AMENDMENT NO. 3
AMENDMENT NO. 3
to the Yearly Renewable Term Reinsurance Agreement Effective August 1, 1983
between
CENTURY LIFE OF AMERICA
and
CONNECTICUT GENERAL LIFE INSURANCE COMPANY
It is agreed by the two companies as follows:
1. The following Article 1 entitled APPLICATION OF AGREEMENT will be
substituted for the corresponding article of this agreement:
Article 1
---------
APPLICATION OF AGREEMENT
------------------------
Reinsurance under this agreement will be limited to the mortality risk
portion of insurance issued by Century Life on its Universal Life
plans, entitled Adjustable Life, Flexible Premium Variable Life,
UniVers-ALL Life II and UniVers-ALL Life III, including policies issued
in exchange of policies originally issued by Century Life, provided
such original insurance is reinsured in Connecticut General at the time
of exchange.
2. The following section entitled SUPPLEMENTARY BENEFITS will be substituted
for the corresponding section of Article 2 of this agreement:
SUPPLEMENTARY BENEFITS
----------------------
Reinsurance under this agreement may include supplementary disability
waiver of premium and supplementary accidental death benefits.
3. The following section entitled OPTED INSURANCE will be added to and made a
part of Article 2 of this agreement:
OPTED INSURANCE
---------------
Reinsurance accepted under this provision will include the excess over
Century Life's then maximum limit of retention of standard insurance
issued by Century Life under the provisions of a Guaranteed
Insurability rider, provided that the policy to which the rider is
attached was issued on a standard basis and while this agreement was
in effect.
Future modifications or cancellations of this provision will not alter
Century Life's or Connecticut General's obligations to reinsure, as
herein provided, insurance issued by Century Life under Guaranteed
Insurability riders attached to policies issued by Century Life while
this provision is in effect.
4. The following section entitled PREMIUMS FOR OPTED INSURANCE will be added
to and made a part of Article 8 of this agreement:
PREMIUMS FOR OPTED INSURANCE
----------------------------
The basic premiums payable for reinsurance of opted insurance issued
under the provisions of guaranteed insurability riders will be
calculated at the rates effective for regular new reinsurance ceded
under this agreement at the date of option. A single extra payment will
also be payable for such reinsurance and will be calculated at the
rates shown in Schedule E, attached hereto. This extra payment will be
payable at issue of the opted policy and will not be subject to refund
for any reason.
5. The attached Schedule D will be substituted for the corresponding schedule
attached to this agreement.
6. The attached Schedule E will be attached to and made a part of this
agreement.
This amendment will be effective for policies issued with policy dates of
July 1, 1986 or later.
In witness whereof, this amendment is signed in duplicate on the dates indicated
at the home office of each company.
CENTURY LIFE OF AMERICA
By /s/ Xxxxxx X. Xxxxxxx Xx.
---------------------------------------
Xxxxxx X. Xxxxxxx Xx.
Date October 15, 1986
-------------------------------------
CONNECTICUT GENERAL LIFE INSURANCE COMPANY
By /s/ Xxxx X. Xxxxxx
---------------------------------------
Xxxx X. Xxxxxx
Date July 18, 1986
-------------------------------------
SCHEDULE D
----------
YEARLY RENAWABLE TERM REINSURANCE PREMIUMS
------------------------------------------
Special Century Life, Universal Life Rate Program
Non-Experience Rated Basis
Applicable to reinsurance of new business on the Adjustable Life plan.
Life Reinsurance: Premium rates are shown on pages 2 to 5 of this section. The
total life reinsurance premium on standard cessions and on those substandard
cessions with a percentage rating consists of the appropriate rate per $1,000
applied to the amount at risk. Substandard extra premiums are direct
multiples of the standard life premium. On substandard cessions involving flat
extra premiums payable for more than five years, the reinsurance flat extra
premium is 20% of the reinsured portion of the gross flat extra premium charged
on the original policy in the first year and 75% in renewal years. When the flat
extra premium is payable for five years or less, the reinsurance flat extra
premium is 75% in all years. Reinsurance premiums on substandard risks will
revert to the standard risk basis on the policy anniversary on which the insured
attains age 65 or on the 20th policy anniversary, whichever is later.
For joint life cessions with proceeds payable at the first death where the
amount of reinsurance is the same for all lives covered, the total life
reinsurance premium is 95% of the sum of the attained age single life rates
applied to the amount at risk. In all other situations the reinsurance premiums
are calculated as for single life cessions for each life covered.
Disability Waiver of Premium: The monthly waiver of premium rates are shown on
page 6 of this section. In the first policy year the reinsurance premium is
zero. In the renewal years the reinsurance premium equals 90% of the gross
disability premium charged on the original policy.
TERM RENEWALS AND TERM CONVERSIONS
----------------------------------
Term renewals and term conversions are considered as continuation of the
original insurance for the purpose of determining the duration and appropriate
premiums thereon.
SCHEDULE D - SECTION I, Page 1
CONNECTICUT GENERAL LIFE INSURANCE COMPANY
YEARLY RENEWABLE TERM REINSURANCE PREMIUMS PER $1000
SPECIAL LUTHERAN MUTUAL NONSMOKER MALE RATES
NONEXPERIENCED RATED AGE LAST BIRTHDAY
ATTAINED RENEWAL ATTAINED RENEWAL
AGE PREMIUM AGE PREMIUM
-------- ------- -------- -------
20 1.44 58 8.94
21 1.46 59 9.74
22 1.47 60 10.64
23 1.49 61 11.67
24 1.50 62 12.82
25 1.52 63 14.06
26 1.54 64 15.44
27 1.55 65 16.95
28 1.57 66 18.63
29 1.58 67 20.47
30 1.60 68 22.50
31 1.62 69 24.73
32 1.63 70 27.18
33 1.65 71 29.86
34 1.67 72 32.82
35 1.70 73 36.07
36 1.72 74 39.65
37 1.74 75 43.57
38 1.78 76 47.89
39 1.82 77 52.62
40 1.88 78 57.84
41 2.01 79 63.56
42 2.19 80 69.86
43 2.39 81 76.78
44 2.62 82 84.38
45 2.86 83 92.73
46 3.13 84 101.91
47 3.42 85 112.00
48 3.74 86 122.99
49 4.10 87 134.89
50 4.48 88 147.69
51 4.88 89 161.39
52 5.31 90 176.00
53 5.78 91 191.51
54 6.30 92 207.93
55 6.87 93 225.25
56 7.50 94 243.47
57 8.19
THE FIRST YEAR REINSURANCE PREMIUM IS ZERO
JUNE 1984
NO ANNUAL FEE IS APPLICABLE
SCHEDULE D - SECTION I, Page 2
CONNECTICUT GENERAL LIFE INSURANCE COMPANY
YEARLY RENEWABLE TERM REINSURANCE PREMIUMS PER $1000
SPECIAL LUTHERAN MUTUAL NONSMOKER FEMALE RATES
NONEXPERIENCED RATED AGE LAST BIRTHDAY
ATTAINED RENEWAL ATTAINED RENEWAL
AGE PREMIUM AGE PREMIUM
-------- ------- -------- -------
20 0.84 58 6.01
21 0.85 59 6.38
22 0.86 60 6.78
23 0.89 61 7.30
24 0.91 62 7.86
25 0.95 63 8.45
26 1.01 64 9.08
27 1.06 65 9.78
28 1.10 66 10.50
29 1.15 67 11.22
30 1.20 68 12.02
31 1.25 69 12.95
32 1.33 70 14.12
33 1.41 71 15.36
34 1.48 72 16.70
35 1.54 73 18.21
36 1.60 74 20.06
37 1.62 75 22.29
38 1.69 76 24.89
39 1.74 77 27.74
40 1.83 78 31.01
41 1.98 79 34.69
42 2.17 80 38.93
43 2.38 81 43.60
44 2.62 82 48.67
45 2.82 83 54.29
46 3.06 84 60.62
47 3.26 85 67.74
48 3.49 86 75.08
49 3.73 87 84.87
50 3.99 88 95.13
51 4.18 89 108.13
52 4.35 90 123.85
53 4.55 91 138.44
54 4.77 92 154.02
55 5.05 93 171.82
56 5.34 94 190.76
57 5.06
THE FIRST YEAR REINSURANCE PREMIUM IS ZERO
JUNE 1984
NO ANNUAL FEE IS APPLICABLE
SCHEDULE D - SECTION I, Page 3
CONNECTICUT GENERAL LIFE INSURANCE COMPANY
YEARLY RENEWABLE TERM REINSURANCE PREMIUMS PER $1000
SPECIAL LUTHERAN MUTUAL SMOKER MALE RATES
NONEXPERIENCED RATED AGE LAST BIRTHDAY
ATTAINED RENEWAL ATTAINED RENEWAL
AGE PREMIUM AGE PREMIUM
-------- ------- -------- -------
1.43 48 6.11
1 1.30 49 6.09
2 1.25 50 7.32
3 1.20 51 8.01
4 1.15 52 8.75
5 1.12 53 9.57
6 1.08 54 10.46
7 1.05 55 11.42
8 1.02 56 12.49
9 1.02 57 13.66
10 1.02 58 14.64
11 1.05 59 15.66
12 1.08 60 16.77
13 1.14 61 18.00
14 1.20 62 19.36
15 1.26 63 20.80
16 1.33 64 22.37
17 1.39 65 24.02
18 1.44 66 26.01
19 1.48 67 28.16
20 1.52 68 30.46
21 1.55 69 32.95
22 1.57 70 35.67
23 1.60 71 30.56
24 1.61 72 41.66
25 1.64 73 45.10
26 1.66 74 48.73
27 1.69 75 52.63
28 1.72 76 57.30
29 1.76 77 62.40
30 1.81 78 68.08
31 1.86 79 74.12
32 1.92 80 80.71
33 1.98 81 88.21
34 2.06 82 96.39
35 2.17 83 105.34
36 2.28 84 115.11
37 2.40 85 125.79
38 2.51 86 137.61
39 2.65 87 150.49
40 2.87 88 163.97
41 3.18 89 178.67
42 3.55 90 194.10
43 3.94 91 209.97
44 4.31 92 226.67
45 4.70 93 244.11
46 5.12 94 262.33
47 5.59
THE FIRST YEAR REINSURANCE PREMIUM IS ZERO
JUNE 1984
NO ANNUAL FEE IS APPLICABLE
SCHEDULE D - SECTION I, Page 4
CONNECTICUT GENERAL LIFE INSURANCE COMPANY
YEARLY RENEWABLE TERM REINSURANCE PREMIUMS PER $1000
SPECIAL LUTHERAN MUTUAL SMOKER FEMALE RATES
NONEXPERIENCED RATED AGE LAST BIRTHDAY
ATTAINED RENEWAL ATTAINED RENEWAL
AGE PREMIUM AGE PREMIUM
-------- ------- -------- -------
1.34 48 4.70
1 1.29 49 5.12
2 1.16 50 5.59
3 1.11 51 6.11
4 1.07 52 6.59
5 1.02 53 6.90
6 0.98 54 7.25
7 0.96 55 7.68
8 0.94 56 8.14
9 0.92 57 8.65
10 0.91 58 9.20
11 0.89 59 9.78
12 0.87 60 10.40
13 0.86 61 11.00
14 0.85 62 11.61
15 0.84 63 12.25
16 0.84 64 12.92
17 0.85 65 13.64
18 0.86 66 14.45
19 0.87 67 15.23
20 0.88 68 16.06
21 0.90 69 17.07
22 0.92 70 18.33
23 0.94 71 19.64
24 0.97 72 21.00
25 1.02 73 22.58
26 1.08 74 24.45
27 1.13 75 26.74
28 1.19 76 29.60
29 1.25 77 32.73
30 1.31 78 36.30
31 1.38 79 40.27
32 1.48 80 44.80
33 1.60 81 49.96
34 1.73 82 55.42
35 1.83 83 61.56
36 1.92 84 68.29
37 2.00 85 75.99
38 2.09 86 84.81
39 2.19 87 94.52
40 2.37 88 105.56
41 2.60 89 119.55
42 2.85 90 136.42
43 3.09 91 151.65
44 3.36 92 168.39
45 3.65 93 186.05
46 3.90 94 205.30
47 4.01
THE FIRST YEAR REINSURANCE PREMIUM IS ZERO
JUNE 1984
NO ANNUAL FEE IS APPLICABLE
SCHEDULE D - SECTION I, Page 5
Waiver of Monthly Deduction
Age Rate Age Rate Age Rate Age Rate Age Rate
--- ---- --- ---- --- ---- --- ---- --- ----
0 .10 15 .10 30 .10 45 .22 60 1.03*
1 .10 16 .10 31 .10 46 .25 61 1.03*
2 .10 17 .10 32 .10 47 .28 62 .98*
3 .10 18 .10 33 .10 48 .32 63 .81*
4 .10 19 .10 34 .10 49 .38 64 .42*
5 .10 20 .10 35 .11 50 .45
6 .10 21 .10 36 .11 51 .55
7 .10 22 .10 37 .12 52 .67
8 .10 23 .10 38 .13 53 .84
9 .10 24 .10 39 .14 54 1.06
10 .10 25 .10 40 .14 55 1.34
11 .10 26 .10 41 .15 56 1.65*
12 .10 27 .10 42 .17 54 1.99*
13 .10 28 .10 43 .18 58 2.40*
14 .10 29 .10 44 .20 59 2.86*
* For renewal only
SCHEDULE D - SECTION I, Page 6
SCHEDULE D
----------
YEARLY RENEWABLE TERM REINSURANCE PREMIUMS
------------------------------------------
Special Century Life, Universal Life Rate Program
Non-Experience Rated Basis
Applicable to reinsurance of exchanges to the Adjustable Life Plan.
Life Reinsurance: Premium rates are shown on pages 2 to 5 of this section.
The total life reinsurance premium on standard cessions and on those substandard
cessions with a percentage rating consists of the appropriate rate per $1,000
applied to the amount at risk. Substandard extra premiums are direct multiples
of the standard premium. On substandard cessions involving flat extra premiums
payable for more than five years, the reinsurance flat extra premium is 20% of
the reinsured portion of the gross flat extra premium charged on the original
policy in the first year and 75% in renewal years. When the flat extra premium
is payable for five years or less, the reinsurance flat extra premium is 75% in
all years. Reinsurance premiums on substandard risks will revert to the standard
risk basis on the policy anniversary on which the insured attains age 65 or on
the 20th policy anniversary, whichever is later.
For joint life cessions with proceeds payable at the first death where the
amount of reinsurance is the same for all lives covered, the total life
reinsurance premium is 95% of the sum of the attained age single life rates
applied to the amount at risk. In all other situations the reinsurance premiums
are calculated as for single life cessions for each life covered.
Disability Waiver of Premium: The monthly waiver of premium rates are shown on
page 6 of this section. In all years the reinsurance premium equals 90% of the
gross disability premium charged on the original policy.
EXCHANGES, TERM RENEWALS AND TERM CONVERSIONS
---------------------------------------------
Exchanges, term renewals and term conversions are considered as continuations of
the original insurance for the purpose of determining the duration and
appropriate premiums thereon.
SCHEDULE D - SECTION II, Page 1
CONNECTICUT GENERAL LIFE INSURANCE COMPANY
YEARLY RENEWABLE TERM REINSURANCE PREMIUMS PER $1000
SPECIAL LUTHERAN MUTUAL/MALE NONSMOKER RATES
NONEXPERIENCED RATED AGE LAST BIRTHDAY
ATTAINED ATTAINED
AGE PREMIUM AGE PREMIUM
-------- ------- -------- -------
20 1.60 58 9.94
21 1.62 59 10.84
22 1.64 60 11.84
23 1.66 61 12.99
24 1.67 62 14.26
25 1.69 63 15.65
26 1.71 64 17.18
27 1.73 65 18.86
28 1.74 66 20.73
29 1.76 67 22.78
30 1.78 68 25.03
31 1.80 69 27.51
32 1.82 70 30.23
33 1.83 71 33.22
34 1.86 72 36.52
35 1.89 73 40.13
36 1.91 74 44.11
37 1.94 75 48.47
38 1.98 76 53.28
39 2.02 77 55.54
40 2.09 78 64.35
41 2.23 79 70.71
42 2.44 80 77.71
43 2.66 81 85.41
44 2.91 82 93.87
45 3.18 83 103.16
46 3.48 84 113.38
47 3.80 85 124.60
48 4.16 86 136.83
49 4.56 87 150.06
50 4.98 88 164.30
51 5.43 89 179.55
52 5.91 90 195.80
53 6.43 91 213.06
54 7.01 92 231.32
55 7.65 93 250.59
56 8.35 94 270.86
57 9.11
4/5/84
SCHEDULE D - SECTION II, Page 2
CONNECTICUT GENERAL LIFE INSURANCE COMPANY
YEARLY RENEWABLE TERM REINSURANCE PREMIUMS PER $1000
SPECIAL LUTHERAN MUTUAL/FEMALE NONSMOKER RATES
NONEXPERIENCED RATED AGE LAST BIRTHDAY
ATTAINED ATTAINED
AGE PREMIUM AGE PREMIUM
-------- ------- -------- -------
20 0.93 58 6.68
21 0.94 59 7.09
22 0.96 60 7.55
23 0.99 61 8.12
24 1.01 62 8.75
25 1.06 63 9.40
26 1.12 64 10.10
27 1.17 65 10.88
28 1.23 66 11.69
29 1.28 67 12.49
30 1.34 68 13.38
31 1.39 69 14.41
32 1.48 70 15.71
33 1.57 71 17.09
34 1.65 72 18.57
35 1.72 73 20.26
36 1.78 74 22.32
37 1.81 75 24.90
38 1.88 76 27.69
39 1.94 77 30.87
40 2.04 78 34.50
41 2.20 79 38.59
42 2.41 80 43.31
43 2.64 81 48.51
44 2.91 82 54.15
45 3.13 83 60.40
46 3.41 84 67.44
47 3.63 85 75.37
48 3.88 86 84.42
49 4.15 87 94.42
50 4.44 88 105.83
51 4.65 89 120.29
52 4.84 90 137.78
53 5.06 91 154.01
54 5.30 92 172.01
55 5.62 93 191.15
56 5.95 94 212.22
57 6.30
SCHEDULE D - SECTION II, Page 3
CONNECTICUT GENERAL LIFE INSURANCE COMPANY
YEARLY RENEWABLE TERM REINSURANCE PREMIUMS PER $1000
SPECIAL LUTHERAN MUTUAL/MALE SMOKER RATES
NONEXPERIENCED RATED AGE LAST BIRTHDAY
ATTAINED ATTAINED
AGE PREMIUM AGE PREMIUM
-------- ------- -------- -------
1.24 48 5.31
1 1.20 49 5.81
2 1.09 50 6.36
3 1.04 51 6.96
4 1.00 52 7.61
5 0.97 53 8.31
6 0.93 54 9.09
7 0.91 55 9.93
8 0.89 56 10.86
9 0.88 57 11.87
10 0.89 58 12.72
11 0.91 59 13.61
12 0.94 60 14.57
13 0.99 61 15.64
14 1.04 62 16.83
15 1.10 63 18.07
16 1.15 64 19.44
17 1.20 65 20.88
18 1.26 66 22.61
19 1.28 67 24.47
20 1.32 68 26.47
21 1.34 69 28.64
22 1.37 70 31.00
23 1.39 71 33.51
24 1.40 72 29.64
25 1.42 73 39.19
26 1.45 74 42.35
27 1.47 75 45.73
28 1.50 76 49.80
29 1.53 77 54.22
30 1.58 78 59.17
31 1.62 79 64.42
32 1.67 80 70.14
33 1.72 81 76.66
34 1.79 82 83.77
35 1.88 83 91.55
36 1.99 84 100.04
37 2.09 85 109.32
38 2.18 86 119.59
39 2.31 87 130.78
40 2.50 88 142.50
41 2.76 89 155.27
42 3.09 90 168.68
43 3.42 91 182.48
44 3.74 92 196.99
45 4.08 93 212.15
46 4.45 94 227.98
47 4.85
SCHEDULE D - SECTION II, Page 4
CONNECTICUT GENERAL LIFE INSURANCE COMPANY
YEARLY RENEWABLE TERM REINSURANCE PREMIUMS PER $1000
SPECIAL LUTHERAN MUTUAL/FEMALE SMOKER RATES
NONEXPERIENCED RATED AGE LAST BIRTHDAY
ATTAINED ATTAINED
AGE PREMIUM AGE PREMIUM
-------- ------- -------- -------
1.17 48 4.08
1 1.12 49 4.45
2 1.01 50 4.85
3 0.96 51 5.31
4 0.93 52 5.72
5 0.89 53 5.99
6 0.85 54 6.30
7 0.83 55 6.67
8 0.82 56 7.07
9 0.80 57 7.52
10 0.79 58 7.99
11 0.77 59 8.50
12 0.76 60 9.04
13 0.74 61 9.56
14 0.74 62 10.09
15 0.73 63 10.64
16 0.73 64 11.23
17 0.74 65 11.86
18 0.74 66 12.56
19 0.75 67 13.23
20 0.77 68 13.96
21 0.78 69 14.83
22 0.80 70 15.93
23 0.82 71 17.07
24 0.85 72 18.25
25 0.88 73 19.62
26 0.93 74 21.25
27 0.99 75 23.24
28 1.04 76 25.73
29 1.09 77 28.44
30 1.14 78 31.55
31 1.20 79 35.00
32 1.28 80 38.93
33 1.39 81 43.42
34 1.50 82 48.17
35 1.59 83 53.49
36 1.67 84 59.35
37 1.74 85 66.04
38 1.82 86 73.71
39 1.91 87 82.14
40 2.06 88 91.74
41 2.26 89 103.89
42 2.47 90 118.56
43 2.69 91 131.79
44 2.92 92 146.34
45 3.18 93 161.69
46 3.45 94 178.49
47 3.74
SCHEDULE D - SECTION II, Page 5
Waiver of Monthly Deduction
Age Rate Age Rate Age Rate Age Rate Age Rate
--- ---- --- ---- --- ---- --- ---- --- ----
0 .10 15 .10 30 .10 45 .22 60 1.03*
1 .10 16 .10 31 .10 46 .25 61 1.03*
2 .10 17 .10 32 .10 47 .28 62 .98*
3 .10 18 .10 33 .10 48 .32 63 .81*
4 .10 19 .10 34 .10 49 .38 64 .42*
5 .10 20 .10 35 .11 50 .45
6 .10 21 .10 36 .11 51 .55
7 .10 22 .10 37 .12 52 .67
8 .10 23 .10 38 .13 53 .84
9 .10 24 .10 39 .14 54 1.06
10 .10 25 .10 40 .14 55 1.34
11 .10 26 .10 41 .15 56 1.65*
12 .10 27 .10 42 .17 57 1.99*
13 .10 28 .10 43 .18 58 2.40*
14 .10 29 .10 44 .20 59 2.86*
* For renewal only
SCHEDULE D - SECTION II, Page 6
SCHEDULE D
----------
YEARLY RENEWABLE TERM REINSURANCE PREMIUMS
------------------------------------------
Special Universal Life Program, Non-Experience Rated Basis
Applicable to reinsurance of the UniVers-ALL Life II plan.
Life Reinsurance: Century Life's Cost of Insurance (COI) rates are shown on
pages 2 and 3 of this section. The total life reinsurance premium on standard
cessions and on those substandard cessions with a percentage rating consists of
the correct percentage from the following table of the appropriate rate per
$1,000 applied to the amount at risk. Substandard premiums are direct
multiples of the standard life premium. On substandard cessions involving flat
extra premiums payable for more than five years, the reinsurance flat extra
premium is 20% of the reinsured portion of the gross flat extra premium charged
on the original policy in the first year and 75% in renewal years. When the flat
extra premium is payable for five years or less, the reinsurance flat extra
premium is 75% in all years. Reinsurance premiums on substandard risks will
revert to the standard risk basis on the policy anniversary on which the insured
attains age 65 or on the 20th policy anniversary, whichever is later.
YRT Rates Expressed as a
Percentage of UniVers-ALL II
Current COI Rates
-----------------------------
Type of Business Duration Non-Smoker and Smoker
---------------- -------- ---------------------
New Issues 1 25%
2+ 95%
Exchanges All 95%
Disability Waiver of Premium: In the first policy year the reinsurance premium
is zero. In renewal years the reinsurance premium equals 90% of the gross
disability premium charged on the original policy.
SCHEDULE D - SECTION III, Page 1
UNIVERS-ALL LIFE II COST OF INSURANCE RATES
ANNUAL RATES PER $1000
MALE FEMALE
=================================== ===================================
ATT -------CURRENT------- -------CURRENT------- ATT
AGE GUARANTEED STANDARD NONSMOKER GUARANTEED STANDARD NONSMOKER AGE
0 4.64 1.70 3.94 1.58 0
1 1.64 1.64 1.54 1.54 1
2 1.49 1.49 1.38 1.38 2
3 1.43 1.43 1.32 1.32 3
4 1.37 1.37 1.27 1.27 4
5 1.33 1.33 1.22 1.22 5
6 1.28 1.28 1.17 1.17 6
7 1.25 1.25 1.14 1.14 7
8 1.22 1.22 1.12 1.10 8
9 1.21 1.20 1.11 1.06 9
10 1.22 1.20 1.12 1.03 10
11 1.25 1.20 1.13 1.01 11
12 1.29 1.21 1.15 .99 12
13 1.36 1.23 1.19 .97 13
14 1.43 1.26 1.24 .96 14
15 1.50 1.30 1.29 .95 15
16 1.58 1.34 1.36 .95 16
17 1.65 1.37 1.43 .96 17
18 1.72 1.37 1.50 .97 18
19 1.76 1.37 1.58 .98 19
20 1.81 1.37 1.37 1.65 1.00 1.00 20
21 1.84 1.37 1.37 1.72 1.01 1.01 21
22 1.87 1.37 1.37 1.76 1.03 1.03 22
23 1.90 1.37 1.37 1.81 1.05 1.05 23
24 1.92 1.37 1.37 1.84 1.07 1.07 24
25 1.95 1.39 1.37 1.87 1.09 1.08 25
26 1.98 1.41 1.37 1.90 1.13 1.11 26
27 2.01 1.48 1.39 1.92 1.17 1.14 27
28 2.05 1.56 1.41 1.95 1.22 1.18 28
29 2.10 1.67 1.43 1.98 1.25 1.21 29
30 2.16 1.77 1.45 2.01 1.33 1.25 30
31 2.22 1.82 1.47 2.05 1.37 1.28 31
32 2.29 1.87 1.50 2.10 1.43 1.32 32
33 2.36 1.94 1.52 2.16 1.53 1.36 33
34 2.45 2.03 1.56 2.22 1.61 1.40 34
35 2.58 2.11 1.59 2.29 1.69 1.44 35
36 2.72 2.19 1.61 2.36 1.76 1.48 36
37 2.90 2.27 1.64 2.45 1.83 1.52 37
38 3.13 2.36 1.67 2.58 1.92 1.57 38
39 3.39 2.46 1.70 2.72 2.01 1.62 39
40 3.68 2.58 1.76 2.90 2.16 1.67 40
41 4.00 2.82 1.88 3.13 2.37 1.79 41
42 4.35 3.13 2.06 3.39 2.64 1.96 42
43 4.72 3.43 2.24 3.68 2.92 2.13 43
44 5.13 3.77 2.45 4.00 3.21 2.30 44
45 5.59 4.16 2.68 4.35 3.48 2.47 45
46 6.09 4.54 2.90 4.72 3.71 2.61 46
47 6.65 4.97 3.15 5.13 3.92 2.72 47
48 7.27 5.44 3.43 5.59 4.10 2.83 48
49 7.96 5.94 3.71 6.09 4.30 2.94 49
UNIVERS-ALL LIFE II COST OF INSURANCE RATES
ANNUAL RATES PER $1000
MALE FEMALE
=================================== ===================================
ATT -------CURRENT------- -------CURRENT------- ATT
AGE GUARANTEED STANDARD NONSMOKER GUARANTEED STANDARD NONSMOKER AGE
50 8.71 6.49 4.03 6.65 4.48 3.05 50
51 9.53 7.13 4.40 7.27 4.80 3.25 51
52 10.42 7.83 4.80 7.96 5.12 3.45 52
53 11.39 8.59 5.22 8.71 5.47 3.67 53
54 12.45 9.42 5.69 9.53 5.86 3.92 54
55 13.60 10.34 6.21 10.42 6.33 4.22 55
56 14.87 11.24 6.88 11.39 6.86 4.57 56
57 16.26 12.20 7.64 12.45 7.44 4.96 57
58 17.79 13.26 8.47 13.60 8.09 5.39 58
59 19.46 14.41 9.40 14.87 8.80 5.86 59
60 21.28 15.65 10.43 16.26 9.56 6.38 60
61 23.26 17.00 11.58 17.79 10.23 6.96 61
62 25.43 18.46 12.83 19.46 10.91 7.59 62
63 27.79 20.06 14.24 21.28 11.65 8.27 63
64 30.38 21.78 15.79 23.26 12.42 9.00 64
65 33.22 23.66 17.53 25.43 13.27 9.83 65
66 36.36 25.78 19.38 27.79 14.15 10.64 66
67 39.82 28.09 21.44 30.38 15.03 11.46 67
68 43.60 30.61 23.74 33.22 15.98 12.39 68
69 47.65 33.33 26.27 36.36 17.10 13.46 69
70 51.91 36.32 29.05 39.82 18.49 14.79 70
71 56.34 39.50 32.13 43.60 19.95 16.22 71
72 60.89 42.96 35.54 47.65 21.48 17.77 72
73 65.61 46.75 39.26 51.91 23.24 19.52 73
74 70.65 50.82 43.41 56.34 25.33 21.66 74
75 76.16 55.79 48.50 60.89 28.17 24.50 75
76 82.31 61.62 54.07 65.61 31.65 27.78 76
77 89.22 68.07 60.28 70.65 35.52 31.45 77
78 96.93 75.24 67.17 76.16 39.94 35.66 78
79 105.35 83.11 74.83 82.31 44.96 40.51 79
80 114.39 91.77 83.40 89.22 50.74 46.14 80
81 123.95 101.63 92.88 96.93 57.37 52.41 81
82 133.92 112.53 103.43 105.35 64.50 59.31 82
83 144.30 124.48 115.05 114.39 72.54 67.00 83
84 155.12 137.83 128.12 123.95 81.57 75.85 84
85 166.47 152.62 142.68 133.92 92.00 85.94 85
86 178.39 168.87 158.48 144.30 103.88 97.41 86
87 181.02 186.70 175.72 155.12 117.06 110.20 87
88 204.57 204.48 193.39 166.47 131.43 124.20 88
89 219.37 220.39 209.03 178.39 147.25 139.68 89
90 235.82 234.03 222.82 191.02 164.29 156.44 90
91 254.44 246.36 235.93 204.57 177.72 170.20 91
92 275.82 261.30 251.68 219.37 193.92 186.81 92
93 300.67 283.40 274.58 235.82 215.81 209.10 93
94 330.70 310.33 302.42 254.44 242.76 236.60 94
SCHEDULE D
----------
YEARLY RENEWABLE TERM REINSURANCE PREMIUMS
------------------------------------------
Special Universal Life Program, Non-Experience Rated Basis
Applicable to policies issued on the Flexiable Premium Variable Life plan.
Life Reinsurance: Century Life's Cost of Insurance (COI) rates are shown on
pages 2 and 3 of this section. The total life reinsurance premium on standard
cessions and on those substandard cessions with a percentage rating consists of
the correct percentage from the following table of the appropriate rate per
$1,000 applied to the amount at risk. Substandard premiums are direct
multiples of the standard life premium. On substandard cessions involving flat
extra premiums payable for more than five years, the reinsurance flat extra
premium is 20% of the reinsured portion of the gross flat extra premium charged
on the original policy in the first year and 75% in renewal years. When the flat
extra premium is payable for five years or less, the reinsurance flat extra
premium is 75% in all years. Reinsurance premiums on substandard risks will
revert to the standard risk basis on the policy anniversary on which the insured
attains age 65 or on the 20th policy anniversary, whichever is later.
YRT Rates Expressed as a
Percentage of Flexible Premium
Variable Life COI Rates
------------------------------
Type of Business Duration Non-Smoker Smoker
---------------- -------- ---------- ------
New Issues 1 -0- -0-
2+ 75% 86%
Exchanges All 83% 97%
Disability Waiver of Premium: In the first policy year the reinsurance premium
is zero. In renewal years the reinsurance premium equals 90% of the gross
disability premium charged on the original policy.
Accidental Death Benefit: In all policy years the rate is $.65 per thousand,
provided that the benefit for death by accidental means terminates no later than
the insured's attained insurance age 70.
Other Insured Rider: Premium rates for the Other Insured Rider will be
calculated the same as the base plan to which it is attached.
Automatic Increase Rider: Premium rates will be calculated based on the current
attained age of the insured and the duration since original issue of the policy
to which the rider is attached.
SCHEDULE D - SECTION IV, Page 1
VARIABLE UNIVERSAL LIFE COST OF INSURANCE RATES
ANNUAL RATES PER $1000
MALE FEMALE
=================================== ===================================
ATT -------CURRENT------- -------CURRENT------- ATT
AGE GUARANTEED STANDARD NONSMOKER GUARANTEED STANDARD NONSMOKER AGE
0 4.43 1.70 3.94 1.58 0
1 1.64 1.64 1.54 1.54 1
2 1.49 1.49 1.38 1.38 2
3 1.43 1.43 1.32 1.32 3
4 1.37 1.37 1.27 1.27 4
5 1.33 1.33 1.22 1.22 5
6 1.28 1.28 1.17 1.17 6
7 1.25 1.25 1.14 1.14 7
8 1.22 1.22 1.12 1.10 8
9 1.21 1.20 1.11 1.06 9
10 1.22 1.20 1.12 1.03 10
11 1.25 1.20 1.13 1.01 11
12 1.29 1.21 1.15 .99 12
13 1.36 1.23 1.19 .97 13
14 1.43 1.26 1.24 .96 14
15 1.50 1.30 1.29 .95 15
16 1.58 1.34 1.36 .95 16
17 1.65 1.37 1.43 .96 17
18 1.72 1.37 1.50 .97 18
19 1.76 1.37 1.58 .98 19
20 1.81 1.37 1.37 1.65 1.00 1.00 20
21 1.84 1.37 1.37 1.72 1.01 1.01 21
22 1.87 1.37 1.37 1.76 1.03 1.03 22
23 1.90 1.37 1.37 1.81 1.05 1.05 23
24 1.92 1.37 1.37 1.84 1.07 1.07 24
25 1.95 1.39 1.37 1.87 1.11 1.10 25
26 1.98 1.45 1.38 1.90 1.15 1.13 26
27 2.01 1.54 1.40 1.92 1.24 1.20 27
28 2.05 1.64 1.43 1.95 1.33 1.28 28
29 2.10 1.75 1.47 1.98 1.43 1.36 29
30 2.16 1.86 1.53 2.01 1.53 1.42 30
31 2.22 1.97 1.59 2.05 1.62 1.47 31
32 2.29 2.08 1.65 2.10 1.72 1.53 32
33 2.36 2.19 1.71 2.16 1.81 1.58 33
34 2.45 2.30 1.77 2.22 1.92 1.64 34
35 2.58 2.41 1.83 2.29 2.03 1.69 35
36 2.72 2.52 1.89 2.36 2.14 1.75 36
37 2.90 2.63 1.95 2.45 2.25 1.81 37
38 3.13 2.74 2.01 2.58 2.38 1.86 38
39 3.39 2.88 2.07 2.72 2.52 1.92 39
40 3.68 3.10 2.19 2.90 2.70 2.03 40
41 4.00 3.39 2.33 3.13 2.92 2.18 41
42 4.35 3.74 2.56 3.39 3.18 2.37 42
43 4.72 4.13 2.79 3.68 3.46 2.58 43
44 5.13 4.56 3.04 4.00 3.74 2.81 44
45 5.59 4.99 3.29 4.35 4.00 3.05 45
46 6.09 5.44 3.54 4.72 4.24 3.28 46
47 6.65 5.92 3.80 5.13 4.46 3.51 47
48 7.27 6.42 4.08 5.59 4.67 3.65 48
49 7.96 6.93 4.37 6.09 4.90 3.80 49
VARIABLE UNIVERSAL LIFE COST OF INSURANCE RATES
ANNUAL RATES PER $1000
MALE FEMALE
=================================== ===================================
ATT -------CURRENT------- -------CURRENT------- ATT
AGE GUARANTEED STANDARD NONSMOKER GUARANTEED STANDARD NONSMOKER AGE
50 8.71 7.46 4.68 6.65 5.15 3.97 50
51 9.53 7.97 4.97 7.27 5.41 4.15 51
52 10.42 8.47 5.24 7.96 5.66 4.35 52
53 11.39 8.99 5.54 8.71 5.93 4.57 53
54 12.45 9.60 5.84 9.53 6.25 4.80 54
55 13.60 10.34 6.21 10.42 6.65 5.06 55
56 14.87 11.20 6.88 11.39 7.13 5.33 56
57 16.26 12.16 7.64 12.45 7.67 5.61 57
58 17.79 13.21 8.47 13.60 8.27 5.91 58
59 19.46 14.38 9.40 14.87 8.90 6.27 59
60 21.28 15.65 10.43 16.26 9.56 6.70 60
61 23.26 17.00 11.58 17.79 10.23 7.20 61
62 25.43 18.44 12.83 19.46 10.91 7.76 62
63 27.79 19.99 14.24 21.28 11.64 8.37 63
64 30.38 21.72 15.79 23.26 12.42 9.06 64
65 33.22 23.66 17.53 25.43 13.27 9.83 65
66 36.36 25.78 19.38 27.79 14.15 10.64 66
67 39.82 28.09 21.44 30.38 15.03 11.46 67
68 43.60 30.61 23.74 33.22 15.98 12.39 68
69 47.65 33.33 26.27 36.36 17.10 13.46 69
70 51.91 36.32 29.05 39.82 18.49 14.79 70
71 56.34 39.50 32.13 43.60 19.95 16.22 71
72 60.89 42.96 35.54 47.65 21.48 17.77 72
73 65.61 46.75 39.26 51.91 23.24 19.52 73
74 70.65 50.82 43.41 56.34 25.33 21.66 74
75 76.16 55.24 48.02 60.89 27.89 24.26 75
76 82.31 60.41 53.00 65.61 31.02 27.23 76
77 89.22 66.06 58.50 70.65 34.47 30.53 77
78 96.93 72.31 64.50 76.16 38.38 34.27 78
79 105.35 79.07 71.19 82.31 42.78 38.54 79
80 114.39 86.45 78.57 89.22 47.80 43.47 80
81 123.95 94.79 86.63 96.93 53.51 48.88 81
82 133.92 103.92 95.51 105.35 59.56 54.78 82
83 144.30 113.92 105.19 114.39 66.32 61.26 83
84 155.12 124.77 115.99 123.95 73.84 68.67 84
85 166.47 136.79 127.88 133.92 82.46 77.03 85
86 178.39 149.87 140.65 144.30 92.19 86.45 86
87 191.02 164.05 154.40 155.12 102.86 96.83 87
88 204.57 177.89 168.24 166.47 114.34 108.05 88
89 219.37 189.83 180.04 178.39 126.83 120.31 89
90 235.82 199.58 190.02 191.02 140.11 133.42 90
91 254.44 208.02 199.21 204.57 150.06 143.72 91
92 275.82 218.45 210.41 219.37 162.12 156.18 92
93 300.67 234.58 227.28 235.82 178.63 173.08 93
94 330.70 254.33 247.85 254.44 198.95 193.91 94
SCHEDULE D
----------
YEARLY RENEWABLE TERM REINSURANCE PREMIUMS
------------------------------------------
Special Universal Life Program, Non-Experience Rated Basis
Applicable to policies issued on the UniVers-ALL Life III plan.
Life Reinsurance: Century Life's Cost of Insurance (COI) rates are shown on
pages 2 through 5 of this section. The total life reinsurance premium on
standard cessions and on those substandard cessions with a percentage rating
consists of the correct percentage from the following table of the appropriate
rate per $1,000 applied to the amount at risk. Substandard premiums are direct
multiples of the standard life premium. On substandard cessions involving flat
extra premiums payable for more than five years, the reinsurance flat extra
premium is 20% of the reinsured portion of the gross flat extra premium charged
on the original policy in the first year and 75% in renewal years. When the flat
extra premium is payable for five years or less, the reinsurance flat extra
premium is 75% in all years. Reinsurance premiums on substandard risks will
revert to the standard risk basis on the policy anniversary on which the insured
attains age 65 or on the 20th policy anniversary, whichever is later.
YRT Rates Expressed as a
Percentage of UniVers-ALL II
Current COI Rates
----------------------------
Type of Business Duration Non-Smoker Smoker
---------------- -------- ---------- ------
New Issues 1 -0- -0-
2+ 71% 74%
Exchanges All 81% 83%
Disability Waiver of Premium: In the first policy year the reinsurance premium
is zero. In renewal years the reinsurance premium equals 90% of the gross
disability premium charged on the original policy.
Accidental Death Benefit: In all policy years the rate is $.65 per thousand,
provided that the benefit for death by accidental means terminates no later than
the insured's attained insurance age 70.
Other Insured Rider: Premium rates for the Other Insured Rider will be
calculated the same as the base plan to which it is attached.
Automatic Increase Rider: Premium rates will be calculated based on the current
attained age of the insured and the duration since original issue of the policy
to which the rider is attached.
SCHEDULE D - SECTION V, Page 1
-III RATES - MALE
GUAR CURRENT TERM COST PER 1000 CHARGE
TERM STANDARD NONSMOKER (1-10)
AGE COST 1-10 11+ 1-10 11+ STD NS AGE
=== ====== ====== ======= ====== ====== ====== ======= ===
0 4.64 1.22 .00 0
1 1.64 1.20 .00 1
2 1.49 1.18 .00 2
3 1.43 1.17 .00 3
4 1.37 1.15 .00 4
5 1.33 1.13 .00 5
6 1.28 1.12 .00 6
7 1.25 1.11 .00 7
8 1.22 1.10 .00 8
9 1.21 1.10 .00 9
10 1.22 1.12 .76 .00 10
11 1.25 1.15 .76 .00 11
12 1.29 1.19 .77 .00 12
13 1.36 1.26 .77 .00 13
14 1.43 1.34 .78 .00 14
15 1.50 1.43 .78 .00 15
16 1.58 1.49 .79 .00 16
17 1.65 1.55 .79 .00 17
18 1.72 1.60 .80 .00 18
19 1.76 1.63 .80 .00 19
20 1.81 1.67 .81 1.67 .81 .00 .00 20
21 1.84 1.70 .90 1.69 .82 .10 .00 21
22 1.87 1.73 .99 1.71 .83 .21 .00 22
23 1.90 1.76 1.07 1.73 .84 .34 .00 23
24 1.92 1.78 1.16 1.74 .85 .48 .00 24
25 1.95 1.81 1.25 1.76 .86 .60 .00 25
26 1.98 1.84 1.32 1.79 .68 .68 .00 26
27 2.01 1.87 1.39 1.83 .88 .76 .00 27
28 2.05 1.91 1.47 1.86 .89 .83 .00 28
29 2.10 1.95 1.55 1.90 .90 .90 .00 29
30 2.16 2.01 1.65 1.95 .91 .95 .00 30
31 2.22 2.06 1.69 1.99 .92 .99 .00 31
32 2.29 2.13 1.72 2.04 .93 1.01 .00 32
33 2.36 2.19 1.77 2.09 .94 1.02 .00 33
34 2.45 2.28 1.84 2.14 .95 1.03 .00 34
35 2.58 2.40 1.93 2.19 .96 1.05 .00 35
36 2.72 2.52 2.04 2.23 .97 1.06 .00 36
37 2.90 2.69 2.18 3.30 .99 1.07 .00 37
38 3.13 2.89 2.34 2.40 1.02 1.09 .00 38
39 3.39 3.13 2.53 2.51 1.07 1.10 .00 39
40 3.68 3.39 2.74 2.63 1.14 1.10 .00 40
41 4.00 3.67 3.03 2.78 1.24 1.10 .00 41
42 4.35 3.98 3.37 2.95 1.38 1.10 .00 42
43 4.72 4.31 3.72 3.12 1.51 1.10 .00 43
44 5.13 4.68 4.12 3.30 1.66 1.10 .00 44
45 5.59 5.09 4.58 3.50 1.83 1.10 .00 45
46 6.09 5.53 5.05 3.76 2.02 1.10 .00 46
47 6.65 6.02 5.59 4.03 2.25 1.10 .00 47
48 7.27 6.57 6.17 4.34 2.50 1.10 .00 48
49 7.96 7.18 6.81 4.67 2.76 1.10 .00 49
SCHEDULE D - SECTION V, Page 2
GUAR CURRENT TERM COST PER 1000 CHARGE
TERM STANDARD NONSMOKER (1-10)
AGE COST 1-10 11+ 1-10 11+ STD NS AGE
=== ====== ====== ====== ====== ====== ====== ======= ===
50 8.71 7.84 7.50 5.03 3.06 1.10 .00 50
51 9.53 8.54 8.25 5.33 3.42 1.10 .00 51
52 10.42 9.29 9.08 5.65 3.82 1.10 .00 52
53 11.39 10.11 9.97 5.98 4.26 1.10 .00 53
54 12.45 11.01 10.93 6.33 4.75 1.10 .00 54
55 13.60 11.94 11.94 6.68 5.31 1.10 .00 55
56 14.87 13.00 13.00 7.24 5.95 1.10 .00 56
57 16.26 14.09 14.09 7.85 6.68 1.10 .00 57
58 17.79 15.25 15.25 8.52 7.48 1.10 .00 58
59 19.46 16.51 16.51 9.26 8.39 1.10 .00 59
60 21.28 17.88 17.88 10.05 9.41 1.10 .00 60
61 23.26 19.40 19.40 11.02 10.48 1.10 .00 61
62 25.43 21.06 21.06 12.08 11.65 1.10 .00 62
63 27.79 22.88 22.88 13.25 12.97 1.10 .00 63
64 30.38 24.86 24.86 14.53 14.43 1.10 .00 64
65 33.22 26.99 26.99 16.07 16.07 1.10 .00 65
66 36.36 29.30 29.30 17.83 17.83 1.10 .00 66
67 39.82 31.81 31.81 19.80 19.80 1.10 .00 67
68 43.60 34.52 34.52 22.00 22.00 1.10 .00 68
69 47.65 37.46 37.46 24.43 24.43 1.10 .00 69
70 51.91 40.66 40.66 27.11 27.11 1.10 .00 70
71 56.34 44.11 44.11 30.05 30.05 1.10 .00 71
72 60.89 47.84 47.84 33.31 33.31 1.10 .00 72
73 65.61 51.89 51.89 36.88 36.88 1.10 .00 73
74 70.65 56.29 56.29 40.86 40.86 1.10 .00 74
75 76.16 61.14 61.14 45.29 45.29 1.10 .00 75
76 82.31 66.51* 66.51 50.09* 50.09 76
77 89.22 72.43* 72.43 55.40* 55.40 77
78 96.93 78.91* 78.91 61.20* 61.20 78
79 105.35 85.98* 85.98 67.69* 67.69 79
80 114.39 93.56* 93.56 74.85* 74.85 80
81 123.95 10.72* 101.72 82.68* 82.68 81
82 133.92 110.49* 110.49 91.31* 91.31 82
83 144.30 119.97* 119.97 100.74* 100.74 83
84 155.12 130.22* 130.22 111.27* 111.27 84
85 166.47 141.33 122.90 85
86 178.39 152.88 135.44 86
87 191.02 165.09 148.99 87
88 204.57 176.76 162.68 88
89 219.37 186.25 174.45 89
90 235.82 193.72 184.50 90
91 254.44 200.54 193.54 91
92 275.82 209.67 204.53 92
93 300.67 224.30 221.06 93
94 330.70 242.88 241.21 94
* FOR RENEWAL ONLY
SCHEDULE D - SECTION V, Page 3
-III RATES - FEMALE
GUAR CURRENT TERM COST PER 1000 CHARGE
TERM STANDARD NONSMOKER (1-10)
AGE COST 1-10 11+ 1-10 11+ STD NS AGE
=== ====== ====== ======= ====== ====== ====== ======= ===
0 3.94 1.02 .00 0
1 1.54 1.00 .00 1
2. 1.38 .99 .00 2
3 1.32 .98 .00 3
4 1.27 .97 .00 4
5 1.22 .96 .00 5
6 1.17 .93 .00 6
7 1.14 .91 .00 7
8 1.12 .90 .00 8
9 1.11 .89 .00 9
10 1.12 .90 .45 .00 10
11 1.13 .92 .45 .00 11
12 1.15 .94 .46 .00 12
13 1.19 .98 .46 .00 13
14 1.24 1.03 .47 .00 14
15 1.29 1.07 .47 .00 15
16 1.36 1.12 .48 .00 16
17 1.43 1.17 .48 .00 17
18 1.50 1.22 .49 .00 18
19 1.58 1.28 .49 .00 19
20 1.65 1.33 .50 1.33 .50 .00 .00 20
21 1.72 1.38 .52 1.37 .50 .03 .00 21
22 1.76 1.42 .54 1.40 .51 .06 .00 22
23 1.81 1.46 .57 1.44 .51 .09 .00 23
24 1.84 1.49 .60 1.46 .52 .12 .00 24
25 1.87 1.52 .63 1.48 .52 .15 .00 25
26 1.90 1.57 .66 1.50 .53 .19 .00 26
27 1.92 1.61 .70 1.52 .53 .23 .00 27
28 1.95 1.66 .75 1.55 .54 .27 .00 28
29 1.98 1.71 .79 1.57 .54 .31 .00 29
30 2.01 1.75 .83 1.60 .55 .35 .00 30
31 2.05 1.79 .88 1.65 .56 .41 .00 31
32 2.10 1.84 .96 1.70 .58 .47 .00 32
33 2.16 1.91 1.05 1.77 .62 .53 .00 33
34 2.22 1.97 1.13 1.84 .66 .59 .00 34
35 2.29 2.04 1.22 1.91 .70 .65 .00 35
36 2.36 2.11 1.32 1.98 .75 .68 .00 36
37 2.45 2.20 1.42 2.07 .79 .71 .00 37
38 2.58 2.33 1.54 2.19 .85 .74 .00 38
39 2.72 2.46 1.69 2.32 .92 .77 .00 39
40 2.90 2.64 1.88 2.49 1.02 .80 .00 40
41 3.13 2.85 2.11 2.64 1.14 .80 .00 41
42 3.39 3.10 2.40 2.81 1.28 80 .00 42
43 3.68 3.37 2.70 3.00 1.43 .80 .00 43
44 4.00 3.67 3.04 3.21 1.61 .80 .00 44
45 4.35 4.00 3.36 3.43 1.77 .80 .00 45
46 4.72 4.32 3.69 3.61 1.95 .80 .00 46
47 5.13 4.68 4.04 3.79 2.13 .80 .00 47
48 5.59 5.08 4.34 3.99 2.30 .80 .00 48
49 6.09 5.51 4.68 4.20 2.50 .80 .00 49
SCHEDULE D - SECTION V, Page 4
GUAR CURRENT TERM COST PER 1000 CHARGE
TERM STANDARD NONSMOKER (1-10)
AGE COST 1-10 11+ 1-10 11+ STD NS AGE
=== ====== ====== ====== ====== ====== ====== ======= ===
50 6.65 5.99 5.04 4.43 2.71 .80 .00 50
51 7.27 6.35 5.38 4.71 2.92 .80 .00 51
52 7.96 6.75 5.70 5.01 3.12 .80 .00 52
53 8.71 7.16 6.05 5.33 3.35 .80 .00 53
54 9.53 7.59 6.43 5.66 3.61 .80 .00 54
55 10.42 8.02 6.91 6.01 3.92 .80 .00 55
56 11.39 8.41 7.41 6.25 4.26 .80 .00 56
57 12.45 8.79 7.99 6.49 4.65 .80 .00 57
58 13.60 9.17 8.59 6.73 5.07 .80 .00 58
59 14.87 9.55 9.26 6.95 5.53 .80 .00 59
60 16.26 9.97 9.97 7.16 6.04 .80 .00 60
61 17.79 10.74 10.74 7.59 6.60 .80 .00 61
62 19.46 11.53 11.53 8.03 7.20 .80 .00 62
63 21.28 12.40 12.40 8.48 7.85 .80 .00 63
64 23.26 13.30 13.30 8.97 8.56 .80 .00 64
65 25.43 14.29 14.29 9.40 9.34 .80 .00 65
66 27.79 15.24 15.24 10.18 10.13 .80 .00 66
67 30.38 16.16 16.16 10.98 10.94 .80 .00 67
68 33.22 17.17 17.17 11.86 11.84 .80 .00 68
69 36.36 18.33 18.33 12.88 12.87 .80 .00 69
70 39.82 19.80 19.80 14.14 14.14 .80 .00 70
71 43.60 21.42 21.42 15.54 15.54 .80 .00 71
72 47.65 23.12 23.12 17.02 17.02 .80 .00 72
73 51.91 25.07 25.07 18.73 18.73 .80 .00 73
74 56.34 27.42 27.42 20.78 20.78 .80 .00 74
75 60.89 30.27 30.27 23.28 23.28 .80 .00 75
76 65.61 33.49* 33.49 26.16* 26.16 76
77 70.65 36.99* 36.99 29.37* 29.37 77
78 76.16 40.89* 40.89 32.99* 32.99 78
79 82.31 45.28* 45.28 37.14* 37.14 79
80 89.22 50.30* 50.30 41.91* 41.91 80
81 96.93 55.75* 55.75 47.20* 47.20 81
82 105.35 61.50* 61.50 52.91* 52.91 82
83 114.39 67.79* 67.79 59.25* 59.25 83
84 123.95 74.82* 74.82 66.42* 66.42 84
85 133.92 82.80 74.60 85
86 144.30 91.70 83.81 86
87 155.12 101.31 93.89 87
88 166.47 111.68 104.88 88
89 178.39 122.82 116.78 89
90 191.02 134.79 129.61 90
91 204.57 144.15 139.68 91
92 219.37 155.35 151.71 92
93 235.82 170.91 168.22 93
94 254.44 189.86 188.36 94
* FOR RENEWAL ONLY
SCHEDULE D - SECTION V, Page 5
SINGLE EXTRA PAYMENTS FOR REINSURANCE CESSIONS OF OPTED INSURANCE
-----------------------------------------------------------------
The tables of single extra payments shown on the following page of this schedule
apply to reinsurance cessions of opted life insurance which is issued under a
guaranteed purchase option or guaranteed insurability rider.
When other than basic life coverage is provided under either an original or
opted policy the single extra payment for the reinsurance cession covering the
opted policy will be determined as follows:
1. If the disability waiver of premium and/or accidental death benefit is
included in the opted policy on the basis of current evidence of
insurability, no additional charge will be made for the benefit and/or
benefits in determining the single extra payment.
2. If the original policy includes the disability waiver of premium benefit
and provides that the benefit may be included in the opted policy without
current evidence of insurability for covering disabilities incurred
subsequent to the option date, an additional 10% of the basic life single
payment will be payable on the amount of the benefit reinsured under the
new cession.
If premiums are waivable on the opted policy immediately at issue because
the insured is disabled on the option date, the additional charge will be
increased to 50%.
3. If the original policy includes the accidental death benefit and provides
that the benefit may be included in the opted policy without current
evidence of insurability, an additional 5% of the basic life single
payment will be payable on the amount of the benefit reinsured under the
new cession.
4. If the original policy provides free term coverage for a period of no more
than 90 days following marriage or birth of a child, an additional 2% of
the basic life single payment will be payable on each new cession of an
opted policy, regardless of whether or not the opted policy is the result
of exercise of an option available at marriage or birth of a child.
If the free term coverage is extended to all scheduled option dates, but
exercise of an option available at marriage or at birth of a child cancels
the next succeeding scheduled option date, the additional charge will be
increased to 10%.
If the free term coverage is extended to all scheduled option dates in
addition to those available at marriage or birth of a child, the
additional charge will be increased to 12%.
SCHEDULE E, Page 1
SINGLE EXTRA PAYMENTS PER $1,000 REINSURANCE OF OPTED LIFE INSURANCE
--------------------------------------------------------------------
Original Opted Policy Issue Age Original
Policy ---------------------------------------------------------------------------------------- Policy
Issue Age 20 21 22 23 24 25 26 27 28 29 30 31 32 Issue Age
--------- -- -- -- -- -- -- -- -- -- -- -- -- -- ---------
0-5 3.48 3.95 4.22 4.37 4.40 4.44 4.49 4.59 4.77 5.06 5.25 5.48 5.69 0-5
6 3.45 3.95 4.22 4.37 4.40 4.44 4.49 4.59 4.77 5.06 5.25 5.48 5.69 6
7 3.44 3.93 4.22 4.37 4.40 4.44 4.49 4.59 4.77 5.06 5.25 5.48 5.69 7
8 3.41 3.90 4.20 4.37 4.40 4.44 4.49 4.59 4.77 5.06 5.25 5.48 5.69 8
9 3.30 3.86 4.17 4.35 4.40 4.44 4.49 4.59 4.77 5.06 5.25 5.48 5.69 9
10 3.24 3.80 4.13 4.32 4.38 4.44 4.49 4.59 4.77 5.06 5.25 5.48 5.69 10
11 3.15 3.74 4.08 4.28 4.35 4.43 4.49 4.59 4.77 5.06 5.25 5.48 5.69 11
12 3.06 3.66 4.01 4.23 4.31 4.40 4.49 4.59 4.77 5.06 5.25 5.48 5.69 12
13 2.88 3.51 3.90 4.14 4.25 4.35 4.44 4.56 4.77 5.06 5.25 5.48 5.69 13
14 2.84 3.47 3.87 4.10 4.20 4.29 4.38 4.52 4.74 5.06 5.25 5.48 5.69 14
15 2.78 3.41 3.80 4.05 4.16 4.28 4.37 4.52 4.73 5.04 5.25 5.48 5.69 15
16 2.69 3.33 3.74 3.99 4.10 4.20 4.31 4.46 4.70 5.01 5.25 5.48 5.69 16
17 2.54 3.20 3.62 3.27 3.99 4.11 4.23 4.40 4.64 4.97 5.22 5.48 5.69 17
18 1.86 2.60 3.09 3.44 3.63 3.81 3.98 4.20 4.49 4.85 5.13 5.43 5.67 18
19 1.14 1.97 2.57 2.99 3.27 3.53 3.75 4.02 4.34 4.74 5.06 5.37 5.66 19
20 - .93 1.62 2.18 2.60 2.99 3.35 3.72 4.13 4.61 4.97 5.31 5.61 20
21 - - .83 1.49 2.01 2.49 2.96 3.41 3.90 4.43 4.86 5.24 5.55 21
22 - - - .74 1.34 1.91 2.43 2.97 3.56 4.16 4.65 5.09 5.43 22
23 - - - - .68 1.34 1.97 2.60 3.24 3.92 4.46 4.92 5.31 23
24 - - - - - .75 1.46 2.18 2.90 3.63 4.22 4.73 5.12 24
25 - - - - - - .80 1.59 2.42 3.24 3.89 4.46 4.91 25
26 - - - - - - - .90 1.82 2.73 3.47 4.11 4.62 26
27 - - - - - - - - 1.02 2.03 2.88 3.62 4.20 27
28 - - - - - - - - - 1.13 2.09 2.91 3.59 28
29 - - - - - - - - - - 1.08 2.03 2.82 29
30 - - - - - - - - - - - 1.08 2.00 30
31 - - - - - - - - - - - - 1.05 31
SINGLE EXTRA PAYMENTS PER $1,000 REINSURANCE OF OPTED LIFE INSURANCE
--------------------------------------------------------------------
Original Opted Policy Issue Age Original
Policy ---------------------------------------------------------------------------------------- Policy
Issue Age 33 34 35 36 37 38 39 40 41 42 43 44 45 Issue Age
--------- -- -- -- -- -- -- -- -- -- -- -- -- -- ---------
0-18 6.02 6.45 7.35 8.52 10.13 12.20 14.60 17.45 20.69 24.26 28.11 32.58 37.64 0-18
19 6.00 6.45 7.35 8.52 10.13 12.20 14.60 17.45 20.69 24.26 28.11 32.58 37.64 19
20 5.97 6.45 7.35 8.52 10.13 12.20 14.60 17.45 20.69 24.26 28.11 32.58 37.64 20
21 5.93 6.41 3.34 8.52 10.13 12.20 14.60 17.45 20.69 24.26 28.11 32.58 37.64 21
22 5.81 6.30 7.26 8.46 10.13 12.20 14.60 17.45 20.69 24.26 28.11 32.58 37.64 22
23 5.72 6.21 7.17 8.40 10.08 12.20 14.60 17.45 20.69 24.26 28.11 32.58 37.64 23
24 5.55 6.08 7.04 8.28 9.99 12.14 14.60 17.45 20.69 24.26 28.11 32.58 37.64 24
25 5.37 5.93 6.89 8.15 9.86 12.03 14.54 17.45 20.69 24.26 28.11 32.58 37.64 25
26 5.13 5.72 6.72 7.98 9.72 11.93 14.45 17.39 20.69 24.26 28.11 32.58 37.64 26
27 4.79 5.43 6.50 7.80 9.59 11.81 14.36 17.31 20.64 24.26 28.11 32.58 37.64 27
28 4.25 4.97 6.08 7.43 9.24 11.54 14.15 17.16 20.55 24.23 28.11 32.58 37.64 28
29 3.59 4.38 5.58 6.99 8.85 11.16 13.82 16.91 20.36 24.09 28.04 32.58 37.64 29
30 2.87 3.77 5.06 6.54 8.46 10.80 13.49 16.59 20.10 23.90 27.90 32.51 37.64 30
31 2.07 3.11 4.49 6.08 8.06 10.47 13.20 16.34 19.86 23.67 27.72 32.37 37.57 31
32 1.16 2.31 3.83 5.52 7.64 10.14 12.95 16.13 19.68 23.51 27.57 32.22 37.45 32
33 - 1.31 2.96 4.79 6.98 9.57 12.44 15.69 19.31 23.21 23.33 32.06 37.33 33
34 - - 1.79 3.75 6.06 8.76 11.70 15.02 18.68 22.62 26.81 31.59 36.97 34
35 - - - 2.09 4.53 7.32 10.37 13.76 17.49 21.51 25.74 30.60 36.05 35
36 - - - - 2.57 5.49 8.64 12.14 15.95 20.04 24.35 29.27 34.79 36
37 - - - - - 3.06 6.33 9.95 13.85 18.02 22.38 27.38 32.96 37
38 - - - - - - 3.41 7.13 11.12 15.36 19.79 24.84 30.50 38
39 - - - - - - - 3.87 8.00 12.33 16.86 21.99 27.71 39
40 - - - - - - - - 4.29 8.78 13.40 18.62 24.41 40
41 - - - - - - - - - 4.65 9.42 14.78 20.68 41
42 - - - - - - - - - - 4.97 10.44 16.47 42
43 - - - - - - - - - - - 5.69 11.68 43
44 - - - - - - - - - - - - 6.41 44
SCHEDULE E, Page 2
SINGLE EXTRA PAYMENTS PER $1,000 REINSURANCE OF OPTED LIFE INSURANCE
--------------------------------------------------------------------
Original Opted Policy Issue Age Original
Policy ------------------------------------------------------------------------------- Policy
Issue Age 46 47 48 49 50 51 52 53 54 55 Issue Age
--------- -- -- -- -- -- -- -- -- -- -- ---------
0-31 43.54 50.28 57.64 65.60 74.02 82.85 91.17 98.83 105.82 112.51 0-31
32 43.48 50.28 57.64 65.60 74.02 82.85 91.17 98.83 105.82 112.51 32
33 43.39 50.24 57.64 65.60 74.02 82.85 91.17 98.83 105.82 112.51 33
34 43.13 50.06 57.55 65.60 74.02 82.85 91.17 98.83 105.82 112.51 34
35 42.32 49.39 57.05 65.31 74.02 82.85 91.17 98.83 105.82 112.51 35
36 41.13 48.31 56.13 64.60 73.60 82.85 91.17 98.83 105.82 112.51 36
37 39.38 46.65 54.62 63.31 72.62 81.00 91.17 98.83 105.82 112.51 37
38 37.03 44.41 52.51 61.38 70.95 79.16 89.11 98.83 105.82 112.51 38
39 34.30 41.77 49.97 58.99 68.75 77.31 87.05 96.66 105.82 112.51 39
40 31.06 38.61 46.91 56.06 65.99 75.48 84.98 94.49 103.49 112.51 40
41 27.44 35.09 43.50 52.78 62.87 73.64 82.94 92.32 101.18 109.98 41
42 23.33 31.07 39.58 48.97 59.20 68.90 80.87 90.15 99.82 107.44 42
43 18.89 26.76 35.41 44.95 55.34 64.16 77.69 87.96 96.48 104.90 43
44 13.58 21.61 30.40 40.07 50.63 59.42 65.81 82.39 94.18 102.37 44
45 7.40 15.61 24.54 34.36 45.09 54.68 65.39 76.82 87.17 99.83 45
46 - 8.42 17.53 27.50 38.31 49.92 61.71 71.24 80.55 91.83 46
47 - - 9.31 19.44 30.39 42.12 53.02 67.12 73.57 83.83 47
48 - - - 10.31 21.40 33.23 44.29 56.03 68.37 75.84 48
49 - - - - 11.28 23.21 35.04 46.42 57.96 69.27 49
50 - - - - - 12.12 23.27 36.82 48.36 59.83 50
51 - - - - - - 13.04 23.81 36.85 48.50 51
52 - - - - - - - 12.86 24.42 36.92 52
53 - - - - - - - - 12.65 25.04 53
54 - - - - - - - - - 12.93 54
SINGLE EXTRA PAYMENTS PER $1,000 REINSURANCE OF OPTED LIFE INSURANCE
--------------------------------------------------------------------
Original Opted Policy Issue Age Original
Policy ------------------------------------------------------------------------------- Policy
Issue Age 56 57 58 59 60 61 62 63 64 65 Issue Age
--------- -- -- -- -- -- -- -- -- -- -- ---------
0-41 119.02 125.16 130.34 135.58 139.37 142.59 144.81 146.97 149.77 152.05 0-41
42 116.18 125.16 130.34 135.58 139.37 142.59 144.81 146.97 149.77 152.05 42
43 113.33 121.89 130.34 135.58 139.37 142.59 144.81 146.97 149.77 152.05 43
44 110.48 118.62 126.54 135.58 139.37 142.59 144.81 146.97 149.77 152.05 44
45 107.63 115.35 122.74 131.14 139.37 142.59 144.81 146.97 149.77 152.05 45
46 104.77 112.08 118.94 126.71 134.27 142.59 144.81 146.97 149.77 152.05 46
47 96.40 108.81 115.13 122.28 129.16 137.08 144.81 146.97 149.77 152.05 47
48 88.03 100.08 111.30 117.84 124.06 132.05 139.79 146.97 149.77 152.05 48
49 79.66 91.36 101.26 113.42 118.95 126.98 134.78 140.21 149.77 152.05 49
50 71.27 82.62 91.22 102.65 113.70 119.51 129.77 134.18 142.45 152.05 50
51 60.30 71.96 81.46 93.10 104.52 113.81 121.84 132.51 137.76 146.79 51
52 48.40 60.92 71.31 83.38 94.74 104.79 113.91 124.87 134.06 141.34 52
53 37.40 49.62 60.79 73.28 84.63 95.32 105.07 116.38 127.35 135.59 53
54 25.71 38.11 50.00 61.50 74.43 85.70 96.09 108.87 120.13 130.05 54
55 13.31 26.14 38.93 51.46 63.68 75.59 86.96 99.40 112.66 124.29 55
56 - 13.71 26.57 39.38 51.81 64.86 76.92 89.47 102.69 116.47 56
57 - - 13.-8 27.00 39.65 52.78 66.08 78.82 91.92 106.02 57
58 - - - 14.16 27.19 40.19 53.65 66.95 80.70 94.56 58
59 - - - - 13.74 27.40 40.78 54.62 67.84 82.59 59
60 - - - - - 14.22 27.59 40.86 55.58 70.19 60
61 - - - - - - 14.21 29.15 43.05 57.93 61
62 - - - - - - - 14.84 30.71 45.76 62
63 - - - - - - - - 17.01 33.15 63
64 - - - - - - - - - 17.39 64
SCHEDULE E, Page 3
