NET AMOUNT AT RISK. The policy risk amount reinsured under this Agreement is the net amount at risk, which is determined as of the issue date and each subsequent policy anniversary and is defined as the death benefit minus the contract fund.
Appears in 3 contracts
Samples: Automatic and Facultative (Pruco Life of New Jersey Variable Appreciable Account), Automatic and Facultative (Pruco Life Variable Universal Account), Automatic and Facultative (Pruco Life of New Jersey Variable Appreciable Account)
NET AMOUNT AT RISK. The policy risk amount reinsured under this Agreement is the net amount at risk, which risk is determined as of the issue date and each subsequent policy anniversary and is defined as the death benefit minus the contract fund.
Appears in 2 contracts
Samples: Automatic and Facultative (Pruco Life of New Jersey Variable Appreciable Account), Automatic and Facultative (Pruco Life Variable Universal Account)
