Cash Value Plans. The reinsurance benefit at each policy duration shall equal the difference between the face amount of death benefit reinsured and the terminal reserve for the amount reinsured based on the 1958 CSO Mortality Table using a 3% interest rate, curtate functions and the Commissioners Reserve Valuation Method. Cologne may interpolate or use reasonable approximations for the plan of insurance, etc.
Appears in 3 contracts
Samples: Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii), Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii), Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii)
Cash Value Plans. The reinsurance Reinsurance benefit at each policy duration shall equal the difference between the face amount of death benefit reinsured and the terminal reserve for the amount reinsured based on the 1958 1980 CSO Mortality Table using a 34 1/2% interest rate, curtate functions functions, and the Commissioners Reserve Valuation Method. Cologne may interpolate or use reasonable approximations for the plan of insurance, etc.
Appears in 1 contract
Samples: Reinsurance Agreement (Vel Ii Account of Allmerica Financial Life Ins & Ann Co)
