Reinsured Contracts Clause Samples
The 'Reinsured Contracts' clause defines which insurance policies or agreements are covered under a reinsurance arrangement. It typically specifies the types of policies, the effective dates, and any exclusions or limitations that determine the scope of coverage. For example, it may state that only property insurance policies issued between certain dates are included, or that specific lines of business are excluded. This clause is essential for clearly delineating the boundaries of the reinsurance agreement, ensuring both parties understand exactly which risks are being transferred and helping to prevent disputes over coverage.
Reinsured Contracts. FIRST METLIFE INVESTORS INSURANCE COMPANY DEFERRED ANNUITY CONTRACTS -------------------------- VA Class Contract (Standard Contract, 7-year surrender charge schedule) XC Class Contract (Bonus Contract, 9-year surrender charge schedule) AA Class Contract (Standard Contract, 7-year surrender charge schedule, ▇. ▇. ▇▇▇▇▇▇▇ distribution) B Class Contract (Standard Contract, 7-year surrender charge schedule, ▇▇▇▇▇▇ ▇▇▇▇▇ distribution) L Class Contract (3-year surrender charge schedule) C Class Contract (No surrender charges) A Class Contract (Front-end load, ▇▇▇▇▇▇ ▇▇▇▇▇ distribution) S Class Contract (Standard and L Class) Vintage VA (Standard Contract, 7-year surrender charge schedule) Vintage XC (Bonus Contract, 9-year surrender charge schedule) Vintage L (4-year surrender charge schedule) Marquis Portfolios (No surrender charges) PEP (10-year surrender charge schedule) PrimElite III (8-year surrender charge schedule) PrimElite IV (8-year surrender charge schedule) PRISM (7-year surrender charge schedule) PRISM L (4-year surrender charge schedule) Pioneer PRISM XC (9-year surrender charge schedule) Class XTRA (9-year surrender charge schedule) Class XTRA 6 (9-year surrender charge schedule) Simple Solutions (6-year surrender charge schedule) FORM NUMBERS ------------ Guaranteed Minimum Death Benefits Ceded: ---------------------------------------- Return of Account Value Principal Protection; Form 6015 (02/02) Annual Step-Up: Form 6017 (02/02) Guaranteed Minimum Income Benefits Ceded: ----------------------------------------- Guaranteed Minimum Income Benefit: Form 4518 (09/02) Guaranteed Minimum Income Benefit Plus (2008 Version): Form FMLI-560-5 (7/08) Guaranteed Withdrawal Benefits Ceded: ------------------------------------- Guaranteed Withdrawal Benefit: Form FMLI-690-1 (7/04) Guaranteed Withdrawal Benefit: Form FMLI-690-2 (11/05) Lifetime Guaranteed Withdrawal Benefit: Form FMLZ-690-3 (6/06) Lifetime Guaranteed Withdrawal Benefit II: Form FMLI-690-4 (7/08) or FMLI-690-6 (7/09) Lifetime Withdrawal Guaranteed Benefit III: Form FMLI-690-6 (7/09)-SS Guaranteed Minimum Accumulation Benefits Ceded: ----------------------------------------------- Guaranteed Minimum Accumulation Benefit: Form FMLI 670-1 (11/05) EXHIBIT II REINSURANCE PREMIUMS
Reinsured Contracts. VARIABLE ANNUITY CONTRACTS -------------------------- A Class Contract (Front-end load, ▇▇▇▇▇▇ ▇▇▇▇▇ distribution) FORM NUMBERS ------------ Guaranteed Minimum Death Benefits and Earnings Preservation Benefits: --------------------------------------------------------------------- Standard Death Benefit - Principal Protection: Form 7015 (11/00) Optional Death Benefit - Annual Step-Up: Form 7017 (11/00) Optional Death Benefit - Greater of Annual Step-Up and 5% Rollup: Form 7016 (11/00) Additional Death Benefit - Earnings Preservation Benefit (EPB): Form 7019 (11/00) Enhanced Death Benefit II - Form MLI-640-1 (4/08) & Endorsement MLI-RMD (7/10)-E Guaranteed Minimum Income Benefits: ----------------------------------- Guaranteed Minimum Income Benefit Plus: Form MLI-560-6 (11/10) Guaranteed Minimum Income Benefit Plus III: Endorsement MLI-RMD (7/10)-E Guaranteed Minimum Income Benefit Max III: Form MLI-560-4 (4/08), MLI-560-5 (09/10) MLI-560-9 (12/11) (12/11) & Endorsement MLI-RMD (7/10)-E SCHEDULE B REINSURANCE PREMIUMS
A. GMDB PROGRAM REINSURANCE PREMIUM GMDB PROGRAM CONTRACTS COVERED (BASIS POINTS) ------------ ----------------------------- -------------- Principal Protection All Reinsured Contracts 9.00 Annual Step-up All Reinsured Contracts 20.00 Greater of Annual Step-Up and 5% Rollup All Reinsured Contracts 35.00 Earnings Preservation Benefit All Reinsured Contracts 25.00 Enhanced Death Benefit II All Reinsured Contracts Issue Ages 0-69 60.00 Enhanced Death Benefit II All Reinsured Contracts Issue Ages 70-75 115.00
B. INCOME PROGRAM
Reinsured Contracts. VARIABLE ANNUITY CONTRACTS --------------------------
Reinsured Contracts. The Reinsured Contracts have been filed and ------------------- approved by the applicable regulatory authorities as required by applicable law, rule or regulation, and all Reinsured Contracts are in compliance with applicable tax laws and federal or state laws governing the offering or sale of securities.
Reinsured Contracts. The Company has provided the Reinsurer true and correct copies of substantially all of the policy forms, riders and endorsements pertaining to the Reinsured Contracts, subject to any state variations with respect thereto.
Reinsured Contracts. Effective June 17, 2024
Reinsured Contracts. 12 Section 3.13
Reinsured Contracts. The lists of those annuities included in the Reinsured Contracts are in the following files and were provided by the Ceding Company in the virtual data room on IntraLinks or via email: Individual Variable Annuities: Microsoft Access database “6.32 VA Seriatim Data as of 12312016.mdb” Individual Fixed Deferred Annuities: Microsoft Access databases named “6.2 DA Seriatim Data as of 12312016.mdb” and “DA Seriatim Data New Policies in 2017 as of 20170331.accdb” Structured Settlement Annuities: Microsoft Excel files named “6.5 SS Seriatim Benefit Info_20161231.xlsx” and “6.6 SS Seriatim Other Info_20161231.xlsx” Farmers Annuity Separate Account A ▇▇▇▇▇▇▇▇▇ AIA GROUP LTD 2.25 03/11/2019 0.00 1,295,000.00 ▇▇▇▇▇▇▇▇▇ AIA GROUP LTD 2.25 03/11/2019 0.00 2,000,000.00 ▇▇▇▇▇▇▇▇▇ AIA GROUP LTD 2.25 03/11/2019 0.00 705,000.00 ▇▇▇▇▇▇▇▇▇ AIG SUNAMER GLOB FIN X 6.9 03/15/2032 0.00 8,000,000.00 ▇▇▇▇▇▇▇▇▇ TIME WARNER INC 7.7 05/01/2032 0.00 600,000.00 ▇▇▇▇▇▇▇▇▇ TIME WARNER INC 7.7 05/01/2032 0.00 2,150,000.00 ▇▇▇▇▇▇▇▇▇ AT&T INC 3 02/15/2022 0.00 3,370,000.00 ▇▇▇▇▇▇▇▇▇ AT&T INC 2.625 12/01/2022 0.00 9,000,000.00 ▇▇▇▇▇▇▇▇▇ AT&T INC 5 03/01/2021 0.00 9,000,000.00 ▇▇▇▇▇▇▇▇▇ AT&T INC 5 03/01/2021 0.00 1,000,000.00 ▇▇▇▇▇▇▇▇▇ AT&T INC 3.95 01/15/2025 0.00 1,695,000.00 ▇▇▇▇▇▇▇▇▇ SWEDISH EXPORT CREDIT 1.125 04/05/2018 0.00 3,520,000.00 ▇▇▇▇▇▇▇▇▇ SWEDISH EXPORT CREDIT 1.125 04/05/2018 0.00 1,410,000.00 ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ LABORATORIES 6.15 11/30/2037 0.00 785,000.00 ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ LABORATORIES 4.125 05/27/2020 0.00 2,500,000.00 ▇▇▇▇▇▇▇▇▇ ACTAVIS FUNDING SCS 3.85 06.15.2024 0.00 1,110,000.00 ▇▇▇▇▇▇▇▇▇ AGILENT TECHNOLOGIES INC 5 07/15/2020 0.00 1,275,000.00 ▇▇▇▇▇▇▇▇▇ ALABAMA POWER CO 5.6 03/15/2033 0.00 1,000,000.00 ▇▇▇▇▇▇▇▇▇ ALLSTATE CORP 5.55 05/09/2035 0.00 900,000.00 ▇▇▇▇▇▇▇▇▇ ALLSTATE CORP 5.55 05/09/2035 0.00 3,000,000.00 ▇▇▇▇▇▇▇▇▇ ALLSTATE CORP 5.55 05/09/2035 0.00 5,710,000.00 ▇▇▇▇▇▇▇▇▇ ALLSTATE CORP 5.55 05/09/2035 0.00 3,100,000.00 ▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇ GROUP INC 4.75 05/05/2021 0.00 1,800,000.00 ▇▇▇▇▇▇▇▇▇ ALTRIA GROUP INC 4 01/31/2024 0.00 1,165,000.00 ▇▇▇▇▇▇▇▇▇ AMERICAN EXPRESS CO 8.15 03/19/2038 0.00 1,335,000.00 ▇▇▇▇▇▇▇▇▇ AMERICAN EXPR CENTURION 5.95 06/12/2017 0.00 8,000,000.00 ▇▇▇▇▇▇▇▇▇ AMERICAN HONDA FINANCE 1.7 02/22/2019 0.00 2,780,000.00 ▇▇▇▇▇▇▇▇▇ AMERICAN INTL GROUP 3.9 04/01/2026 0.00 715,000.00 ▇▇▇▇▇▇▇▇▇ AMERICAN MUNI PWR-OHIO INC O 6.053 02/15/2043 6,665,000.00 6,665,000.00 ▇▇▇▇▇▇▇▇▇ AMERICAN MUNI PWR-OHIO INC O 6.053 02/15/2043 1,665,000.00 1,665,000.00 ▇▇▇▇▇▇▇▇▇ AMERIC...
Reinsured Contracts. Fixed Payout Annuity Contracts – refer to excel file titled “Schedule A – HLAIC Fixed Payouts.xlsx” Period Certain Structured Settlement Contracts – refer to excel file titled “Schedule A – HLAIC Period Certain SS.xlsx” Standard Lives Structured Settlement Contracts – refer to excel file titled “Schedule A - HLAIC Standard SS.xlsx” Variable Payout Separate Account Contracts – refer to excel file titled “Schedule A – HLAIC Variable Payouts.xlsx”
Reinsured Contracts. The Company has filed all reports, statements, filings or submissions that relate, in whole or in substantial part to the Reinsured Contracts, and that were required to be filed by it with any Governmental Authority and all such reports, statements, documents, filings or submissions were true, complete and accurate when filed in all material respects. To the Knowledge of the Company, all policy forms on which in force Reinsured Contracts were issued, and all amendments, applications and certificates pertaining thereto (collectively, the “Policy Forms”), where required by Applicable Law, have been approved by all applicable Governmental Authorities or filed with and not objected to by such Governmental Authorities within the time period provided by Applicable Law for objection, other than such exceptions that would not be materially adverse to the Company or the Reinsurer and all such Policy Forms comply in all material respects with Applicable Law. No material deficiencies have been asserted by any Governmental Authority with respect to any such filings which have not been cured or otherwise resolved. The Company has provided the Reinsurer true and correct copies of all of the policy forms, riders and endorsements pertaining to the Reinsured Contracts, subject to any state variations with respect thereto. Any rates currently used for in force Reinsured Contracts, where required to be filed with or approved by any Governmental Authority, have been so filed or approved, and such rates conform thereto. The Reinsured Contracts have been marketed, sold, issued, maintained and administered in compliance, in all material respects, with Applicable Law. The Separate Account Contracts are not subject to any surrender charges or early withdrawal penalties that are material with respect to the Reinsured Contracts taken as a whole.