Level Term Plans. For level term plans having no cash values and those running 20 years or less, the reinsurance benefit shall equal the face amount reinsured, ignoring terminal reserves.
Appears in 4 contracts
Sources: Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii), Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii), Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii)