Common use of Premium Rates for Risks with Flat Extras Clause in Contracts

Premium Rates for Risks with Flat Extras. For a risk assigned a flat extra premium, the reinsurance premium rates per thousand of net amount at risk shall be the premium rates for the appropriate risk class specified above in Premiums for Standard Risks increased by the following percentages of the flat extra premiums applicable to the initial face amount reinsured:

Appears in 10 contracts

Samples: Automatic and Facultative Yrt Agreement (Massachusetts Mutual Variable Life Separate Account I), Yrt Agreement (Massachusetts Mutual Variable Life Separate Account I), Automatic Yrt Agreement (Massachusetts Mutual Variable Life Separate Account I)

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Premium Rates for Risks with Flat Extras. For a risk assigned a flat extra premium, the reinsurance premium rates per thousand of net amount at risk shall be the premium rates for the appropriate risk class specified above in Premiums for Standard Risks increased by the following percentages of the flat extra premiums applicable to the initial face amount reinsured:

Appears in 6 contracts

Samples: Automatic Yrt Agreement (Massachusetts Mutual Variable Life Separate Account I), Automatic Yrt Agreement (Massachusetts Mutual Variable Life Separate Account I), Automatic Yrt Agreement (Massachusetts Mutual Variable Life Separate Account I)

Premium Rates for Risks with Flat Extras. Flat Extras shall be added to mortality rates calculated based upon net amount at risk. For a risk assigned a flat extra premium, the reinsurance premium rates per thousand of net amount at risk shall be the premium rates for the appropriate risk class class, as the case may be, specified above in Premiums for Standard Risks the appropriate risk class increased by the following percentages of the flat extra premiums applicable to the initial face amount reinsured:

Appears in 2 contracts

Samples: Automatic Yrt Agreement (Massachusetts Mutual Variable Life Separate Account I), Automatic Yrt Agreement (Massachusetts Mutual Variable Life Separate Account I)

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Premium Rates for Risks with Flat Extras. For a risk assigned a flat extra premium, the reinsurance premium rates per thousand of net amount at risk shall be the premium rates for Non-Tobacco and Tobacco classifications, as the appropriate risk class case may be, specified above in Premiums for Standard Risks increased by the following percentages of the flat extra premiums applicable to the initial face amount reinsured:

Appears in 1 contract

Samples: Automatic Yrt Agreement (Massachusetts Mutual Variable Life Separate Account I)

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