Common use of Increases Clause in Contracts

Increases. If a request for an increase in the amount of insurance is made for a reinsured policy and the insured meets PRUCO’s underwriting requirements and PRUCO approves the increase under the policy, then the amount of reinsurance under this Agreement will be adjusted as of the effective date of the increase. If a request for an increase is made for a reinsured policy and the insured meets PRUCO’s underwriting requirements and a new policy is issued for the higher amount, then reinsurance under the old policy will cease as of the effective date of the change, and reinsurance under the new policy will commence as of the policy date of the new policy. If a request for an increase in a reinsured policy is granted without the insured meeting PRUCO’s underwriting requirements, then reinsurance on the increase will not be allowed. If a request for an increase does not meet all of the terms of automatic reinsurance, then PRUCO may apply for facultative obligatory reinsurance or facultative reinsurance as stated in Section 8 and Section 9, respectively. When this happens, it is the intent of PRUCO to reinsure the entire policy, i.e. the amount before the increase and the amount of increase. If the facultative increase is allowed, the automatic reinsurance on the amount before the increase will be discontinued. If a reinsured policy is increased as a result of a conversion from term insurance and the increase is granted without the insured meeting PRUCO’s underwriting requirements, then reinsurance will cease as of the effective date of the change.

Increases. If a request for an increase in the amount of insurance is made for a reinsured policy and the insured meets PRUCOTHE COMPANY’s underwriting requirements and PRUCO THE COMPANY approves the increase under the policy, then the amount increase will be added to the policy as a new layer. The increase layer will have a separate policy record and its own effective date. The portion of reinsurance the layer automatically reinsured under this Agreement will be adjusted as of is equal to the amount shown in Schedule A. Increase layers with an effective date after the termination of the increasethis Agreement for new business will not be reinsured under this Agreement. If a request for an increase is made for a reinsured policy and the insured meets PRUCOTHE COMPANY’s underwriting requirements and a new policy is issued on one of the plans shown in Schedule A for the higher amount, then reinsurance under the old policy will cease as of the effective date of the change, and reinsurance under the new policy will commence as of the policy date of the new policy. If a request for an increase in a reinsured policy is granted without the insured meeting PRUCOTHE COMPANY’s underwriting requirements, then reinsurance on the increase will not be allowed. If a request for an increase does not meet all of the terms of automatic reinsurance, then PRUCO THE COMPANY may apply for facultative obligatory reinsurance or facultative reinsurance on the increase layer as stated in Section 8 and Section 9, respectively. When this happens, it is the intent of PRUCO THE COMPANY to continue to automatically reinsure the entire policybase policy and any other layers previously automatically reinsured, i.e. the amount before and to apply for facultative reinsurance with THE REINSURER and other reinsurers for the increase and the amount of increase. If the facultative increase is allowed, the automatic reinsurance on the amount before the increase will be discontinuedlayer. If a reinsured policy is increased as a result of a conversion from term insurance and the increase is granted without the insured meeting PRUCOTHE COMPANY’s underwriting requirements, then reinsurance will cease as of the effective date of the change.

Increases. If a request for an increase in the amount of insurance is made for a reinsured policy and the insured meets PRUCOTHE COMPANY’s automatic underwriting requirements and PRUCO THE COMPANY approves the increase under the policy, then the amount increase will be added to the policy as a new layer. The increase layer will have a separate policy record and its own effective date. The portion of reinsurance the layer reinsured under this Agreement is equal to the amount shown in Schedule A. Reinsurance on increases will be adjusted as of not exceed the Automatic Acceptance Limit and Jumbo Limits in Schedule A. Increase layers with an effective date after the termination of the increasethis Agreement for new business will not be reinsured under this Agreement. If a request for an increase is made for a reinsured policy and the insured meets PRUCOTHE COMPANY’s automatic underwriting requirements and a new policy is issued on one of the plans shown in Schedule A for the higher amount, then reinsurance under the old policy will cease as of the effective date of the change, and reinsurance under the new policy will commence as of the policy effective date of the new policy. If a request for an increase in a reinsured policy is granted without the insured meeting PRUCOTHE COMPANY’s underwriting requirements, then reinsurance on the increase will not be allowed. If a request for an increase does not meet all of the terms of automatic reinsurance, then PRUCO THE COMPANY may apply for facultative obligatory reinsurance or facultative reinsurance as stated in Section 8 and Section 9, respectively. When this happens, it is the intent of PRUCO to reinsure the entire policy, i.e. the amount before with other reinsurers for the increase and the amount of increase. If the facultative increase is allowed, the automatic reinsurance on the amount before the increase will be discontinued. If a reinsured policy is increased as a result of a conversion from term insurance and the increase is granted without the insured meeting PRUCO’s underwriting requirements, then reinsurance will cease as of the effective date of the changelayer.

Increases. If a request for an increase in the amount of insurance is made for a reinsured policy and the insured meets PRUCOPRUCO OF NJ’s underwriting requirements and PRUCO OF NJ approves the increase under the policy, then the amount of reinsurance under this Agreement will be adjusted as of the effective date of the increase. If a request for an increase is made for a reinsured policy and the insured meets PRUCOPRUCO OF NJ’s underwriting requirements and a new policy is issued for the higher amount, then reinsurance under the old policy will cease as of the effective date of the change, and reinsurance under the new policy will commence as of the policy date of the new policy. If a request for an increase in a reinsured policy is granted without the insured meeting PRUCOPRUCO OF NJ’s underwriting requirements, then reinsurance on the increase will not be allowed. If a request for an increase does not meet all of the terms of automatic reinsurance, then PRUCO OF NJ may apply for facultative obligatory reinsurance or facultative reinsurance as stated in Section 8 and Section 9, respectively. When this happens, it is the intent of PRUCO OF NJ to reinsure the entire policy, i.e. the amount before the increase and the amount of increase. If the facultative increase is allowed, the automatic reinsurance on the amount before the increase will be discontinued. If a reinsured policy is increased as a result of a conversion from term insurance and the increase is granted without the insured meeting PRUCOPRUCO OF NJ’s underwriting requirements, then reinsurance will cease as of the effective date of the change.

Increases. If a request for an increase in the amount of insurance is made for a reinsured policy and the insured meets PRUCOTHE COMPANY’s automatic underwriting requirements and PRUCO THE COMPANY approves the increase under the policy, then the amount increase will be added to the policy as a new layer. The increase layer will have a separate policy record and its own effective date. The automatic reinsurance will be continued on the original policy and the new layer will be reinsured on a facultative basis if either the automatic binding or jumbo limit is exceeded. The portion of reinsurance the layer reinsured under this Agreement will be adjusted as of is equal to the amount shown in Schedule A. Increase layers with an effective date after the termination of the increasethis Agreement for new business will not be reinsured under this Agreement. If a request for an increase is made for a reinsured policy and the insured meets PRUCOTHE COMPANY’s automatic underwriting requirements and a new policy is issued on one of the plans shown in Schedule A for the higher amount, then reinsurance under the old policy will cease as of the effective date of the change, and reinsurance under the new policy will commence as of the policy effective date of the new policy. If a request for an increase in on a reinsured policy is granted without the insured meeting PRUCOTHE COMPANY’s underwriting requirements, then reinsurance on the increase will not be allowed. If a request for an increase does not meet all of the terms of automatic reinsurance, then PRUCO THE COMPANY may apply for facultative obligatory reinsurance or facultative reinsurance as stated in Section 8 and Section 9, respectively. When this happens, it is the intent of PRUCO to reinsure the entire policy, i.e. the amount before the increase and the amount of increase. If the facultative increase is allowed, the automatic reinsurance on the amount before the increase will be discontinued. If a reinsured policy is increased as a result of a conversion from term insurance and the increase is granted without the insured meeting PRUCO’s underwriting requirements, then reinsurance will cease as of the effective date of the change‘FACULTATIVE REINSURANCE’ section.

Increases. If a request for an increase in the amount of insurance is made for a reinsured policy and the insured meets PRUCO’s 's underwriting requirements and PRUCO approves the increase under the policy, then the amount of reinsurance under this Agreement will be adjusted as of the effective date of the increase. If a request for an increase is made for a reinsured policy and the insured meets PRUCO’s 's underwriting requirements and a new policy is issued for the higher amount, then reinsurance under the old policy will cease as of the effective date of the change, and reinsurance under the new policy will commence as of the policy date of the new policy. If a request for an increase in a reinsured policy is granted without the insured meeting PRUCO’s 's underwriting requirements, then reinsurance on the increase will not be allowed. If a request for an increase does not meet all of the terms of automatic reinsurance, then PRUCO may apply for facultative obligatory reinsurance or facultative reinsurance as stated in Section 8 and Section 9, respectively. When this happens, it is the intent of PRUCO to reinsure the entire policy, i.e. the amount before the increase and the amount of increase. If the facultative increase is allowed, the automatic reinsurance on the amount before the increase will be discontinued. If a reinsured policy is increased as a result of a conversion from term insurance and the increase is granted without the insured meeting PRUCO’s underwriting requirements, then reinsurance will cease as of the effective date of the change.to

Increases. If a request for an increase in the amount of insurance is made for a reinsured policy and the insured meets PRUCO’s 's underwriting requirements and PRUCO approves the increase under the policy, then the amount of reinsurance under this Agreement will be adjusted as of the effective date of the increase. If a request for an increase is made for a reinsured policy and the insured meets PRUCO’s 's underwriting requirements and a new policy is issued for the higher amount, then reinsurance under the old policy will cease as of the effective date of the change, and reinsurance under the new policy will commence as of the policy date of the new policy. If a request for an increase in a reinsured policy is granted without the insured meeting PRUCO’s 's underwriting requirements, then reinsurance on the increase will not be allowed. If a request for an increase does not meet all of the terms of automatic reinsurance, then PRUCO may apply for facultative obligatory reinsurance or facultative reinsurance as stated in Section 8 and Section 9, respectively. When this happens, it is the intent of PRUCO to reinsure the entire policy, i.e. the amount before the increase and the amount of increase. If the facultative increase is allowed, the automatic reinsurance on the amount before the increase will be discontinued. If a reinsured policy is increased as a result of a conversion from term insurance and the increase is granted without the insured both insureds meeting PRUCO’s 's underwriting requirements, then reinsurance will cease as of the effective date of the change.