE 16 - ERRORS AND OMISSIONS
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If either the Ceding Company or Reinsurer shall fail to perform an obligation
under this Agreement and such failure shall be the result of an Error on the
part of the Ceding Company or Reinsurer, such Error shall be corrected by
restoring the Ceding Company and Reinsurer to the positions they would have
occupied had no such Error occurred. If it is not possible to restore each
party to the position it would have occupied but for the Error, the parties will
endeavor in good faith to promptly resolve the situation in a manner that is
fair and reasonable, and most closely approximates the intent of the parties as
evidenced by the Agreement.
This provision shall apply only to clerical Errors relating to the
administration of reinsurance covered by this Agreement and not to the
administration of the insurance provided by the Ceding Company to its insured.
The Ceding Company and Reinsurer mutually agree that all Errors will be
identified and corrected in an equitable manner at the earliest possible date.
(000)00000-00-00 24 2/16/2011
ARTICLE 17 - ARBITRATION
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17.1 GENERAL
The parties agree to act in all things with the utmost good faith. However, if
the parties cannot mutually resolve a dispute or claim, which arises out of, or
in connection with this Agreement, including formation and validity, and whether
arising during, or after the period of this Agreement, the dispute or claim will
be referred to an arbitration tribunal (a group of three arbitrators), and
settled through arbitration.
The arbitrators must have more than ten (10) years experience in the insurance
or reinsurance industry and may not be current or former directors, officers or
employees of the parties to this Agreement or their respective affiliates or
subsidiaries. The arbitrators shall be members of the American Reinsurance and
Insurance Arbitration Society (XXXXX).
The arbitrators will base their decision on the terms and conditions of this
Agreement plus, as necessary, on the customs and practices of the insurance and
reinsurance industry rather than solely on a strict interpretation of the
applicable law. There will be no appeal from their decision, and any court
having jurisdiction of the subject matter, and the parties, may reduce the
decision to judgment.
17.2 NOTICE
To initiate arbitration, either party will notify the other party by certified
mail of its desire to arbitrate, stating the nature of the dispute and the
remedy sought. The party, to which the notice is sent, will respond to the
notification in writing, within ten (10) days of its receipt.
17.3 PROCEDURE
Each of the two parties will appoint one arbitrator, and these two arbitrators
will select the third arbitrator. Upon the selection of the third arbitrator,
the arbitration tribunal will be constituted, and the third arbitrator will act
as chairman of the tribunal.
If either party fails to appoint an arbitrator within sixty (60) days after the
other party has given notice of appointing an arbitrator, then the American
Reinsurance and Insurance Arbitration Society (XXXXX) will appoint an arbitrator
for the party that has failed to do so. The party that has failed to appoint an
arbitrator will be responsible for all expenses levied by the American
Reinsurance and Insurance Arbitration Society (XXXXX) for such appointment.
Should the two arbitrators be unable to agree on the choice of the third
arbitrator, then the American Reinsurance and Insurance Arbitration Society
(XXXXX) will appoint the third arbitrator. All expenses levied by the American
Reinsurance and Insurance Arbitration Society (XXXXX) for such appointment shall
be borne equally by each party to this Agreement.
The tribunal may in its sole discretion make orders and directions as it
considers to be necessary for the final determination of the matters in dispute.
Such orders and directions may be necessary with regard to pleadings, discovery,
inspection of documents, examination of witnesses and any other matters relating
to the conduct of the arbitration. The tribunal will have the widest discretion
permissible under the law, and practice of the place of arbitration, when making
such orders or directions.
(000)00000-00-00 25 2/16/2011
17.4 ARBITRATION COSTS
All costs of the arbitration will be determined by the tribunal, which may take
into account the law and practice of the place of arbitration, and in what
manner arbitration costs will be paid, and by whom.
17.5 SITE OF ARBITRATION
The site of arbitration will be St. Louis, Missouri, USA.
17.6 ARBITRATION SETTLEMENT
The award of the tribunal will be in writing and binding upon the parties.
(000)00000-00-00 26 2/16/2011
ARTICLE 18 - DURATION OF AGREEMENT
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This Agreement is indefinite as to its duration. The Ceding Company or the
Reinsurer may terminate this Agreement with respect to reinsurance of newly
issued policies by giving [*] days written notice of termination to the
other party, sent by certified mail. The date the document is postmarked is
deemed to be the first day of the notice period.
During the notification period, the Ceding Company will continue to cede and the
Reinsurer will continue to accept policies covered under the terms of this
Agreement. Reinsurance coverage on all policies reinsured under this Agreement
will remain in force until the termination or expiration of the policies or
until the contractual termination of reinsurance under the terms of this
Agreement, whichever occurs first.
(000)00000-00-00 27 2/16/2011
ARTICLE 19 - REPRESENTATIONS AND WARRANTIES
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Each party represents and warrants to the other party that it is solvent on a
statutory basis in all states in which it does business or is licensed. Each
party will promptly notify the other if it is subsequently financially impaired.
The parties agree that this Agreement is entered into with the understanding
that the principles of good faith traditional to reinsurance shall be adhered to
in the formation and performance of this Agreement and shall govern the parties'
rights and obligations. This Agreement is entered into in reliance of the
utmost good faith of the parties including, for example, their warranties,
representations and disclosures.
The Ceding Company affirms that it has and will continue to disclose all matters
material to this Agreement. Examples of such matters are a Material Change in
underwriting, claims or issue practices or philosophy, or a change in the Ceding
Company's ownership or control.
(000)00000-00-00 28 2/16/2011
ARTICLE 20 - DEFINITIONS
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Automatic - A reinsurance agreement under which the Reinsurer is obligated to
accept or assume risks that meet certain specific criteria based on the Ceding
Company's underwriting.
Automatic Binding Limit - The amount specified in Exhibit C used to calculate
the maximum Reinsurance Death Benefit that may be ceded as Automatic
reinsurance.
Conditional Receipt - A provision included in some life insurance policies
providing coverage from the date of the application to the date at which the
policy is either issued or declined.
Effective Date of this Agreement - The date on which this Agreement becomes
binding on the Ceding Company and the Reinsurer. Policies with an application
date on or after this date are eligible for reinsurance coverage under this
Agreement.
Error - A clerical mistake or oversight made inadvertently and excludes acts of
judgment and all other forms of intentional decision.
Extra Contractual Obligations - Damages awarded by a court against an insurer
that go beyond the coverage provided by the policy, typically for bad faith in
dealing with the insured or beneficiary.
Facultative - Reinsurance under which the Ceding Company has the option
(faculty) of submitting and the Reinsurer has the option of accepting or
declining individual risks.
Full Retention - The initial face amount held by the Ceding Company shall be
equal to the amount on its standard published Retention schedule considering
issue age, rating and place of residence. The amount to be retained considers
all in force policies as of the date of application on that life.
Initial Death Benefit - The face amount of the Original Policy on the date of
issue.
Jumbo Limit - The maximum amount of coverage available on an individual life for
Automatic reinsurance purposes. This amount includes all coverage in force, any
coverage to be replaced and amounts currently applied for in all companies. If
such insurance exceeds the limit, the Ceding Company must submit the risk to the
Reinsurer for Facultative review.
Material Change - A change that is likely to impact the Reinsurer's financial
experience under this Agreement or would cause the Reinsurer to alter or revise
a risk classification or underwriting recommendation or claims decision,
reconsider or adjust reinsurance pricing, or take similar actions.
Maximum Retention Per Life - The maximum amount of risk that the Ceding Company
may hold on an individual insured according to its published Retention schedule.
(000)00000-00-00 29 2/16/2011
New Business - Policies on which the Ceding Company (1) has obtained the same
new underwriting information it would obtain in absence of the Original Policy,
(2) pays the same commissions in the first year that it would have paid in
absence of the Original Policy and (3) the suicide and contestable period
provisions are as long as those contained in other new policies issued by the
Ceding Company.
Original Policy - An insurance contract issued by the Ceding Company on an
insured that is reinsured under this Agreement.
Permanent Resident - An individual having his or her primary place of living in
a particular country, notwithstanding the fact that they may maintain one or
more homes in other places. A legal Permanent Resident of the United States
would include any non-citizen living in the United States for five or more years
who does not intend to return to their native country (except for brief trips)
and who holds a valid U.S. Permanent Resident Card (Green Card) or a U.S. visa
that authorizes residence in the United States.
Policy Death Benefit - The death benefit of a policy on the reinsurance premium
renewal date.
Policy Net Amount at Risk - On the reinsurance premium renewal date, the Policy
Death Benefit less either the terminal reserve or, in the case of interest
sensitive policies, the accumulation account or cash value on the policy, such
difference taken to the nearest dollar. The terminal reserve or cash value
shall be disregarded if a policy is on either a level term plan of twenty (20)
years or less or on a decreasing term plan. The basis for determining the
Policy Net Amount at Risk may be modified with the consent of the Ceding Company
and Reinsurer without the need for a formal amendment of the Agreement.
Professional Athlete - An individual who is a team member in any of the four
major U.S. professional sports - National Football League (NFL), National
Basketball Association (NBA), Major League Baseball (MLB) or National Hockey
League (NHL).
Proportionate Share - The percentage derived by dividing the Reinsured Net
Amount at Risk by the Policy Net Amount at Risk.
Reinsurance Death Benefit - The Initial Death Benefit less the Retention on the
policy times the percentage of Automatic reinsurance ceded to the Reinsurer as
specified in Exhibit C. For Facultative reinsurance, the Reinsurance Death
Benefit is that amount of the Initial Death Benefit for which the Ceding Company
accepts the Reinsurer's offer to reinsure.
Reinsured Net Amount at Risk - The percentage of Automatic Reinsurance ceded to
the Reinsurer as specified in Exhibit C or the percentage ceded as modified
pursuant to the Facultative Reinsurance process times the remainder of (1) the
Policy Net Amount at Risk less (2) the Retention on the policy.
Retention - The amounts specified in Exhibit A that are held by the Ceding
Company at their own risk on a life without the benefit of proportional
reinsurance. In calculating the Retention, the sum retained by the Ceding
Company on the life and in force as of the date of issue of the policy shall be
taken into account.
(000)00000-00-00 30 2/16/2011
Temporary Insurance Agreement - Legal agreement between an insurer and a
proposed insured that provides a guaranteed amount of temporary life insurance
coverage for a specific period of time, usually the underwriting period.
Ultimate Amount - The projected maximum Policy Death Benefit that a policy could
achieve based on reasonable assumptions made about the operation of certain
characteristics of the policy form.
Yearly Renewable Term (YRT) - A form of life reinsurance under which the risks,
but not the permanent plan reserves, are transferred to the Reinsurer for a
premium that varies each year with the Reinsured Net Amount at Risk and the
duration from issue.
(000)00000-00-00 31 2/16/2011
ARTICLE 21 - EXECUTION
--------------------------------------------------------------------------------
This Agreement is effective as of the month, day and year stated on the cover
page of this Agreement, and applies to all eligible policies with application
dates on or after such date. This Agreement has been made in duplicate and is
hereby executed by all parties.
AMERITAS LIFE INSURANCE CORP. RGA REINSURANCE COMPANY
By: /s/ Xxxx Xxxxxxx By: /s/ Xxxxx Xxxxxx
---------------------------- ---------------------------
(Signature) (Signature)
Title: Corporate Actuary Title: Vice President
--------------------------- --------------------------
Date: 3/10/2011 Date: 2/16/2011
---------------------------- ---------------------------
Location: Cincinnati, OH Location: Chesterfield, Missouri
------------------------ -----------------------
(000)00000-00-00 32 2/16/2011
EXHIBIT A - RETENTION SCHEDULE OF THE CEDING COMPANY
--------------------------------------------------------------------------------
A.1 LIFE INSURANCE
Excess Basis
Maximum Retention Per Life under this and all other agreements
For the purpose of determining the Retention a [*] per 1,000 temporary or
permanent flat extra rating will be considered one table in determining the
limits as shown below.
---------- ---------------- ----------------- ----------------
Preferred Plus Table 1-4 (A-D) Table 5-16 (E-P)
Issue Age Preferred Flat Extras Flat Extras
Standard Up to $7.50 $7.51 & Up
---------- ---------------- ----------------- ----------------
0-65 [*] [*] [*]
---------- ---------------- ----------------- ----------------
66-75 [*] [*] [*]
---------- ---------------- ----------------- ----------------
76-80 [*] [*] [*]
---------- ---------------- ----------------- ----------------
81-85 [*] [*] [*]
---------- ---------------- ----------------- ----------------
A.2 TOTAL DISABILITY RIDER
(A) Flexible Premium Policies: [*] per month
(B) Fixed Premium Policies: Proportional to the life insurance retained.
(000)00000-00-00 33 2/16/2011
EXHIBIT B - BUSINESS COVERED
--------------------------------------------------------------------------------
The business reinsured under this Agreement is defined as follows:
Policies issued on the business identified below will qualify for reinsurance if
the application date for the policy is on or after the Effective Date of this
Agreement.
This Agreement covers Non-New York business written by the Ceding Company (Form
# 3301 and 3365).
Effective June 1, 2008
------------------------------------------------
Included Plans:
------------------------------------------------
Survivor Secondary Guarantee Universal Life Plan
------------------------------------------------
------------------------------------------------
Benefits & Riders:
------------------------------------------------
Estate Preservation Rider
------------------------------------------------
Other Insured Rider
------------------------------------------------
Policy Split Rider
------------------------------------------------
Term Insurance Rider
------------------------------------------------
Total Disability Rider
------------------------------------------------
------------------------------------------------
Included Plans:
------------------------------------------------
Secondary Guarantee Universal Life Plan
------------------------------------------------
------------------------------------------------
Benefits & Riders:
------------------------------------------------
Accelerated Death Benefit
------------------------------------------------
Other Insured Rider
------------------------------------------------
Term Insurance Rider
------------------------------------------------
Total Disability Rider
------------------------------------------------
(000)00000-00-00 34 2/16/2011
EXHIBIT C - BINDING LIMITS
--------------------------------------------------------------------------------
C.1 REINSURER'S SHARE
Survivor Secondary Guarantee Universal Life
-------------------------------------------
The Reinsurer's share will be [*] of the excess over the Ceding Company's
Retention specified in Exhibit A. This amount will not exceed the Reinsurer's
share of the maximum Automatic Binding Limits specified in Exhibit C.2.
Secondary Guarantee Universal Life
----------------------------------
The Reinsurer's share will be [*] of the excess over the Ceding Company's
Retention specified in Exhibit A up to age 70 and [*] over age 70. This amount
will not exceed the Reinsurer's share of the maximum Automatic Binding Limits
specified in Exhibit C.2.
C.2 AUTOMATIC BINDING LIMITS
a. Life
For the purpose of determining the Automatic Binding Limit a [*] per
1,000 temporary or permanent flat extra rating will be considered one table
in determining the limits as shown below.
---------- ---------------- ----------------- ----------------
Preferred Plus Table 1-4 (A-D) Table 5-16 (E-P)
Issue Age Preferred Flat Extras Flat Extras
Standard Up to $7.50 $7.51 & Up
---------- ---------------- ----------------- ----------------
0-65 [*] [*] [*]
---------- ---------------- ----------------- ----------------
66-75 [*] [*] [*]
---------- ---------------- ----------------- ----------------
76-80 [*] [*] [*]
---------- ---------------- ----------------- ----------------
81-85 [*] [*] [*]
---------- ---------------- ----------------- ----------------
*The (pool) maximum Automatic Binding amounts above include the Ceding Company's
Retention per insured.
b. Total Disability Benefits:
Same as Life except the amount cannot exceed the maximum Total Disability
benefit described below.
The maximum Disability Rider benefit issued and applied for is no more than
the greater of a) and b), where:
a) is the Disability Rider benefit associated with [*] of life
insurance, and
b) is a Disability Rider benefit which initially waives [*] in annual
premiums or charges.
Note: The above limits represent the Reinsurer's share.
c. Professional Athletes will not be covered on an Automatic basis.
(000)00000-00-00 35 2/16/2011
C.3 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.
Life:
----------- ------------- ------------- -------------
Issue Through Through Through
Age Table 4 Table 8 Table 16
----------- ------------- ------------- -------------
0-80 [*] [*] [*]
----------- ------------- ------------- -------------
81-85 [*] [*] [*]
----------- ------------- ------------- -------------
C.4 CONDITIONAL RECEIPT OR TEMPORARY INSURANCE AGREEMENT
The amount of such coverage provided by the Reinsurer will be limited to its
share of the following amounts provided by the Ceding Company's Conditional
Receipt or Temporary Insurance Agreement.
--------------
Maximum Amount
--------------
[*]
--------------
C.5 AGE LIMITS
Survivor Secondary Guarantee Universal Life
-------------------------------------------
Age Class
--- -----
N/A Xxxxxxxx
00-00 Xxxxxxxx Xxxxxxx
00-00 Xxxxxxxxx Xxxxxxx
00-00 Xxxxxxxx Xxx-Xxxxxxx
18-80 Select Non-Tobacco
18-80 Preferred Non-Tobacco
18-75 Preferred Plus Non-Tobacco
Secondary Guarantee Universal Life
----------------------------------
Age Class
--- -----
0-00 Xxxxxxxx
00-00 Xxxxxxxx Xxxxxxx
00-00 Xxxxxxxxx Xxxxxxx
00-00 Xxxxxxxx Xxx-Xxxxxxx
18-80 Select Non-Tobacco
18-80 Preferred Non-Tobacco
18-75 Preferred Plus Non-Tobacco
Accelerated Death Benefit
-------------------------
Term Insurance Rider
--------------------
Estate Preservation Rider
-------------------------
Other Insured Rider
-------------------
Policy Split Rider
------------------
Same as base plan
Total Disability Rider
----------------------
0-55
C.6 MINIMUM CESSION
[*]
(000)00000-00-00 36 2/16/2011
C.7 MINIMUM INITIAL FACE AMOUNT-SURVIVOR SECONDARY GUARANTEE UL
Standard Tobacco and Standard Non-tobacco
-----------------------------------------
[*]
Preferred Tobacco, Select Non-tobacco,
Preferred Non-tobacco and Preferred Plus Non-tobacco
----------------------------------------------------
[*]
(000)00000-00-00 37 2/16/2011
EXHIBIT D - REINSURANCE PREMIUMS
--------------------------------------------------------------------------------
D.1 BASE PLAN PARAMETERS
Plans covered under this Agreement will be reinsured on a YRT basis with the
Reinsurer participating only in mortality risks (not cash values, loans,
dividends or other features specific to permanent policies). The mortality risk
shall be the net amount at risk on that portion of the policy which is reinsured
with the Reinsurer.
Reinsurance premiums will be determined according to the amount reinsured with
the Reinsurer per insured life as follows. The life reinsurance premium will be
calculated in the case of life risks, by multiplying the appropriate life
premium rate per thousand (1,000), from the attached Rate Schedule labeled
below, for the age of the insured, at the beginning of the policy year, by the
Policy Net Amount at Risk reinsured for that policy year, multiplied by the
applicable pay percentage as shown below. The same procedure will apply for
single premium policies and for paid up policies.
Reinsurance premiums will be the annual premium rates in Rate Schedule 1,
multiplied by the following percentages.
------------------------------------------------------------
Secondary Guarantee Universal Life
Issue Ages (0-70) Male
Underwriting Class Year 1 Years 2+
---------------------------------- ------- -------- --------
Preferred Plus NT [*] [*]
---------------------------------- ------- -------- --------
Preferred NT [*] [*]
---------------------------------- ------- -------- --------
Select NT [*] [*]
---------------------------------- ------- -------- --------
Standard NT [*] [*]
---------------------------------- ------- -------- --------
Preferred TB [*] [*]
---------------------------------- ------- -------- --------
Standard TB [*] [*]
------------------------------------------------------------
------------------------------------------------------------
Secondary Guarantee Universal Life
Issue Ages (71+) Male
Underwriting Class Year 1 Years 2+
---------------------------------- ------- -------- --------
Preferred Plus NT [*] [*]
---------------------------------- ------- -------- --------
Preferred NT [*] [*]
---------------------------------- ------- -------- --------
Select NT [*] [*]
---------------------------------- ------- -------- --------
Standard NT [*] [*]
---------------------------------- ------- -------- --------
Preferred TB [*] [*]
---------------------------------- ------- -------- --------
Standard TB [*] [*]
------------------------------------------------------------
(000)00000-00-00 38 2/16/2011
------------------------------------------------------------
Secondary Guarantee Universal Life
Issue Ages (0-70) Female
Underwriting Class Year 1 Years 2+
---------------------------------- ------- -------- --------
Preferred Plus NT [*] [*]
---------------------------------- ------- -------- --------
Preferred NT [*] [*]
---------------------------------- ------- -------- --------
Select NT [*] [*]
---------------------------------- ------- -------- --------
Standard NT [*] [*]
---------------------------------- ------- -------- --------
Preferred TB [*] [*]
---------------------------------- ------- -------- --------
Standard TB [*] [*]
---------------------------------- ------- -------- --------
------------------------------------------------------------
Secondary Guarantee Universal Life
Issue Ages (71+) Female
Underwriting Class Year 1 Years 2+
---------------------------------- ------- -------- --------
Preferred Plus NT [*] [*]
---------------------------------- ------- -------- --------
Preferred NT [*] [*]
---------------------------------- ------- -------- --------
Select NT [*] [*]
---------------------------------- ------- -------- --------
Standard NT [*] [*]
---------------------------------- ------- -------- --------
Preferred TB [*] [*]
---------------------------------- ------- -------- --------
Standard TB [*] [*]
---------------------------------- ------- -------- --------
The Reinsurer will not participate in the Table Shave Program as all table
shaved business is within the Ceding Company's retention.
D.2 AGE BASIS
Age Nearest Birthday
D.3 POLICY FEES
The Reinsurer will not participate in any policy fees.
D.4 SUBSTANDARD RATINGS
Premiums will be based on the standard rate increased by an extra [*] per table
of assessed rating. Pay percentages are the same as those for standard life
coverage.
D.5 FLAT EXTRAS
The total premium remitted to the Reinsurer will include the flat extra premium.
The Reinsurer shall pay an expense allowance as a percentage of the flat extra
premium as shown below.
------------------------------------------------------
Type of Flat Extra Premium First Year Renewal
----------------------------- ------------ -----------
Temporary (1-5 Years) [*] [*]
----------------------------- ------------ -----------
Permanent (6 Years & Greater) [*] [*]
----------------------------- ------------ -----------
(000)00000-00-00 39 2/16/2011
D.6 SURVIVOR SECONDARY GUARANTEE UNIVERSAL LIFE PLAN
1. The premiums for this business shall be calculated using the Xxxxxxx
method and the annual single life rates included in Rate Schedule 1,
multiplied by the following percentages.
------------------------------------------------
Survivor Secondary
Guarantee Universal Life
Underwriting Class Year 1 Years 2+
------------------------------------------------
Preferred Plus NT [*] [*]
Preferred NT [*] [*]
Select NT [*] [*]
Standard NT [*] [*]
Preferred TB [*] [*]
Standard TB [*] [*]
The single life rates shall be adjusted for substandard mortality by adding
[*] per underwriting table and any flat extra charges to the appropriate
single life rate. The substandard single life rates shall not exceed [*]
per thousand.
2. The single life rates calculated as described in Section 1 above
shall be converted to joint last survivor rates using the methodology
described in Section 3 below.
3. Method for Calculating Joint Last Survivor Premiums
---------------------------------------------------
Definition of Terms:
(a) Qx,n = single life rate per thousand in duration n for an
insured whose policy was issued at issue age x
(b) Qx,y,n = joint last survivor rate per thousand in duration n for
two insureds whose policies were issued at issue ages x and y
Step 1
------
Calculate qx,n for each insured for durations 1 to n.
qx,n = Qx,n divided by 1000.
Step 2
------
Calculate px,n for each insured for durations (n-1) and n.
px,n = (1-qx,1) x (1-qx,2) xx (1-qx,n).
(000)00000-00-00 40 2/16/2011
Step 3
------
Calculate px,y,n for durations (n-1) and n.
px,y,n = px,n + py,n - ((px,n) x (py,n))
Step 4
------
Calculate qx,y,n for duration n. Let px,y,0 = 1.
qx,y,n = 1 - px,y,n
------
px,y,n-1
Step 5
------
Qx,y,n = 1000 x qx,y,n.
A minimum premium of [*] applies in all years.
When one of the lives is uninsurable, the premium for the insurable life will be
equal to the single life rates shown in Rate Schedule 1, multiplied by the
single life pay percentages in Exhibit D.1.
D.7 RIDERS AND BENEFITS
Accelerated Death Benefit
There are no premiums payable for this benefit.
Extended Maturity Rider
The Reinsurer will be on the risk for attained ages past 100, and the Ceding
Company will pay premiums as long as the Reinsurer is on the risk.
Policy Split Rider
Policy Split Option
-------------------
There is no premium charged for the Policy Split Rider.
Option Policies
---------------
At the exercise of the Policy Split, the new policies will be reinsured on
the Yearly Renewable Term basis using the point-in-scale single life rates
in Rate Schedule 1 and the Survivor Secondary Guarantee UL pay percentages
above (without Frasierization), measured from the issue date, age and class
of the original Survivor Secondary Guarantee UL policy.
Term Insurance Rider, Other Insured Rider and Estate Preservation Rider
Same premium basis as base coverage. When the riders are renewed, the
reinsurance premiums will be point-in-scale rates from the original point of
underwriting.
Total Disability Rider
The Reinsurer will receive its share of Total Disability premium for excess
amounts over retention as reinsurance premiums for covering this benefit.
Reinsurance allowances will be [*] of the Ceding Company's premiums in the first
policy year and [*] in renewal years.
(000)00000-00-00 41 2/16/2011
EXHIBIT D - RATE SCHEDULE 1
--------------------------------------------------------------------------------
(000)00000-00-00 42 2/16/2011
Male Nonsmoker, 2001 Select and Ultimate VBT, Age Nearest Birthday Basis
Age/Dur 1 2 3 4 5 6 7 8 9 10 11 12 13 14
0 0.90 0.49 0.32 0.20 0.14 0.14 0.15 0.15 0.15 0.16 0.16 0.20 0.26 0.31
1 0.40 0.29 0.19 0.14 0.14 0.14 0.15 0.15 0.15 0.16 0.18 0.22 0.28 0.33
2 0.28 0.19 0.14 0.14 0.14 0.14 0.15 0.15 0.15 0.16 0.19 0.25 0.29 0.40
3 0.17 0.13 0.13 0.14 0.14 0.14 0.15 0.15 0.15 0.18 0.24 0.28 0.39 0.58
4 0.13 0.13 0.13 0.14 0.14 0.14 0.15 0.15 0.18 0.23 0.28 0.39 0.58 0.68
5 0.13 0.13 0.13 0.14 0.14 0.14 0.15 0.17 0.22 0.27 0.39 0.57 0.68 0.76
6 0.13 0.13 0.13 0.14 0.14 0.14 0.17 0.22 0.26 0.38 0.57 0.68 0.76 0.82
7 0.13 0.13 0.13 0.14 0.14 0.17 0.21 0.26 0.37 0.57 0.68 0.76 0.82 0.83
8 0.13 0.13 0.13 0.14 0.16 0.20 0.25 0.37 0.56 0.68 0.76 0.81 0.82 0.82
9 0.13 0.13 0.13 0.16 0.19 0.25 0.36 0.56 0.68 0.76 0.81 0.81 0.81 0.81
10 0.13 0.13 0.15 0.19 0.25 0.35 0.56 0.67 0.76 0.80 0.80 0.80 0.80 0.80
11 0.13 0.15 0.18 0.24 0.34 0.56 0.67 0.76 0.79 0.79 0.79 0.79 0.79 0.80
12 0.14 0.17 0.24 0.33 0.56 0.67 0.76 0.78 0.78 0.78 0.78 0.78 0.79 0.81
13 0.16 0.23 0.32 0.56 0.67 0.76 0.77 0.77 0.77 0.77 0.77 0.79 0.80 0.83
14 0.22 0.31 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 0.30 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
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
[Male Nonsmoker, 2001 Select and Ultimate VBT, Age Nearest Birthday Basis(ages 0 - 50) chart continued on this page]
15 16 17 18 19 20 21 22 23 24 25 Ultimate
0.39 0.53 0.66 0.77 0.83 0.85 0.85 0.85 0.85 0.85 0.85 0.86 25
0.50 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
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
Male Nonsmoker, 2001 Select and Ultimate VBT, Age Nearest Birthday Basis
Age/Dur 1 2 3 4 5 6 7 8 9 10 11 12 13 14
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
[Male Nonsmoker, 2001 Select and Ultimate VBT, Age Nearest Birthday Basis (ages 51 - 99) chart continued on this page]
15 16 17 18 19 20 21 22 23 24 25 Ultimate
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
603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00
638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00
675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00
Male Smoker, 2001 Select and Ultimate VBT, Age Nearest Birthday Basis
Age/Dur 1 2 3 4 5 6 7 8 9 10 11 12 13 14
0 0.90 0.49 0.32 0.20 0.14 0.14 0.15 0.15 0.15 0.16 0.16 0.20 0.26 0.31
1 0.40 0.29 0.19 0.14 0.14 0.14 0.15 0.15 0.15 0.16 0.18 0.22 0.28 0.33
2 0.28 0.19 0.14 0.14 0.14 0.14 0.15 0.15 0.15 0.16 0.19 0.25 0.29 0.40
3 0.17 0.13 0.13 0.14 0.14 0.14 0.15 0.15 0.15 0.18 0.24 0.28 0.39 0.62
4 0.13 0.13 0.13 0.14 0.14 0.14 0.15 0.15 0.18 0.23 0.28 0.39 0.62 0.78
5 0.13 0.13 0.13 0.14 0.14 0.14 0.15 0.17 0.22 0.27 0.39 0.61 0.78 0.93
6 0.13 0.13 0.13 0.14 0.14 0.14 0.17 0.22 0.26 0.38 0.61 0.78 0.93 1.06
7 0.13 0.13 0.13 0.14 0.14 0.17 0.21 0.26 0.37 0.61 0.78 0.93 1.06 1.14
8 0.13 0.13 0.13 0.14 0.16 0.20 0.25 0.37 0.60 0.78 0.93 1.05 1.13 1.19
9 0.13 0.13 0.13 0.16 0.19 0.25 0.36 0.60 0.78 0.93 1.05 1.13 1.19 1.24
10 0.13 0.13 0.15 0.19 0.25 0.35 0.60 0.77 0.93 1.05 1.13 1.18 1.22 1.27
11 0.13 0.15 0.18 0.24 0.34 0.60 0.77 0.93 1.03 1.11 1.16 1.21 1.26 1.33
12 0.14 0.17 0.24 0.33 0.60 0.77 0.93 1.03 1.10 1.15 1.20 1.24 1.32 1.41
13 0.16 0.23 0.32 0.60 0.77 0.93 1.02 1.09 1.14 1.18 1.23 1.30 1.38 1.46
14 0.22 0.31 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 0.30 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
[Male Smoker, 2001 Select and Ultimate VBT, Age Nearest Birthday Basis (ages 0 - 50) chart continued on this page]
15 16 17 18 19 20 21 22 23 24 25 Ultimate
0.39 0.53 0.70 0.88 1.01 1.11 1.17 1.22 1.28 1.34 1.41 1.49 25
0.50 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
Male Smoker, 2001 Select and Ultimate VBT, Age Nearest Birthday Basis
Age/Dur 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
[Male Smoker, 2001 Select and Ultimate VBT, Age Nearest Birthday Basis (ages 51 - 99) chart continued on this page]
15 16 17 18 19 20 21 22 23 24 25 Ultimate
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
603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00
638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00
675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00
Female Nonsmoker, 2001 Select and Ultimate VBT, Age Nearest Birthday Basis
Age/Dur 1 2 3 4 5 6 7 8 9 10 11 12 13 14
0 0.41 0.28 0.19 0.13 0.12 0.12 0.12 0.14 0.14 0.14 0.15 0.16 0.20 0.23
1 0.28 0.19 0.12 0.12 0.12 0.12 0.14 0.14 0.14 0.14 0.16 0.20 0.21 0.25
2 0.19 0.12 0.12 0.12 0.12 0.12 0.14 0.14 0.14 0.14 0.18 0.20 0.25 0.27
3 0.12 0.12 0.12 0.12 0.12 0.12 0.14 0.14 0.14 0.17 0.18 0.24 0.27 0.29
4 0.12 0.12 0.12 0.12 0.12 0.12 0.14 0.14 0.16 0.18 0.24 0.26 0.29 0.31
5 0.12 0.12 0.12 0.12 0.12 0.12 0.14 0.15 0.18 0.22 0.26 0.28 0.30 0.31
6 0.12 0.12 0.12 0.12 0.12 0.13 0.15 0.18 0.22 0.26 0.28 0.30 0.31 0.32
7 0.12 0.12 0.12 0.12 0.12 0.15 0.17 0.22 0.26 0.28 0.29 0.30 0.32 0.33
8 0.12 0.12 0.12 0.12 0.13 0.17 0.20 0.25 0.27 0.29 0.30 0.31 0.33 0.33
9 0.12 0.12 0.12 0.13 0.15 0.20 0.25 0.27 0.28 0.29 0.31 0.32 0.33 0.34
10 0.12 0.12 0.13 0.15 0.18 0.24 0.26 0.28 0.28 0.30 0.31 0.32 0.34 0.35
11 0.12 0.13 0.15 0.18 0.24 0.25 0.27 0.28 0.29 0.30 0.31 0.33 0.35 0.35
12 0.13 0.15 0.18 0.24 0.25 0.26 0.27 0.28 0.29 0.30 0.32 0.34 0.35 0.37
13 0.15 0.18 0.24 0.25 0.26 0.26 0.27 0.28 0.29 0.31 0.33 0.34 0.36 0.38
14 0.18 0.24 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 0.24 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
[Female Nonsmoker, 2001 Select and Ultimate VBT, Age Nearest Birthday Basis (ages 0 - 50) chart continued on this page]
15 16 17 18 19 20 21 22 23 24 25 ULT AGE
0.26 0.28 0.31 0.33 0.34 0.36 0.36 0.37 0.38 0.38 0.39 0.39 25
0.28 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
Female Nonsmoker, 2001 Select and Ultimate VBT, Age Nearest Birthday Basis
Age/Dur
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
[Female Nonsmoker, 2001 Select and Ultimate VBT, Age Nearest Birthday Basis (ages 51 - 99) chart continued on this page]
15 16 17 18 19 20 21 22 23 24 25 ULT 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
495.92 537.10 580.89 627.30 676.32 727.96 782.22 839.09 898.58 1000.00
522.56 565.24 610.66 658.84 709.76 763.43 819.86 879.03 1000.00
549.94 594.14 641.23 691.20 744.06 799.80 858.43 1000.00
Female Smoker, 2001 Select and Ultimate VBT, Age Nearest Birthday Basis
Age/Dur
1 2 3 4 5 6 7 8 9 10 11 12 13 14
0 0.41 0.28 0.19 0.13 0.12 0.12 0.12 0.14 0.14 0.14 0.15 0.16 0.20 0.23
1 0.28 0.19 0.12 0.12 0.12 0.12 0.14 0.14 0.14 0.14 0.16 0.20 0.21 0.25
2 0.19 0.12 0.12 0.12 0.12 0.12 0.14 0.14 0.14 0.14 0.18 0.20 0.25 0.27
3 0.12 0.12 0.12 0.12 0.12 0.12 0.14 0.14 0.14 0.17 0.18 0.24 0.27 0.31
4 0.12 0.12 0.12 0.12 0.12 0.12 0.14 0.14 0.16 0.18 0.24 0.26 0.31 0.34
5 0.12 0.12 0.12 0.12 0.12 0.12 0.14 0.15 0.18 0.22 0.26 0.30 0.33 0.37
6 0.12 0.12 0.12 0.12 0.12 0.13 0.15 0.18 0.22 0.26 0.30 0.33 0.37 0.40
7 0.12 0.12 0.12 0.12 0.12 0.15 0.17 0.22 0.26 0.30 0.32 0.36 0.40 0.43
8 0.12 0.12 0.12 0.12 0.13 0.17 0.20 0.25 0.29 0.32 0.36 0.39 0.43 0.46
9 0.12 0.12 0.12 0.13 0.15 0.20 0.25 0.29 0.31 0.35 0.39 0.41 0.46 0.49
10 0.12 0.12 0.13 0.15 0.18 0.24 0.27 0.31 0.34 0.38 0.40 0.44 0.49 0.52
11 0.12 0.13 0.15 0.18 0.24 0.26 0.30 0.34 0.36 0.40 0.43 0.47 0.52 0.55
12 0.13 0.15 0.18 0.24 0.26 0.29 0.33 0.35 0.39 0.42 0.46 0.50 0.55 0.59
13 0.15 0.18 0.24 0.26 0.29 0.31 0.34 0.38 0.40 0.45 0.49 0.53 0.58 0.63
14 0.18 0.24 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 0.24 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
[Female Smoker, 2001 Select and Ultimate VBT, Age Nearest Birthday Basis (ages 0 - 50) chart continued on this page]
15 16 17 18 19 20 21 22 23 24 25 Ultimate
0.26 0.28 0.33 0.37 0.41 0.45 0.48 0.51 0.54 0.56 0.60 0.64 25
0.28 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
Female Smoker, 2001 Select and Ultimate VBT, Age Nearest Birthday Basis
Age/Dur 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
[Female Smoker, 2001 Select and Ultimate VBT, Age Nearest Birthday Basis (ages 51 - 99) chart continued on this page]
15 16 17 18 19 20 21 22 23 24 25 Ultimate
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
495.92 537.10 580.89 627.30 676.32 727.96 782.22 839.09 898.58 1000.00
522.56 565.24 610.66 658.84 709.76 763.43 819.86 879.03 1000.00
549.94 594.14 641.23 691.20 744.06 799.80 858.43 1000.00
EXHIBIT E - SELF-ADMINISTERED REPORTING
--------------------------------------------------------------------------------
The Ceding Company will self-administer all reinsurance reporting. The Ceding
Company will send the Reinsurer the reports listed below monthly.
E.1 REPORTING REQUIREMENTS
a. New Business - This report will include new issues only, the first
time the policy is reported to the Reinsurer. 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 - This report will include all policies with renewal
dates within the accounting period.
d. Changes and Terminations - This report will include all policies
affected by a change during the current reporting period. 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. In force - A detailed report listing the data shown in section E.3
(b) of this Exhibit for each policy in force.
f. Policy Exhibit - Transactions will be summarized for activity during
the current period and on a year-to-date basis, reporting the number
of policies and Reinsured Net Amount at Risk. An example is shown in
section E.4 of this Exhibit.
g. Accounting Information - Premiums and allowances will be summarized
for Life coverage, Benefits and Riders for both First Year and Renewal
business. An example is shown in section E.5 of this Exhibit.
E.2 BUSINESS REPORTED ELECTRONICALLY
If reporting will be done electronically, the Ceding Company will send the
Reinsurer a copy of their current file layout(s) that specifies the columns
in the order they appear in the file along with the data type (alpha,
numeric) and the exact length of each field. Also a data dictionary will be
provided that states a brief definition of each field contained in the
file(s), as well as a listing of valid values for fields where applicable
and an explanatory key to interpret plan codes, treaty pointers,
underwriting and smoking class codes. Future changes will be promptly
communicated to the Reinsurer in writing.
(000)00000-00-00 43 2/16/2011
E.3 STATEMENT SPECIFICATIONS
a. The following information should appear on the transaction statements
for each benefit to be reinsured and for each insured, including all
insureds on a joint policy:
Ceding Company identifier
Policy number
Policy issue date
Reinsurance effective date
Policy application date, if used to determine treaty eligibility
Transaction type code (New Business, Renewal, Conversion, Termination,
etc.)
Business Source/Issue type code (New Business, Continuation, Re-entry,
etc.)
Effective date of any policy change, reissue or termination
Name of each insured
Date of birth of each insured
Issue age of each insured
Gender of each insured
Mortality rating of each insured
Underwriting classification of each insured
Smoking class of each insured
Automatic or Facultative indicator
YRT indicator
Plan code
Treaty pointer
Original face amount of the policy
Amount ceded to the Reinsurer
Amount of premium being paid, separated for supplementary benefits
Amount of reinsurance premium allowances, if any
Policy fee, if any
Flat extra premium and number of years payable
Joint policy indicator
b. The Ceding Company will send the Reinsurer an In force report. The
following information should appear on the In force file for each
benefit to be reinsured and for each insured, including all insureds
on a joint policy:
Ceding Company identifier
Policy number
Policy issue date
Reinsurance effective date
Policy application date, if used to determine treaty eligibility
Business Source/Issue type code (New Business, Continuation, Re-entry,
etc.)
Name of each insured
Date of birth of each insured
Issue age of each insured
Gender of each insured
Underwriting classification of each insured
Smoking class of each insured
Mortality rating of each insured
Automatic or Facultative indicator
YRT indicator
Original face amount of the policy
Amount ceded to the Reinsurer
Joint policy indicator
(000)00000-00-00 44 2/16/2011
E.4 POLICY EXHIBIT
The Ceding Company will send the Reinsurer summary policy exhibit
information similar to the following example:
------------------------------ ---------- ------------
Number of Reinsurance
Policy Summary Classification Policies Amount
------------------------------ ---------- ------------
In force as of last report 1,000 $800,000,000
------------------------------ ---------- ------------
------------------------------ ---------- ------------
New Issues 10 1,000,000
------------------------------ ---------- ------------
Reinstatements 1 100,000
------------------------------ ---------- ------------
Increases 3 500,000
------------------------------ ---------- ------------
------------------------------ ---------- ------------
Deduct by:
------------------------------ ---------- ------------
Death 1 300,000
------------------------------ ---------- ------------
Lapse 6 500,000
------------------------------ ---------- ------------
Decreases 2 100,000
------------------------------ ---------- ------------
In force as of current report 1,005 800,700,000
------------------------------ ---------- ------------
(000)00000-00-00 45 2/16/2011
E.5 ACCOUNTING SUMMARY
The Reinsurer requires the Ceding Company to send summary accounting
information similar to the following example with each statement:
------------------------------------------------------------------------------------------------------------
Net Premium
Premiums Allowance Totals Total Due
------------------------------------------------------------------------------------------------------------
First Year Total Base $2,300.00 0.00 $2,300.00 Cash Value 0.00
ADB 100.00 0.00 100.00 Benefits/Claims 0.00
Waiver 100.00 0.00 100.00 Policy Fee 0.00
Other 0.00 0.00 0.00 Dividend 0.00
Prem Tax 0.00
Total $2,500.00 0.00 $2,500.00 Net Premium $2,500.00 $2,500.00
Renewal Total Base $25,000.00 0.00 $25,000.00 Cash Value 0.00
ADB 1,000.00 0.00 1,000.00 Benefits/Claims 0.00
Waiver 1,500.00 0.00 1,500.00 Policy Fee 0.00
Other 0.00 0.00 0.00 Dividend 0.00
Prem Tax 0.00
Total $27,500.00 0.00 $27,500.00 Net Premium $27,500.00 $27,500.00
First Year & Renewal Base $27,300.00 0.00 $27,300.00 Cash Value 0.00
ADB 1,100.00 0.00 1,100.00 Benefits/Claims 0.00
Waiver 1,600.00 0.00 1,600.00 Policy Fee 0.00
Other 0.00 0.00 0.00 Dividend 0.00
Prem Tax 0.00
Total $30,000.00 0.00 $30,000.00 Net Premium $30,000.00 $30,000.00
------------------------------------------------------------------------------------------------------------
(000)00000-00-00 46 2/16/2011
EXHIBIT F - APPLICATION FOR FACULTATIVE REINSURANCE
------------------------------------------------------------------------------------------------------------------------------------
REINSURANCE GROUP OF AMERICA
------------------------------------------------------------------------------------------------------------------------------------
CEDING COMPANY FACSIMILE NUMBER
------------------------------------------------------------------------------------------------------------------------------------
UNDERWRITER E-MAIL TELEPHONE NUMBER
------------------------------------------------------------------------------------------------------------------------------------
BY DATE
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
PROPOSED INSURED (LAST NAME) (FIRST) (MIDDLE) DATE OF BIRTH AGE
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
SEX STATE OF BIRTH STATE OF RESIDENCE OCCUPATION
[ ] M [ ] F
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
BASIS [ ] AUTOMATIC NUMBER OF PAGES
[ ] NEAREST BIRTHDAY [ ] YRT [ ] FACULTATIVE
[ ] LAST BIRTHDAY [ ] CO-INS
------------------------------------------------------------------------------------------------------------------------------------
--------------------------------- ------------------------------------
LIFE WAIVER ADB REQUIREMENTS
---------------------------------------------- ----------- --------- ATTACHED OUTSTANDING
PREVIOUS IN FORCE APP [ ] [ ]
---------------------------------------------- ----------- --------- EXAM [ ] [ ]
RETENTION ECG [ ] [ ]
---------------------------------------------- ----------- --------- XRAY [ ] [ ]
CURRENT APPLICATION BLOOD [ ] [ ]
---------------------------------------------- ----------- --------- PROF
PROPOSED RETENTION HIV [ ] [ ]
---------------------------------------------- ----------- --------- HOS [ ] [ ]
REPLACEMENT? ORAL [ ] [ ]
---------------------------------------------- ----------- --------- FLUID
REINSURANCE APPLIED FOR APS [ ] [ ]
---------------------------------------------- ----------- --------- DR:
RATING
---------------------------------------------- ----------- --------- ------------------------------------
APS [ ] [ ]
---- ---- DR:
YES NO
---------------------------------------------------------- ---- ---- ------------------------------------
DOES APPLICATION REPRESENT EXERCISE OF A GUARANTEED APS [ ] [ ]
INSURABILITY OPTION OR ANY OTHER SPECIAL BENEFIT? DR:
---------------------------------------------------------- ---- ----
WILL POLICY CONTAIN AN AVIATION EXCLUSION PROVISION? ------------------------------------
---------------------------------------------------------- ---- ---- INSP/PHI [ ] [ ]
IS REINSURANCE BEING SUBMITTED ELSEWHERE? BBIR [ ] [ ]
IF YES, WHERE: FINANCIAL [ ] [ ]
---------------------------------------------------------- ---- ---- ------------------------------------
IN EXCESS OF JUMBO?
---------------------------------------------------------- ---- ----
SMOKING/TOBACCO STATUS
[ ] NO TOBACCO [ ] NONSMOKER
[ ] TOBACCO [ ] SMOKER
---------------------------------------------------------- ---- ----
--------------------------------------------------------------------
REMARKS
--------------------------------------------------------------------
REFER TO
---------------------------------------- -------------- ------------
KEEP TOGETHER WITH
[ ]JOINT LIFE [ ]GROUP/BUSINESS/FAMILY
NAME DATE OF BIRTH RELATIONSHIP
---------------------------------------- -------------- ------------
PLEASE INDICATE REASON SUBMITTED AND CODES YOUR COMPANY IS REPORTING
TO MIB
--------------------------------------------------------------------
(000)00000-00-00 47 2/16/2011
EXHIBIT G - ALLOCATION RULES FOR PLACEMENT OF FACULTATIVE CASES
--------------------------------------------------------------------------------
The Ceding Company will place the case with the Reinsurer having the first in
best offer.
(000)00000-00-00 48 2/16/2011
