Conversion Rates. Annual reinsurance premiums for conversions to plans not reinsured with the Reinsurer, as specified in Article 16.b, shall be the Ceding Company's then current rates for permanent insurance. Reinsurance rates shall be based on the original issue age, duration since issuance of the original policy and the original underwriting classification.
Appears in 1 contract
Sources: Reinsurance Agreement (National Variable Life Insurance Account)
Conversion Rates. Annual reinsurance premiums for conversions to plans not reinsured with the Reinsurer, as specified in Article 16.b, shall be the Ceding Company's ’s then current rates for permanent insurance. Reinsurance rates shall be based on the original issue age, duration since issuance of the original policy and the original underwriting classification.
Appears in 1 contract
Sources: Yearly Renewable Term Reinsurance Agreement (National Variable Life Insurance Account)