AMENDMENT NO. 2 TO
AUTOMATIC REINSURANCE AGREEMENT
EFFECTIVE AS OF JANUARY 1, 2011
(Agreement)
between
METLIFE INVESTORS USA INSURANCE COMPANY
(Cedent)
and
METLIFE INSURANCE COMPANY OF CONNECTICUT
(Reinsurer)
The Agreement is hereby amended, as of December 1st, 2011, as follows:
1. The attached Schedule A, Plans of Reinsurance, amends and, as amended,
restates Schedule A, Plans of Reinsurance. This restated Schedule A
reflects the introduction of new Guaranteed Benefits offered by the
Cedent.
2. The attached Schedule B, Reinsurance Premiums, amends and, as amended,
restates Exhibit II, Reinsurance Premiums. This restated Schedule B
reflects the premiums for the new Guaranteed Benefits offered by the
Cedent and a revision to the premiums to the Simple Solutions Variable
Annuity Contracts.
This Amendment No. 2 does not alter, amend or modify the Agreement other than as
set forth herein, and the terms and conditions of the Agreement, as amended
herein, continue in effect without other change.
In Witness whereof, the parties have caused this Amendment No. 2 to be signed as
of the date first above written.
METLIFE INVESTORS USA INSURANCE COMPANY
By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇
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Name: ▇▇▇▇▇▇▇ ▇▇▇▇▇
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Title: Vice President
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METLIFE INSURANCE COMPANY OF CONNECTICUT
By: /s/ ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇
---------------------------------
Name: ▇▇▇▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇
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Title: Vice President and Actuary
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Page 1 of 8
SCHEDULE A
PLANS OF REINSURANCE
A. Reinsurer's Percentage:
100% of the ceded liabilities described in Article I paragraph B, for
the Reinsured Contracts.
B. Reinsured Contracts:
VARIABLE ANNUITY CONTRACTS
--------------------------
VA Series Contract (Standard Contract, 7-year surrender charge
schedule)
XC Series Contract (Bonus Contract, 9-year surrender charge schedule)
L Series Contract (4-year surrender charge schedule)
C Series Contract (No surrender charges)
S Series Contract (Standard and L Series)
VA - 4 Class Series Contract (L Class)
Marquis Portfolios (No surrender charges)
PrimElite IV (8-year surrender charge schedule)
Series XTRA (9-year surrender charge schedule)
Series XTRA 6 (9-year surrender charge schedule)
Simple Solutions (6-year surrender charge schedule)
MetLife Growth & Guaranteed Income (5-year surrender charge schedule,
Fidelity Distribution)
FORM NUMBERS
------------
Guaranteed Minimum Death Benefits and Earnings Preservation Benefits:
---------------------------------------------------------------------
Principal Protection: Form 8015 (11/00)
Option 2 - Return of Purchase Payment Death Benefit: MGGI (10/09)
Annual Step-Up: Form 8017 (11/00)
Greater of Annual Step-Up and 5% Rollup: Form 8016(11/00)
Enhanced Death Benefit II: Form MLIU-640-1 (4/08) & Endorsement
MLIU-RMD (7/10)-E
Enhanced Death Benefit III: Form MLIU-640-1 (4/08) & Endorsement
MLIU-RMD (7/10)-E
Enhanced Death Benefit Max: Form MLIU-640-1 (4/08) & Endorsement
MLIU-RMD (7/10)-E
Page 2 of 8
Enhanced Death Benefit ▇▇▇ ▇▇: Form MLIU-640-1 (4/08) & Endorsement
MLIU- RMD(7/10)-E
Additional Death Benefit - Earnings Preservation Benefit (EPB): Form
8019 (11/00)
Guaranteed Minimum Income Benefits:
-----------------------------------
Guaranteed Minimum Income Benefit Plus: Form 8018-2 (05/05)
Guaranteed Minimum Income Benefit Plus: Form MLIU-560-4 (4/08) or
MLIU-560-5 (5/09)
Guaranteed Minimum Income Benefit Plus III: Form MLIU-560-4 (4/08) or
MLIU-560-6 (11/10) & Endorsement MLIU-RMD (7/10)-E
Guaranteed Minimum Income Benefit Plus IV: Form MLIU-560-4 (4/08),
MLIU-560-7 (9/11) or MLIU-560-6-OR (9/11) & Endorsement MLIU-RMD
(7/10)-E
Guaranteed Minimum Income Benefit Max: Form MLIU-560-4 (4/08) or
MLIU-560-5 (9/10) & Endorsement MLIU-RMD (7/10)-E
Guaranteed Minimum Income Benefit ▇▇▇ ▇▇: Form MLIU-560-4 (4/08),
MLIU-560-8 (9/11) or MLIU-560-5-OR (9/11) & Endorsement MLIU-RMD
(7/10)-E
Guaranteed Withdrawal Benefits:
-------------------------------
Guaranteed Withdrawal Benefit: Form MLIU-690-2 (11/05)
Lifetime Guaranteed Withdrawal Benefit: Form MLIU-690-3 (6/06)
Lifetime Withdrawal Guaranteed Benefit (2008 Version): Form MLIU-690-4
(4/08) or MLIU-690-5 (7/09)
Lifetime Withdrawal Guaranteed Benefit III: Form MLIU-690-4 (4/08) or
MLIU-690-5 (7/09)
Guaranteed Withdrawal Benefit for Life: MGGI (10/09)
Page 3 of 8
SCHEDULE B
REINSURANCE PREMIUMS
A. GMDB PROGRAM
REINSURANCE
PREMIUM
GMDB PROGRAM CONTRACTS COVERED (BASIS POINTS)
-------------------------------- ----------------------------------------- ---------------
Principal Protection All Reinsured Contracts 9.00
Option 2 - Return of MetLife Growth & Guaranteed Income 9.00
Purchase Payment Death Contracts
Benefit
Annual Step-Up All Reinsured Contracts, except S Series, 20.00
Simple Solutions & MetLife Growth &
Guaranteed Income Contracts)
Greater of Annual Step-Up and 5% All Reinsured Contracts, except S Series, 35.00
Rollup Marquis Portfolios, PrimElite IV, Series
XTRA, Series XTRA 6, Simple Solutions &
MetLife Growth & Guaranteed Income
Contracts)
Enhanced Death Benefit All Reinsured Contracts, except 60.00
II Series XC, Marquis Portfolios,
PrimElite IV, Simple Solutions &
MetLife Growth & Guaranteed Income
Contracts
Issue Ages 0-69
Enhanced Death Benefit All Reinsured Contracts, except Series 60.00
Max XC, Series XTRA, Marquis Portfolios,
PrimElite IV, Simple Solutions &
MetLife Growth & Guaranteed Income
Contracts
Issue Ages 0-69
Enhanced Death Benefit All Reinsured Contracts, except 60.00
III Series XC, Series XTRA, Series XTRA
6, Marquis Portfolios, PrimElite IV,
Simple Solutions & MetLife Growth &
Guaranteed Income Contracts Issue
Ages 0-69
Enhanced Death Benefit All Reinsured Contracts, except 60.00
▇▇▇ ▇▇ Series XC, Series XTRA, Series XTRA
6, Marquis Portfolios, PrimElite IV,
Simple Solutions & MetLife Growth &
Guaranteed Income Contracts Issue
Ages 0-69
Page 4 of 8
REINSURANCE
PREMIUM
GMDB PROGRAM CONTRACTS COVERED (BASIS POINTS)
-------------------------------- ----------------------------------------- ---------------
Enhanced Death All Reinsured Contracts, except 115.00
Benefit II Series XC, Marquis Portfolios,
PrimElite IV, Simple Solutions &
MetLife Growth & Guaranteed
Income Contracts
Issue Ages 70-75
Enhanced Death All Reinsured Contracts, except 115.00
Benefit Max Series XC, Series XTRA, Marquis
Portfolios, PrimElite IV, Simple
Solutions & MetLife Growth &
Guaranteed Income Contracts
Issue Ages 70-75
Enhanced Death All Reinsured Contracts, except 115.00
Benefit III Series XC, Series XTRA, Series
XTRA 6, Marquis Portfolios,
PrimElite IV, Simple Solutions &
MetLife Growth & Guaranteed
Income Contracts
Issue Ages 70-75
Enhanced Death All Reinsured Contracts, except 115.00
Benefit ▇▇▇ ▇▇ Series XC, Series XTRA, Series
XTRA 6, Marquis Portfolios,
PrimElite IV, Simple Solutions &
MetLife Growth & Guaranteed
Income Contracts
Issue Ages 70-75
Enhanced Death Marquis Portfolios Contracts 80.00
Benefit II Issue Ages 0-69
Enhanced Death Marquis Portfolios Contracts 135.00
Benefit II Issue Ages 70-75
Earnings Preservation All Reinsured Contracts, except S 25.00
Benefit Series, Simple Solutions & MetLife
Growth & Guaranteed Income
Contracts
Page 5 of 8
B. INCOME PROGRAM
REINSURANCE
PREMIUM
INCOME PROGRAM CONTRACTS COVERED (BASIS POINTS)
-------------------------------- ----------------------------------------- ---------------
GMIB Plus: Form MLIU-560-4 All Reinsured Contracts, except Marquis 100.00
(4/08) or MLIU-560-5 (5/09) Portfolios, PrimElite IV, Simple
Solutions, & MetLife Growth & Guaranteed
Income Contracts
GMIB Plus III: 560-4 (4/08) or All Reinsured Contracts, except Series 100.00
MLIU-560-6 (11/10) & XC, PrimElite IV, Simple Solutions, &
Endorsement MLIU-RMD(7/10)-E MetLife Growth & Guaranteed Income
Contracts
GMIB Plus IV: 560-4 (4/08) or All Reinsured Contracts, except Series 100.00
MLIU-560-7 XC, Series XTRA, Series XTRA 6,
(9/11)or MLIU-560-6-OR(9/11)& PrimElite IV, Simple Solutions, &
Endorsement MLIU-RMD(7/10)-E MetLife Growth & Guaranteed Income
Contracts
GMIB Max: MLIU-560-4 (4/08) or All Reinsured Contracts, except Series 100.00
MLIU-560-5 (9/10) & Endorsement XC, Series XTRA, Marquis Portfolios,
MLIU-RMD(7/10)-E PrimElite IV, Simple Solutions, &
MetLife Growth & Guaranteed Income
Contracts
GMIB ▇▇▇ ▇▇: MLIU-560-4 All Reinsured Contracts, except Series 100.00
(4/08) or MLIU-560-8 (9/11) XC, Series XTRA, Series XTRA 6, Marquis
or MLIU-560-5-OR(9/11)& Portfolios, PrimElite IV, Simple
Endorsement MLIU-RMD(7/10)-E Solutions, & MetLife Growth & Guaranteed
Income Contracts
GMIB Plus: Form 8018-2 (05/05) S Series Contracts 80.00
GMIB Plus: Form MLU-560-4 Marquis Portfolios Contracts 115.00
(4/08) or MLU-560-5 (5/09) GMIB
Plus III: 560-4 (4/08) or
MLIU-560-6 (11/10) &
Endorsement MLIU-RMD(7/10)-E
Page 6 of 8
C. WITHDRAWAL PROGRAM
REINSURANCE
PREMIUM (BASIS
WITHDRAWAL PROGRAM CONTRACTS COVERED POINTS)
-------------------------------- ----------------------------------------- ---------------
Guaranteed Withdrawal All Reinsured Contracts, except Marquis 55.00
Benefit Portfolios, PrimElite IV, S Series, Simple
Solutions & MetLife Growth & Guaranteed
Income Contracts
Principal Guarantee Marquis Portfolios Contracts 50.00
Principal Guarantee Value Marquis Portfolios Contracts 25.00
Guaranteed Withdrawal PrimElite IV Contracts 25.00
Benefit
Lifetime GWB (2008 Version) All Reinsured Contracts, except Marquis 125.00
- Single Life Version Portfolios, PrimElite IV, Simple Solutions &
MetLife Growth & Guaranteed Income Contracts
Lifetime GWB (2008 All Reinsured Contracts, except Marquis 150.00
Version) - Joint Life Portfolios, PrimElite IV, Simple Solutions &
Version MetLife Growth & Guaranteed Income Contracts
Lifetime GWB (2008 Version) Marquis Portfolios Contracts 145.00
- Single Life Version
Lifetime GWB (2008 Marquis Portfolios Contracts 170.00
Version) - Joint Life
Version
Lifetime GWB - Single Life PrimElite IV Contracts sold before 110.00
Version July 15, 2011
Lifetime GWB - Single Life PrimElite IV Contracts sold on or after 140.00
Version July 15, 2011
Lifetime GWB - Joint Life PrimElite IV Contracts sold before 125.00
Version July 15, 2011
Lifetime GWB - Joint Life PrimElite IV Contracts sold on or after 155.00
Version July 15, 2011
Lifetime LWG III -Single Simple Solutions Contracts sold on or 100.00
Life Version before December 9, 2011
Lifetime LWG III -Single Simple Solutions Contracts sold after 110.00
Life Version December 9, 2011
Lifetime LWG III-Joint Life Simple Solutions Contracts sold on or 120.00
Version before December 9, 2011
Lifetime LWG III-Joint Life Simple Solutions Contracts sold after 130.00
Version December 9, 2011
Guaranteed Withdrawal Benefit MetLife Growth & Guaranteed Income 90.00
for Life - Single Annuitant Contracts
Page 7 of 8
REINSURANCE
PREMIUM (BASIS
WITHDRAWAL PROGRAM CONTRACTS COVERED POINTS)
-------------------------------- ----------------------------------------- ---------------
Guaranteed Withdrawal MetLife Growth & Guaranteed Income 105.00
Benefit for Life - Joint Contracts
Annuitants
Page 8 of 8
