Common use of FLAT EXTRA ALLOWANCES Clause in Contracts

FLAT EXTRA ALLOWANCES. The flat extra premium paid to the Reinsurer will be the annual flat extra rate which the Ceding Company charges the insured less the allowances below times the Reinsured Net Amount at Risk.

Appears in 2 contracts

Sources: Reinsurance Agreement (Hartford Life & Annuity Ins Co Separate Acount Vlii), Reinsurance Agreement (Hartford Life & Annuity Insurance Co Sep Account Vl I)