Common use of Reinsurance Limits Clause in Contracts

Reinsurance Limits. Minimum Initial Reinsurance Limit ceded to the Reinsurer: $5,000 Minimum Final Reinsurance Limit ceded to the Reinsurer: $1,000 Minimum Initial Facultative Reinsurance Limit: $250,000 (face amount) to age 70 $100,001 (face amount) over age 70

Appears in 4 contracts

Samples: Nationwide Vli Separate Account 4, Nationwide Vli Separate Account 4, Nationwide Vli Separate Account 4

AutoNDA by SimpleDocs

Reinsurance Limits. Minimum Initial Reinsurance Limit ceded to the ReinsurerLimit: $5,000 25,000 Minimum Final Reinsurance Limit ceded to the ReinsurerLimit: $1,000 25,000 Minimum Initial Facultative Reinsurance Limit: Effective June 1, 2007 - May 31, 2019: $250,000 (face amount) to age 70 $100,001 (face amount) over age 7070 Effective June 1, 2019: $500,000 (face amount) all ages* * The Company will submit an underwriting summary with each facultative case submitted to the Reinsurer.

Appears in 2 contracts

Samples: Yrt Reinsurance Agreement (Thrivent Variable Life Account I), Yrt Reinsurance Agreement (Thrivent Variable Life Account I)

Reinsurance Limits. Minimum Initial Reinsurance Limit ceded to the ReinsurerLimit: $5,000 Minimum Final Reinsurance Limit ceded to the ReinsurerLimit: $1,000 Minimum Initial Facultative Reinsurance Limit: N/A $250,000 (face amount) to age 70 $100,001 (face amount) over age 70

Appears in 1 contract

Samples: Reinsurance Agreement (National Variable Life Insurance Account)

AutoNDA by SimpleDocs

Reinsurance Limits. Minimum Initial Reinsurance Limit ceded to the ReinsurerLimit: $5,000 20,000 Minimum Final Reinsurance Limit ceded to the ReinsurerLimit: $1,000 N/A Minimum Initial Facultative Reinsurance Limit: $250,000 (face amount) to age 70 $100,001 (face amount) over age 70

Appears in 1 contract

Samples: Yrt Reinsurance Agreement (Tiaa-Cref Life Separate Account Vli-1)

Time is Money Join Law Insider Premium to draft better contracts faster.