Common use of Table 4 program Clause in Contracts

Table 4 program. All policies issued by the Company and found to be rateable up to and including Table 4 (200%) prior to reinsurance review can be automatically issued to the Reinsurer at standard rates. The Company will pay the Reinsurer of the current automatic reinsurance premium rates for the corresponding plan for any policy eligible under the Table 4 Program. However, for Joint-Last-to-Die policies issued between September 1, 1997 and May 1, 1998, the Company will pay the reates for the corresponding plan under the Table 4 program.

Table 4 program. All policies issued by the Company and found to be rateable up to and including Table 4 (200%) prior to reinsurance review can be automatically issued to the Reinsurer at standard rates. The Company will pay the Reinsurer of the current automatic reinsurance premium rates for the corresponding plan for any policy eligible under the Table 4 Program. However, for Joint-Last-to-Die policies issued between September 1, 1997 and May 1, 1998, the Company will pay the reates for the corresponding plan under the Table 4 program.