Common use of Basic Premiums Clause in Contracts

Basic Premiums. The Company will pay to the Reinsurer a basic premium calculated by multiplying the net amount at risk of the Reinsured Policy, as defined in the Net Amounts At Risk provision of this Exhibit, by the appropriate rate from the set of rates included at the end of this Exhibit, subject to the allowances shown below. The Company will continue to pay the appropriate premium to the Reinsurer as long as the Reinsured Policy is in force. The Reinsurer will pay the following allowances to the Company on the premiums payable hereunder: 50 – 85 140% 23% 50 – 79 110% 9% 80 – 85 110% 5% Not applicable. The Terminal Illness Rider specified in Exhibit A will be reinsured at no additional cost to the Company. I486326US-14 (02-21-2014) (QT #06655US13)