AMENDMENT to the AUTOMATIC AND FACULTATIVE YRT AGREEMENT (the “Agreement”) between MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY, (hereinafter the “Ceding Company”) and MUNICH AMERICAN REASSURANCE COMPANY (hereinafter the “Reinsurer”) Original Effective...
Item 26. Exhibit (g) iii.
AMENDMENT to the
AUTOMATIC AND FACULTATIVE YRT AGREEMENT
(the “Agreement”)
between
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY,
MML BAY STATE LIFE INSURANCE COMPANY, and
C.M. LIFE INSURANCE COMPANY
(hereinafter the “Ceding Company”)
and
MUNICH AMERICAN REASSURANCE COMPANY
(hereinafter the “Reinsurer”)
Original Effective Date: April 1, 2005
Coverage: Strategic Edge Group Universal Life (GUL) with or without the variable rider
(GVUL) Non-New York State
Reinsurer Treaty ID:
TAI Codes:
Effective June 1, 2014, (the “Amendment Effective Date”), the GVUL Underwriting Guidelines (referenced in Amendment # effective January 1, 2010) will be revised for as follows:
1. | On page of Amendment # , the grid shown below will be deleted; |
Coverage |
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[table deleted]
and will be replaced with the following:
Coverage |
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[table deleted]
2. | On page of Amendment # , the last paragraph shown below will be deleted; |
For both coverage, if the above requirements are met, .
[page break]
and will be replaced with the following:
For both coverage, if the above requirements are met, .
3. | On page of Amendment # , the section shown below will be deleted; |
.
When a .
and will be replaced with the following:
.
When a .
All terms and conditions of this Agreement not in conflict with the terms and conditions of this Amendment shall continue unchanged.
[SIGNATURE PAGE FOLLOWS]
[page break]
IN WITNESS WHEREOF, this Amendment is hereby executed in good faith by both parties:
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY | ||||||||||
By: | /s/ Xxxxx X Xxxxxx |
Date: | 7-10-14 | |||||||
Xxxxx X. Xxxxxx |
||||||||||
Vice President & Actuary |
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MML BAY STATE LIFE INSURANCE COMPANY | ||||||||||
By: | /s/ Xxxxx X Xxxxxx |
Date: | 7-10-14 | |||||||
Xxxxx X. Xxxxxx |
||||||||||
Vice President & Actuary |
||||||||||
C.M. LIFE INSURANCE COMPANY | ||||||||||
By: | /s/ Xxxxx X Xxxxxx |
Date: | 7-10-14 | |||||||
Xxxxx X. Xxxxxx |
||||||||||
Vice President & Actuary |
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MUNICH AMERICAN REASSURANCE COMPANY | ||||||||||
By: | /s/ Xxxx Xxxxxxxx |
Date: | 7/7/14 | |||||||
Print name: | Xxxx Xxxxxxxx |
|||||||||
Title: | AVP, Individual Life Marketing |
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MUNICH AMERICAN REASSURANCE COMPANY. | ||||||||||
By: | /s/ Xxxxxxx X Xxxx |
Date: | 7/7/14 | |||||||
Print name: | Xxxxxxx X Xxxx |
|||||||||
Title: | Associate General Counsel, Treaty |
AMENDMENT to the
AUTOMATIC AND FACULTATIVE YRT AGREEMENT
(the “Agreement”)
between
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY,
MML BAY STATE LIFE INSURANCE COMPANY, and
C.M. LIFE INSURANCE COMPANY
(hereinafter the “Ceding Company”)
and
MUNICH AMERICAN REASSURANCE COMPANY
(hereinafter the “Reinsurer”)
Original Effective Date: April 1, 2010
Coverage: Strategic Edge Group Universal Life (GUL) with or without the variable rider (GVUL) New York
State Business Only
Reinsurer Treaty ID:
TAI Codes:
Effective June 1, 2014, (the “Amendment Effective Date”), the GVUL Underwriting Guidelines in Schedule F of the Agreement will be revised for as follows:
1. | On page of the Agreement, the grid shown below will be deleted; |
Coverage |
||||
|
||||
|
[table deleted]
and will be replaced with the following:
Coverage |
||||
|
||||
|
[table deleted]
2. | On page of the Agreement, the paragraph shown below will be deleted; |
For both coverage, if the above requirements are met, .
[page break]
and will be replaced with the following:
For both coverage, if the above requirements are met, .
3. | On page of the Agreement, the last paragraph shown below will be deleted; |
.
When a .
and will be replaced with the following:
.
When a .
All terms and conditions of this Agreement not in conflict with the terms and conditions of this Amendment shall continue unchanged.
[SIGNATURE PAGE FOLLOWS]
[page break]
IN WITNESS WHEREOF, this Amendment is hereby executed in good faith by both parties:
MASSACHUSETTS MUTUAL LIFE INSURANCE COMPANY | ||||||||||
By: | /s/ Xxxxx X Xxxxxx |
Date: | 7-10-14 | |||||||
Xxxxx X. Xxxxxx |
||||||||||
Vice President & Actuary |
||||||||||
MML BAY STATE LIFE INSURANCE COMPANY | ||||||||||
By: | /s/ Xxxxx X Xxxxxx |
Date: | 7-10-14 | |||||||
Xxxxx X. Xxxxxx |
||||||||||
Vice President & Actuary |
||||||||||
C.M. LIFE INSURANCE COMPANY | ||||||||||
By: | /s/ Xxxxx X Xxxxxx |
Date: | 7-10-14 | |||||||
Xxxxx X. Xxxxxx |
||||||||||
Vice President & Actuary |
||||||||||
MUNICH AMERICAN REASSURANCE COMPANY | ||||||||||
By: | /s/ Xxxx Xxxxxxxx |
Date: | 7/7/14 | |||||||
Print name: | Xxxx Xxxxxxxx |
|||||||||
Title: | AVP, Individual Life Marketing |
|||||||||
MUNICH AMERICAN REASSURANCE COMPANY. | ||||||||||
By: | /s/ Xxxxxxx X Xxxx |
Date: | 7/7/14 | |||||||
Print name: | Xxxxxxx X Xxxx |
|||||||||
Title: | Associate General Counsel, Treaty |