Allowances on Flat Extras Sample Clauses

Allowances on Flat Extras. When a flat extra is payable for 5 years or less, an allowance of of the gross flat extra charged by the company will be made each year. When a flat premium is payable for more than 5 years, an allowance of of the gross flat extra will be charged by the Company will be made in the first year and an allowance of in each year thereafter.
Sample 1
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Allowances on Flat Extras. (a ) Temporary Flat Extras (Less Than Or Equal To 5 Years): 90% of the flat extras per $1,000 are added to the appropriate single life YRT rate (i.e., net of the 10% reinsurance allowance for temporary flat extras).
Sample 1
Allowances on Flat Extras. Temporary Flat Extras [*] of the flat extras per $1,000 are added to the appropriate single life reinsurance premium rate or if applicable, to the appropriate single life substandard reinsurance premium rate (i.e., net of the 10% reinsurance allowance for temporary flat extras). Permanent Flat Extras [*] of the flat extras per $1,000 are added to the appropriate single life reinsurance premium rate or if applicable, to the appropriate single life substandard reinsurance premium rate (i.e., net of the [*] reinsurance allowance for year 1). [*] of the flat extras per $1,000 are added to the appropriate single life reinsurance premium rate or if applicable, to the appropriate single life substandard reinsurance premium rate. (i.e. net of the [*] reinsurance allowance for years 2+). For survivorship policies, the flat extras, whether temporary or permanent, are applied before the Frasierization process.
Sample 1
Allowances on Flat Extras. Permanent Flat Extras or Temporary Flat Extras: [*] of the flat extras per $1,000 are added to the appropriate single life reinsurance premium rate or if applicable, to the appropriate single life substandard reinsurance premium rate (i.e., net of the [*] reinsurance allowance for temporary flat extras). For survivorship policies, the flat extras, whether temporary or permanent, are applied before the Frasierization process. EXHIBIT C
Sample 1
Allowances on Flat Extras. Temporary Flat Extras (Less Than or Equal To 5 Years): [*] of the flat extras per $1,000 are added to the appropriate single life reinsurance premium rate or if applicable, to the appropriate single life substandard reinsurance premium rate (i.e., net of the [*] reinsurance allowance for temporary flat extras). Table of Contents Permanent Flat Extras (Or Temporary Flat Extras Greater Than 5 Years): In year 1, [*] of the flat extras per $1,000 are added to the appropriate single life reinsurance premium rate or if applicable, to the appropriate single life substandard reinsurance premium rate (i.e. net of a [*] reinsurance allowance for year 1). In years 2+, [*] of the flat extras per $1,000 are added to the appropriate single life reinsurance premium rate or if applicable, to the appropriate single life substandard reinsurance premium rate. (i.e. net of a [*] reinsurance allowance for years 2+). For survivorship policies, the flat extras whether temporary or permanent, are applied before the frasierization process outlined in Section 3. below.
Sample 1
Allowances on Flat Extras. Temporary Flat Extras (Less Than or Equal to 5 Years): [*] of the flat extras per $1,000 are added to the appropriate single life YRT premium or if applicable, to the appropriate single life substandard YRT premium (i.e., net of the [*] reinsurance allowance for temporary flat extras). Permanent Flat Extras (Or Temporary Flat Extras Greater Than 5 Years): In year 1, [*] of the flat extras per $1,000 are added to the appropriate single life YRT premium or if applicable, to the appropriate single life substandard YRT premium (i.e., net of a [*] reinsurance allowance for year 1). In years 2+, [*] of the flat extras per $1,000 are added to the appropriate single life YRT premium or if applicable, to the appropriate single life substandard YRT premium. (i.e. net of a [*] allowance for years 2+). For survivorship policies, the flat extras, whether temporary or permanent, are applied before the Frasierization process. EXHIBIT C
Sample 1
Allowances on Flat Extras. Temporary Flat Extras (Less Than or Equal to 5 Years): [*] of the flat extras per $1,000 are added to the appropriate single life YRT premium or if applicable, to the appropriate single life substandard YRT premium (i.e., net of the [*] reinsurance allowance for temporary flat extras). Permanent Flat Extras (Or Temporary Flat Extras Greater Than 5 Years): In year 1, [*] of the flat extras per $1,000 are added to the appropriate single life YRT premium or if applicable, to the appropriate single life substandard YRT premium (i.e., net of a [*] reinsurance allowance for year 1). Xxxx Xxxxxxx’x Reinsurance Agreement No: MH19C07 Reinsurer Agreement No: 4461 MARC 4461 JH MH19C07 09012019 – Execution Version EXHIBIT C In years 2+, [*] of the flat extras per $1,000 are added to the appropriate single life YRT premium or if applicable, to the appropriate single life substandard YRT premium. (i.e., net of the [*] reinsurance allowance for years 2+). For survivorship policies, the flat extras, whether temporary or permanent, are applied before the Frasierization process.
Sample 1
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Related to Allowances on Flat Extras

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