Common use of Contractual Increases Clause in Contracts

Contractual Increases. For Policies reinsured on an automatic basis, reinsurance of increases in amount resulting from contractual policy provisions, including Policies with increasing net amount at risk, if any, will be accepted only up to Munich Re, U.S. (Life)’s proportionate share of the Automatic Binding Limits shown in Exhibit B. Treaty #4345 Munich American Reassurance Company P a g e | 13 For Policies reinsured on a facultative basis, reinsurance will be limited to the ultimate amount shown in Munich Re, U.S. (Life)’s facultative offer. Reinsurance premiums for contractual increases will be on a point-in-scale basis from the original issue age of the policy.