GMIB. The GMIB retrocession premium (“GMIB Retrocession Premium”) is an asset-based premium rate, expressed in terms of basis points, as set forth in Exhibit II, and shall be calculated on an aggregate basis.
Appears in 3 contracts
Sources: Automatic Retrocession Agreement (Brighthouse Variable Annuity Account C), Automatic Retrocession Agreement (Brighthouse Separate Account A), Automatic Retrocession Agreement (Brighthouse Separate Account A)