Common use of Minimum Recapture Period Clause in Contracts

Minimum Recapture Period. Except as provided in the Reinsurance Rate Guarantee, no recapture, of either the TrueFit policy or any conversions therefrom, is permitted prior to the end of the level premium period. After the end of the level premium period, recapture of either the TrueFit policy or any subsequent conversions is permitted upon an increase in the Company's maximum corporate limits of retention, provided the Company originally held the full amount of retention anticipated under the treaty.