Exhibit (g)(7)
AMENDMENT TO AUTOMATIC YRT AGREEMENT
("AMENDMENT")
Reference is made to the Automatic YRT Reinsurance Agreement, dated effective
August 18, 2003 and identified as Treaty Number 3092 (herein the "Agreement"),
by and between IDS Life Insurance Company of New York and [name of reinsurance
carrier], under which reinsurance is provided for policies issued on the "VUL
IV" 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.I 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 OF NEW YORK MUNICH AMERICAN REASSURANCE COMPANY
By: 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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