Waiver of Premium Disability Sample Clauses

Waiver of Premium Disability. An equal amount to that attaching to the face amount of Life coverage automatically reinsured. The total WPD that can be reinsured per life is $3,000,000. EXHIBIT G
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Waiver of Premium Disability. An amount equal to that attaching to the face amount of Life coverage retained.
Waiver of Premium Disability. The REINSURED may cede automatically Waiver of Premium Disability reinsurance in amount applicable to the amount of Life reinsurance ceded automatically not to exceed the following: Accidental Death Benefits SCHEDULE B, PART I Temporary Insurance Agreement In addition to the automatic coverage otherwise provided under this agreement, if the REINSURED shall become liable, as a result of having issued a temporary insurance agreement, for a death claim of an amount which, together with the amount retained by the REINSURED under previously-issued policies, if any, exceeds its own limit of retention applicable to the mortality class, plan of insurance, and age at issue for which a premium was collected, the LINCOLN shall accept reinsurance of such excess automatically in an amount not to exceed $1,000,000. This additional automatic coverage shall apply to insurance which is covered under this agreement (as specified in paragraph 1 of the “REINSURANCE COVERAGE” article) but which does not meet all the conditions outlined in paragraph 1 of the “REINSURANCE LIMITS” article. In any case, this additional reinsurance shall terminate when facultative reinsurance is completed. A copy of any temporary insurance agreement form of the REINSURED issued in connection with any policy form eligible for reinsurance under this agreement is attached as Schedule B, Part II. The REINSURED shall notify the LINCOLN immediately of any change in such form. The liability of the LINCOLN for additional coverage under this Schedule B shall be applicable only with respect to temporary insurance agreement forms which have been reviewed and accepted by the LINCOLN for purposes of such additional coverage. SCHEDULE B, PART II TEMPORARY INSURANCE AGREEMENT (To be given to the applicant if payment is made) This Agreement provides a Limited Amount of insurance coverage, for a Limited Period of time, subject to the terms of this agreement. AMOUNT OF LIFE INSURANCE COVERAGE—$300,000 MAXIMUM The proposed insured dies while this temporary insurance is in effect, we will pay to the named beneficary the lesser of (a) the amount of all the death benefits applied for in the application. Including any accidental death or other optional beneifts, if applicable or (b) $300,000 This total benefit limit applies to all insurance applied for under conditional receipts and temporary insurance agreements with us and any other companies. AMOUNT OF HEALTH INSURANCE COVERAGE—$24,000 OVERALL MAXIMUM AND 12 MONTH BEN...
Waiver of Premium Disability. The REINSURED may cede automatically Waiver of Premium Disability reinsurance in amount applicable to the amount of Life reinsurance ceded automatically not to exceed the following: Accidental Death Benefits SCHEDULE D, PART I (Effective January 1, 1986) [Redacted] Reinsurance Premium Rates Fully Underwritten Issues Standard Risks SCHEDULE D, PART I (Continued) [Redacted] Substandard Risks
Waiver of Premium Disability. The REINSURED may cede automatically Waiver of Premium Disability reinsurance in amounts not to exceed the amount applicable to the amount of Life reinsurance ceded automatically. Accidental Death Benefits
Waiver of Premium Disability. Waiver of Premium Disability Benefit is not reinsured under this Agreement.
Waiver of Premium Disability. The premium which the REINSURED charges the insured on the amount reinsured less total allowances of [omitted] first year and [omitted] in renewal years. SCHEDULE D, PART III (Continued) Accidental Death Benefits Based on the classification of the occupational manual of the REINSURED: Rates Per Thousand Classification First Year Renewal ---------------- ---------- -------
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Waiver of Premium Disability. The premium which the REINSURED charges the insured on the amount reinsured less total allowances of [percentage] first year and [percentage] in renewal years. MALE RATE TABLE Guaranteed Maximum Monthly Cost of Insurance Rates per $1,000 for Insureds with a Standard Rate Classification Standard Standard Standard Attained Non- Attained Non- Attained Non- Age Standard Smoker Age Standard Smoker Age Standard Smoker --- -------- ------ --- -------- ------ --- -------- ------ For insureds with other than a standard rating classification, the guaranteed monthly cost of insurance rates are calculated by multiplying the above monthly rates by the Special Class Rating Factor shown under Policy Data. FEMALE RATE TABLE Guaranteed Maximum Monthly Cost of Insurance Rates per $1,000 for Insureds with a Standard Rate Classification Standard Standard Standard Attained Non- Attained Non- Attained Non- Age Standard Smoker Age Standard Smoker Age Standard Smoker --- -------- ------ --- -------- ------ --- -------- ------ For insureds with other than a standard rating classification, the guaranteed monthly cost of insurance rates are calculated by multiplying the above monthly rates by the Special Class Rating Factor shown under Policy Data. ARBITRATION SCHEDULE To initiate arbitration, either the REINSURED or the [name of reinsurance company] shall notify the other party in writing of its desire to arbitrate, stating the nature of its dispute and the remedy sought. The party to which the notice is sent shall respond to the notification in writing within ten (10) days of its receipt. The arbitration hearing shall be before a panel of three arbitrators, each of whom must be a present or former officer of a life insurance company. An arbitrator may not be a present or former officer, attorney, or consultant of the REINSURED or the [name of reinsurance company] or either's affiliates. The REINSURED and the [name of reinsurance company] shall each name five (5) candidates to serve as an arbitrator. The REINSURED and the [name of reinsurance company] shall each choose one candidate from the other party's list, and these two candidates shall serve as the first two arbitrators. If one or more candidates so chosen shall decline to serve as an arbitrator, the party which named such candidate shall add an additional candidate to its list, and the other party shall again choose one candidate from the list. This process shall continue until two arbitrators have been chosen and have accep...
Waiver of Premium Disability. The REINSURED may cede automatically Waiver of Premium Disability reinsurance in amount applicable to the amount of life reinsurance ceded automatically not to exceed the following: Ages Standard-Table 6 Over Table 6 ---- ---------------- ------------ 0-44 [Omitted] 45-65 Over 65
Waiver of Premium Disability. The REINSURED may cede automatically Waiver of Premium Disability reinsurance in amount applicable to the amount of Life reinsurance ceded automatically not to exceed the following: Accidental Death Benefits SCHEDULE D, PART I (Effective January 1, 1986) [Redacted] Reinsurance Premium Rates Fully Underwritten Issues Standard Risks Substandard Risks [Redacted] Waiver of Premium Disability and Payor Benefits Accidental Death Benefits Based on the classification of the occupational manual of the REINSURED: AMENDMENT to the Risk Premium Reinsurance Agreement between the ST. PXXX LIFE INSURANCE COMPANY of St. Pxxx, Minnesota, hereinafter referred to as the “REINSURED,” and THE LINCOLN NATIONAL LIFE INSURANCE COMPANY of Fort Wxxxx, Indiana, hereinafter referred to as the “LINCOLN,” effective April 1, 1985.
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