Additional Requirements Applicable to Permanent Plans. If the reason for such rate increase is due to mortality only on any business ceded hereunder, the Company will notify the Reinsurer of its intent to increase rates charged to policyowners. The Reinsurer may increase its rates on a consistent basis. Any increase in current reinsurance premium rates will apply as of the date that the Company's rate increase becomes effective.
Appears in 2 contracts
Sources: Reinsurance Agreement (Usl Separate Account Usl Vl-R), Reinsurance Agreement (Agl Separate Account Vl-R)