Common use of AUTOMATIC ACCEPTANCE LIMIT Clause in Contracts

AUTOMATIC ACCEPTANCE LIMIT. For any policy to be reinsured under automatic reinsurance, the face amount shall not exceed the Automatic Acceptance Limit as shown in Schedule A.

Appears in 69 contracts

Sources: Yearly Renewable Term Reinsurance Agreement (Pruco Life Variable Universal Account), Reinsurance Agreement (Pruco Life Variable Universal Account), Yearly Renewable Term Reinsurance Agreement (Pruco Life Variable Universal Account)

AUTOMATIC ACCEPTANCE LIMIT. For any policy to be reinsured under automatic reinsurance, the face amount shall not exceed the Automatic Acceptance Limit as shown in Schedule A.A. Y-MPVUL—2003-TOLIC (PRUCO’S 50%)-PLAZ 7

Appears in 1 contract

Sources: Yearly Renewable Term Reinsurance Agreement (Pruco Life Variable Universal Account)