RATES APPLICABLE TO INCREASES Sample Clauses
RATES APPLICABLE TO INCREASES. First year reinsurance premium rates shall apply to the amount of any contractual or non-contractual increase that is granted provided that the Company’s new business underwriting rules are applied to such increases. For increases that results in a change in band, the reinsurance premium rates will be based on the rates of the new band, if applicable.
RATES APPLICABLE TO INCREASES. Non-contractual increases which are underwritten consistently with the Business Guidelines and have the same sales compensation paid as a new issue will be reinsured as a new issue. First year reinsurance premium rates and allowances will apply. I414849US-12 (11-01-2011) QT#04028US11 (COLI & B▇▇▇)
1. Reinsurance Structure: YRT
2. Age Basis: Last
3. Premium Mode: Annually in Advance, with refund or unearned premium on lapse or death.
RATES APPLICABLE TO INCREASES. Non-contractual increases which are underwritten consistently with the Business Guidelines and have the same sales compensation paid as a new issue will be reinsured as a new issue. First year reinsurance premium rates and allowances will apply.
RATES APPLICABLE TO INCREASES. First year reinsurance premium rates and allowances will apply to the amount normally underwritten of a non-contractual increase. EXHIBIT C-1 SPECIFIC TERMS
1. REINSURANCE BASIS: [YRT or Coinsurance]
2. AGE BASIS: [Nearest or Last].
RATES APPLICABLE TO INCREASES. First year reinsurance premium rates and allowances will apply to the amount normally underwritten of a non-contractual increase. EXHIBIT C-1 SPECIFIC TERMS
1. REINSURANCE BASIS: YRT
2. AGE BASIS: Nearest
3. PREMIUMS: The Company will pay to the Reinsurer a basic premium calculated by multiplying the net amount at risk of the Reinsured Policy by the appropriate rate from THE SET OF RATES INCLUDED AT THE END OF THIS SUB-SECTION. Premiums will be payable on a policy year basis, regardless of the premium payment mode under the original insurance, and the Company will continue to pay the appropriate premium to the Reinsurer as long as the Reinsured Policy is in force.
RATES APPLICABLE TO INCREASES. First year reinsurance premium rates and allowances will apply to the amount normally underwritten of a non-contractual increase. Exhibit C-1
RATES APPLICABLE TO INCREASES. First year reinsurance rates and commissions/allowances shall apply to the amount of a fully-underwritten non-contractual increase.
RATES APPLICABLE TO INCREASES. Non-contractual increases which are underwritten consistently with the Business Guidelines and have the same sales compensation paid as a new issue will be reinsured as a new issue. First year reinsurance premium rates and allowances will apply. EXHIBIT C-1 RATES AND TERMS FOR SGUL SINGLE AND JOINT LIFE SURVIVOR PLANS
1. REINSURANCE STRUCTURE: YRT
2. AGE BASIS: Nearest
3. PREMIUM MODE: Annual in Advance
4. BILLING FREQUENCY: MONTHLY
5. PREMIUMS: BASIC PREMIUMS FOR THE SGUL SINGLE LIFE PLAN: The Company will pay to the Reinsurer a basic premium calculated by multiplying the net amount at risk of the Reinsured Policy, as defined in the Net Amounts At Risk provision of this Exhibit, by the appropriate rate from the 2001 VBT (S&U) ANB Rate Table included at the end of this Exhibit, subject to the percentages shown below. The Company will continue to pay the appropriate premium to the Reinsurer as long as the Reinsured Policy is in force. The following percentages will be applied to the reinsurance premiums payable hereunder: [*] FIRST YEAR PREMIUM ----------------------------------------------------- ISSUE AGES ----------------------------------------------------- UNDERWRITING CLASS 18-69 70+ ----------------------------------------------------- MALE Preferred Plus [*] [*] ----------------------------------------------------- Preferred NT [*] [*] ----------------------------------------------------- Select NT [*] [*] ----------------------------------------------------- Standard NT [*] [*] ----------------------------------------------------- Preferred T [*] [*] ----------------------------------------------------- Standard T [*] [*] ----------------------------------------------------- FEMALE Preferred Plus [*] [*] ----------------------------------------------------- Preferred NT [*] [*] ----------------------------------------------------- Select NT [*] [*] ----------------------------------------------------- Standard NT [*] [*] ----------------------------------------------------- Preferred T [*] [*] ----------------------------------------------------- Standard T [*] [*] ----------------------------------------------------- BASIC PREMIUMS FOR THE JOINT LIFE SURVIVOR SGUL PLAN: The Company will pay to the Reinsurer a basic premium calculated by multiplying the net amount at risk of the Reinsured Policy, as defined in the Net Amounts At Risk provision of this Exhibit, by the appropriate rate from the 2001 VBT (S&U) ANB Rate Table included at the end of thi...
RATES APPLICABLE TO INCREASES. New issue reinsurance premium rates and allowances will apply to the amount normally underwritten of a non-contractual increase.