0844-00-07
AMENDMENT
to the
FACULTATIVE AGREEMENT EFFECTIVE SEPTEMBER 1, 1991
between
CUNA MUTUAL LIFE INSURANCE COMPANY, WAVERLY, IOWA
(hereinafter called the "Ceding Company")
and
RGA REINSURANCE COMPANY, ST. LOUIS, MISSOURI
(hereinafter called the "Reinsurer")
THIS AMENDMENT IS EFFECTIVE JANUARY 1, 2000
This Amendment is made as of the 1st day of January, 2000 (the "Effective Date")
by and between the Ceding Company and the Reinsurer. The parties hereto desire
to amend the Agreement as hereinafter provided.
1. INCREASED RETENTION LIMITS
Exhibit A, Retention (effective October 1, 1992) is hereby revised and
replaced by the attached Exhibit A, Retention which shows that the
retention limit shall be increased.
II. All provisions of the Facultative Agreement not specifically modified
herein remain unchanged.
IN WITNESS WHEREOF, both parties have executed this Amendment in duplicate as
follow:
CUNA MUTUAL LIFE INSURANCE COMPANY
By: /s/ Xxxxxxx X. Xxxxx By: /s/ Xxxxxxx X. Xxxxx
----------------------------- ----------------------------
Title: VP, Life & Health Products Title: Assistant Secretary
--------------------------- --------------------------
Date: 9/12/01 Date: 9/12/01
---------------------------- --------------------------
RGA REINSURANCE COMPANY
By: /s/ Xxxxx Xxxxxx
------------------------------
Title: Vice President
---------------------------
Date: 7/26/01
----------------------------
EXHIBIT A - RETENTION SCHEDULE
EFFECTIVE JANUARY 1, 2000
LIFE
Issue Age Standard & Substandard Tables A-P
--------- ---------------------------------
0-69 $1,000,000
70+ $ 500,000
WAIVER OF PREMIUM DISABILITY
----------------------------
$1,000,000
ACCIDENTAL DEATH
----------------
$250,000
The above amounts shall be exceeded by as much as $15,000 to avoid reinsurance.
