Exhibit (g)(7)
AMENDMENT TO AUTOMATIC YRT AGREEMENT
("AMENDMENT")
Reference is made to the Automatic YRT Reinsurance Agreement, dated effective
November 25, 2002 and identified as Treaty Number 3007 (herein the
"Agreement"), by and between IDS Life Insurance Company and [name of
reinsurance company] under which reinsurance is provided for policies issued
on the "VUL-FV" and "LP Select" plans and related riders. The undersigned
parties hereby agree that the Agreement shall be and is hereby amended as
follows:
1. The following sentence shall be added at the end of section D.1 of
Exhibit D: "For juvenile policies up to attained age of twenty years
old, standard non-smoker allowances shall be applied for purposes of
determining reinsurance premiums."
2. This revision shall be applied retrospectively to the effective date
of the Agreement.
Capitalized terms not otherwise defined herein have the meaning ascribed to
them in the Agreement. Except as expressly amended above, all other terms of
the Agreement, together with all exhibits and attachments thereto, remain in
full force and effect. This Amendment is effective immediately upon execution
by both of the undersigned parties. This Amendment is made in duplicate and
executed below by authorized representatives of both parties.
IDS LIFE INSURANCE COMPANY [NAME OF REINSURANCE COMPANY]
By: /s/ Xxxxxxx X. Xxxxxxxx By: [signature]
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(signature) (signature)
Xxxxxxx X. Xxxxxxxx [name]
(print or type name) (print or type name)
Title: President Title: [title]
Date: Dec. 30, 2005 Date: Dec. 21, 2005
Attest: /s/ Xxxxxxx X. Xxxxxxxx Attest: [signature]
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(signature) (signature)
Title: Reinsurance Officer Title: [title]
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