Common use of JUMBO LIMITS Clause in Contracts

JUMBO LIMITS. The Ceding Company will not cede any risk automatically if, according to information available to the Ceding Company, the total amount in force and applied for on the joint lives with all insurance companies, including any amount to be replaced, exceeds the applicable amounts shown below. Life ---- ----------------------------------------------- Oldest Issue Jumbo Limit Age ----------------------------------------------- [ages] [dollar amount] ----------------------------------------------- [ages] [dollar amount] ----------------------------------------------- [ages] [dollar amount] ----------------------------------------------- [ages] [dollar amount] -----------------------------------------------

Appears in 1 contract

Sources: Automatic Yrt Reinsurance Agreement (Ids Life of New York Account 8)

JUMBO LIMITS. The Ceding Company will not cede any risk automatically if, according to information available to the Ceding Company, the total amount in force and applied for on the joint lives with all insurance companies, including any amount to be replaced, exceeds the applicable amounts shown below. Life ---- ----------------------------------------------- ------------------------------------------------ Oldest Issue Jumbo Limit Age ----------------------------------------------- ------------------------------------------------ [ages] [dollar amount] ----------------------------------------------- ------------------------------------------------ [ages] [dollar amount] ----------------------------------------------- ------------------------------------------------ [ages] [dollar amount] ----------------------------------------------- ------------------------------------------------ [ages] [dollar amount] -----------------------------------------------------------------------------------------------

Appears in 1 contract

Sources: Automatic Yrt Reinsurance Agreement (Ids Life of New York Account 8)

JUMBO LIMITS. The Ceding Company will not cede any risk automatically if, according to information available to the Ceding Company, the total amount in force and applied for on the joint lives with all insurance companies, including any amount to be replaced, exceeds the applicable amounts shown below. Life ---- ----------------------------------------------- ---------------------------------------------------- Oldest Issue Jumbo Limit Age ----------------------------------------------- ---------------------------------------------------- [ages] [dollar amount] ----------------------------------------------- ---------------------------------------------------- [ages] [dollar amount] ----------------------------------------------- ---------------------------------------------------- [ages] [dollar amount] ----------------------------------------------- ---------------------------------------------------- [ages] [dollar amount] ---------------------------------------------------------------------------------------------------

Appears in 1 contract

Sources: Automatic Yrt Reinsurance Agreement (Ids Life of New York Account 8)