Exhibit (g)(11)
AMENDMENT NO. III
To the Automatic Reinsurance Agreement
Between the
IDS LIFE INSURANCE COMPANY
And the
[name of reinsurance company]
Except as hereinafter specified, all the terms and conditions of the Automatic
Reinsurance Agreement effective the 1st day of October, 1985, amendments and
addenda attached thereto, shall apply, and this Amendment is to be attached to
and made a part of the aforesaid Agreement.
It is mutually agreed that effective the 1st day of January, 1989, Exhibit B,
Reinsurance Premiums, is revised as attached.
IN WITNESS WHEREOF, the Company and the [name of reinsurance company] have
caused their names to be subscribed and duly attested hereunder by their
respective Authorized Officers.
IDS LIFE INSURANCE COMPANY
By /s/ Xxxxxx X. Xxxxxxx Underwriting Officer
------------------------------- Title
Authorized officer
Attest:
By [ILLEGIBLE], Director, Underwriting
-------------------------- Title
Authorized Officer
Date: 3/7/89
[name of reinsurance company]
By [signature] [title]
Authorized Officer Title
--------------------------------------
Attest:
By [signature] [title]
Authorized Officer Title
Date: Mar 13, 1989
----------------------------
REINSURANCE PREMIUMS
I. A. 1) Plans and Riders: XX00 - 00
XX00 - 100
Variable UL
Other Insured Rider
Waiver of Monthly Deduction Rider
2) Standard Reinsurance Risk Premiums: The reinsurance premium rates to
be used for reinsurance ceded on the above plans and riders are the
greater of:
a) the cost of insurance rates attached to this Exhibit B, or
b) the cost of insurance rates actually charged the insured,
less the following percentage reductions:
Policy Year
-----------
1 2-10 1l+
----- ---- ---
Nonsmoker [percentage] [percentage] [percentage]
Smoker [percentage] [percentage] [percentage]
B.1) Plans and Riders: Employer UL25
Employer UL100
Other Insured Rider
Waiver of Monthly Deduction Rider
2) Standard Reinsurance Risk Premiums: The reinsurance premium rates to
be used for reinsurance ceded on the above plans and riders are
one-twelfth the greater of:
a) the cost of insurance rates attached to this Exhibit, or
b) the cost of insurance rates actually charged the insured,
less the percentage reductions specified in Section A.1, above.
EXHIBIT B
C. 1) Plan and Riders: UL500
Other Insured Rider
Waiver of Monthly Deduction Rider
2) Standard Reinsurance Risk Premiums: The reinsurance premium rates to
be used for reinsurance ceded on the above plan and riders are the
greater of:
a) the cost of insurance rates attached to this Exhibit, or
b) the cost of insurance rates actually charged the insured,
less the following percentage reductions:
Policy Year
------------
1 2-10 1l+
--- ------ -----
Nonsmoker/Smoker [percentage] [percentage] [percentage]
II. Multiple Table Substandard Reinsurance Risk Premiums: The percentage
premium reductions specified in Section I, above shall apply to multiple
table substandard premiums.
III. Flat Extra Substandard Reinsurance Premiums:
a) Permanent Flat Extra Premiums are ones assessed for more than
[number] years. [name of reinsurance company] should receive
its proportionate share of any such premiums less the
percentage premium reductions specified in Section I, above.
b) Temporary Flat Extra Premiums are ones assessed for [number]
years or less. [name of reinsurance company] should receive
its proportionate share of any such premiums less a
[percentage] reduction in all policy years.
IV. Reinsurance Premiums For Policies Converted To The Above Plans: Any
reinsurance in force with the [name of reinsurance company] on Policies
converted to or reissued on the above plans shall be continued with the
[name of reinsurance company]. The reinsured risk amount shall be
determined as described in Article V following the conversion or reissue.
The applicable reinsurance premiums will be determined as described in
this Exhibit B, with age and duration measured from the date of issue of
the original policy.
V. Recapture: Reinsurance ceded on these rates shall not be eligible for
recapture before the tenth policy anniversary.
EXHIBIT B (Continued)
IDS LIFE INSURANCE COMPANY
UL88-25
UL88-100
Other Insured Rider
Monthly Monthly
current current current current current current current current
M NS M S FE NS FE S M NS M S FE NS FE S
age rates rates rates rates age rates rates rates rates
0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
IDS LIFE INSURANCE COMPANY
Variable Universal Life
Other Insured Rider
Monthly Monthly
current current current current current current current current
M NS M S FE NS FE S M NS M S FE NS FE S
VUL C01 VUL C01 VUL COI VUL C01 VUL COI VUL COI VUL COI VUL COI
age rates rates rates rates age rates rates rates rates
0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
IDS LIFE INSURANCE COMPANY
XXX 000
XXX 25
Unisex Rates
--------------------------------------------------------------------------------------------------
ANNUAL COST OF INSURANCE PER $1,000 ANNUAL COST OF INSURANCE PER $1,000
--------------------------------------------------------------------------------------------
STANDARD NON-SMOKER STANDARD NON-SMOKER
--------------------------------------------------------------------------------------------------
Att. Att.
Age. Rate WMD Rate WMD Age. Rate WMD Rate WMD
------- ---------------- ------------------- -------- ----------------- -----------------
0
1
2
3
4
------- ---------------- ------------------- -------- ----------------- -----------------
5
6
7
8
9
------- ---------------- ------------------- -------- ----------------- -----------------
10
11
12
13
14
------- ---------------- ------------------- -------- ----------------- -----------------
15
16
17
18
19
------- ---------------- ------------------- -------- ----------------- -----------------
20
21
22
23
24
------- ---------------- ------------------- -------- ----------------- -----------------
25
26
27
28
29
------- ---------------- ------------------- -------- ----------------- -----------------
30
31
32
33
34
------- ---------------- ------------------- -------- ----------------- -----------------
35
36
37
38
39
------- ---------------- ------------------- -------- ----------------- -----------------
40
41
42
43
44
------- ---------------- ------------------- -------- ----------------- -----------------
45
46
47
48
49
--------------------------------------------------------------------------------------------------
IDS LIFE INSURANCE COMPANY
UL 500
MONTHLY
CURRENT COI RATES
AGE MNS MS FNS FS AGE MNS MS FNS FS
0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
MONTHLY
WAIVER OF PREMIUM RATES
AGE MNS MS FNS FS
0
1
2
3
4
5
6
7
8
9
10
11
12
13
14
15
16
17
18
19
20
21
22
23
24
25
26
27
28
29
30
31
32
33
34
35
36
37
38
39
40
41
42
43
44
45
46
47
48
49
50
51
52
53
54
55
56
57
58
59
