GUARANTEED MINIMUM DEATH BENEFIT. 1. The indemnity cession shall be the share of the MNAR (defined in Article IV) that is generated, prior to the termination of the Reinsurer's liability (defined in Article II), by the Guaranteed Minimum Death Benefit ("GMDB").
Appears in 2 contracts
Samples: Automatic Reinsurance Agreement (Metlife of Ct Separate Account Eleven for Variable Annuities), Automatic Reinsurance Agreement (Metlife of Ct Separate Account Eleven for Variable Annuities)
GUARANTEED MINIMUM DEATH BENEFIT. 1. The indemnity cession shall be the share of the MNAR (defined in Article IV) that is generated, prior to the termination of the Reinsurer's liability (defined in Article II), by the Guaranteed Minimum Death Benefit ("GMDB")., as specified in Schedule A.
Appears in 1 contract
Samples: Automatic Reinsurance Agreement (First Metlife Investors Variable Annuity Account One)
GUARANTEED MINIMUM DEATH BENEFIT. 1. The indemnity cession shall be the share of the MNAR (defined in Article IV) that is generated, prior to the termination of the Reinsurer's liability (defined in Article II), by the Guaranteed Minimum Death Benefit ("GMDB")., as specified in Schedule A.
Appears in 1 contract
Samples: Automatic Reinsurance Agreement (First Metlife Investors Variable Annuity Account One)
