{"component": "definition", "props": {"groups": [{"snippet": "means a VARIABLE ANNUITY CONTRACT, other than an EXCLUDED CONTRACT, which is in effect, which has not been terminated due to death, lapse, surrender, the annuitant's reaching the maximum annuitization age, or some other valid contingency, and which has not been annuitized.", "samples": [{"hash": "5EMjLwg0p33", "uri": "/contracts/5EMjLwg0p33#active-contract", "label": "Reinsurance Agreement (Ameritas Variable Separate Account Va-2)", "score": 33.3148528405, "published": true}, {"hash": "5aY4vVwgvaR", "uri": "/contracts/5aY4vVwgvaR#active-contract", "label": "Reinsurance Agreement (Ameritas Variable Separate Account Va-2)", "score": 19.2922655715, "published": true}, {"hash": "2w7M2ZkvEhz", "uri": "/contracts/2w7M2ZkvEhz#active-contract", "label": "Reinsurance Agreement (Ameritas Variable Separate Account Va-2)", "score": 19.2922655715, "published": true}], "snippet_links": [{"key": "variable-annuity-contract", "type": "definition", "offset": [8, 33]}, {"key": "excluded-contract", "type": "definition", "offset": [49, 66]}, {"key": "in-effect", "type": "clause", "offset": [77, 86]}, {"key": "due-to-death", "type": "clause", "offset": [118, 130]}, {"key": "the-annuitant", "type": "clause", "offset": [150, 163]}], "size": 20, "hash": "70ceaa28e44d103ad71afa96d4d8463c", "id": 1}, {"snippet": "means the contract given in the roll schedule under Section 4.3.", "samples": [{"hash": "ii62r5U2YzT", "uri": "https://www.globalx.ca/wp-content/uploads/2024/08/Silver-Index-Methodology.pdf", "label": "www.globalx.ca", "score": 10.1360169346, "published": false}, {"hash": "lWwDJ75fpJi", "uri": "https://www.globalx.ca/wp-content/uploads/2024/08/Gold-Index-Methodology.pdf", "label": "www.globalx.ca", "score": 10.1340893233, "published": false}, {"hash": "apj1BJpQOx0", "uri": "https://www.solactive.com/wp-content/uploads/2017/04/Methodology_SOLCSIER.pdf", "label": "www.solactive.com", "score": 6.6399726215, "published": false}], "snippet_links": [{"key": "the-contract", "type": "definition", "offset": [6, 18]}, {"key": "section-43", "type": "clause", "offset": [52, 63]}], "size": 12, "hash": "eeb160bc61bc245d50088cc62d53239f", "id": 2}, {"snippet": "means the contract given in the roll schedule under Section 4.4 for the current month.", "samples": [{"hash": "ajKZ5S7BnyM", "uri": "https://www.solactive.com/wp-content/uploads/2019/03/Commodity-Leverage-Index-Family_1.9_final.pdf", "label": "www.solactive.com", "score": 7.6146475017, "published": false}, {"hash": "vovKes01TP", "uri": "https://www.solactive.com/wp-content/uploads/2018/12/Commodity-Leverage-Index-Family_1.8_final.pdf", "label": "www.solactive.com", "score": 7.4845995893, "published": false}, {"hash": "5zdqz9hnoOk", "uri": "https://www.solactive.com/wp-content/uploads/2018/12/Commodity-Leverage-Index-Family_1.7_final.pdf", "label": "www.solactive.com", "score": 7.462696783, "published": false}], "snippet_links": [{"key": "the-contract", "type": "definition", "offset": [6, 18]}, {"key": "section-44", "type": "clause", "offset": [52, 63]}, {"key": "current-month", "type": "definition", "offset": [72, 85]}], "size": 11, "hash": "35d4bcb75b710195fe993fe7d6619f06", "id": 3}, {"snippet": "means an ANNUITY CONTRACT that remains in effect and has not been terminated due to death, lapse, surrender or some other valid contingency and has not been annuitized and has elected the optional rider benefit shown in Schedules A and \u2587-\u2587. RETAIL ANNUITY PREMIUMS means contributions made to the ANNUITY CONTRACT by or on behalf of the contract owner, commonly referred to as purchase payments, premiums, or deposits. CONTRACT TYPE means one of the ANNUITY CONTRACT forms specified in Schedule B-1. GMIB TYPE means one of the Guaranteed Minimum Income Benefits specified in Schedules A and \u2587-\u2587, applicable to ANNUITY CONTRACTS.", "samples": [{"hash": "k70LzgzLsSc", "uri": "/contracts/k70LzgzLsSc#active-contract", "label": "Gmib Reinsurance Agreement (Merrill Lynch Life Variable Annuity Separate Account D)", "score": 19.0, "published": true}, {"hash": "ibfZGAKcfDE", "uri": "/contracts/ibfZGAKcfDE#active-contract", "label": "Gmib Reinsurance Agreement (Ml of New York Variable Annuity Separate Account A)", "score": 19.0, "published": true}, {"hash": "g6jP2oLBMRy", "uri": "/contracts/g6jP2oLBMRy#active-contract", "label": "Gmib Reinsurance Agreement (Merrill Lynch Life Variable Annuity Separate Account A)", "score": 19.0, "published": true}], "snippet_links": [{"key": "in-effect", "type": "clause", "offset": [39, 48]}, {"key": "due-to-death", "type": "clause", "offset": [77, 89]}, {"key": "rider-benefit", "type": "definition", "offset": [197, 210]}, {"key": "retail-annuity-premiums", "type": "definition", "offset": [241, 264]}, {"key": "the-annuity-contract", "type": "clause", "offset": [293, 313]}, {"key": "by-or-on-behalf-of", "type": "definition", "offset": [314, 332]}, {"key": "the-contract-owner", "type": "clause", "offset": [333, 351]}, {"key": "purchase-payments", "type": "definition", "offset": [377, 394]}, {"key": "contract-type", "type": "definition", "offset": [419, 432]}, {"key": "contract-forms", "type": "clause", "offset": [458, 472]}, {"key": "gmib-type", "type": "definition", "offset": [500, 509]}, {"key": "guaranteed-minimum-income-benefits", "type": "clause", "offset": [527, 561]}, {"key": "applicable-to", "type": "clause", "offset": [596, 609]}, {"key": "annuity-contracts", "type": "definition", "offset": [610, 627]}], "size": 8, "hash": "acc417ea6330140cf473c593a3cdbc8d", "id": 4}, {"snippet": "means an ANNUITY CONTRACT that remains in effect and has not been terminated due to death, lapse, surrender or some other valid contingency and has not been annuitized and has elected the optional rider benefit shown in Schedules A and \u2587-\u2587. INSURED LIFE means the owner, or if the owner is a non-natural person, the annuitant of each ANNUITY CONTRACT RETAIL ANNUITY PREMIUMS means contributions made to the ANNUITY CONTRACT by or on behalf of the contract owner, commonly referred to as purchase payments, premiums, or deposits. CONTRACT TYPE means one of the ANNUITY CONTRACT forms specified in Schedule B-1. GMDB TYPE means one of the Guaranteed Minimum Death Benefits specified in Schedules A and \u2587-\u2587, applicable to ANNUITY CONTRACTS. \u2587\u2587\u2587\u2587\u2587\u2587\u2587 \u2587\u2587\u2587\u2587\u2587 & ACE Tempest GMDB 3", "samples": [{"hash": "dc48TUsvPKJ", "uri": "/contracts/dc48TUsvPKJ#active-contract", "label": "GMDB Reinsurance Agreement (Merrill Lynch Life Variable Annuity Separate Account A)", "score": 17.0, "published": true}, {"hash": "55iQTqfjCDE", "uri": "/contracts/55iQTqfjCDE#active-contract", "label": "GMDB Reinsurance Agreement (Merrill Lynch Life Variable Annuity Separate Account B)", "score": 17.0, "published": true}, {"hash": "47nIw5IyZFD", "uri": "/contracts/47nIw5IyZFD#active-contract", "label": "GMDB Reinsurance Agreement (Merrill Lynch Life Variable Annuity Separate Account D)", "score": 17.0, "published": true}], "snippet_links": [{"key": "in-effect", "type": "clause", "offset": [39, 48]}, {"key": "due-to-death", "type": "clause", "offset": [77, 89]}, {"key": "rider-benefit", "type": "definition", "offset": [197, 210]}, {"key": "the-owner", "type": "definition", "offset": [260, 269]}, {"key": "a-non", "type": "clause", "offset": [290, 295]}, {"key": "natural-person", "type": "clause", "offset": [296, 310]}, {"key": "the-annuitant", "type": "clause", "offset": [312, 325]}, {"key": "retail-annuity-premiums", "type": "definition", "offset": [351, 374]}, {"key": "the-annuity-contract", "type": "clause", "offset": [403, 423]}, {"key": "by-or-on-behalf-of", "type": "definition", "offset": [424, 442]}, {"key": "the-contract-owner", "type": "clause", "offset": [443, 461]}, {"key": "purchase-payments", "type": "definition", "offset": [487, 504]}, {"key": "contract-type", "type": "definition", "offset": [529, 542]}, {"key": "contract-forms", "type": "clause", "offset": [568, 582]}, {"key": "gmdb-type", "type": "definition", "offset": [610, 619]}, {"key": "minimum-death-benefits", "type": "clause", "offset": [648, 670]}, {"key": "applicable-to", "type": "clause", "offset": [705, 718]}, {"key": "annuity-contracts", "type": "definition", "offset": [719, 736]}], "size": 7, "hash": "1f729cefe3997c8e7078e00eae0d30e2", "id": 5}, {"snippet": "means an ANNUITY CONTRACT that remains in effect and has not been terminated due to death, lapse, surrender or some other valid contingency and has not been annuitized and has elected DBER. RIDER ISSUE DATE means the month, day, and year that the DBER first becomes effective.", "samples": [{"hash": "umKyCysA6H", "uri": "/contracts/umKyCysA6H#active-contract", "label": "Reinsurance Agreement (Merrill Lynch Life Variable Annuity Separate Account D)", "score": 19.0, "published": true}, {"hash": "bMSwwgvD4pR", "uri": "/contracts/bMSwwgvD4pR#active-contract", "label": "Reinsurance Agreement (Merrill Lynch Life Variable Annuity Separate Account A)", "score": 19.0, "published": true}, {"hash": "8O5JO1waGRZ", "uri": "/contracts/8O5JO1waGRZ#active-contract", "label": "Reinsurance Agreement (Merrill Lynch Life Variable Annuity Separate Account B)", "score": 19.0, "published": true}], "snippet_links": [{"key": "annuity-contract", "type": "definition", "offset": [9, 25]}, {"key": "in-effect", "type": "clause", "offset": [39, 48]}, {"key": "due-to-death", "type": "clause", "offset": [77, 89]}, {"key": "issue-date", "type": "definition", "offset": [196, 206]}], "size": 5, "hash": "bfd4614ef33b2c8c0dbba421622e45d9", "id": 6}, {"snippet": "On the EFFECTIVE DATE, each ANNUITY CONTRACT. On any date after the EFFECTIVE DATE, each ANNUITY CONTRACT that on or before such date: (i) has not been the subject of a LOSS EVENT; (ii) has not been terminated due to lapse, surrender or some other valid contingency; and (iii) has not been annuitized.", "samples": [{"hash": "iTkkKhLSxUr", "uri": "/contracts/iTkkKhLSxUr#active-contract", "label": "Variable Annuity Guaranteed Minimum Death Benefit Reinsurance Agreement (Jackson National Separate Account I)", "score": 18.0, "published": true}, {"hash": "btotiqSMCUx", "uri": "/contracts/btotiqSMCUx#active-contract", "label": "Variable Annuity Guaranteed Minimum Death Benefit Reinsurance Agreement (Jackson National Separate Account I)", "score": 18.0, "published": true}, {"hash": "70IsE2aCGax", "uri": "/contracts/70IsE2aCGax#active-contract", "label": "Variable Annuity Guaranteed Minimum Death Benefit Reinsurance Agreement (Jackson National Separate Account V)", "score": 18.0, "published": true}], "snippet_links": [{"key": "on-the-effective-date", "type": "clause", "offset": [0, 21]}, {"key": "annuity-contract", "type": "definition", "offset": [28, 44]}, {"key": "after-the-effective-date", "type": "clause", "offset": [58, 82]}, {"key": "subject-of", "type": "clause", "offset": [156, 166]}, {"key": "loss-event", "type": "definition", "offset": [169, 179]}], "size": 4, "hash": "a197dc129ea72de251fddee35742c3dc", "id": 7}, {"snippet": "means a VARIABLE ANNUITY CONTRACT, other than an EXCLUDED CONTRACT, that remains in effect and has not terminated due to death, lapse, surrender or some other valid contingency and has not been annuitized. AGGREGATE GMDB AMOUNT means the sum of the GMDB AMOUNT for all ACTIVE CONTRACTS covered under this Agreement, as calculated on each MONTHLY VALUATION DATE. NET AMOUNT AT RISK means for each ACTIVE CONTRACT, the excess, if any, of the GMDB AMOUNT over the ACCOUNT VALUE.", "samples": [{"hash": "aXNoNcAtFzW", "uri": "/contracts/aXNoNcAtFzW#active-contract", "label": "Reinsurance Agreement (Separate Account Kg of First Allmerica Fin Life Ins Co)", "score": 18.0, "published": true}, {"hash": "3Nk1hLH387s", "uri": "/contracts/3Nk1hLH387s#active-contract", "label": "Variable Annuity GMDB Reinsurance Agreement (Separate Account Kg of First Allmerica Fin Life Ins Co)", "score": 18.0, "published": true}], "snippet_links": [{"key": "variable-annuity-contract", "type": "definition", "offset": [8, 33]}, {"key": "excluded-contract", "type": "definition", "offset": [49, 66]}, {"key": "in-effect", "type": "clause", "offset": [81, 90]}, {"key": "due-to-death", "type": "clause", "offset": [114, 126]}, {"key": "gmdb-amount", "type": "definition", "offset": [216, 227]}, {"key": "sum-of", "type": "clause", "offset": [238, 244]}, {"key": "contracts-covered", "type": "clause", "offset": [276, 293]}, {"key": "this-agreement", "type": "clause", "offset": [300, 314]}, {"key": "monthly-valuation-date", "type": "definition", "offset": [338, 360]}, {"key": "net-amount-at-risk", "type": "clause", "offset": [362, 380]}, {"key": "the-excess", "type": "clause", "offset": [413, 423]}, {"key": "account-value", "type": "definition", "offset": [461, 474]}], "size": 4, "hash": "c155eb8987e335d88ec6f9707cd635e6", "id": 8}, {"snippet": "means an ANNUITY CONTRACT that remains in effect and has not been terminated due to death, lapse, surrender or some other valid contingency and has not been annuitized. RETAIL ANNUITY PREMIUMS means contributions made to the ANNUITY CONTRACT by or on behalf of the contract owner, commonly referred to as purchase payments, premiums, or deposits. CONTRACT TYPE means one of the ANNUITY CONTRACT forms specified in Schedule B-1. GMIB TYPE means one of the Guaranteed Minimum Income Benefits specified in Schedule A, applicable to ANNUITY CONTRACTS.", "samples": [{"hash": "rJVnToI73z", "uri": "/contracts/rJVnToI73z#active-contract", "label": "Variable Annuity Gmib Reinsurance Agreement (Ohio National Variable Account A)", "score": 19.0, "published": true}], "snippet_links": [{"key": "in-effect", "type": "clause", "offset": [39, 48]}, {"key": "due-to-death", "type": "clause", "offset": [77, 89]}, {"key": "retail-annuity-premiums", "type": "definition", "offset": [169, 192]}, {"key": "the-annuity-contract", "type": "clause", "offset": [221, 241]}, {"key": "by-or-on-behalf-of", "type": "definition", "offset": [242, 260]}, {"key": "the-contract-owner", "type": "clause", "offset": [261, 279]}, {"key": "purchase-payments", "type": "definition", "offset": [305, 322]}, {"key": "contract-type", "type": "definition", "offset": [347, 360]}, {"key": "contract-forms", "type": "clause", "offset": [386, 400]}, {"key": "gmib-type", "type": "definition", "offset": [428, 437]}, {"key": "guaranteed-minimum-income-benefits", "type": "clause", "offset": [455, 489]}, {"key": "schedule-a", "type": "definition", "offset": [503, 513]}, {"key": "applicable-to", "type": "clause", "offset": [515, 528]}, {"key": "annuity-contracts", "type": "definition", "offset": [529, 546]}], "size": 4, "hash": "0e197340b8080b5c10803e5b4311c0bb", "id": 9}, {"snippet": "means an ANNUITY CONTRACT that remains in effect and has not been terminated due to death, lapse, surrender or some other valid contingency and has not been annuitized and includes one of the Guaranteed Minimum Income Benefits specified in Schedule A. RETAIL ANNUITY PREMIUMS means all contributions (not reduced by subsequent withdrawals) made to the ANNUITY CONTRACT by or on behalf of the contract owner, commonly referred to as purchase payments, premiums, or deposits. CONTRACT TYPE means one of the ANNUITY CONTRACT forms specified in Schedule B-1.", "samples": [{"hash": "3CYBNZT46T3", "uri": "/contracts/3CYBNZT46T3#active-contract", "label": "Variable Annuity Gmib Reinsurance Agreement (Jackson National Separate Account - I)", "score": 22.3223819302, "published": true}, {"hash": "4qUyRxZB6y", "uri": "/contracts/4qUyRxZB6y#active-contract", "label": "Variable Annuity Gmib Reinsurance Agreement (Jackson National Separate Account - I)", "score": 22.3196440794, "published": true}, {"hash": "hA6OhEEXzCh", "uri": "/contracts/hA6OhEEXzCh#active-contract", "label": "Variable Annuity Gmib Reinsurance Agreement (Jackson National Separate Account - I)", "score": 22.3169062286, "published": true}], "snippet_links": [{"key": "in-effect", "type": "clause", "offset": [39, 48]}, {"key": "due-to-death", "type": "clause", "offset": [77, 89]}, {"key": "guaranteed-minimum-income-benefits", "type": "clause", "offset": [192, 226]}, {"key": "retail-annuity-premiums", "type": "definition", "offset": [252, 275]}, {"key": "subsequent-withdrawals", "type": "clause", "offset": [316, 338]}, {"key": "the-annuity-contract", "type": "clause", "offset": [348, 368]}, {"key": "by-or-on-behalf-of", "type": "definition", "offset": [369, 387]}, {"key": "the-contract-owner", "type": "clause", "offset": [388, 406]}, {"key": "purchase-payments", "type": "definition", "offset": [432, 449]}, {"key": "contract-type", "type": "definition", "offset": [474, 487]}, {"key": "contract-forms", "type": "clause", "offset": [513, 527]}], "size": 3, "hash": "5eff592b26168e6f0904a50c93ab779e", "id": 10}], "next_curs": "ClwSVmoVc35sYXdpbnNpZGVyY29udHJhY3RzcjgLEhpEZWZpbml0aW9uU25pcHBldEdyb3VwX3Y1NiIYYWN0aXZlLWNvbnRyYWN0IzAwMDAwMDBhDKIBAmVuGAAgAA==", "definition": {"snippet": "means a VARIABLE ANNUITY CONTRACT, other than an EXCLUDED CONTRACT, which is in effect, which has not been terminated due to death, lapse, surrender, the annuitant's reaching the maximum annuitization age, or some other valid contingency, and which has not been annuitized.", "title": "ACTIVE CONTRACT", "size": 95, "id": "active-contract", "examples": ["This Agreement shall not and is not intended to create any legal relationship between the REINSURER and any third party, including without limitation, annuitants, contract owners, certificate owners, beneficiaries, applicants or assignees under any <strong>ACTIVE CONTRACT</strong>.", "REINSURED ACCOUNT VALUE means, for each <strong>ACTIVE CONTRACT</strong>, the sum of the invested assets in the investment funds shown in Schedule B-2 as it appears in the records of CEDING COMPANY, times the REINSURER\u2019s quota share of risk, as shown in Schedule G.", "REINSURED GMIB INCOME BASE means, for each <strong>ACTIVE CONTRACT</strong>, the contractually determined GMIB Benefit Base, subject to the CONTRACT TYPE and GMIB TYPE, times the REINSURER\u2019s quota share of risk, as shown in Schedule G.", "Notwithstanding termination of reinsurance as provided herein, the REINSURER shall continue to be liable to the CEDING COMPANY for all unpaid ADJUSTED GMIB CLAIMS arising as a result of a GMIB EXERCISE of an <strong>ACTIVE CONTRACT</strong> made prior to the date this Agreement is terminated, and the CEDING COMPANY shall continue to be liable to the REINSURER for all unpaid MONTHLY REINSURANCE PREMIUMS earned by the REINSURER, under this Agreement until the date the Agreement is terminated.", "REINSURED ACCOUNT VALUE means, for each <strong>ACTIVE CONTRACT</strong>, the sum of the invested assets in the investment funds shown in Schedule B-2 as it appears in the records of CEDING COMPANY, times the REINSURER\u2019s quota share of risk, as shown in Schedule F.", "EFFECTIVE DATE means March 1, 2005 BUSINESS DAY means any day that securities are traded on the New York Stock Exchange MONTHLY VALUATION DATE means the last BUSINESS DAY of each month REINSURANCE TERM means, for each <strong>ACTIVE CONTRACT</strong>, 25 years measured from the MONTHLY VALUATION DATE following each <strong>ACTIVE CONTRACT</strong>\u2019s inclusion in the Agreement according to Article IV, paragraph A, B, C, or G as applicable.", "For each <strong>ACTIVE CONTRACT</strong>, the excess, if any, of (a) over (b), where (a) is equal to the death benefit payable under that <strong>ACTIVE CONTRACT</strong>, and (b) is equal to the contract value (as determined under that <strong>ACTIVE CONTRACT</strong>).", "Reinsurance of each ANNUITY CONTRACT shall commence on the EFFECTIVE DATE and shall terminate on the earlier to occur of: (i) the TERMINATION DATE; or (ii) the date such ANNUITY CONTRACT ceases to be an <strong>ACTIVE CONTRACT</strong>.", "This Agreement shall not and is not intended to create any legal relationship or confer any rights and obligations between the REINSURER and any third party, including without limitation, annuitants, contract owners, certificate owners, beneficiaries, applicants or assignees under any <strong>ACTIVE CONTRACT</strong>.", "On or before each REMITTANCE DATE, the CEDING COMPANY shall forward to the REINSURER its statement of account and data requirements as set forth in Schedule D, together with its request for reimbursement of the GMBD on each <strong>ACTIVE CONTRACT</strong> as to which there was a LOSS EVENT during the period covered by the CEDING COMPANY&#x27;s statement of account and data requirements."], "related": [["prospective-contractor", "Prospective contractor", "Prospective contractor"], ["selective-contracting-arrangement", "Selective contracting arrangement", "Selective contracting arrangement"], ["derivative-contract", "Derivative Contract", "Derivative Contract"], ["customer-contract", "Customer Contract", "Customer Contract"], ["competitive-contracting", "Competitive contracting", "Competitive contracting"]], "related_snippets": [], "updated": "2025-07-07T00:16:48+00:00"}, "json": true, "cursor": ""}}