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ADDENDUM NO. 11
to
REINSURANCE AGREEMENT INVE0001
between
INVESTORS INSURANCE CORPORATION OF DELAWARE
with Administrative Offices in Jacksonville, Florida
and
REPUBLIC-VANGUARD LIFE INSURANCE COMPANY
of Dallas, Texas
Effective January 1, 1997, Schedule II of the Agreement shall be replaced by
the attached Schedule II, which is amended to change Republic-Vanguard Life
Insurance Company's coinsurance quota share.
IN WITNESS WHEREOF, the parties have executed this is Addendum in duplicate
on the dates and places set forth below:
INVESTORS INSURANCE CORPORATION
Jacksonville, Florida
1/23/97
/s/ Xxxxx X. Xxxxxx
Executive Vice President
Xxx Xxxxxx, witness
REPUBLIC-VANGUARD LIFE INSURANCE COMPANY
Dallas Texas
2/20/97
/s/ Xxxx Xxxxx
Senior Vice President
Xxxxxxx Xxxxx, witness
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SCHEDULE II
A. COINSURANCE PERCENTAGES
Calendar Period of Issue Jurisdiction Quota Share Reinsured
------------------------------------- -------------- ---------------------
January 1, 1991 - September 30, 1994 Missouri 80%
October 1, 1991 - September 30, 1994 Other, 80%
except Kansas
October 1, 1994 -April 30, 1995 All States, 90%
except Kansas
May 1, 1995 -December 31, 1996 All States, 100%
except Kansas
January 1, 1997 and later All States, except 60%
California and Kansas
B. ASSUMPTION OF DIRECT POLICIES
Assumption by
Calendar Period of Issue Jurisdiction Republic-Vanguard Life
------------------------ ------------- ----------------------
1990 - 1994; 13 Policies Kansas 100% Effective March 27,
1995
