Common use of Guaranteed Minimum Death Benefit and Earnings Preservation Benefit Clause in Contracts

Guaranteed Minimum Death Benefit and Earnings Preservation Benefit. 1. The indemnity cession shall be the share of the MNAR (defined in Article IV) that is generated, prior to the termination of the Reinsurer's liability (defined in Article II), by the Guaranteed Minimum Death Benefit ("GMDB")

Appears in 20 contracts

Samples: Automatic Reinsurance Agreement (New England Variable Annuity Separate Account), Automatic Reinsurance Agreement (Metlife Investors Variable Annuity Account One), Automatic Reinsurance Agreement (Metlife Investors Usa Separate Account A)

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Guaranteed Minimum Death Benefit and Earnings Preservation Benefit. 1. The indemnity cession shall be the share of the MNAR (defined in Article IV) that is generated, prior to the termination of the Reinsurer's liability (defined in Article II), by the Guaranteed Minimum Death Benefit ("GMDB")

Appears in 5 contracts

Samples: Automatic Reinsurance Agreement (New England Variable Annuity Separate Account), Automatic Reinsurance Agreement (Metlife Investors Variable Annuity Account One), Automatic Reinsurance Agreement (Metlife Investors Usa Separate Account A)

Guaranteed Minimum Death Benefit and Earnings Preservation Benefit. 1. The indemnity cession retrocession shall be the share of the MNAR (defined in Article IV) that is generated, prior to the termination of the Reinsurer's Retrocessionaire’s liability (defined in Article II), by the Guaranteed Minimum Death Benefit ("GMDB")”) and Earnings Preservation Benefit (“EPB”) provisions of the Reinsured Contracts, as specified in Schedule A.

Appears in 3 contracts

Samples: Automatic Retrocession Agreement (Brighthouse Variable Annuity Account C), Automatic Retrocession Agreement (Brighthouse Variable Annuity Account C), Automatic Retrocession Agreement (Brighthouse Separate Account A)

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Guaranteed Minimum Death Benefit and Earnings Preservation Benefit. 1. The indemnity cession shall be the share Reinsurer's Percentage of the MNAR (defined in Article IV) that is generated, prior to the termination of the Reinsurer's liability (defined in Article II), by under the Guaranteed Minimum Death Benefit ("GMDB")) and Earnings Preservation Benefit ("EPB") provisions of the Reinsured Contracts.

Appears in 2 contracts

Samples: Automatic Reinsurance Agreement (Metlife Investors Variable Annuity Account One), Reinsurance Agreement (Metlife Investors Variable Annuity Account One)

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