EXHIBIT (G)(2)
REINSURANCE AGREEMENT
[THE REGISTRANT HAS APPLIED FOR CONFIDENTIAL TREATMENT OF CERTAIN TERMS IN THIS
EXHIBIT WITH THE SECURITIES AND EXCHANGE COMMISSION. THE CONFIDENTIAL PORTIONS
OF THIS EXHIBIT ARE MARKED WITH AN ASTERISK [*] AND HAVE BEEN OMITTED. THE
OMITTED PORTIONS OF THIS EXHIBIT HAVE BEEN FILED SEPARATELY WITH THE SECURITIES
AND EXCHANGE COMMISSION PUSRSUANT TO A CONFIDENTIAL TREATMENT REQUEST.]
Amendment 1 to the Automatic Self Administered YRT Reinsurance Agreement
I96127US-08 effective June 1, 2008 between AMERITAS LIFE INSURANCE COMPANY of
Lincoln, Nebraska ("the Company") and SWISS RE LIFE & HEALTH AMERICA INC. of
Hartford, Connecticut ("the Reinsurer").
Effective December [handwritten text "by BHC"] 1, 2008, the following Articles
and Exhibits are revised or added to provide reinsurance terms for the Advisor
VUL and Excel Performance VUL plans:
1) Article 8.2, Recapture, Exhibit A, Business Covered, Exhibit A-1,
Business Guidelines, Exhibit C-2, Rates and Terms for the Advisor VUL
and Excel Performance VUL Plans, Exhibit D, The Company's Retention
Limits, and Exhibit E, Automatic Issue and Acceptance Limits.
All other provisions of the Reinsurance Agreement will continue unchanged.
Made in duplicate and hereby executed by both parties.
AMERITAS LIFE INSURANCE COMPANY
By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ Attest: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇
------------------------------ -----------------------------
Title: 2nd VP Title: 2nd VP
------------------------------ -----------------------------
Date: 12/23/09 Date: 12/28/09
------------------------------ -----------------------------
SWISS RE LIFE & HEALTH AMERICA INC.
By: /s/ ▇▇▇▇▇ ▇. ▇▇▇▇▇▇▇▇ Attest: /s/ ▇▇ ▇▇▇▇▇▇
------------------------------ -----------------------------
Title: VP Title: VP
------------------------------ -----------------------------
Date: 10/15/09 Date: 10/15/09
------------------------------ -----------------------------
ARTICLE 8
8.2 Recapture
The Company may apply an increase in its Retention Limit to reduce the
ceded amount of inforce reinsurance provided that:
a) The Company gives the Reinsurer irrevocable written notice of its
intention to recapture; and
b) Recapture will be effected on the next anniversary of each Reinsured
Policy eligible for recapture unless agreed otherwise by both parties
and with no recapture being made until the Reinsured Policy has been
in force for the period specified in Exhibit C-1. For a conversion or
re-entry, the recapture terms of the original policy will apply and
the duration for the recapture period will be measured from the
effective date of the original policy; and
c) The Company has maintained, from the time the policy was issued, its
full retention as set out in Exhibit D, and has applied its increased
Retention Limit to all categories set out in Exhibit D.
In applying its increased Retention Limit to Reinsured Policies, the age
and mortality rating at the time of issue will be used to determine the
amount of the Company's increased retention. For policies issued on an
excess retention basis, the amount of reinsurance eligible for recapture
will be the difference between the amount originally retained and the
amount the Company would have retained had the new retention been in effect
at the time of issue. For policies issued on a quota share basis, the
amount of reinsurance eligible for recapture will be the difference between
the amount originally retained and the amount the Company would have
retained on the same quota share basis had the new retention been in effect
at the time of issue. The amount of reinsurance eligible for recapture will
be determined based on the reinsurance net amount at risk as of the date of
recapture. If there is reinsurance with other reinsurers on risks eligible
for recapture, the reduction will be applied pro rata to the total
outstanding reinsurance.
Recapture is optional, but if any reinsured business is recaptured, all
eligible reinsured business must be recaptured. In addition, all life risks
reinsured under any other reinsurance agreement between the Reinsurer and
the Company which are eligible for recapture must be similarly recaptured.
No reserves for the recaptured business will be paid to the Company by the
Reinsurer.
Effective as of the recapture date, the Reinsurer will not be liable for
any eligible business which was overlooked. The parties' obligations for
any recaptured business will be limited to those relating to events or
circumstances arising or occurring before the recapture date.
Upon recapture, each party will be deemed to be fully and finally released
from all obligations under this Agreement with respect to the recaptured
business.
Exhibit A
Business Covered
Agreement Effective Date:
June 1, 2008. The commencement dates for specific plans are shown below.
Coverage:
The policies on the plans shown below which have policy issue dates falling in
the period that begins with the Commencement Date and ends with the Termination
Date and that qualify for automatic reinsurance are covered according to the
Basis specified below, provided that the policies are on permanent residents of
the United States.
Basis:
1. For the SGUL Single Life Plan with Issue Ages 0-69, 30% of the excess over
the Company's retention as stated in Exhibit D, to the maximum of the
Automatic Acceptance Limits stated in Exhibit E, applicable to policies on
lives with surnames commencing with the letters A to Z inclusive.
2. For the SGUL Single Life Plan with Issue Ages 70-85, 25% of the excess
over the Company's retention as stated in Exhibit D, to the maximum of the
Automatic Acceptance Limits stated in Exhibit E, applicable to policies on
lives with surnames commencing with the letters A to Z inclusive.
3. For the SGUL Joint Life Plan, 30% of the excess over the Company's
retention as stated in Exhibit D, to the maximum of the Automatic
Acceptance Limits stated in Exhibit E, applicable to policies on lives with
surnames commencing with the letters A to Z inclusive.
4. For policies issued on Advisor VUL and the Excel Performance VUL Plans
which have Death Benefit Options A & B, 25% of the excess over the
Company's retention as stated in Exhibit D, to the maximum of the Automatic
Acceptance Limits stated in Exhibit E, applicable to policies on lives with
surnames commencing with the letters A to Z inclusive.
5. For policies issued on the Advisor VUL and the Excel Performance VUL Plans
which have Death Benefit Option C, the Company will retain the lesser of
the maximum retention specified in Exhibit D or the first $250,000 of each
policy. Amounts in excess of the initial amount retained by the Company on
policies having Death Benefit Option C will be reinsured on a quota share
basis, with the Company retaining an additional 50%, which, when totaled
with the amount retained initially, will not exceed the maximum retention
specified in Exhibit D. The Reinsurer will accept 25% of the 50% reinsured,
not to exceed the Automatic Acceptance Limits stated in Exhibit E,
applicable to policies on lives with surnames commencing with the letters A
to Z inclusive.
Exhibit A
Page 2
Company's State of Domicile: Nebraska
Plans, Riders and Benefits:
Plan Exhibit Reference Basis No. Commencement Termination
Identification for Rates (As specified above) Date Date
SGUL Single Life C-1 1, 2 June 1, 2008
Other Insured Rider
Waiver of Premium
Rider
SGUL Joint Survivor Life C-1 3 June 1, 2008
Policy Split Rider
Estate Protection Rider
Other Insured Rider
Waiver of Premium
Rider
Advisor VUL C-2 4, 5 December 1, 2008
Total Disability Rider
Guaranteed Insurability
Rider
Accounting Benefit Rider
Supplemental Coverage
Rider
Term Insurance Rider
Scheduled Increase Rider
Insurance Exchange Rider
Excel Performance VUL C-2 4, 5 December 1, 2008
Total Disability Rider
Guaranteed Insurability
Rider
Accounting Benefit Rider
Supplemental Coverage
Rider
Term Insurance Rider
Scheduled Increase Rider
Insurance Exchange Rider
Exhibit A-1
Business Guidelines
The Company affirms that the following have been supplied to the Reinsurer and
are in use as of the effective date of this Agreement:
1. Policy Form(s)
2007_Ameritas SGUL2 specimen policy.pdf
AA_Survivor SGUL policy specimen.pdf
4003 Standard Final 043008.pdf
4051 Advisor VUL Standard Final 050508.pdf
2. Policy Application Form(s)
FullUnderwApp2003.pdf
UCL Statement of Intent.pdf
UNIFI 2550 application.pdf
Ameritas 2550 application.pdf
3. Supplemental Benefit and Rider Form(s)
TD 8775 rider_UL.pdf
APSRO1spec.pdf
AEPRO1spec.pdf
AACBRO1STD Final 042108.pdf
ASCRO1STD Ffinal 042108.pdf
ASIRO1STD Final 042108.pdf
ATDBO1.pdf
ATIRO1.pdf
AGIRO1STD Final 042108.pdf
AIERO1.doc
4. Underwriting Requirements Grid (medical and non-medical)
UCL Underwriting Guidelines1.pdf
Current Life UndwGuide Aug 2007.pdf
5. Underwriting Guidelines/Rules
UCL Older age underwriting
Guidelines_Age70+_7 18 07 ▇▇ ▇▇▇▇▇.doc
Undw guidelines_Older age_MAL_0508.pdf
6. Preferred Underwriting Criteria or Rules
Underwriting_Pfd Pfdplus1 102.pdf
UCL Height and weight chart 2005.doc
UCLselect nontobacco 8 23 04.doc
The Company affirms that the following Underwriting Manual is in use as of the
effective date of this Agreement:
Swiss Re
Exhibit C-2
Rates and Terms for the Advisor VUL and Excel Performance VUL Plans
1. Reinsurance Structure: YRT
2. Age Basis: Nearest
3. Premium Mode: Annual in Advance
4. Billing Frequency: Monthly
5. Premiums:
Basic Premiums: The Company will pay to the Reinsurer a basic premium
calculated by multiplying the net amount at risk of the Reinsured Policy,
as defined in the Net Amounts At Risk provision of this Exhibit, by the
appropriate rate from the 2001 VBT (S&U) ANB Rate Table included at the end
of this Exhibit, subject to the percentages shown below. The Company will
continue to pay the appropriate premium to the Reinsurer as long as the
Reinsured Policy is in force.
The following percentages will be applied to the reinsurance premiums
payable hereunder:
[*] First Year Premium
---------------------------------------------------------------------
ISSUE AGES
---------------------------------------------------------------------
UNDERWRITING <▇▇ ▇▇-▇▇ ▇▇-▇▇ ▇▇-▇▇ ▇▇-▇▇ 80+
CLASS
---------------------------------------------------------------------
MALE Preferred Plus [*] [*] [*] [*] [*] [*]
Preferred NT [*] [*] [*] [*] [*] [*]
Select NT [*] [*] [*] [*] [*] [*]
Standard NT [*] [*] [*] [*] [*] [*]
Preferred T [*] [*] [*] [*] [*] [*]
Standard T [*] [*] [*] [*] [*] [*]
FEMALE Preferred Plus [*] [*] [*] [*] [*] [*]
Preferred NT [*] [*] [*] [*] [*] [*]
Select NT [*] [*] [*] [*] [*] [*]
Standard NT [*] [*] [*] [*] [*] [*]
Preferred T [*] [*] [*] [*] [*] [*]
Standard T [*] [*] [*] [*] [*] [*]
---------------------------------------------------------------------
Exhibit C-2
Page 2
Table Extra Premiums/Multiple Extra Premiums:
Any extra premiums payable due to additional mortality risk will be payable to
the Reinsurer.
Table extra premiums are equal to [*] of the standard basic premium for each
assessed table of extra mortality. The Multiple Extra Premium is developed by
adding all Table Extra premiums to the standard basic premium.
Supplementary Rider(s)
For the Term Insurance Rider, the Accounting Benefit Rider, the Supplemental
Coverage Rider and the Scheduled Increase Rider specified in Exhibit A which are
reinsured on a YRT basis, the same basic premium the Company pays the Reinsurer,
as developed above, will apply.
There are no reinsurance premiums due for coverage of the Insurance Exchange
Rider specified in Exhibit A.
For the Total Disability Rider specified in Exhibit A which is coinsured,
premiums will be calculated on the amount reinsured using the same annual rate
the Company charges the policy owner for such coverage. The Reinsurer will pay
the Company the following allowances on this Rider:
Rider Name Policy Year 1 Policy Year 2+
Total Disability Rider [*] [*]
For the Guaranteed Insurability Rider specified in Exhibit A which is reinsured
on a YRT basis, premiums will be calculated on the amount reinsured using the
same annual rate the Company charges the policy owner for such coverage. The
following percentages will be applied to the reinsurance premiums payable
hereunder for this Rider:
Rider Name Policy Year 1 Policy Year 2+
Guaranteed Insurability Rider [*] [*]
6. Other Allowances:
On Multiple Extra Premiums:
Not applicable
On Flat Extra Premiums: When a flat extra premium is payable for 5 years or
less, an allowance of [*] of the gross flat extra charged by the Company
will be made each year. When a flat extra premium is payable for more than
5 years, an allowance of [*] of the gross flat extra charged by the
Company will be made in the first year and an allowance of [*] in each year
thereafter.
Exhibit C-2
Page 3
7. Policy Fee:
There is no policy fee applicable.
8. Net Amounts At Risk: For Variable Benefit Plans, the reinsured net amount
at risk will be the difference between the reinsured face amount and the
account value applicable to the reinsured face amount. The reinsured face
amount is the initial amount reinsured under this Agreement or as reset by
subsequent scheduled or fully underwritten increases. For reinsured net
amount at risk purposes, the account value is that which is in effect for
each reinsurance premium accounting period.
For Universal Life type plans, if the death benefit is Option A, the
reinsured net amount at risk will be the difference between the reinsured
death benefit and the account values applicable to the reinsured face
amount of the policy. If the death benefit is Option B, the reinsured net
amount at risk will be the reinsured death benefit. If the death benefit is
Option C, the reinsured net amount at risk will be the difference between
the share of the death benefit reinsured, specified face amount plus return
of premium, and the account values applicable to the reinsured death
benefit of the policy.
Fluctuations in the amount at risk caused by the normal workings of the
cash value fund in Universal Life type plans will be shared by the Company
and the Reinsurer using the same retention method as for the base policy.
9. Rate Basis: The rates in this subsection are on a non-participating basis.
10. Rate Guarantee: The reinsurance rates set out in this Exhibit are
guaranteed for the first policy year. In subsequent policy years, the
Reinsurer reserves the right to increase the premiums for reinsurance but
not above the statutory net valuation premium applicable to the Reinsured
Policies after increase.
If the Reinsurer exercises its right to increase reinsurance premiums under
this Agreement in an amount greater than that required to ensure that the
Reinsurer will participate in its share of any increases in premium rates,
costs, charges or fees as implemented by the Company for the Reinsured
Policies, the Company may recapture all of the Reinsured Policies on which
reinsurance rates have been increased regardless of the Reinsured Policies'
duration in force. If the Company elects to recapture reinsurance under
this provision, unearned premiums, net of outstanding balances, will be
paid by the party with the positive balance.
11. Deficiency Reserves: No deficiency reserves will be held by the Reinsurer
for the Reinsured Policies.
12. Minimum Recapture Period:
[*] Years
13. YRT Rates For Conversions:
Not Applicable
Exhibit C-2
Page 4
14. Conditions Requiring Claims Consultation: Before conceding liability or
making settlement to the claimant, the Company will seek the Reinsurer's
recommendation if:
a) The claim occurs during the contestable period and the Company is not
contesting the claim; or
b) The claim occurs outside of the United States or Canada; or
c) The claim is one for which there is no body, i.e. the insured is
missing and presumed dead.
15. Special Conditions:
None
2001 Valuation Basic Table Select & Ultimate Age Nearest Birthday
Female Nonsmoker
Issue Age [Annual Premiums per $1,000]
1 2 3 4 5 6 7 8 9 10 11 12 13 14
0 0.41 0.28 0.19 0.13 0.12 0.12 0.12 0.14 0.14 0.14 0.15 0.16 0.20 0.23
1 0.28 0.19 0.12 0.12 0.12 0.12 0.14 0.14 0.14 0.14 0.16 0.20 0.21 0.25
2 0.19 0.12 0.12 0.12 0.12 0.12 0.14 0.14 0.14 0.14 0.18 0.20 0.25 0.27
3 0.12 0.12 0.12 0.12 0.12 0.12 0.14 0.14 0.14 0.17 0.18 0.24 0.27 0.29
4 0.12 0.12 0.12 0.12 0.12 0.12 0.14 0.14 0.16 0.18 0.24 0.26 0.29 0.31
5 0.12 0.12 0.12 0.12 0.12 0.12 0.14 0.15 0.18 0.22 0.26 0.28 0.30 0.31
6 0.12 0.12 0.12 0.12 0.12 0.13 0.15 0.18 0.22 0.26 0.28 0.30 0.31 0.32
7 0.12 0.12 0.12 0.12 0.12 0.15 0.17 0.22 0.26 0.28 0.29 0.30 0.32 0.33
8 0.12 0.12 0.12 0.12 0.13 0.17 0.20 0.25 0.27 0.29 0.30 0.31 0.33 0.33
9 0.12 0.12 0.12 0.13 0.15 0.20 0.25 0.27 0.28 0.29 0.31 0.32 0.33 0.34
10 0.12 0.12 0.13 0.15 0.18 0.24 0.26 0.28 0.28 0.30 0.31 0.32 0.34 0.35
11 0.12 0.13 0.15 0.18 0.24 0.25 0.27 0.28 0.29 0.30 0.31 0.33 0.35 0.35
12 0.13 0.15 0.18 0.24 0.25 0.26 0.27 0.28 0.29 0.30 0.32 0.34 0.35 0.37
13 0.15 0.18 0.24 0.25 0.26 0.26 0.27 0.28 0.29 0.31 0.33 0.34 0.36 0.38
14 0.18 0.24 0.25 0.26 0.26 0.26 0.28 0.28 0.30 0.31 0.33 0.35 0.38 0.40
15 0.24 0.25 0.26 0.26 0.26 0.27 0.28 0.28 0.30 0.31 0.34 0.37 0.39 0.42
16 0.25 0.26 0.26 0.25 0.26 0.27 0.28 0.29 0.31 0.32 0.35 0.38 0.41 0.45
17 0.26 0.26 0.25 0.25 0.26 0.27 0.28 0.30 0.31 0.34 0.37 0.40 0.44 0.47
18 0.25 0.24 0.24 0.25 0.26 0.27 0.28 0.31 0.33 0.36 0.40 0.43 0.47 0.51
19 0.23 0.23 0.24 0.25 0.26 0.27 0.29 0.32 0.35 0.38 0.42 0.46 0.50 0.54
20 0.21 0.22 0.23 0.24 0.25 0.28 0.31 0.34 0.37 0.41 0.45 0.50 0.54 0.57
21 0.19 0.20 0.22 0.24 0.26 0.29 0.33 0.35 0.40 0.43 0.48 0.52 0.57 0.62
22 0.17 0.19 0.22 0.24 0.27 0.31 0.34 0.38 0.42 0.47 0.51 0.56 0.60 0.65
23 0.15 0.18 0.21 0.24 0.28 0.32 0.36 0.41 0.45 0.49 0.54 0.59 0.64 0.69
24 0.14 0.18 0.21 0.25 0.29 0.33 0.38 0.42 0.48 0.52 0.57 0.62 0.67 0.72
25 0.13 0.18 0.21 0.26 0.30 0.35 0.40 0.45 0.50 0.55 0.60 0.64 0.70 0.75
26 0.13 0.18 0.22 0.27 0.31 0.37 0.42 0.46 0.52 0.57 0.62 0.67 0.73 0.78
27 0.14 0.18 0.23 0.28 0.33 0.38 0.43 0.48 0.54 0.59 0.64 0.69 0.76 0.83
28 0.15 0.19 0.24 0.29 0.34 0.39 0.45 0.50 0.55 0.60 0.67 0.73 0.80 0.87
29 0.16 0.21 0.26 0.30 0.35 0.41 0.45 0.52 0.57 0.63 0.69 0.76 0.84 0.93
30 0.17 0.22 0.26 0.32 0.36 0.42 0.47 0.52 0.58 0.66 0.73 0.81 0.90 1.01
31 0.19 0.24 0.28 0.33 0.38 0.43 0.49 0.55 0.61 0.69 0.77 0.87 0.98 1.11
32 0.20 0.24 0.29 0.34 0.39 0.45 0.51 0.57 0.65 0.74 0.84 0.95 1.08 1.22
33 0.21 0.25 0.30 0.35 0.41 0.48 0.55 0.62 0.70 0.81 0.93 1.05 1.20 1.36
34 0.21 0.25 0.30 0.37 0.43 0.50 0.58 0.68 0.77 0.89 1.02 1.17 1.34 1.51
35 0.21 0.26 0.31 0.38 0.45 0.54 0.64 0.75 0.86 0.99 1.14 1.31 1.49 1.70
36 0.21 0.27 0.33 0.41 0.49 0.59 0.70 0.82 0.96 1.11 1.27 1.46 1.67 1.89
37 0.21 0.27 0.34 0.43 0.53 0.65 0.77 0.91 1.06 1.24 1.42 1.63 1.86 2.11
38 0.22 0.29 0.37 0.47 0.58 0.70 0.85 1.00 1.18 1.37 1.58 1.81 2.07 2.34
39 0.23 0.31 0.40 0.52 0.64 0.78 0.94 1.12 1.30 1.52 1.75 2.01 2.29 2.60
40 0.26 0.35 0.45 0.57 0.71 0.86 1.04 1.24 1.45 1.68 1.94 2.22 2.54 2.88
41 0.29 0.39 0.51 0.64 0.79 0.97 1.15 1.36 1.60 1.86 2.15 2.46 2.80 3.18
42 0.32 0.44 0.57 0.72 0.89 1.07 1.29 1.52 1.77 2.06 2.36 2.72 3.09 3.50
43 0.37 0.50 0.65 0.81 1.01 1.21 1.44 1.69 1.97 2.27 2.62 2.99 3.40 3.86
44 0.42 0.56 0.74 0.93 1.13 1.36 1.60 1.88 2.18 2.51 2.89 3.29 3.75 4.24
45 0.47 0.64 0.83 1.04 1.27 1.52 1.79 2.09 2.42 2.78 3.17 3.62 4.11 4.65
46 0.53 0.72 0.94 1.16 1.41 1.69 1.99 2.31 2.67 3.06 3.49 3.98 4.50 5.08
47 0.59 0.80 1.04 1.29 1.57 1.86 2.19 2.54 2.92 3.35 3.82 4.34 4.91 5.53
48 0.66 0.89 1.14 1.42 1.71 2.03 2.38 2.77 3.19 3.65 4.16 4.72 5.34 6.02
49 0.69 0.93 1.25 1.54 1.86 2.20 2.58 2.99 3.44 3.94 4.50 5.11 5.78 6.53
50 0.71 1.03 1.35 1.65 1.99 2.35 2.76 3.20 3.69 4.24 4.84 5.51 6.24 7.06
51 0.76 1.16 1.47 1.77 2.13 2.51 2.94 3.42 3.95 4.54 5.20 5.92 6.73 7.63
52 0.79 1.30 1.59 1.90 2.26 2.66 3.11 3.62 4.20 4.85 5.56 6.36 7.24 8.23
53 0.84 1.39 1.71 2.02 2.39 2.81 3.29 3.84 4.46 5.17 5.95 6.83 7.81 8.90
54 0.88 1.49 1.84 2.15 2.53 2.97 3.48 4.07 4.74 5.50 6.37 7.34 8.43 9.65
55 0.93 1.60 1.98 2.30 2.69 3.15 3.69 4.32 5.05 5.89 6.84 7.92 9.13 10.49
56 1.03 1.72 2.15 2.49 2.89 3.38 3.96 4.64 5.44 6.35 7.40 8.59 9.94 11.48
57 1.09 1.85 2.34 2.69 3.13 3.65 4.28 5.03 5.89 6.89 8.04 9.36 10.86 12.57
58 1.12 1.98 2.53 2.91 3.39 3.97 4.66 5.48 6.42 7.53 8.79 10.25 11.91 13.82
59 1.22 2.10 2.74 3.16 3.68 4.32 5.08 5.98 7.03 8.26 9.66 11.28 13.12 15.22
60 1.28 2.23 2.95 3.40 3.98 4.70 5.55 6.56 7.73 9.09 10.66 12.44 14.52 16.85
61 1.34 2.35 3.15 3.65 4.29 5.09 6.04 7.17 8.50 10.02 11.79 13.79 16.09 18.70
62 1.44 2.49 3.35 3.89 4.60 5.49 6.56 7.83 9.33 11.05 13.04 15.32 17.90 20.83
63 1.61 2.63 3.54 4.12 4.90 5.89 7.10 8.54 10.23 12.20 14.45 17.03 19.94 23.22
64 1.81 3.37 3.75 4.36 5.21 6.31 7.67 9.30 11.22 13.44 16.01 18.94 22.23 25.90
65 2.06 3.58 3.96 4.61 5.54 6.76 8.29 10.14 12.31 14.84 17.76 21.06 24.75 28.92
66 2.16 3.84 4.21 4.90 5.93 7.29 9.02 11.11 13.60 16.46 19.74 23.49 27.67 32.36
67 2.23 4.11 4.48 5.24 6.39 7.93 9.88 12.24 15.03 18.30 22.02 26.22 30.96 36.20
68 2.53 4.41 4.83 5.68 6.96 8.69 10.90 13.57 16.74 20.41 24.60 29.33 34.63 40.49
69 2.85 4.75 5.23 6.19 7.66 9.62 12.10 15.14 18.70 22.83 27.54 32.84 38.73 45.07
70 3.22 5.12 5.71 6.83 8.50 10.74 13.56 16.97 20.99 25.62 30.85 36.77 43.32 49.65
71 3.67 5.55 6.28 7.60 9.54 12.09 15.27 19.12 23.62 28.80 34.64 41.18 48.47 54.62
72 5.55 6.02 6.95 8.52 10.77 13.70 17.31 21.62 26.66 32.43 38.92 46.15 54.13 58.93
73 6.02 6.59 7.75 9.63 12.25 15.58 19.66 24.50 30.12 36.54 43.71 51.68 58.37 65.19
74 6.55 7.28 8.74 10.98 13.99 17.79 22.39 27.81 34.06 41.15 49.06 57.75 64.85 72.03
75 7.13 8.14 9.95 12.59 16.06 20.37 25.53 31.60 38.53 46.37 55.00 64.53 71.88 79.68
[2001 VBT ANB Female Nonsmoker (ages 0 - 75) chart continued on this page]
15 16 17 18 19 20 21 22 23 24 25 Ultimate Attained Age
0.26 0.28 0.31 0.33 0.34 0.36 0.36 0.37 0.38 0.38 0.39 0.39 25
0.28 0.30 0.32 0.33 0.35 0.36 0.37 0.38 0.38 0.38 0.39 0.41 26
0.29 0.32 0.33 0.35 0.35 0.37 0.38 0.38 0.38 0.39 0.40 0.44 27
0.31 0.32 0.34 0.35 0.36 0.37 0.38 0.38 0.39 0.40 0.43 0.45 28
0.32 0.33 0.34 0.36 0.37 0.37 0.38 0.39 0.40 0.43 0.45 0.48 29
0.33 0.34 0.35 0.37 0.37 0.38 0.39 0.40 0.43 0.45 0.48 0.49 30
0.33 0.35 0.36 0.37 0.38 0.39 0.40 0.43 0.45 0.47 0.48 0.52 31
0.34 0.36 0.36 0.38 0.39 0.40 0.43 0.45 0.47 0.48 0.52 0.55 32
0.35 0.36 0.37 0.39 0.40 0.43 0.45 0.47 0.48 0.52 0.54 0.58 33
0.35 0.37 0.39 0.40 0.42 0.45 0.47 0.48 0.52 0.54 0.58 0.63 34
0.36 0.38 0.39 0.42 0.45 0.47 0.48 0.52 0.54 0.58 0.63 0.69 35
0.38 0.39 0.41 0.44 0.47 0.48 0.51 0.54 0.57 0.62 0.68 0.73 36
0.38 0.41 0.44 0.46 0.48 0.51 0.54 0.57 0.62 0.68 0.73 0.80 37
0.40 0.44 0.46 0.48 0.51 0.54 0.57 0.62 0.68 0.73 0.78 0.83 38
0.43 0.46 0.48 0.51 0.54 0.57 0.62 0.68 0.72 0.77 0.82 0.87 39
0.45 0.48 0.51 0.54 0.57 0.62 0.68 0.72 0.77 0.82 0.87 0.92 40
0.48 0.51 0.54 0.57 0.62 0.68 0.72 0.77 0.81 0.87 0.91 0.97 41
0.51 0.54 0.57 0.62 0.68 0.72 0.77 0.81 0.87 0.91 0.97 1.04 42
0.54 0.57 0.62 0.68 0.72 0.77 0.81 0.87 0.91 0.97 1.04 1.12 43
0.57 0.62 0.68 0.72 0.77 0.81 0.87 0.91 0.97 1.04 1.12 1.21 44
0.62 0.68 0.72 0.77 0.81 0.87 0.91 0.97 1.04 1.12 1.21 1.33 45
0.66 0.72 0.76 0.81 0.86 0.91 0.97 1.04 1.12 1.21 1.33 1.47 46
0.70 0.75 0.80 0.86 0.91 0.97 1.04 1.12 1.21 1.33 1.47 1.64 47
0.73 0.79 0.84 0.90 0.97 1.04 1.12 1.21 1.33 1.47 1.64 1.83 48
0.77 0.83 0.88 0.95 1.03 1.12 1.21 1.33 1.47 1.64 1.83 2.04 49
0.80 0.87 0.94 1.02 1.11 1.21 1.33 1.47 1.64 1.83 2.04 2.29 50
0.85 0.92 1.01 1.09 1.21 1.33 1.47 1.64 1.83 2.04 2.29 2.56 51
0.90 0.99 1.08 1.19 1.32 1.47 1.64 1.83 2.04 2.29 2.56 2.88 52
0.96 1.07 1.17 1.31 1.46 1.62 1.83 2.04 2.29 2.56 2.88 3.22 53
1.04 1.15 1.30 1.45 1.61 1.81 2.04 2.29 2.56 2.88 3.22 3.58 54
1.13 1.27 1.43 1.60 1.80 2.02 2.28 2.56 2.87 3.21 3.58 3.96 55
1.25 1.41 1.58 1.79 2.01 2.26 2.55 2.86 3.20 3.57 3.96 4.41 56
1.39 1.56 1.77 1.99 2.24 2.51 2.83 3.18 3.56 3.95 4.40 4.88 57
1.54 1.75 1.97 2.22 2.49 2.80 3.15 3.52 3.94 4.38 4.87 5.39 58
1.72 1.95 2.20 2.47 2.77 3.11 3.49 3.89 4.34 4.82 5.34 5.89 59
1.92 2.17 2.45 2.75 3.08 3.44 3.85 4.30 4.77 5.29 5.83 6.41 60
2.15 2.42 2.73 3.06 3.42 3.81 4.25 4.73 5.23 5.78 6.36 6.97 61
2.39 2.69 3.03 3.39 3.79 4.21 4.68 5.20 5.74 6.31 6.93 7.58 62
2.65 2.99 3.35 3.75 4.18 4.64 5.15 5.69 6.27 6.88 7.53 8.21 63
2.93 3.30 3.71 4.14 4.61 5.11 5.65 6.23 6.84 7.49 8.18 8.90 64
3.24 3.65 4.09 4.56 5.06 5.61 6.19 6.82 7.47 8.16 8.88 9.66 65
3.58 4.03 4.51 5.02 5.57 6.16 6.79 7.45 8.15 8.87 9.65 10.50 66
3.95 4.43 4.95 5.51 6.11 6.75 7.43 8.14 8.87 9.64 10.48 11.42 67
4.35 4.88 5.45 6.06 6.71 7.40 8.12 8.86 9.63 10.47 11.40 12.45 68
4.78 5.35 5.97 6.64 7.35 8.10 8.86 9.63 10.46 11.39 12.41 13.58 69
5.23 5.86 6.55 7.27 8.05 8.86 9.62 10.46 11.37 12.41 13.53 14.84 70
5.72 6.40 7.13 7.93 8.79 9.62 10.46 11.37 12.40 13.52 14.79 16.29 71
6.22 6.96 7.77 8.64 9.59 10.45 11.37 12.40 13.52 14.77 16.24 17.91 72
6.77 7.57 8.44 9.40 10.44 11.37 12.38 13.50 14.77 16.24 17.83 19.67 73
7.35 8.23 9.19 10.24 11.35 12.38 13.50 14.77 16.24 17.83 19.60 21.60 74
7.96 8.93 9.99 11.16 12.37 13.50 14.77 16.24 17.83 19.60 21.56 23.75 75
8.61 9.69 10.87 12.17 13.48 14.77 16.24 17.83 19.60 21.56 23.67 26.10 76
9.33 10.52 11.84 13.30 14.73 16.24 17.83 19.60 21.56 23.67 26.02 28.69 77
10.12 11.44 12.94 14.57 16.18 17.83 19.60 21.56 23.67 26.02 28.57 31.55 78
11.01 12.50 14.15 15.99 17.77 19.58 21.54 23.67 26.02 28.57 31.41 34.64 79
12.01 13.70 15.56 17.62 19.52 21.54 23.67 26.02 28.57 31.41 34.53 38.08 80
13.16 15.06 17.17 19.46 21.45 23.65 25.99 28.57 31.41 34.50 37.92 42.85 81
14.47 16.59 18.97 21.38 23.55 25.96 28.54 31.38 34.50 37.88 41.64 48.24 82
15.93 18.33 20.98 23.47 25.86 28.51 31.35 34.46 37.88 41.64 45.78 53.57 83
17.60 20.26 23.23 25.77 28.39 31.32 34.43 37.84 41.60 45.73 50.27 59.45 84
19.48 22.44 25.66 28.30 31.18 34.39 37.80 41.55 45.73 50.27 55.19 66.09 85
21.63 24.93 28.18 31.09 34.25 37.72 41.51 45.64 50.22 55.19 60.68 72.00 86
24.11 27.79 30.95 34.14 37.61 41.42 45.59 50.16 55.14 60.61 66.69 81.13 87
26.90 30.86 33.99 37.49 41.29 45.49 50.06 55.08 60.55 66.62 73.23 90.64 88
30.02 33.89 37.33 41.16 45.35 49.90 54.97 60.49 66.55 73.16 80.42 100.76 89
33.52 37.21 40.99 45.21 49.75 54.79 60.36 66.42 73.08 80.34 88.40 109.94 90
37.17 40.95 45.16 49.70 54.74 60.30 66.35 73.01 80.34 88.31 97.06 114.02 91
40.95 45.12 49.70 54.74 60.24 66.28 72.93 80.25 88.22 97.06 106.59 122.83 92
45.07 49.65 54.68 60.18 66.28 72.93 80.17 88.22 96.96 106.59 117.16 136.28 93
49.65 54.62 60.18 66.21 72.86 80.17 88.22 96.96 106.59 117.16 128.64 153.46 94
54.62 60.18 66.21 72.86 80.17 88.13 96.86 106.48 117.04 128.64 141.40 174.88 95
59.55 65.87 72.63 80.09 88.13 96.86 106.48 116.92 128.51 141.40 155.11 195.08 96
65.53 72.48 79.93 88.13 96.86 106.48 116.92 128.51 141.26 154.95 170.15 215.88 97
72.26 79.84 88.13 96.86 106.48 116.92 128.51 141.26 154.95 169.98 186.45 217.88 98
79.76 88.04 96.77 106.48 116.80 128.38 141.12 154.80 169.98 186.45 204.53 228.37 99
88.04 96.77 106.48 116.80 128.38 141.12 154.80 169.98 186.45 204.53 224.13 245.85 100
2001 Valuation Basic Table Select & Ultimate Age Nearest Birthday
[Female Nonsmoker]
Issue Age [Annual Premiums per $1,000]
1 2 3 4 5 6 7 8 9 10 11 12 13 14
76 7.87 9.21 11.41 14.48 18.44 23.29 29.04 35.72 43.34 51.87 61.28 71.64 79.60 88.04
77 8.90 10.60 13.21 16.75 21.21 26.62 33.00 40.35 48.65 58.01 68.25 79.49 87.95 96.77
78 10.27 12.36 15.42 19.44 24.46 30.44 37.47 45.54 54.59 64.77 75.80 87.95 96.77 106.37
79 10.80 14.61 18.12 22.65 28.20 34.84 42.55 51.30 61.16 72.11 84.10 96.67 106.26 116.68
80 12.09 17.41 21.37 26.43 32.56 39.80 48.21 57.72 68.37 80.19 93.00 106.15 116.56 127.99
81 13.63 20.82 25.25 30.81 37.56 45.44 54.52 64.78 76.25 88.96 102.71 116.56 127.99 140.55
82 15.34 24.95 29.82 35.91 43.20 51.73 61.51 72.54 84.85 98.47 113.15 127.86 140.40 154.33
83 17.05 29.79 35.16 41.75 49.62 58.80 69.21 81.02 94.17 108.69 124.33 140.40 154.17 169.29
84 21.22 35.12 41.31 48.38 56.76 66.56 77.74 90.33 104.23 119.54 136.13 154.17 169.29 185.89
85 25.52 41.27 48.30 55.79 64.76 75.10 86.96 100.31 115.04 131.25 148.81 167.85 185.70 203.92
86 33.63 48.25 55.79 64.10 73.51 84.52 97.07 111.07 126.61 143.73 162.26 182.33 203.92 223.68
87 39.43 55.73 64.03 73.30 83.19 94.68 107.87 122.60 138.96 156.97 176.47 197.61 220.17 244.33
88 49.69 64.03 73.22 83.10 93.73 105.76 119.50 134.93 152.09 170.99 191.27 213.44 237.11 262.47
89 61.50 73.22 83.10 93.64 105.06 117.60 131.92 148.05 166.01 185.61 207.02 230.03 254.81 281.38
90 73.22 83.10 93.64 105.06 117.23 130.39 145.31 161.98 180.72 201.18 223.34 247.36 273.27 301.05
91 83.10 93.64 105.06 117.23 130.26 143.91 159.40 176.72 196.02 217.34 240.41 265.46 292.20 321.18
92 93.64 105.06 117.23 130.26 143.91 158.29 174.32 192.27 212.11 234.24 258.24 284.03 312.16 342.04
93 105.06 117.23 130.26 143.91 158.29 173.52 189.88 208.43 229.19 251.92 276.55 303.63 332.56 363.64
94 117.23 130.26 143.91 158.29 173.52 189.62 206.45 225.38 246.83 270.09 295.88 323.66 353.69 385.97
95 130.26 143.91 158.29 173.52 189.62 206.45 223.65 243.11 264.98 289.27 315.66 344.42 375.54 409.03
96 143.91 158.29 173.52 189.62 206.45 223.65 241.65 261.64 284.17 308.92 336.16 365.90 398.12 432.83
97 158.29 173.52 189.62 206.45 223.65 241.65 260.46 280.96 303.82 329.30 357.39 388.10 421.42 457.36
98 173.52 189.62 206.45 223.65 241.65 260.46 280.09 300.78 324.22 350.40 379.34 411.02 445.45 482.63
99 189.62 206.45 223.65 241.65 260.46 280.09 300.24 321.36 345.36 372.24 402.01 434.66 470.20 508.63
[2001 VBT ANB Female Nonsmoker (ages 76 - 99) chart continued on this page]
15 16 17 18 19 20 21 22 23 24 25 Ultimate Attained Age
96.77 106.37 116.80 128.38 140.97 154.80 169.81 186.26 204.33 224.13 245.85 269.42 101
106.37 116.80 128.25 140.97 154.64 169.81 186.26 204.33 224.13 245.85 269.42 295.54 102
116.68 128.25 140.83 154.64 169.64 186.26 204.33 224.13 245.61 269.42 295.24 323.87 103
128.12 140.83 154.48 169.64 186.07 204.33 224.13 245.61 269.42 295.24 323.22 354.91 104
140.55 154.48 169.47 186.07 204.12 223.91 245.61 269.42 295.24 322.57 354.91 388.35 105
154.33 169.47 186.07 204.12 223.91 245.61 269.42 295.24 322.25 354.91 388.35 422.59 106
169.47 185.89 204.12 223.91 245.61 269.42 295.24 321.60 354.91 388.35 422.59 457.63 107
185.89 204.12 223.91 245.61 269.42 295.24 320.96 354.91 388.35 422.59 457.63 492.87 108
203.92 223.91 245.61 269.15 295.24 320.31 354.91 388.35 422.59 457.63 492.87 529.51 109
223.68 245.61 269.15 295.24 319.98 354.91 388.35 422.59 457.63 492.87 529.51 566.95 110
245.36 269.15 295.24 319.34 354.91 388.35 422.59 457.63 492.87 529.51 566.95 603.00 111
269.15 295.24 318.69 354.91 388.35 422.16 457.17 492.87 529.51 566.95 603.00 638.00 112
289.53 318.30 348.43 380.22 413.65 448.74 485.48 523.87 563.92 603.00 638.00 670.00 113
309.73 339.55 371.11 404.40 439.43 476.21 514.72 554.96 596.95 638.00 670.00 714.50 114
330.39 361.57 394.57 429.40 466.07 504.56 544.89 587.04 631.03 670.00 714.50 756.00 115
351.80 384.34 418.82 455.22 493.55 533.81 575.99 620.10 666.14 714.10 756.00 799.00 116
373.95 407.89 443.86 481.86 521.88 563.94 608.03 654.14 702.29 752.46 799.00 846.00 117
396.85 432.20 469.69 509.31 551.07 594.97 641.00 689.17 739.47 791.91 846.00 889.48 118
420.50 457.27 496.30 537.58 581.10 626.88 674.90 725.17 777.69 832.46 889.48 933.63 119
444.89 483.12 523.71 566.67 611.99 659.68 709.74 762.16 816.95 874.11 933.63 1000.00 120
470.03 509.72 551.90 596.57 643.73 693.38 745.51 800.14 857.25 916.85 1000.00 1000.00
495.92 537.10 580.89 627.30 676.32 727.96 782.22 839.09 898.58 1000.00 1000.00 1000.00
522.56 565.24 610.66 658.84 709.76 763.43 819.86 879.03 1000.00 1000.00 1000.00 1000.00
549.94 594.14 641.23 691.20 744.06 799.80 858.43 1000.00 1000.00 1000.00 1000.00 1000.00
2001 Valuation Basic Table Select & Ultimate Age Nearest Birthday
Female Smoker
Issue Age [Annual Premiums per $1,000]
1 2 3 4 5 6 7 8 9 10 11 12 13 14
0 0.41 0.28 0.19 0.13 0.12 0.12 0.12 0.14 0.14 0.14 0.15 0.16 0.20 0.23
1 0.28 0.19 0.12 0.12 0.12 0.12 0.14 0.14 0.14 0.14 0.16 0.20 0.21 0.25
2 0.19 0.12 0.12 0.12 0.12 0.12 0.14 0.14 0.14 0.14 0.18 0.20 0.25 0.27
3 0.12 0.12 0.12 0.12 0.12 0.12 0.14 0.14 0.14 0.17 0.18 0.24 0.27 0.31
4 0.12 0.12 0.12 0.12 0.12 0.12 0.14 0.14 0.16 0.18 0.24 0.26 0.31 0.34
5 0.12 0.12 0.12 0.12 0.12 0.12 0.14 0.15 0.18 0.22 0.26 0.30 0.33 0.37
6 0.12 0.12 0.12 0.12 0.12 0.13 0.15 0.18 0.22 0.26 0.30 0.33 0.37 0.40
7 0.12 0.12 0.12 0.12 0.12 0.15 0.17 0.22 0.26 0.30 0.32 0.36 0.40 0.43
8 0.12 0.12 0.12 0.12 0.13 0.17 0.20 0.25 0.29 0.32 0.36 0.39 0.43 0.46
9 0.12 0.12 0.12 0.13 0.15 0.20 0.25 0.29 0.31 0.35 0.39 0.41 0.46 0.49
10 0.12 0.12 0.13 0.15 0.18 0.24 0.27 0.31 0.34 0.38 0.40 0.44 0.49 0.52
11 0.12 0.13 0.15 0.18 0.24 0.26 0.30 0.34 0.36 0.40 0.43 0.47 0.52 0.55
12 0.13 0.15 0.18 0.24 0.26 0.29 0.33 0.35 0.39 0.42 0.46 0.50 0.55 0.59
13 0.15 0.18 0.24 0.26 0.29 0.31 0.34 0.38 0.40 0.45 0.49 0.53 0.58 0.63
14 0.18 0.24 0.26 0.29 0.30 0.33 0.36 0.39 0.43 0.46 0.52 0.57 0.62 0.67
15 0.24 0.26 0.29 0.30 0.33 0.35 0.38 0.40 0.45 0.49 0.55 0.60 0.66 0.71
16 0.26 0.29 0.30 0.32 0.34 0.37 0.39 0.43 0.48 0.52 0.57 0.64 0.70 0.77
17 0.29 0.30 0.32 0.33 0.35 0.38 0.42 0.46 0.51 0.56 0.62 0.69 0.76 0.83
18 0.29 0.31 0.32 0.34 0.37 0.39 0.44 0.50 0.55 0.60 0.67 0.75 0.82 0.91
19 0.29 0.31 0.33 0.36 0.38 0.42 0.47 0.52 0.59 0.64 0.73 0.81 0.90 0.98
20 0.28 0.30 0.33 0.36 0.40 0.46 0.51 0.56 0.63 0.70 0.79 0.89 0.98 1.06
21 0.26 0.29 0.33 0.37 0.42 0.48 0.55 0.60 0.69 0.76 0.85 0.95 1.04 1.15
22 0.25 0.28 0.34 0.39 0.45 0.51 0.58 0.66 0.75 0.84 0.93 1.03 1.12 1.23
23 0.23 0.28 0.33 0.40 0.47 0.54 0.62 0.71 0.80 0.90 0.99 1.11 1.20 1.31
24 0.22 0.29 0.35 0.42 0.49 0.58 0.66 0.75 0.86 0.96 1.07 1.16 1.28 1.37
25 0.21 0.29 0.36 0.44 0.53 0.61 0.72 0.81 0.92 1.02 1.13 1.22 1.33 1.45
26 0.21 0.29 0.38 0.46 0.55 0.65 0.76 0.85 0.96 1.08 1.19 1.28 1.41 1.53
27 0.23 0.31 0.40 0.48 0.59 0.69 0.78 0.89 1.01 1.12 1.23 1.35 1.48 1.63
28 0.25 0.33 0.42 0.52 0.61 0.71 0.82 0.93 1.05 1.16 1.29 1.43 1.58 1.73
29 0.27 0.37 0.45 0.54 0.65 0.75 0.85 0.98 1.09 1.22 1.35 1.51 1.68 1.87
30 0.30 0.39 0.47 0.58 0.67 0.78 0.89 1.00 1.13 1.28 1.43 1.61 1.81 2.04
31 0.34 0.42 0.51 0.60 0.71 0.82 0.93 1.06 1.19 1.36 1.53 1.74 1.99 2.26
32 0.36 0.44 0.53 0.64 0.73 0.86 0.99 1.12 1.29 1.48 1.69 1.93 2.20 2.51
33 0.38 0.46 0.55 0.66 0.79 0.92 1.06 1.22 1.40 1.63 1.88 2.15 2.47 2.82
34 0.38 0.47 0.58 0.70 0.83 0.98 1.14 1.35 1.56 1.81 2.09 2.42 2.79 3.18
35 0.38 0.49 0.60 0.74 0.89 1.07 1.27 1.50 1.75 2.04 2.36 2.73 3.14 3.59
36 0.39 0.51 0.64 0.80 0.97 1.17 1.41 1.67 1.95 2.28 2.64 3.04 3.51 3.99
37 0.41 0.54 0.68 0.86 1.06 1.30 1.56 1.86 2.18 2.56 2.96 3.41 3.89 4.45
38 0.44 0.58 0.74 0.94 1.18 1.44 1.74 2.07 2.45 2.84 3.29 3.78 4.33 4.92
39 0.48 0.64 0.82 1.06 1.32 1.61 1.95 2.32 2.71 3.18 3.67 4.21 4.79 5.45
40 0.54 0.72 0.94 1.20 1.48 1.81 2.18 2.59 3.04 3.53 4.06 4.65 5.30 6.01
41 0.62 0.82 1.08 1.36 1.67 2.04 2.43 2.88 3.38 3.93 4.51 5.16 5.86 6.61
42 0.70 0.96 1.24 1.56 1.91 2.30 2.75 3.23 3.77 4.36 4.99 5.70 6.45 7.27
43 0.82 1.10 1.42 1.78 2.19 2.62 3.10 3.64 4.21 4.84 5.54 6.28 7.10 7.98
44 0.95 1.27 1.64 2.06 2.49 2.97 3.49 4.07 4.70 5.38 6.12 6.92 7.80 8.75
45 1.09 1.47 1.89 2.34 2.83 3.37 3.93 4.56 5.24 5.97 6.75 7.62 8.56 9.57
46 1.23 1.67 2.14 2.63 3.18 3.76 4.39 5.05 5.79 6.57 7.42 8.34 9.33 10.40
47 1.40 1.88 2.39 2.94 3.55 4.18 4.85 5.57 6.36 7.21 8.10 9.09 10.14 11.28
48 1.58 2.11 2.67 3.28 3.90 4.59 5.31 6.10 6.94 7.84 8.82 9.85 10.99 12.20
49 1.66 2.23 2.94 3.59 4.27 5.00 5.77 6.60 7.51 8.48 9.52 10.65 11.86 13.17
50 1.75 2.50 3.21 3.88 4.60 5.37 6.20 7.10 8.06 9.12 10.23 11.46 12.76 14.17
51 1.87 2.84 3.53 4.20 4.96 5.76 6.65 7.60 8.64 9.76 10.97 12.29 13.71 15.24
52 1.98 3.20 3.86 4.54 5.30 6.14 7.06 8.08 9.21 10.43 11.73 13.15 14.70 16.37
53 2.13 3.47 4.20 4.87 5.65 6.53 7.50 8.58 9.78 11.11 12.53 14.09 15.78 17.60
54 2.27 3.76 4.56 5.23 6.02 6.93 7.98 9.13 10.41 11.83 13.40 15.12 16.97 19.00
55 2.40 4.08 4.96 5.63 6.46 7.40 8.50 9.72 11.11 12.67 14.38 16.27 18.32 20.54
56 2.63 4.30 5.29 5.98 6.82 7.81 8.97 10.28 11.79 13.47 15.34 17.41 19.67 22.16
57 2.72 4.53 5.64 6.35 7.25 8.30 9.54 10.96 12.58 14.40 16.43 18.71 21.22 23.96
58 2.75 4.78 5.99 6.76 7.73 8.87 10.20 11.76 13.51 15.51 17.71 20.19 22.95 25.99
59 2.91 4.97 6.36 7.20 8.22 9.49 10.94 12.64 14.56 16.76 19.20 21.92 24.95 28.27
60 3.00 5.15 6.70 7.60 8.74 10.13 11.75 13.62 15.75 18.18 20.87 23.86 27.20 30.85
61 3.07 5.34 7.01 7.99 9.25 10.78 12.57 14.65 17.05 19.75 22.74 26.07 29.73 33.79
62 3.24 5.51 7.31 8.35 9.71 11.41 13.41 15.74 18.42 21.44 24.79 28.49 32.60 37.09
63 3.55 5.69 7.56 8.67 10.14 12.01 14.24 16.86 19.87 23.29 27.05 31.21 35.79 40.78
64 3.89 7.13 7.83 8.98 10.57 12.62 15.11 18.05 21.44 25.27 29.50 34.18 39.29 44.86
65 4.32 7.42 8.09 9.29 11.02 13.27 16.03 19.32 23.12 27.47 32.20 37.44 43.14 49.34
66 4.44 7.77 8.40 9.64 11.49 13.93 16.96 20.57 24.76 29.50 34.74 40.49 46.75 53.54
67 4.48 8.14 8.74 10.06 12.06 14.73 18.05 22.00 26.57 31.75 37.50 43.79 50.65 58.03
68 4.97 8.53 9.18 10.61 12.78 15.70 19.33 23.65 28.64 34.26 40.52 47.39 54.85 62.81
69 5.49 8.96 9.70 11.28 13.69 16.88 20.84 25.53 30.93 37.02 43.83 51.23 59.31 67.67
70 6.04 9.43 10.31 12.09 14.77 18.29 22.62 27.72 33.57 40.10 47.41 55.43 64.02 71.97
71 6.73 9.96 11.04 13.08 16.09 19.96 24.69 30.20 36.46 43.43 51.28 59.85 69.06 76.47
72 9.91 10.53 11.89 14.26 17.62 21.89 27.03 33.00 39.68 47.06 55.46 64.53 74.25 81.13
73 10.48 11.21 12.89 15.65 19.41 24.11 29.68 36.04 43.16 50.93 59.85 69.45 79.63 84.52
74 11.10 12.04 14.12 17.29 21.48 26.63 32.62 39.42 46.93 55.04 64.43 74.54 84.25 86.41
75 11.76 13.10 15.61 19.22 23.85 29.42 35.83 43.03 50.87 59.32 69.19 79.74 85.59 95.85
[2001 VBT ANB Female Smoker (ages 0 - 75) chart continued on this page]
15 16 17 18 19 20 21 22 23 24 25 Ultimate Attained Age
0.26 0.28 0.33 0.37 0.41 0.45 0.48 0.51 0.54 0.56 0.60 0.64 25
0.28 0.32 0.36 0.40 0.44 0.48 0.51 0.54 0.56 0.59 0.62 0.68 26
0.31 0.36 0.40 0.44 0.46 0.51 0.54 0.56 0.59 0.62 0.67 0.73 27
0.34 0.38 0.42 0.46 0.49 0.53 0.56 0.59 0.62 0.67 0.72 0.77 28
0.38 0.41 0.45 0.49 0.53 0.56 0.59 0.62 0.67 0.72 0.77 0.83 29
0.41 0.45 0.48 0.53 0.56 0.59 0.62 0.67 0.72 0.77 0.83 0.86 30
0.44 0.48 0.51 0.56 0.59 0.62 0.66 0.72 0.76 0.82 0.84 0.94 31
0.47 0.51 0.54 0.59 0.62 0.66 0.72 0.76 0.82 0.84 0.92 1.00 32
0.50 0.54 0.58 0.62 0.66 0.72 0.76 0.82 0.84 0.92 0.99 1.08 33
0.53 0.58 0.62 0.66 0.70 0.76 0.82 0.84 0.92 0.99 1.07 1.17 34
0.56 0.61 0.65 0.70 0.76 0.82 0.84 0.92 0.99 1.07 1.17 1.30 35
0.61 0.65 0.69 0.74 0.82 0.84 0.92 0.98 1.06 1.15 1.28 1.40 36
0.63 0.69 0.74 0.80 0.84 0.92 0.98 1.06 1.15 1.28 1.38 1.53 37
0.67 0.74 0.80 0.84 0.92 0.98 1.06 1.15 1.28 1.38 1.50 1.60 38
0.73 0.80 0.84 0.92 0.98 1.06 1.15 1.28 1.38 1.48 1.58 1.70 39
0.78 0.84 0.92 0.98 1.06 1.15 1.28 1.37 1.47 1.57 1.69 1.80 40
0.84 0.92 0.98 1.06 1.15 1.28 1.37 1.47 1.57 1.69 1.79 1.92 41
0.92 0.98 1.06 1.15 1.28 1.37 1.47 1.57 1.69 1.79 1.91 2.07 42
0.98 1.06 1.15 1.28 1.37 1.47 1.57 1.69 1.79 1.91 2.07 2.24 43
1.06 1.15 1.28 1.37 1.47 1.57 1.69 1.79 1.91 2.07 2.24 2.45 44
1.15 1.28 1.37 1.47 1.57 1.69 1.79 1.91 2.07 2.24 2.45 2.69 45
1.25 1.36 1.46 1.57 1.68 1.79 1.91 2.07 2.24 2.45 2.69 2.96 46
1.33 1.44 1.55 1.67 1.78 1.91 2.07 2.24 2.45 2.69 2.96 3.30 47
1.41 1.52 1.63 1.77 1.91 2.07 2.24 2.45 2.69 2.96 3.30 3.74 48
1.48 1.62 1.73 1.88 2.06 2.24 2.45 2.69 2.96 3.30 3.74 4.23 49
1.56 1.71 1.85 2.02 2.23 2.45 2.69 2.96 3.30 3.74 4.23 4.77 50
1.66 1.82 2.01 2.20 2.45 2.69 2.96 3.30 3.74 4.23 4.77 5.36 51
1.78 1.97 2.18 2.42 2.69 2.96 3.30 3.74 4.23 4.77 5.36 6.00 52
1.92 2.15 2.38 2.67 2.96 3.30 3.74 4.23 4.77 5.36 6.00 6.69 53
2.10 2.35 2.66 2.96 3.30 3.74 4.23 4.77 5.36 6.00 6.69 7.43 54
2.31 2.60 2.96 3.30 3.74 4.23 4.77 5.36 6.00 6.69 7.43 8.22 55
2.57 2.92 3.30 3.74 4.23 4.77 5.36 6.00 6.69 7.43 8.22 9.06 56
2.88 3.27 3.74 4.23 4.77 5.36 6.00 6.69 7.43 8.22 9.06 9.95 57
3.23 3.69 4.19 4.77 5.36 6.00 6.69 7.43 8.22 9.06 9.95 10.81 58
3.63 4.15 4.72 5.36 6.00 6.69 7.43 8.22 9.06 9.95 10.81 11.77 59
4.09 4.68 5.31 6.00 6.69 7.43 8.22 9.06 9.95 10.81 11.77 12.76 60
4.56 5.18 5.87 6.69 7.43 8.22 9.06 9.95 10.81 11.77 12.76 13.78 61
5.05 5.72 6.46 7.43 8.15 9.06 9.95 10.81 11.77 12.76 13.78 14.94 62
5.57 6.31 7.09 7.96 8.89 9.89 10.81 11.77 12.76 13.78 14.94 16.09 63
6.14 6.93 7.77 8.68 9.67 10.73 11.72 12.76 13.78 14.94 16.09 17.30 64
6.76 7.59 8.50 9.47 10.50 11.62 12.66 13.78 14.91 16.09 17.30 18.62 65
7.44 8.33 9.29 10.31 11.40 12.57 13.69 14.87 16.09 17.30 18.62 20.03 66
8.16 9.11 10.12 11.20 12.36 13.56 14.79 16.05 17.30 18.61 20.03 21.61 67
8.94 9.95 11.03 12.18 13.38 14.65 15.94 17.24 18.57 20.00 21.58 23.35 68
9.77 10.85 11.99 13.20 14.48 15.80 17.14 18.48 19.93 21.53 23.27 25.24 69
10.64 11.79 13.02 14.30 15.63 17.01 18.36 19.82 21.44 23.19 25.13 27.35 70
11.56 12.77 14.06 15.44 16.89 18.23 19.70 21.31 23.07 25.02 27.21 29.77 71
12.51 13.80 15.18 16.64 18.20 19.55 21.17 22.94 24.88 27.07 29.58 32.44 72
13.51 14.90 16.35 17.92 19.43 20.99 22.77 24.71 26.91 29.43 32.19 35.32 73
14.58 16.06 17.63 19.32 20.90 22.55 24.44 26.69 29.20 31.98 35.01 38.47 74
15.70 17.29 19.00 20.82 22.51 24.18 26.42 28.91 31.64 34.64 37.92 41.62 75
16.89 18.63 20.48 22.46 23.94 26.15 28.61 31.32 34.26 37.51 41.05 45.06 76
18.17 20.07 22.12 23.69 25.88 28.34 31.02 33.91 37.10 40.60 44.41 48.75 77
19.58 21.67 23.44 25.62 28.04 30.71 33.62 36.71 40.15 43.91 48.03 52.71 78
21.17 23.19 25.37 27.76 30.43 33.33 36.44 39.73 43.45 47.49 51.95 57.00 79
22.96 25.10 27.49 30.13 33.04 36.19 39.50 42.98 46.98 51.36 56.14 61.60 80
24.85 27.22 29.87 32.77 35.92 39.28 42.82 46.59 50.90 55.60 60.73 68.21 81
26.95 29.58 32.48 35.67 39.08 42.68 46.56 50.74 55.13 60.18 65.64 75.39 82
29.31 32.19 35.40 38.85 42.54 46.50 50.54 54.99 59.70 65.08 70.94 82.33 83
31.93 35.13 38.62 42.41 46.44 50.37 54.81 59.55 64.64 70.37 76.65 89.79 84
34.88 38.43 42.27 46.38 50.18 54.63 59.35 64.43 69.76 75.77 82.28 97.26 85
38.21 42.12 46.32 50.01 54.45 59.15 64.21 69.52 75.61 81.48 89.55 103.32 86
41.98 46.27 49.85 54.27 58.95 64.00 69.28 75.45 81.25 88.99 95.39 113.27 87
46.19 49.68 54.09 58.80 63.82 69.05 75.30 80.97 88.49 94.77 101.91 123.15 88
49.51 53.91 58.60 63.61 68.81 75.14 80.68 87.93 94.23 101.24 108.73 133.05 89
53.73 58.40 63.39 68.57 74.99 80.46 87.37 93.61 100.56 108.57 116.37 140.84 90
58.20 63.22 68.34 74.83 80.17 86.81 93.07 99.82 108.07 115.83 124.06 141.74 91
63.00 68.10 74.68 79.89 86.31 92.45 99.14 107.33 115.20 123.37 132.07 148.21 92
67.91 73.90 79.60 85.75 91.90 98.47 106.60 114.39 122.58 131.32 140.94 159.17 93
72.96 78.69 84.81 91.29 97.79 105.69 113.49 121.70 130.45 140.35 150.04 173.34 94
77.61 83.69 90.20 97.12 104.54 112.41 121.01 130.13 139.76 149.52 159.59 195.42 95
82.44 88.90 95.85 103.15 111.06 119.43 128.94 139.17 149.00 159.16 172.24 215.44 96
84.80 94.35 101.67 109.53 117.85 126.67 137.16 148.48 158.88 171.15 185.85 235.59 97
87.24 99.95 107.74 115.98 124.84 134.20 145.89 158.45 170.06 183.80 202.91 234.92 98
97.90 105.76 113.91 122.68 132.07 142.00 154.90 168.97 181.75 200.85 218.88 243.25 99
99.28 112.83 121.92 131.48 141.61 154.33 164.30 179.88 196.92 215.60 236.03 258.65 100
2001 Valuation Basic Table Select & Ultimate Age Nearest Birthday
[Female Smoker]
Issue Age [Annual Premiums per $1,000]
1 2 3 4 5 6 7 8 9 10 11 12 13 14
76 12.80 14.61 17.64 21.81 27.00 33.19 40.24 48.05 56.56 65.71 76.26 84.77 93.96 98.92
77 14.25 16.56 20.12 24.87 30.69 37.47 45.15 53.62 62.83 72.62 83.99 92.00 98.56 110.66
78 16.20 19.05 23.15 28.45 34.89 42.32 50.61 59.77 69.62 80.18 90.15 98.27 109.58 119.44
79 16.77 22.14 26.82 32.68 39.70 47.74 56.68 66.52 77.08 88.29 97.93 108.49 118.68 129.11
80 17.65 25.98 31.15 37.57 45.14 53.85 63.39 73.84 85.07 96.99 107.43 117.93 128.64 139.54
81 19.71 30.61 36.27 43.20 51.33 60.57 70.74 81.85 93.76 106.39 117.14 128.04 139.15 151.49
82 22.17 36.08 42.17 49.59 58.25 68.01 78.76 90.49 102.98 116.31 127.41 138.76 151.06 162.74
83 24.58 41.11 48.94 56.78 65.87 76.21 87.43 99.70 112.91 126.92 138.33 150.64 162.58 176.12
84 28.58 48.28 56.58 64.75 74.31 85.07 96.79 109.62 123.33 137.99 150.06 162.27 175.78 190.38
85 34.59 56.37 63.65 73.57 83.45 94.62 106.81 120.04 134.45 149.60 162.06 175.30 189.63 205.35
86 45.77 62.50 72.82 83.15 93.33 106.43 117.47 131.18 146.00 161.90 174.86 188.94 205.35 225.03
87 50.17 72.07 82.82 93.21 106.14 117.14 128.63 142.77 158.09 174.56 188.37 203.17 221.49 245.56
88 63.59 82.56 93.06 105.80 116.83 128.40 140.38 154.89 170.68 187.70 202.23 217.94 238.30 263.53
89 79.03 92.98 105.46 116.54 128.21 140.21 152.79 167.66 183.75 201.29 216.58 233.49 255.83 282.50
90 92.83 105.03 116.25 127.89 140.03 152.60 165.59 180.78 197.26 215.12 231.40 249.35 280.10 301.65
91 104.69 115.97 127.68 139.79 152.34 165.32 180.31 194.17 211.00 229.54 246.67 272.37 296.00 321.18
92 115.68 127.46 139.67 152.21 165.03 179.88 193.81 208.12 225.10 244.10 265.22 288.01 312.16 342.04
93 127.25 139.44 151.94 164.74 179.40 193.29 207.46 222.24 239.52 258.98 280.43 303.63 332.56 363.64
94 139.20 151.81 164.45 178.92 192.76 206.97 221.58 236.68 254.25 273.87 295.88 323.66 353.69 385.97
95 151.55 164.16 178.44 192.41 206.59 220.96 235.76 251.15 269.23 289.27 315.66 344.42 375.54 409.03
96 163.87 177.64 191.89 206.02 220.34 235.09 250.36 266.09 284.17 308.92 336.16 365.90 398.12 432.83
97 176.52 190.84 205.45 219.72 234.19 249.64 265.15 280.96 303.82 329.30 357.39 388.10 421.42 457.36
98 189.44 204.11 219.09 233.29 248.91 264.63 280.09 300.78 324.22 350.40 379.34 411.02 445.45 482.63
99 202.40 217.44 232.62 248.18 263.85 280.09 300.24 321.36 345.36 372.24 402.01 434.66 470.20 508.63
[2001 VBT ANB Female Smoker (ages 76 - 99) chart continued on this page]
15 16 17 18 19 20 21 22 23 24 25 Ultimate Attained Age
111.74 121.06 130.88 141.22 153.91 163.98 179.02 195.80 214.16 234.24 256.19 279.94 101
120.30 130.29 140.83 153.48 163.83 178.51 195.05 213.14 233.11 254.71 278.05 303.22 102
129.70 140.44 152.91 163.67 178.17 194.30 212.52 232.22 253.48 276.70 301.75 328.08 103
140.05 152.48 163.36 177.83 193.74 211.50 231.54 252.74 275.89 300.56 327.11 354.91 104
152.06 163.21 177.32 192.99 210.47 229.97 252.25 275.08 299.97 326.78 354.91 388.35 105
162.89 176.97 192.25 209.45 228.40 250.04 274.81 299.68 326.46 354.91 388.35 422.59 106
176.46 191.69 208.22 226.83 247.82 271.85 299.09 326.14 354.91 388.35 422.59 457.63 107
190.94 207.19 225.48 246.59 270.23 296.72 325.81 354.91 388.35 422.59 457.63 492.87 108
206.17 225.03 246.59 270.23 296.13 324.52 354.91 388.35 422.59 457.63 492.87 529.51 109
225.03 246.59 270.23 296.13 324.52 354.91 388.35 422.59 457.63 492.87 529.51 566.95 110
246.59 270.23 296.13 324.52 354.91 388.35 422.59 457.63 492.87 529.51 566.95 603.00 111
270.23 296.13 324.52 354.91 388.35 422.16 457.17 492.87 529.51 566.95 603.00 638.00 112
290.40 318.94 348.43 380.22 413.65 448.74 485.48 523.87 563.92 603.00 638.00 670.00 113
310.35 339.55 371.11 404.40 439.43 476.21 514.72 554.96 596.95 638.00 670.00 714.50 114
330.39 361.57 394.57 429.40 466.07 504.56 544.89 587.04 631.03 670.00 714.50 756.00 115
351.80 384.34 418.82 455.22 493.55 533.81 575.99 620.10 666.14 714.10 756.00 799.00 116
373.95 407.89 443.86 481.86 521.88 563.94 608.03 654.14 702.29 752.46 799.00 846.00 117
396.85 432.20 469.69 509.31 551.07 594.97 641.00 689.17 739.47 791.91 846.00 889.48 118
420.50 457.27 496.30 537.58 581.10 626.88 674.90 725.17 777.69 832.46 889.48 933.63 119
444.89 483.12 523.71 566.67 611.99 659.68 709.74 762.16 816.95 874.11 933.63 1000.00 120
470.03 509.72 551.90 596.57 643.73 693.38 745.51 800.14 857.25 916.85 1000.00 1000.00
495.92 537.10 580.89 627.30 676.32 727.96 782.22 839.09 898.58 1000.00 1000.00 1000.00
522.56 565.24 610.66 658.84 709.76 763.43 819.86 879.03 1000.00 1000.00 1000.00 1000.00
549.94 594.14 641.23 691.20 744.06 799.80 858.43 1000.00 1000.00 1000.00 1000.00 1000.00
2001 Valuation Basic Table Select & Ultimate Age Nearest Birthday
Male Nonsmoker
Issue Age [Annual Premiums per $1,000]
1 2 3 4 5 6 7 8 9 10 11 12 13 14
0 0.90 0.49 0.32 0.20 0.14 0.14 0.15 0.15 0.15 0.16 0.16 0.20 0.26 0.31
1 0.40 0.29 0.19 0.14 0.14 0.14 0.15 0.15 0.15 0.16 0.18 0.22 0.28 0.33
2 0.28 0.19 0.14 0.14 0.14 0.14 0.15 0.15 0.15 0.16 0.19 0.25 0.29 0.40
3 0.17 0.13 0.13 0.14 0.14 0.14 0.15 0.15 0.15 0.18 0.24 0.28 0.39 0.58
4 0.13 0.13 0.13 0.14 0.14 0.14 0.15 0.15 0.18 0.23 0.28 0.39 0.58 0.68
5 0.13 0.13 0.13 0.14 0.14 0.14 0.15 0.17 0.22 0.27 0.39 0.57 0.68 0.76
6 0.13 0.13 0.13 0.14 0.14 0.14 0.17 0.22 0.26 0.38 0.57 0.68 0.76 0.82
7 0.13 0.13 0.13 0.14 0.14 0.17 0.21 0.26 0.37 0.57 0.68 0.76 0.82 0.83
8 0.13 0.13 0.13 0.14 0.16 0.20 0.25 0.37 0.56 0.68 0.76 0.81 0.82 0.82
9 0.13 0.13 0.13 0.16 0.19 0.25 0.36 0.56 0.68 0.76 0.81 0.81 0.81 0.81
10 0.13 0.13 0.15 0.19 0.25 0.35 0.56 0.67 0.76 0.80 0.80 0.80 0.80 0.80
11 0.13 0.15 0.18 0.24 0.34 0.56 0.67 0.76 0.79 0.79 0.79 0.79 0.79 0.80
12 0.14 0.17 0.24 0.33 0.56 0.67 0.76 0.78 0.78 0.78 0.78 0.78 0.79 0.81
13 0.16 0.23 0.32 0.56 0.67 0.76 0.77 0.77 0.77 0.77 0.77 0.79 0.80 0.83
14 0.22 0.31 0.56 0.67 0.76 0.77 0.77 0.77 0.77 0.77 0.77 0.79 0.82 0.83
15 0.30 0.56 0.67 0.76 0.76 0.76 0.76 0.76 0.76 0.76 0.78 0.80 0.83 0.83
16 0.56 0.67 0.75 0.75 0.75 0.75 0.75 0.75 0.75 0.76 0.78 0.81 0.82 0.83
17 0.67 0.74 0.74 0.74 0.74 0.74 0.74 0.74 0.75 0.77 0.78 0.80 0.80 0.80
18 0.73 0.73 0.73 0.73 0.73 0.73 0.73 0.73 0.75 0.75 0.76 0.77 0.77 0.79
19 0.70 0.70 0.70 0.70 0.70 0.70 0.70 0.72 0.72 0.72 0.73 0.73 0.74 0.77
20 0.66 0.66 0.66 0.66 0.66 0.67 0.67 0.68 0.68 0.68 0.69 0.70 0.72 0.76
21 0.60 0.60 0.60 0.60 0.61 0.62 0.63 0.63 0.64 0.65 0.66 0.69 0.72 0.77
22 0.55 0.55 0.55 0.56 0.58 0.58 0.59 0.60 0.60 0.63 0.65 0.68 0.72 0.79
23 0.49 0.49 0.51 0.53 0.55 0.56 0.57 0.58 0.59 0.62 0.65 0.68 0.74 0.81
24 0.43 0.44 0.48 0.51 0.54 0.55 0.56 0.58 0.60 0.63 0.67 0.71 0.77 0.85
25 0.35 0.40 0.46 0.51 0.53 0.55 0.57 0.58 0.62 0.66 0.70 0.75 0.82 0.91
26 0.32 0.39 0.46 0.52 0.54 0.56 0.57 0.61 0.64 0.69 0.74 0.80 0.88 0.99
27 0.30 0.39 0.46 0.53 0.56 0.57 0.61 0.64 0.68 0.74 0.80 0.87 0.96 1.09
28 0.30 0.39 0.47 0.53 0.57 0.60 0.63 0.68 0.73 0.79 0.87 0.96 1.06 1.20
29 0.29 0.39 0.48 0.54 0.60 0.63 0.68 0.73 0.78 0.87 0.96 1.06 1.17 1.30
30 0.28 0.39 0.47 0.55 0.62 0.68 0.73 0.78 0.86 0.95 1.04 1.14 1.26 1.42
31 0.27 0.38 0.47 0.55 0.63 0.71 0.78 0.84 0.91 0.99 1.09 1.22 1.38 1.57
32 0.26 0.36 0.47 0.55 0.64 0.72 0.80 0.87 0.94 1.02 1.14 1.31 1.53 1.76
33 0.27 0.38 0.48 0.58 0.67 0.76 0.85 0.91 0.98 1.07 1.21 1.42 1.68 1.92
34 0.29 0.39 0.51 0.60 0.71 0.80 0.90 0.97 1.05 1.16 1.34 1.57 1.83 2.09
35 0.31 0.41 0.52 0.63 0.73 0.84 0.94 1.04 1.15 1.30 1.49 1.72 1.98 2.24
36 0.32 0.43 0.54 0.65 0.77 0.87 0.99 1.14 1.29 1.47 1.66 1.89 2.15 2.43
37 0.34 0.44 0.56 0.67 0.78 0.91 1.07 1.26 1.45 1.63 1.82 2.03 2.31 2.63
38 0.37 0.49 0.61 0.71 0.83 0.98 1.18 1.40 1.61 1.79 1.97 2.20 2.49 2.82
39 0.40 0.54 0.66 0.77 0.90 1.08 1.32 1.54 1.76 1.94 2.13 2.38 2.70 3.06
40 0.43 0.58 0.71 0.83 0.99 1.21 1.46 1.70 1.89 2.09 2.32 2.62 2.96 3.34
41 0.45 0.63 0.79 0.94 1.12 1.36 1.62 1.84 2.06 2.29 2.57 2.91 3.28 3.69
42 0.48 0.70 0.89 1.06 1.26 1.50 1.76 2.00 2.25 2.53 2.86 3.23 3.64 4.13
43 0.51 0.73 0.95 1.14 1.35 1.59 1.87 2.14 2.44 2.76 3.13 3.56 4.08 4.62
44 0.54 0.78 1.00 1.20 1.41 1.68 1.99 2.33 2.65 3.01 3.41 3.98 4.56 5.10
45 0.60 0.84 1.05 1.26 1.51 1.80 2.16 2.53 2.92 3.29 3.79 4.46 5.03 5.52
46 0.65 0.88 1.09 1.32 1.61 1.97 2.37 2.80 3.22 3.67 4.26 4.93 5.48 5.97
47 0.71 0.92 1.14 1.41 1.75 2.14 2.60 3.08 3.55 4.12 4.72 5.37 5.92 6.59
48 0.77 0.99 1.24 1.54 1.89 2.31 2.81 3.35 3.89 4.56 5.14 5.80 6.46 7.35
49 0.81 1.08 1.37 1.69 2.06 2.50 3.03 3.65 4.22 4.88 5.55 6.33 7.21 8.27
50 0.89 1.19 1.51 1.86 2.23 2.69 3.28 3.93 4.52 5.20 6.03 7.06 8.19 9.43
51 0.98 1.34 1.70 2.06 2.44 2.92 3.51 4.16 4.84 5.63 6.68 8.02 9.34 10.63
52 1.07 1.49 1.90 2.29 2.68 3.14 3.74 4.45 5.25 6.26 7.56 9.12 10.52 11.42
53 1.11 1.61 2.07 2.52 2.94 3.43 4.09 4.93 5.86 7.10 8.62 10.29 11.31 12.45
54 1.15 1.73 2.27 2.74 3.18 3.75 4.54 5.55 6.64 8.09 9.70 11.04 12.32 13.67
55 1.19 1.86 2.46 2.94 3.44 4.14 5.11 6.28 7.50 9.04 10.34 11.95 13.52 15.09
56 1.24 1.99 2.63 3.18 3.77 4.63 5.77 7.08 8.37 9.62 11.17 13.01 14.90 16.75
57 1.29 2.09 2.81 3.47 4.20 5.21 6.49 7.88 9.20 10.72 12.52 14.53 16.53 18.80
58 1.39 2.23 3.02 3.81 4.73 5.88 7.23 8.63 9.93 11.64 13.68 16.12 18.55 21.18
59 1.52 2.39 3.28 4.22 5.31 6.58 7.98 9.34 10.60 12.52 14.85 17.75 20.90 23.74
60 1.70 2.59 3.57 4.67 5.91 7.28 8.70 10.04 11.29 13.46 16.18 19.44 23.16 26.36
61 1.91 2.83 3.89 5.11 6.51 7.98 9.41 10.72 11.98 14.49 17.53 21.01 24.85 29.11
62 2.15 3.10 4.25 5.60 7.13 8.70 10.17 11.52 12.86 15.66 18.90 22.50 26.53 31.12
63 2.30 3.42 4.74 6.23 7.86 9.52 11.09 12.56 14.07 17.07 20.47 24.27 28.62 33.70
64 2.41 3.76 5.27 6.91 8.68 10.45 12.17 13.84 15.55 18.72 22.33 26.48 31.32 37.04
65 2.47 4.09 5.83 7.68 9.59 11.51 13.38 15.24 17.17 20.57 24.52 29.15 34.62 41.18
66 2.51 4.61 6.53 8.52 10.69 12.74 14.71 16.73 18.93 22.65 27.07 32.29 38.56 46.04
67 2.68 5.20 7.30 9.45 11.94 14.09 16.19 18.35 20.81 24.97 29.95 35.94 43.08 51.30
68 3.11 5.85 8.17 10.49 13.07 15.65 18.19 20.72 23.29 28.04 33.79 40.65 48.56 57.92
69 3.52 6.59 9.15 11.64 13.69 17.46 20.03 22.50 25.41 30.83 37.32 44.82 53.70 63.56
70 3.96 7.42 10.23 12.92 14.29 19.35 21.73 24.36 29.77 36.13 43.48 52.18 61.86 72.82
71 5.12 8.37 11.45 13.60 16.68 20.98 23.34 29.46 33.26 40.29 48.58 57.85 68.36 80.47
72 6.61 9.43 12.82 15.90 19.04 22.34 25.90 29.84 34.37 42.01 50.51 60.20 71.41 84.47
73 7.76 11.57 14.98 18.03 20.88 23.79 27.05 32.84 36.34 44.28 53.29 63.73 75.93 90.04
74 9.19 12.82 16.47 19.94 23.05 25.96 31.36 35.20 39.28 48.05 57.91 69.45 82.84 98.18
75 10.86 13.68 17.86 22.29 25.20 29.93 34.07 38.44 47.98 57.38 68.97 82.28 97.55 114.77
[2001 VBT ANB Male Nonsmoker (ages 0 - 75) chart continued on this page]
15 16 17 18 19 20 21 22 23 24 25 Ultimate Attained Age
0.39 0.53 0.66 0.77 0.83 0.85 0.85 0.85 0.85 0.85 0.85 0.86 25
0.50 0.63 0.73 0.81 0.84 0.85 0.85 0.85 0.85 0.85 0.86 0.89 26
0.60 0.70 0.78 0.83 0.84 0.85 0.85 0.85 0.85 0.86 0.88 0.93 27
0.68 0.76 0.82 0.84 0.85 0.85 0.85 0.85 0.86 0.87 0.90 0.91 28
0.76 0.82 0.84 0.85 0.85 0.85 0.85 0.86 0.87 0.88 0.88 0.88 29
0.82 0.84 0.85 0.85 0.85 0.85 0.86 0.86 0.86 0.86 0.86 0.86 30
0.84 0.84 0.84 0.84 0.84 0.84 0.84 0.84 0.84 0.84 0.84 0.84 31
0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.83 32
0.82 0.82 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.84 33
0.81 0.81 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.84 0.85 34
0.81 0.82 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.84 0.85 0.87 35
0.81 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.84 0.85 0.87 0.91 36
0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.84 0.85 0.87 0.91 0.95 37
0.83 0.83 0.83 0.83 0.83 0.83 0.84 0.85 0.87 0.91 0.95 1.02 38
0.83 0.83 0.83 0.83 0.83 0.84 0.85 0.87 0.91 0.95 1.02 1.09 39
0.83 0.83 0.83 0.83 0.84 0.85 0.87 0.91 0.95 1.02 1.09 1.16 40
0.83 0.83 0.83 0.84 0.85 0.87 0.91 0.95 1.02 1.09 1.16 1.26 41
0.80 0.80 0.84 0.85 0.87 0.91 0.95 1.02 1.09 1.16 1.26 1.39 42
0.80 0.80 0.85 0.86 0.91 0.95 1.02 1.09 1.16 1.26 1.39 1.53 43
0.80 0.82 0.86 0.91 0.95 1.02 1.08 1.16 1.26 1.39 1.53 1.71 44
0.82 0.86 0.90 0.95 1.02 1.08 1.16 1.26 1.39 1.53 1.71 1.91 45
0.84 0.90 0.95 1.02 1.08 1.16 1.26 1.39 1.53 1.71 1.91 2.10 46
0.87 0.95 1.02 1.08 1.16 1.26 1.39 1.53 1.71 1.91 2.10 2.31 47
0.91 1.01 1.08 1.16 1.26 1.39 1.53 1.71 1.91 2.10 2.31 2.42 48
0.97 1.07 1.16 1.26 1.39 1.53 1.71 1.91 2.10 2.29 2.42 2.55 49
1.03 1.15 1.26 1.39 1.53 1.71 1.91 2.10 2.27 2.42 2.55 2.74 50
1.11 1.26 1.39 1.53 1.71 1.91 2.10 2.27 2.41 2.55 2.74 2.97 51
1.21 1.38 1.53 1.71 1.90 2.10 2.26 2.40 2.55 2.74 2.97 3.29 52
1.34 1.53 1.70 1.89 2.10 2.25 2.40 2.55 2.74 2.97 3.29 3.65 53
1.48 1.69 1.88 2.09 2.25 2.39 2.55 2.74 2.97 3.29 3.65 4.11 54
1.61 1.84 2.04 2.22 2.39 2.55 2.74 2.97 3.27 3.65 4.08 4.68 55
1.80 2.01 2.20 2.37 2.54 2.73 2.95 3.25 3.64 4.08 4.57 5.26 56
1.99 2.18 2.37 2.54 2.73 2.95 3.24 3.64 4.06 4.53 5.10 5.89 57
2.14 2.34 2.53 2.73 2.95 3.23 3.63 4.04 4.50 5.04 5.62 6.41 58
2.31 2.50 2.72 2.95 3.23 3.59 4.00 4.46 4.99 5.56 6.14 7.02 59
2.48 2.70 2.95 3.23 3.58 3.96 4.41 4.93 5.49 6.07 6.68 7.76 60
2.69 2.95 3.23 3.56 3.94 4.35 4.88 5.43 6.01 6.65 7.31 8.67 61
2.93 3.23 3.55 3.91 4.33 4.81 5.36 5.94 6.58 7.29 8.15 9.80 62
3.17 3.52 3.90 4.31 4.78 5.29 5.87 6.52 7.26 8.12 9.25 11.07 63
3.44 3.85 4.27 4.76 5.27 5.81 6.45 7.22 8.09 9.21 10.49 12.40 64
3.76 4.21 4.71 5.24 5.79 6.39 7.16 8.04 9.15 10.37 11.71 13.80 65
4.17 4.68 5.20 5.76 6.38 7.09 7.99 9.08 10.27 11.65 12.87 15.21 66
4.68 5.16 5.70 6.34 7.08 7.92 8.99 10.17 11.50 12.80 13.88 16.63 67
5.15 5.61 6.28 7.03 7.90 8.89 10.06 11.30 12.59 13.80 15.22 18.16 68
5.59 6.19 6.96 7.85 8.85 9.93 11.15 12.42 13.69 15.01 16.63 19.73 69
6.07 6.85 7.77 8.78 9.86 10.99 12.23 13.50 14.77 16.51 18.48 21.65 70
6.76 7.69 8.73 9.84 10.97 12.11 13.34 14.58 16.25 18.37 20.77 23.80 71
7.57 8.66 9.81 10.97 12.11 13.23 14.39 16.00 18.09 20.66 23.47 26.68 72
8.52 9.76 10.95 12.11 13.23 14.26 15.77 17.81 20.35 23.34 26.34 29.70 73
9.57 10.93 12.11 13.23 14.24 15.55 17.56 20.06 22.99 26.21 29.30 32.86 74
10.73 12.11 13.21 14.21 15.49 17.33 19.78 22.67 25.81 29.14 32.37 36.32 75
11.79 13.19 14.17 15.41 17.25 19.52 22.36 25.46 28.72 32.22 35.74 40.08 76
12.79 14.13 15.33 17.15 19.40 22.08 25.13 28.35 31.78 35.59 39.52 44.47 77
13.81 15.25 17.05 19.28 21.68 24.83 27.99 31.37 35.12 39.38 43.88 49.61 78
15.17 16.95 19.16 21.60 24.37 27.68 31.01 34.69 38.88 43.74 48.96 55.56 79
16.85 19.04 21.52 24.15 27.15 30.67 34.30 38.42 43.20 48.84 54.86 62.05 80
18.92 21.50 24.13 26.85 30.02 33.88 37.95 42.67 48.23 54.71 61.28 69.45 81
21.47 24.10 26.82 29.67 33.16 37.50 42.15 47.64 54.05 61.13 68.60 77.12 82
24.06 26.78 29.64 32.76 36.68 41.66 47.07 53.40 60.40 68.45 76.20 85.36 83
26.72 29.58 32.71 36.24 40.74 46.54 52.77 59.68 67.64 76.05 84.35 94.49 84
29.51 32.64 36.17 40.24 45.50 52.18 58.99 66.84 75.13 84.16 93.33 104.68 85
32.55 36.08 40.16 44.92 50.99 58.34 66.08 74.26 83.18 93.15 103.43 115.99 86
35.98 40.05 44.81 50.34 57.00 65.38 73.44 82.24 92.08 103.26 114.64 128.32 87
39.68 44.68 50.21 56.25 63.86 72.68 81.36 91.09 102.12 114.49 126.86 141.51 88
43.89 50.05 56.09 63.00 70.98 80.54 90.14 101.04 113.25 126.73 139.93 155.38 89
49.01 55.90 62.81 70.02 78.63 89.25 100.02 112.09 125.40 139.84 153.70 169.81 90
54.64 62.65 69.82 77.55 87.07 98.96 110.89 124.07 138.34 153.59 167.99 183.19 91
61.01 69.66 77.36 85.90 96.59 109.74 122.77 136.88 151.96 167.89 181.24 197.07 92
68.29 77.20 85.71 95.31 107.13 121.50 135.46 150.38 166.14 181.16 195.01 211.63 93
74.74 85.57 95.12 105.75 118.64 134.08 148.85 164.43 179.30 194.94 211.55 226.96 94
85.45 94.99 105.57 117.15 130.97 147.35 162.76 177.45 192.91 211.50 226.83 242.98 95
94.57 105.45 116.98 129.35 143.97 161.14 175.68 190.97 211.47 226.76 242.88 257.32 96
99.56 116.78 129.20 142.22 157.49 173.96 189.09 211.44 226.72 242.86 257.32 272.49 97
106.19 124.37 142.10 155.63 170.07 187.28 211.41 226.69 242.80 257.32 272.49 288.55 98
115.49 134.77 155.54 168.11 183.15 211.38 226.66 242.76 257.32 272.49 288.55 305.55 99
133.96 155.54 168.06 181.09 211.35 226.63 242.72 257.32 272.49 288.55 305.55 323.54 100
2001 Valuation Basic Table Select & Ultimate Age Nearest Birthday
[Male Nonsmoker]
Issue Age [Annual Premiums per $1,000]
1 2 3 4 5 6 7 8 9 10 11 12 13 14
76 11.16 15.26 19.75 24.44 28.52 32.92 37.53 46.25 56.86 68.49 81.73 96.92 114.06 133.15
77 11.50 16.52 21.73 27.19 31.83 36.65 44.61 55.42 62.68 78.49 93.31 110.06 128.75 149.34
78 12.21 17.77 23.85 30.78 35.81 43.03 54.04 61.90 78.17 93.21 109.94 128.60 149.17 165.54
79 13.14 19.33 26.64 34.99 41.54 52.70 61.15 76.89 83.87 99.88 117.52 137.03 157.11 178.13
80 14.13 21.51 30.14 40.09 51.42 60.40 75.65 82.96 95.96 113.48 132.60 152.32 173.85 210.27
81 15.38 24.31 34.66 46.46 59.74 74.47 82.09 95.04 108.69 127.63 146.94 172.66 210.09 225.56
82 17.06 28.00 40.37 54.20 69.48 81.26 94.17 107.84 114.86 146.71 172.53 209.93 225.39 241.65
83 19.65 32.82 47.35 63.24 80.51 93.33 107.03 114.13 146.18 172.41 209.78 225.23 241.49 256.08
84 23.55 38.90 55.52 73.42 92.51 106.26 113.42 145.53 171.99 209.65 225.09 241.34 255.93 271.36
85 28.89 46.29 64.88 84.51 105.50 112.74 144.92 171.60 209.19 224.97 241.21 255.80 271.22 287.54
86 35.59 54.95 75.38 97.01 112.09 144.33 171.06 208.76 224.52 241.09 255.67 271.10 287.42 304.68
87 43.42 65.29 88.02 111.44 143.79 170.55 208.38 224.11 240.66 255.57 270.99 287.30 304.57 322.81
88 52.86 78.07 103.36 143.23 170.08 208.02 223.74 240.27 255.17 270.89 287.21 304.47 322.72 342.00
89 65.22 94.02 137.72 169.60 207.71 223.40 239.92 254.80 270.53 287.12 304.38 322.63 341.93 362.33
90 81.90 131.34 165.80 207.39 223.09 239.59 254.47 270.19 286.79 304.31 322.56 341.87 362.29 383.85
91 123.13 161.42 207.08 222.79 239.30 254.17 269.89 286.49 304.02 322.50 341.81 362.24 383.82 406.63
92 155.82 206.76 222.48 239.02 253.90 269.62 286.22 303.77 322.26 341.76 362.20 383.80 406.63 430.21
93 206.45 222.18 238.73 253.64 269.37 285.98 303.53 322.05 341.57 362.17 383.78 406.63 430.21 455.16
94 221.88 238.44 253.37 269.12 285.76 303.32 321.85 341.41 362.03 383.76 406.63 430.21 455.16 481.56
95 238.15 253.10 268.88 285.54 303.12 321.67 341.25 361.92 383.70 406.63 430.21 455.16 481.56 509.49
96 252.83 268.63 285.32 302.93 321.51 341.11 361.81 383.64 406.63 430.21 455.16 481.56 509.49 539.05
97 268.38 285.10 302.74 321.35 340.98 361.71 383.58 406.63 430.21 455.16 481.56 509.49 539.05 570.31
98 284.88 302.55 321.19 340.86 361.62 383.53 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39
99 302.36 321.03 340.73 361.54 383.48 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38
[2001 VBT ANB Male Nonsmoker (ages 76 - 99) chart continued on this page]
15 16 17 18 19 20 21 22 23 24 25 Ultimate Attained Age
154.18 167.80 180.79 211.32 226.60 242.68 257.32 272.49 288.55 305.55 323.54 342.58 101
165.74 180.53 211.00 226.57 242.64 257.32 272.49 288.55 305.55 323.54 342.58 362.74 102
180.29 210.72 226.26 242.60 257.28 272.49 288.55 305.55 323.54 342.58 362.74 384.06 103
210.48 225.99 242.31 256.96 272.45 288.55 305.55 323.54 342.58 362.74 384.06 406.63 104
225.76 242.05 256.69 272.16 288.51 305.55 323.54 342.58 362.74 384.06 406.63 430.21 105
241.84 256.46 271.91 288.25 305.52 323.54 342.58 362.74 384.06 406.63 430.21 455.16 106
256.26 271.70 288.03 305.29 323.51 342.58 362.74 384.06 406.63 430.21 455.16 481.56 107
271.52 287.84 305.10 323.32 342.55 362.74 384.06 406.63 430.21 455.16 481.56 509.49 108
287.68 304.94 323.16 342.41 362.71 384.06 406.63 430.21 455.16 481.56 509.49 539.05 109
304.80 323.03 342.28 362.61 384.05 406.63 430.21 455.16 481.56 509.49 539.05 570.31 110
322.91 342.18 362.53 384.00 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 111
342.08 362.45 383.95 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38 112
362.39 383.91 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38 675.41 113
383.88 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38 675.41 714.58 114
406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38 675.41 714.58 756.03 115
430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38 675.41 714.58 756.03 799.88 116
455.16 481.56 509.49 539.05 570.31 603.39 638.38 675.41 714.58 756.03 799.88 846.27 117
481.56 509.49 539.05 570.31 603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 118
509.49 539.05 570.31 603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 119
539.05 570.31 603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00 120
570.31 603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00 1000.00
603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00 1000.00 1000.00
638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00 1000.00 1000.00 1000.00
675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00 1000.00 1000.00 1000.00 1000.00
2001 Valuation Basic Table Select & Ultimate Age Nearest Birthday
Male Smoker
Issue Age [Annual Premiums per $1,000]
1 2 3 4 5 6 7 8 9 10 11 12 13 14
0 0.90 0.49 0.32 0.20 0.14 0.14 0.15 0.15 0.15 0.16 0.16 0.20 0.26 0.31
1 0.40 0.29 0.19 0.14 0.14 0.14 0.15 0.15 0.15 0.16 0.18 0.22 0.28 0.33
2 0.28 0.19 0.14 0.14 0.14 0.14 0.15 0.15 0.15 0.16 0.19 0.25 0.29 0.40
3 0.17 0.13 0.13 0.14 0.14 0.14 0.15 0.15 0.15 0.18 0.24 0.28 0.39 0.62
4 0.13 0.13 0.13 0.14 0.14 0.14 0.15 0.15 0.18 0.23 0.28 0.39 0.62 0.78
5 0.13 0.13 0.13 0.14 0.14 0.14 0.15 0.17 0.22 0.27 0.39 0.61 0.78 0.93
6 0.13 0.13 0.13 0.14 0.14 0.14 0.17 0.22 0.26 0.38 0.61 0.78 0.93 1.06
7 0.13 0.13 0.13 0.14 0.14 0.17 0.21 0.26 0.37 0.61 0.78 0.93 1.06 1.14
8 0.13 0.13 0.13 0.14 0.16 0.20 0.25 0.37 0.60 0.78 0.93 1.05 1.13 1.19
9 0.13 0.13 0.13 0.16 0.19 0.25 0.36 0.60 0.78 0.93 1.05 1.13 1.19 1.24
10 0.13 0.13 0.15 0.19 0.25 0.35 0.60 0.77 0.93 1.05 1.13 1.18 1.22 1.27
11 0.13 0.15 0.18 0.24 0.34 0.60 0.77 0.93 1.03 1.11 1.16 1.21 1.26 1.33
12 0.14 0.17 0.24 0.33 0.60 0.77 0.93 1.03 1.10 1.15 1.20 1.24 1.32 1.41
13 0.16 0.23 0.32 0.60 0.77 0.93 1.02 1.09 1.14 1.18 1.23 1.30 1.38 1.46
14 0.22 0.31 0.60 0.77 0.93 1.02 1.08 1.12 1.17 1.21 1.27 1.36 1.44 1.51
15 0.30 0.60 0.77 0.93 1.01 1.05 1.11 1.15 1.20 1.26 1.35 1.41 1.50 1.53
16 0.60 0.77 0.93 1.01 1.05 1.09 1.14 1.18 1.24 1.31 1.38 1.45 1.50 1.55
17 0.77 0.93 1.01 1.04 1.08 1.14 1.18 1.22 1.30 1.35 1.40 1.45 1.48 1.52
18 0.93 0.99 1.03 1.07 1.11 1.15 1.21 1.27 1.32 1.35 1.38 1.42 1.45 1.50
19 0.95 0.99 1.03 1.07 1.11 1.16 1.22 1.27 1.30 1.32 1.35 1.37 1.42 1.49
20 0.93 0.97 1.01 1.05 1.09 1.16 1.19 1.22 1.25 1.27 1.30 1.33 1.40 1.50
21 0.89 0.93 0.96 1.00 1.06 1.09 1.14 1.15 1.19 1.22 1.27 1.33 1.42 1.54
22 0.84 0.88 0.91 0.97 1.01 1.04 1.07 1.10 1.13 1.20 1.26 1.33 1.43 1.58
23 0.79 0.82 0.88 0.94 0.98 1.03 1.05 1.08 1.13 1.20 1.28 1.37 1.50 1.65
24 0.71 0.77 0.84 0.92 0.98 1.02 1.05 1.10 1.16 1.25 1.33 1.43 1.56 1.75
25 0.61 0.70 0.82 0.93 0.99 1.04 1.08 1.13 1.21 1.31 1.41 1.52 1.68 1.88
26 0.56 0.69 0.83 0.96 1.02 1.06 1.11 1.19 1.27 1.39 1.51 1.64 1.81 2.06
27 0.53 0.70 0.86 0.98 1.06 1.11 1.19 1.27 1.37 1.51 1.64 1.80 1.98 2.27
28 0.54 0.73 0.89 1.01 1.11 1.17 1.25 1.35 1.47 1.63 1.80 1.98 2.21 2.51
29 0.53 0.74 0.91 1.04 1.17 1.25 1.35 1.47 1.59 1.80 1.98 2.21 2.44 2.75
30 0.54 0.75 0.91 1.07 1.22 1.35 1.47 1.59 1.76 1.98 2.17 2.40 2.66 3.00
31 0.51 0.74 0.92 1.10 1.27 1.44 1.59 1.73 1.89 2.08 2.29 2.58 2.93 3.35
32 0.50 0.71 0.93 1.11 1.30 1.47 1.66 1.82 1.97 2.15 2.42 2.79 3.27 3.78
33 0.54 0.76 0.97 1.18 1.38 1.57 1.76 1.92 2.08 2.28 2.60 3.05 3.62 4.15
34 0.58 0.80 1.04 1.24 1.47 1.68 1.89 2.07 2.25 2.50 2.88 3.39 3.96 4.53
35 0.63 0.85 1.09 1.31 1.54 1.79 2.00 2.23 2.49 2.82 3.24 3.75 4.32 4.90
36 0.67 0.89 1.13 1.37 1.62 1.85 2.12 2.45 2.80 3.21 3.63 4.13 4.70 5.32
37 0.71 0.91 1.17 1.42 1.67 1.95 2.30 2.73 3.16 3.57 3.99 4.47 5.09 5.77
38 0.76 1.02 1.29 1.52 1.77 2.11 2.56 3.06 3.53 3.95 4.36 4.86 5.49 6.24
39 0.84 1.14 1.40 1.63 1.92 2.33 2.87 3.38 3.88 4.30 4.72 5.28 5.99 6.78
40 0.90 1.23 1.52 1.79 2.14 2.64 3.19 3.74 4.20 4.67 5.19 5.85 6.60 7.45
41 0.96 1.33 1.70 2.02 2.43 2.98 3.57 4.09 4.59 5.14 5.78 6.52 7.35 8.25
42 1.02 1.49 1.91 2.30 2.75 3.30 3.89 4.46 5.04 5.72 6.45 7.27 8.20 9.26
43 1.08 1.57 2.05 2.48 2.95 3.51 4.16 4.81 5.50 6.28 7.09 8.07 9.21 10.41
44 1.16 1.69 2.17 2.62 3.12 3.73 4.45 5.24 6.02 6.88 7.78 9.05 10.35 11.41
45 1.29 1.81 2.30 2.77 3.34 4.02 4.87 5.74 6.66 7.57 8.69 10.20 11.41 12.25
46 1.42 1.92 2.40 2.91 3.58 4.39 5.30 6.30 7.29 8.35 9.66 11.12 12.25 13.06
47 1.56 2.03 2.51 3.12 3.90 4.78 5.80 6.90 7.97 9.28 10.57 11.94 13.06 14.06
48 1.71 2.20 2.76 3.42 4.21 5.14 6.25 7.45 8.66 10.14 11.34 12.73 14.06 15.47
49 1.83 2.43 3.06 3.78 4.59 5.55 6.72 8.06 9.30 10.73 12.10 13.69 15.45 17.33
50 2.02 2.70 3.41 4.16 4.98 5.97 7.25 8.62 9.88 11.32 12.98 15.05 17.27 19.48
51 2.25 3.05 3.84 4.65 5.46 6.48 7.71 9.09 10.49 12.10 14.19 16.85 19.38 21.62
52 2.50 3.43 4.34 5.17 6.00 6.96 8.20 9.66 11.28 13.30 15.85 18.88 21.48 22.99
53 2.62 3.74 4.76 5.70 6.57 7.58 8.93 10.63 12.47 14.92 17.83 20.97 22.69 24.34
54 2.72 4.05 5.24 6.24 7.13 8.27 9.88 11.89 14.00 16.79 19.79 22.16 24.31 26.19
55 2.85 4.40 5.71 6.72 7.73 9.12 11.06 13.36 15.67 18.53 20.82 23.61 26.19 28.31
56 2.97 4.67 6.08 7.23 8.43 10.16 12.44 15.00 17.41 19.63 22.36 25.53 28.31 30.83
57 3.06 4.90 6.46 7.85 9.35 11.40 13.95 16.63 19.06 21.78 24.91 28.29 30.83 33.98
58 3.30 5.19 6.92 8.59 10.47 12.81 15.47 18.12 20.46 23.55 27.06 30.83 33.98 37.58
59 3.59 5.54 7.48 9.47 11.70 14.27 16.99 19.52 21.77 25.22 29.21 33.98 37.58 41.30
60 3.99 5.99 8.12 10.43 12.99 15.72 18.43 20.90 23.06 26.99 31.62 37.02 41.30 44.96
61 4.46 6.51 8.81 11.38 14.23 17.15 19.85 22.21 24.37 28.92 34.07 39.70 44.96 48.63
62 5.00 7.11 9.57 12.40 15.52 18.62 21.37 23.76 26.03 31.12 36.49 42.20 48.26 52.82
63 5.33 7.81 10.63 13.75 17.03 20.28 23.20 25.80 28.36 33.77 39.28 45.16 51.58 57.47
64 5.56 8.55 11.78 15.18 18.73 22.17 25.34 28.30 31.20 36.85 42.60 48.89 55.90 62.74
65 5.68 9.26 12.96 16.79 20.60 24.29 27.74 31.02 34.31 40.31 46.50 53.41 61.20 68.86
66 5.72 10.29 14.32 18.32 22.57 26.36 29.83 33.24 36.83 43.16 49.92 57.58 66.42 75.84
67 6.03 11.46 15.77 20.01 24.75 28.58 32.10 35.59 39.42 46.20 53.68 62.33 72.23 83.04
68 6.92 12.74 17.40 21.84 26.58 31.09 35.25 39.17 42.91 50.34 58.81 68.52 79.20 91.29
69 7.73 14.16 19.19 23.83 27.33 33.96 37.91 41.46 45.52 53.64 63.02 73.36 85.13 97.48
70 8.61 15.74 21.14 25.98 27.97 36.81 40.17 43.70 51.77 60.88 71.15 82.85 95.23 108.58
71 11.00 17.51 23.29 26.89 32.00 39.04 42.08 48.56 56.13 65.68 76.99 89.04 102.11 116.55
72 14.04 19.46 25.67 30.88 35.81 40.64 45.54 50.64 56.24 66.16 77.41 89.72 103.40 118.75
73 16.29 23.56 29.53 34.38 38.46 42.30 46.35 54.16 57.57 67.31 78.91 91.87 106.48 122.75
74 19.08 25.74 31.95 37.32 41.57 45.07 52.33 56.34 60.20 74.65 89.48 96.73 112.39 129.65
75 22.26 27.08 34.07 40.94 44.50 50.71 55.31 59.98 72.61 88.31 95.76 111.46 128.81 147.67
[2001 VBT ANB Male Smoker (ages 0 - 75) chart continued on this page]
15 16 17 18 19 20 21 22 23 24 25 Ultimate Attained Age
0.39 0.53 0.70 0.88 1.01 1.11 1.17 1.22 1.28 1.34 1.41 1.49 25
0.50 0.67 0.84 0.99 1.08 1.15 1.22 1.28 1.34 1.41 1.49 1.57 26
0.64 0.80 0.95 1.07 1.15 1.22 1.28 1.34 1.41 1.49 1.56 1.66 27
0.78 0.93 1.06 1.15 1.22 1.28 1.34 1.41 1.49 1.54 1.61 1.66 28
0.93 1.06 1.14 1.22 1.28 1.34 1.41 1.49 1.54 1.59 1.61 1.64 29
1.06 1.14 1.22 1.28 1.34 1.41 1.49 1.54 1.56 1.58 1.60 1.62 30
1.14 1.22 1.27 1.33 1.41 1.49 1.51 1.53 1.55 1.57 1.59 1.61 31
1.20 1.27 1.31 1.39 1.47 1.49 1.51 1.53 1.55 1.57 1.59 1.61 32
1.25 1.30 1.38 1.46 1.49 1.51 1.53 1.55 1.57 1.59 1.61 1.65 33
1.29 1.35 1.44 1.49 1.51 1.53 1.55 1.57 1.59 1.61 1.65 1.71 34
1.35 1.42 1.49 1.51 1.53 1.55 1.57 1.59 1.61 1.65 1.71 1.75 35
1.41 1.48 1.51 1.53 1.55 1.57 1.59 1.61 1.65 1.71 1.75 1.85 36
1.48 1.51 1.53 1.55 1.57 1.59 1.61 1.65 1.71 1.75 1.85 1.95 37
1.51 1.53 1.55 1.57 1.59 1.61 1.65 1.71 1.75 1.85 1.95 2.10 38
1.53 1.55 1.57 1.59 1.61 1.65 1.71 1.75 1.85 1.95 2.10 2.25 39
1.55 1.57 1.59 1.61 1.65 1.71 1.75 1.85 1.95 2.10 2.25 2.43 40
1.57 1.59 1.61 1.65 1.70 1.75 1.85 1.95 2.10 2.25 2.43 2.66 41
1.54 1.56 1.65 1.70 1.75 1.84 1.94 2.10 2.25 2.43 2.66 2.94 42
1.56 1.57 1.70 1.74 1.84 1.94 2.10 2.25 2.43 2.66 2.94 3.27 43
1.57 1.64 1.74 1.84 1.94 2.09 2.25 2.42 2.66 2.94 3.27 3.67 44
1.64 1.74 1.84 1.94 2.09 2.25 2.42 2.65 2.94 3.27 3.67 4.09 45
1.69 1.84 1.94 2.09 2.25 2.42 2.65 2.94 3.27 3.67 4.09 4.48 46
1.77 1.94 2.09 2.25 2.42 2.65 2.94 3.27 3.67 4.09 4.48 4.91 47
1.87 2.08 2.25 2.42 2.65 2.94 3.27 3.67 4.06 4.48 4.91 5.13 48
2.01 2.22 2.42 2.65 2.94 3.27 3.66 4.06 4.48 4.87 5.13 5.39 49
2.13 2.41 2.65 2.94 3.27 3.65 4.06 4.48 4.84 5.13 5.39 5.77 50
2.32 2.64 2.94 3.27 3.64 4.06 4.48 4.84 5.13 5.39 5.77 6.24 51
2.53 2.91 3.27 3.63 4.06 4.48 4.83 5.13 5.39 5.77 6.24 6.88 52
2.82 3.23 3.62 4.06 4.48 4.82 5.13 5.39 5.77 6.24 6.88 7.62 53
3.13 3.60 4.06 4.48 4.81 5.13 5.39 5.77 6.24 6.88 7.62 8.55 54
3.44 3.93 4.39 4.80 5.13 5.39 5.77 6.24 6.88 7.62 8.48 9.60 55
3.84 4.32 4.74 5.13 5.39 5.77 6.24 6.88 7.62 8.48 9.38 10.67 56
4.27 4.71 5.12 5.39 5.77 6.24 6.88 7.62 8.48 9.38 10.44 11.80 57
4.63 5.07 5.39 5.77 6.24 6.88 7.62 8.48 9.37 10.44 11.41 12.67 58
5.01 5.39 5.77 6.24 6.88 7.62 8.48 9.37 10.44 11.41 12.25 13.68 59
5.39 5.77 6.24 6.88 7.62 8.48 9.37 10.44 11.41 12.25 13.06 14.92 60
5.77 6.24 6.88 7.62 8.48 9.37 10.44 11.41 12.25 13.06 14.06 16.46 61
6.24 6.88 7.62 8.48 9.37 10.44 11.41 12.25 13.06 14.06 15.47 18.34 62
6.88 7.62 8.48 9.37 10.44 11.41 12.25 13.06 14.06 15.47 17.33 20.43 63
7.62 8.48 9.37 10.44 11.41 12.25 13.06 14.06 15.47 17.33 19.48 22.56 64
8.35 9.36 10.44 11.41 12.25 13.06 14.06 15.47 17.33 19.48 21.62 24.65 65
9.32 10.44 11.41 12.25 13.06 14.06 15.47 17.33 19.48 21.62 23.01 26.65 66
10.44 11.41 12.25 13.06 14.06 15.47 17.33 19.48 21.62 23.01 24.34 28.57 67
11.41 12.25 13.06 14.06 15.47 17.33 19.48 21.62 23.01 24.34 26.19 30.59 68
12.25 13.06 14.06 15.47 17.33 19.48 21.62 23.01 24.34 26.19 28.31 32.57 69
13.06 14.06 15.47 17.33 19.48 21.62 23.01 24.34 26.19 28.31 30.83 34.99 70
14.06 15.47 17.33 19.48 21.62 23.01 24.34 26.19 28.31 30.83 33.98 37.64 71
15.47 17.33 19.48 21.62 23.01 24.34 26.19 28.31 30.83 33.98 37.58 41.30 72
17.33 19.48 21.62 23.01 24.34 26.19 28.31 30.83 33.98 37.58 41.30 44.96 73
19.48 21.62 23.01 24.34 26.19 28.31 30.83 33.98 37.58 41.30 44.96 48.63 74
21.62 23.01 24.34 26.19 28.31 30.83 33.98 37.58 41.30 44.96 48.63 52.92 75
23.01 24.34 26.19 28.31 30.83 33.98 37.58 41.30 44.96 48.63 52.82 57.47 76
24.34 26.19 28.31 30.83 33.98 37.58 41.30 44.96 48.63 52.82 57.47 62.74 77
26.19 28.31 30.83 33.98 37.58 41.30 44.96 48.63 52.82 57.47 62.74 68.86 78
28.31 30.83 33.98 37.58 41.30 44.96 48.63 52.82 57.47 62.74 68.86 75.84 79
30.83 33.98 37.58 41.30 44.96 48.63 52.82 57.47 62.74 68.86 75.84 83.27 80
33.98 37.58 41.30 44.96 48.63 52.82 57.47 62.74 68.86 75.84 83.27 91.60 81
37.58 41.30 44.96 48.63 52.82 57.47 62.74 68.86 75.84 83.27 91.60 99.95 82
41.30 44.96 48.63 52.82 57.47 62.74 68.86 75.84 83.27 91.60 99.95 108.66 83
44.96 48.63 52.82 57.47 62.74 68.86 75.84 83.27 91.60 99.95 108.66 118.11 84
48.63 52.82 57.47 62.74 68.86 75.84 83.27 91.60 99.95 108.66 118.11 129.28 85
52.82 57.47 62.74 68.86 75.84 83.27 91.60 99.95 108.66 118.11 129.28 141.51 86
57.47 62.74 68.86 75.84 83.27 91.60 99.95 108.66 118.11 129.28 141.51 154.63 87
62.74 68.86 75.84 83.27 91.60 99.95 108.66 118.11 129.28 141.51 154.63 168.39 88
68.86 75.84 83.27 91.60 99.95 108.66 118.11 129.28 141.51 154.63 168.39 182.58 89
75.84 83.27 91.60 99.95 108.66 118.11 129.28 141.51 154.63 168.39 182.58 196.98 90
83.27 91.60 99.95 108.66 118.11 129.28 140.05 154.55 168.39 182.58 196.98 209.75 91
91.60 99.95 108.66 118.11 129.28 139.33 153.25 167.64 182.51 196.98 209.75 222.69 92
99.95 108.66 118.11 129.28 138.61 151.63 166.06 181.01 196.30 209.75 222.69 235.97 93
108.66 118.11 129.28 137.89 151.34 164.12 179.12 194.47 208.34 222.69 235.97 249.66 94
118.11 129.28 137.18 146.96 163.52 176.82 192.33 206.43 222.69 235.97 249.66 264.85 95
129.28 136.47 144.81 161.64 175.84 189.50 203.78 222.69 235.97 249.66 264.85 277.90 96
135.76 142.69 160.71 172.01 188.09 200.40 222.69 235.97 249.66 264.85 277.90 291.56 97
140.60 159.79 170.12 187.75 198.51 222.69 235.97 249.66 264.85 277.90 291.56 305.86 98
148.35 168.25 185.34 197.73 222.69 235.97 249.66 264.85 277.90 291.56 305.86 320.83 99
167.84 182.95 197.07 222.69 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 100
2001 Valuation Basic Table Select & Ultimate Age Nearest Birthday
[Male Smoker]
Issue Age [Annual Premiums per $1,000]
1 2 3 4 5 6 7 8 9 10 11 12 13 14
76 22.42 29.60 36.97 44.06 49.46 54.83 59.86 70.63 87.16 95.29 110.42 128.41 147.44 163.87
77 22.62 31.41 39.87 48.09 54.20 59.74 69.99 86.02 95.07 109.90 124.78 143.71 159.99 178.26
78 23.51 33.08 42.89 53.39 59.62 69.18 84.90 94.85 109.39 121.55 136.23 156.20 175.96 195.12
79 24.75 35.22 46.92 59.50 68.10 83.79 94.63 108.88 119.96 132.64 152.50 173.69 194.47 222.69
80 26.02 38.36 51.99 66.82 82.70 94.41 108.37 118.40 131.13 148.38 169.44 190.16 222.69 235.97
81 27.68 42.41 58.52 75.85 94.19 107.86 116.86 130.23 146.04 164.26 189.53 222.69 235.97 249.66
82 29.99 47.74 66.68 86.63 107.36 115.34 129.33 145.25 161.92 188.90 222.69 235.97 249.66 264.85
83 33.74 54.67 76.47 98.94 113.84 128.44 144.46 159.62 188.27 222.69 235.97 249.66 264.85 277.90
84 39.45 63.29 87.65 112.36 127.56 143.68 157.35 187.64 222.69 235.97 249.66 264.85 277.90 291.56
85 47.19 73.49 100.05 126.68 142.90 155.11 187.02 222.69 235.97 249.66 264.85 277.90 291.56 305.86
86 56.64 85.33 113.87 142.13 152.90 186.40 222.69 235.97 249.66 264.85 277.90 291.56 305.86 320.83
87 67.57 99.08 129.75 150.73 185.78 222.69 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48
88 80.36 115.44 148.59 185.16 222.69 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85
89 96.43 135.33 184.55 222.69 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99
90 117.67 183.94 222.69 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90
91 171.79 219.76 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63
92 210.92 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21
93 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16
94 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16 481.56
95 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16 481.56 509.49
96 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16 481.56 509.49 539.05
97 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16 481.56 509.49 539.05 570.31
98 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39
99 320.83 336.48 352.85 369.98 387.90 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38
[2001 VBT ANB Male Smoker (ages 76 - 99) chart continued on this page]
15 16 17 18 19 20 21 22 23 24 25 Ultimate Attained Age
180.59 196.42 222.69 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 101
195.77 222.69 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 102
222.69 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 103
235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 104
249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 105
264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16 106
277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16 481.56 107
291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16 481.56 509.49 108
305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16 481.56 509.49 539.05 109
320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16 481.56 509.49 539.05 570.31 110
336.48 352.85 369.99 387.90 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 111
352.85 369.99 387.90 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38 112
369.99 387.90 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38 675.41 113
387.90 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38 675.41 714.58 114
406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38 675.41 714.58 756.03 115
430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38 675.41 714.58 756.03 799.88 116
455.16 481.56 509.49 539.05 570.31 603.39 638.38 675.41 714.58 756.03 799.88 846.27 117
481.56 509.49 539.05 570.31 603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 118
509.49 539.05 570.31 603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 119
539.05 570.31 603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00 120
570.31 603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00 1000.00
603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00 1000.00 1000.00
638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00 1000.00 1000.00 1000.00
675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00 1000.00 1000.00 1000.00 1000.00
Exhibit D
The Company's Retention Limits
Life:
A. For Single Life plans other than the Advisor VUL plan with Death Benefit
Option C and the Excel Performance VUL Plan with Death Benefit Option C,
the Company will retain its Retention Limit, as stated below.
--------------------------------------------------------------------------------
Issue Age Preferred Plus, Table 1 to Table 4 Table 5 to Table 16
Preferred, Standard FE to 7.50 FE over 7.50
--------------------------------------------------------------------------------
0-65 $2,000,000 $1,500,000 $500,000
66-75 $1,500,000 $1,000,000 $500,000
76-80 $1,000,000 $500,000 $250,000
81-85 $500,000 $100,000 $0
--------------------------------------------------------------------------------
B. For policies issued on the Advisor VUL plan with Death Benefit Option C
and the Excel Performance VUL Plan with Death Benefit Option C, the Company
will retain the lesser of the maximum retention specified above or the
first $250,000 of each policy. Amounts in excess of $250,000 will be
reinsured on a first dollar quota share basis, with the Company retaining
an additional 50%, which, when totaled with the amount retained initially,
will not exceed the maximum retention specified in Section A, above.
C. For Joint Life plans, the Company will calculate it's retention as
follows:
1. Determine the greater of the Single Life "Maximum Retention" limit
for the (2) insureds from the table shown in Section A, above.
2. Determine the greater of the Single Life "Previous Insurance
Retained" for the (2) insureds.
3. Subtract the greater of the Single Life "Previous Insurance Retained"
amount from the greater of the Single Life "Maximum Retention" limit.
The result is the amount that the Company will retain on the Joint
Life policy.
Waiver of Premium: Same as Life
The Company's retention amounts apply to Life and ADB separately.
Risk Retention
Any change in the net amount at risk due to changes in the cash value applicable
to the policy will be shared proportionately between the Company and its
reinsurers.
Exhibit E
Automatic Issue and Acceptance Limits
For Single Life plans, the total Automatic Issue Amounts available to the
Company on a per life basis, including amounts retained by the Company and all
automatic reinsurance, will be as follows.
For Joint Life plans, the total combined Automatic Issue Amounts available to
the Company on both insureds, including amounts retained by the Company and all
automatic reinsurance, will be as follows.
--------------------------------------------------------------------------------
Issue Age Preferred Plus, Preferred, Table 1 to Table 4 Table 5 to Table 16
Standard FE to 7.50 FE over 7.50
--------------------------------------------------------------------------------
0-65 $24,000,000 $18,000,000 $6,000,000
66-75 $18,000,000 $12,000,000 $6,000,000
76-80 $12,000,000 $6,000,000 $1,000,000
81-85 $2,000,000 $100,000* $0*
--------------------------------------------------------------------------------
*These amounts represent the Company's retention only.
For policies issued on the Advisor VUL and Excel Performance VUL plans having
Death Benefit Options A or B, the Reinsurer will automatically accept 25% of the
excess over the Company's Retention, as specified in Exhibit D, not to exceed
the following limits on a per life basis:
--------------------------------------------------------------------------------
Issue Age Preferred Plus, Table 1 to Table 4 Table 5 to Table
Preferred, Standard FE to 7.50 16
FE over 7.50
--------------------------------------------------------------------------------
0-65 $5,500,000 $4,125,000 $1,375,000
66-75 $4,125,000 $2,750,000 $1,375,000
76-80 $2,750,000 $1,375,000 $187,500
81-85 $375,000 $0 $0
--------------------------------------------------------------------------------
For policies issued on the Advisor VUL and Excel Performance VUL plans having
Death Benefit Option C, amounts in excess of the Company's retention, as
specified in Exhibit D, will be reinsured on a first dollar quota share basis.
Accordingly, the Reinsurer will automatically accept 25% of policy face amounts
in excess of the Company's retention, not to exceed the following limits on a
per life basis:
--------------------------------------------------------------------------------
Issue Age Preferred Plus, Table 1 to Table 4 Table 5 to Table
Preferred, Standard FE to 7.50 16
FE over 7.50
--------------------------------------------------------------------------------
0-65 $5,500,000 $4,125,000 $1,375,000
66-75 $4,125,000 $2,750,000 $1,375,000
76-80 $2,750,000 $1,375,000 $187,500
81-85 $375,000 $0 $0
--------------------------------------------------------------------------------
Exhibit E
Page 2
For SGUL Single Life policies with issue ages 0-69, the Reinsurer will
automatically accept 30% of the excess over the Company's Retention, as
specified in Exhibit D, not to exceed the following limits on a per life basis:
--------------------------------------------------------------------------------
Issue Age Preferred Plus, Table 1 to Table 4 Table 5 to Table
Preferred, Standard FE to 7.50 16
FE over 7.50
--------------------------------------------------------------------------------
0-65 $6,600,000 $4,950,000 $1,650,000
66-75 $4,950,000 $3,300,000 $1,650,000
76-80 $3,300,000 $1,650,000 $225,000
81-85 $450,000 $0 $0
--------------------------------------------------------------------------------
For SGUL Single Life policies with issue ages 70-85, the Reinsurer will
automatically accept 25% of the excess over the Company's Retention, as
specified in Exhibit D, not to exceed the following limits on a per life basis:
--------------------------------------------------------------------------------
Issue Age Preferred Plus, Table 1 to Table 4 Table 5 to Table
Preferred, Standard FE to 7.50 16
FE over 7.50
--------------------------------------------------------------------------------
0-65 $5,500,000 $4,125,000 $1,375,000
66-75 $4,125,000 $2,750,000 $1,375,000
76-80 $2,750,000 $1,375,000 $187,500
81-85 $375,000 $0 $0
--------------------------------------------------------------------------------
For SGUL Joint Life policies, the Reinsurer will automatically accept 30% of the
excess over the Company's Retention, as specified in Exhibit D, not to exceed
the following limits:
--------------------------------------------------------------------------------
Issue Age Preferred Plus, Table 1 to Table 4 Table 5 to Table
Preferred, Standard FE to 7.50 16
FE over 7.50
--------------------------------------------------------------------------------
0-65 $6,600,000 $4,950,000 $1,650,000
66-75 $4,950,000 $3,300,000 $1,650,000
76-80 $3,300,000 $1,650,000 $225,000
81-85 $450,000 $0 $0
--------------------------------------------------------------------------------
In Force Limits:
In force and applied for on any one life:
-------------------------------------------------------------------
Issue Ages Standard to Table 8 Table 9 to Table 16
0-80 $50,000,000 $50,000,000
81-85 $30,000,000 $0
-------------------------------------------------------------------
Exhibit E
Page 3
Waiver of Premium:
Plans with an Increasing Premium Feature
Issue Ages Initial Face Amount
Under 40 $6,000,000
40 - 49 4,000,000
50 and over 2,000,000
Other plans - $60,000 of annual premium to be waived.
Conditional Receipt or Temporary Insurance Agreement Liability
The amount of coverage provided by the Reinsurer under a Conditional Receipt (or
Interim Receipt) or Temporary Insurance Agreement will not exceed the lesser of:
1. The Reinsurer's share, as stated in Exhibit A, of $1,000,000 or
2. The Reinsurer's Automatic Acceptance Limits; or
3. The Reinsurer's share of the difference between the amount of insurance
provided by the Conditional Receipt (or Interim Receipt) or Temporary
Insurance Agreement and the Company's Retention Limit specified in Exhibit
D of this Agreement, assuming the life had been underwritten as standard.
The Company's Retention Limit will include any amounts retained under any
inforce policies on the life.
[Swiss Re Life & Health Logo]
REINSURANCE AGREEMENT #I96127US-08
THIS AUTOMATIC SELF ADMINISTERED YRT REINSURANCE AGREEMENT
Effective June 1, 2008
(hereinafter referred to as the "Agreement")
is made between
AMERITAS LIFE INSURANCE CORPORATION
a Nebraska insurance company
(hereinafter referred to as the "Company")
and
SWISS RE LIFE & HEALTH AMERICA INC.
a Connecticut insurance company
(hereinafter referred to as the "Reinsurer")
TABLE OF CONTENTS
ARTICLE 1
1.1 General
1.2 Scope of Coverage
ARTICLE 2
2.1 Automatic Reinsurance
2.2 Facultative Reinsurance
ARTICLE 3
3.1 Automatic Submissions
3.2 Facultative Submissions
ARTICLE 4
4.1 Commencement of Automatic Reinsurance Liability
4.2 Commencement of Facultative Reinsurance Liability
4.3 Conditional Receipt or Temporary Insurance Agreement Liability
ARTICLE 5
5.1 Premium Accounting
5.2 Currency
5.3 Non-Payment of Premiums
ARTICLE 6
6.1 Right of Offset
ARTICLE 7
7.1 Conversions
7.2 Policy Changes
7.3 Reductions
7.4 Lapses
7.5 Reinstatements
7.6 Reinsurance Limits
ARTICLE 8
8.1 Retention Limit Change
8.2 Recapture
8.3 Waiver of Premium Claims
ARTICLE 9
9.1 Claims Notice and Consultation
9.2 Claims Payment
9.3 Claims Practices
9.4 Contested Claims
9.5 Claims Expenses
9.6 Extra Contractual Obligations
9.7 Misstatement of Age or Sex
ARTICLE 10
10.1 Errors and Omissions in Administration of Reinsurance
10.2 Dispute Resolution
10.3 Arbitration
10.4 Expedited Dispute Resolution Process
ARTICLE 11
11.1 Insolvency
ARTICLE 12
12.1 DAC Tax Election
12.2 Taxes and Expenses
ARTICLE 13
13.1 Entire Agreement
13.2 Inspection of Records
13.3 Utmost Good Faith
13.4 Confidentiality
ARTICLE 14
14.1 Representations and Warranties
ARTICLE 15
15.1 Business Continuity
ARTICLE 16
16.1 Duration of Agreement
16.2 Severability
16.3 Construction
16.4 Credit for Reinsurance
16.5 Non-Waiver
16.6 Retrocession
16.7 Governing Law
16.8 Interest
16.9 Counterparts
EXECUTION
EXHIBITS
A Business Covered
▇-▇ ▇▇▇▇▇▇▇▇ ▇▇▇▇▇▇▇▇▇▇
▇-▇ Facultative Submissions
B Reinsurance Application
B-1 Fac Easy Application
C General Terms
C-1 Rates and Terms for Specific Plans
D The Company's Retention Limits
E Automatic Issue and Acceptance Limits
F Reinsurance Reports
ARTICLE 1
1.1 GENERAL
This Agreement is an indemnity reinsurance agreement solely between the Company
and the Reinsurer. The acceptance of risks under this Agreement by the
Reinsurer will create no right or legal relation between the Reinsurer and the
insured, owner, beneficiary, or assignee of any insurance policy of the Company.
This Agreement will be binding upon the parties hereto and their respective
successors and assigns including any rehabilitator, conservator, liquidator or
statutory successor of either party. Neither party may effect any novation of
this Agreement without the other party's prior written consent.
Day or days, when used in this Agreement, will mean calendar days.
1.2 SCOPE OF COVERAGE
This Agreement applies to all directly issued insurance policies and
supplemental benefits and riders listed in Exhibit A (hereinafter referred to as
"policies" or "policy") and issued in a jurisdiction in which the Company is
properly licensed. On and after the effective date of this Agreement, the
Company will cede and the Reinsurer will accept its share of the benefits
specified in Exhibit A in accordance with the terms of this Agreement. The
policies accepted by the Reinsurer will be hereinafter referred to as "Reinsured
Policies."
The Company may not reinsure the retained amounts specified in Exhibit D on any
basis without the Reinsurer's prior written consent.
This Agreement does not cover the following unless specified elsewhere:
a) Noncontractual conversions, replacements, exchanges or group conversions;
or
b) Policies issued under a program where full current evidence of
insurability consistent with the amount of insurance is not obtained, or
where conventional selection criteria are not applied in underwriting the
risk; or
c) Any conversion of a previously issued policy that had been reinsured with
another reinsurer.
Each Reinsured Policy must provide for the maximum periods of suicide and
contestability protection permitted by applicable law.
ARTICLE 2
2.1 AUTOMATIC REINSURANCE
The Company will automatically cede and the Reinsurer will automatically accept
its share of the Company's policies provided that, to the best of the Company's
knowledge:
a) The Company has retained on each life the amount set out in Exhibit D
according to the age and mortality rating at the time of underwriting; and
b) The total of the new ultimate face amount of reinsurance required,
including any contractual increases and the amount already reinsured on
that life under this Agreement and all other life agreements between the
Reinsurer and the Company, does not exceed the Automatic Acceptance Limits
set out in Exhibit E; and
c) The total new ultimate face amount of insurance, including any contractual
increases on that life in force with all companies, including the Company,
does not exceed the In Force Limits set out in Exhibit E; and
d) The application is on a life for which the current or any previous
application had not been submitted by the Company on a facultative basis to
the Reinsurer or any other reinsurer within the last five years, unless the
reason for the previous facultative submission was for exceeding Automatic
Acceptance Limits or exceeding In Force Limits and no longer applies; and
e) The Policy is not purchased as part of a premium financing program or
third party investment program, unless such programs have been approved in
writing by the Reinsurer.
For purposes of this Article, "ultimate face amount" will mean, to the best of
the Company's knowledge, the projected maximum face amount at the time of
underwriting, including any contractual increases, that could be reached based
on reasonable assumptions made about the policy.
If the Company is already on the risk for its retention under previously issued
policies, the Reinsurer will automatically accept reinsurance for newly issued
policies according to the limits set out in Exhibit E, provided the Company has
complied with the business guidelines specified in Exhibit A-1 (hereinafter the
"Business Guidelines") that would have applied if the new policy had been fully
retained by the Company.
2.2 FACULTATIVE REINSURANCE
Policies that do not qualify for automatic reinsurance hereunder may be
submitted to the Reinsurer on a facultative basis. Additionally, policies that
qualify for automatic reinsurance may be submitted to the Reinsurer for
facultative consideration. If a policy that qualifies for automatic reinsurance
is submitted to the Reinsurer or other reinsurers for consideration, the policy
will be treated as if proposed on a facultative basis.
ARTICLE 3
3.1 AUTOMATIC SUBMISSIONS
The Company will report Reinsured Policies ceded automatically to the Reinsurer
according to the terms specified in Exhibit F.
Upon request, the Company will provide the Reinsurer copies of the application,
underwriting papers and other information pertaining to any automatic cession
under this Agreement.
3.2 FACULTATIVE SUBMISSIONS
Applications for reinsurance on a facultative basis will be made in accordance
with Exhibit A-2. Unless the Reinsurer provides written consent to an
extension, the Company will have the number of days specified in Exhibit A-2
from the date of the Reinsurer's final offer in which to place the policy with
the insured/owner, after which the Reinsurer's offer will expire without further
notice or obligation.
The terms of this Agreement will apply to each accepted facultative offer,
unless the offer specifies different terms.
ARTICLE 4
4.1 COMMENCEMENT OF AUTOMATIC REINSURANCE LIABILITY
The Reinsurer's liability for any Reinsured Policy accepted automatically will
begin simultaneously with the Company's contractual liability for that policy.
4.2 COMMENCEMENT OF FACULTATIVE REINSURANCE LIABILITY
The Reinsurer's liability for facultative reinsurance will begin simultaneously
with the Company's contractual liability if the Company has accepted, during the
lifetime of the insured, the Reinsurer's offer of coverage. However, the
Reinsurer will be bound to facultative policies that are placed with the
Reinsurer by the Company in accordance with the Company's reasonably documented
facultative acceptance procedures.
The Reinsurer will have no liability for any application submitted for
facultative consideration if the Reinsurer declined facultative coverage or made
an offer of coverage that was not accepted by the Company as required by the
terms of this Agreement.
4.3 CONDITIONAL RECEIPT OR TEMPORARY INSURANCE AGREEMENT LIABILITY
Automatic reinsurance coverage provided by the Reinsurer for the Company's
conditional receipt or temporary insurance agreement will begin simultaneously
with the Company's contractual liability and is limited to the Reinsurer's
share, as shown in Exhibit A, of amounts accepted within the Company's usual
cash-with-application procedures for temporary coverage, up to the limits shown
in Exhibit E.
For facultative applications submitted to the Reinsurer, the Reinsurer's
liability under a conditional receipt or a temporary insurance agreement will
begin simultaneously with the Company's contractual liability if the Reinsurer
has received notice from the Company that the Reinsurer's facultative offer has
been accepted. The Reinsurer's liability is limited to its share, as shown in
Exhibit A, of amounts accepted within the Company's usual cash-with-application
procedures for temporary coverage, up to the limits shown in Exhibit E.
If the proposed insured dies prior to the completion of the underwriting
process, the Reinsurer will continue underwriting the risk to determine if a
facultative offer would have been made on the risk. If so, the Reinsurer will
accept liability for the risk, subject to the limits specified in the paragraph
above.
The Reinsurer has no liability for facultative applications that the Company has
not submitted to the Reinsurer.
ARTICLE 5
5.1 PREMIUM ACCOUNTING
The Company will pay the Reinsurer premiums in accordance with the terms
specified in Exhibit C-1.
The method and requirements for reporting and remitting premiums are specified
in Exhibit F.
5.2 CURRENCY
All payments due under this Agreement will be made in U.S. Dollars.
5.3 NON-PAYMENT OF PREMIUMS
The payment of reinsurance premiums is a condition to the liability of the
Reinsurer for reinsurance provided by this Agreement. If reinsurance premiums
are not paid within 60 days of the due date, the Reinsurer may terminate
reinsurance for all Reinsured Policies having reinsurance premiums in arrears.
If the Reinsurer elects to terminate any Reinsured Policies after such 60 day
period, it will then give the Company at least 15 days' prior written notice of
its intention to terminate such reinsurance. If all reinsurance premiums in
arrears, including any which may become in arrears during such 15 day notice
period, are not paid before the end of the notice period, the Reinsurer's
obligations for those Reinsured Policies will be limited to obligations relating
to events arising on or before the last date for which reinsurance premiums have
been paid in full for each Reinsured Policy.
If reinsurance is terminated according to this Article, unearned premiums, net
of outstanding balances, will be paid by the party with the positive balance.
The Company may not force termination through the non-payment of reinsurance
premiums to avoid the Agreement's requirements or to transfer the Reinsured
Policies to another party.
ARTICLE 6
6.1 RIGHT OF OFFSET
The Company and the Reinsurer will have the right to offset any undisputed
balances, whether on account of premiums, allowances, credits, claims or
otherwise due from one party to the other under this Agreement or under any
other reinsurance agreement between the Company and the Reinsurer.
The rights provided under this Article are in addition to any rights of offset
that may exist at common law. The parties' offset rights may be enforced
notwithstanding any other provision of this Agreement including, without
limitation, the provisions of Article 11.
ARTICLE 7
7.1 CONVERSIONS
If a Reinsured Policy is converted according to its terms and the applicable
provisions of the Business Guidelines, the Company will notify the Reinsurer as
specified in Exhibit F. The amount to be reinsured will be determined on the
same basis as used for the original Reinsured Policy (excess of retention or
quota share) but will not exceed the amount reinsured as of the date of
conversion unless mutually agreed otherwise.
Reinsurance will be on a YRT basis using the YRT Rates for Conversions specified
in Exhibit C-1, at the issue age and duration of the original Reinsured Policy.
7.2 POLICY CHANGES
"Policy changes" refers to the variety of actions that may be made to a policy
after issue. These actions include, but are not limited to, replacements,
changes in plans, a change in the face amount of the policy or the addition of a
covered rider. If there is a change to the reinsurance on a Reinsured Policy,
the Company will inform the Reinsurer in the subsequent Changes and Terminations
Report specified in Exhibit F.
Except as provided in this Article, whenever a Reinsured Policy is changed and
the Company's underwriting guidelines do not require that full evidence of
insurability be obtained, the reinsurance will remain in effect with the
Reinsurer, whether the change is made before or after any cancellation of this
Agreement for new business. The suicide and contestability periods applicable
to the original Reinsured Policy will apply to the reissued Reinsured Policy and
the duration will be measured from the effective date of the original Reinsured
Policy.
Whenever a Reinsured Policy is changed and the Company's underwriting guidelines
require that full evidence of insurability be obtained, and the suicide and
contestability periods are based on the reissued policy date, the reinsurance
will remain in effect with the Reinsurer only if the change is made before any
cancellation of this Agreement for new business.
Policy changes to Reinsured Policies will be subject to the Reinsurer's prior
written approval, if:
a) The new ultimate face amount of the policy, including any contractual
increases, would be in excess of the Automatic Acceptance Limit in effect
at the time of the change, as set out in Exhibit E; or
b) The new ultimate face amount of the policy, including any contractual
increases, and the amount already in force in all companies on the same
life exceeds the In Force Limits stated in Exhibit E; or
c) The policy was reinsured on a facultative basis; or
d) Evidence of insurability is not obtained if required in the Company's
underwriting guidelines.
First year premium rates and allowances as specified in Exhibit C-1 will apply
to the amount underwritten for a non-contractual increase.
7.3 REDUCTIONS
Unless specified otherwise in this Agreement, if the amount of a Reinsured
Policy issued by the Company is reduced and:
a) The amount of reinsurance is on an excess basis, then the amount of
reinsurance on that life will be reduced effective the same date by the
full amount of the reduction under the original Reinsured Policy. If the
amount of insurance terminated equals or exceeds the amount of reinsurance,
the full amount of reinsurance will be terminated; or
b) The amount of reinsurance is on a quota share basis, then the amount of
reinsurance on that Reinsured Policy will be reduced effective the same
date by the same proportion as the reduction under the original Reinsured
Policy.
The reduction will first apply to any reinsurance on the Reinsured Policy being
reduced and then, if applicable, in chronological order according to policy date
("first in, first out") to any reinsurance on other policies in force on the
life. However, the Company will not be required to assume a risk for an amount
in excess of its regular retention for the age at issue and the mortality rating
of the policy under which reinsurance is being terminated.
If the reinsurance for a Reinsured Policy has been placed with more than one
reinsurer, the reduction will be applied to all reinsurers pro rata to the
amounts originally reinsured with each reinsurer.
A reduction to one of the Company's policies not reinsured hereunder will
require that the Company maintain its retention as specified in Exhibit D of
this Agreement.
7.4 LAPSES
When a policy issued by the Company lapses, the corresponding reinsurance on the
Reinsured Policy will be terminated effective the same date. Unless specified
otherwise in this Agreement, if a policy fully retained by the Company lapses,
the terms of Article 7.3 will apply. Full retention shall be defined as
specified in Exhibit D of this Agreement.
If a policy issued by the Company lapses and extended term insurance is elected
under the terms of that policy, the corresponding reinsurance on the Reinsured
Policy will continue on the same basis as the original Reinsured Policy until
the expiry of the extended term period.
If a policy issued by the Company lapses and reduced paid-up insurance is
elected under
the terms of that policy, the amount of the corresponding reinsurance on the
Reinsured Policy will be reduced according to the terms of Article 7.3.
If the Company allows the policy to remain in force under its automatic premium
loan regulations, the corresponding reinsurance on the Reinsured Policy will
continue unchanged and in force as long as such regulations remain in effect,
except as otherwise provided in this Agreement.
7.5 REINSTATEMENTS
If a policy reinsured on an automatic basis is reinstated according to its terms
and the Company's reinstatement rules, the Reinsurer will, upon notification,
automatically reinstate the reinsurance. The Reinsurer's approval is required
for the reinstatement of a facultative policy if the Company's regular
reinstatement rules indicate that evidence of insurability, in addition to a
statement of good health, is required.
To the extent the Reinsured Policy requires payment of premiums in arrears, the
Company will pay all reinsurance premiums in arrears on reinstated policies and
such premiums will be subject to Article 16.8 and Exhibit F.
7.6 REINSURANCE LIMITS
The Company will not submit a policy to the Reinsurer unless the amount of
reinsurance on the policy equals or exceeds the Minimum Initial Reinsurance
Limit specified in Exhibit C. A Reinsured Policy will no longer be reinsured
when its reinsured Net Amount at Risk (as defined in Exhibit C-1) is less than
the Minimum Final Reinsurance Limit specified in Exhibit C.
ARTICLE 8
8.1 RETENTION LIMIT CHANGE
If the Company changes its retention limit (hereinafter "Retention Limit"), it
will provide the Reinsurer with written notice of the new Retention Limit at
least 90 days prior to the effective date. Changes to the Company's Retention
Limits in Exhibit D will not affect the Reinsured Policies in force at the time
of such a change except as specifically provided for elsewhere in this
Agreement, and will not affect the Automatic Acceptance Limits in Exhibit E
unless mutually agreed in writing by the Company and the Reinsurer.
If the Company decreases its Retention Limit, no reinsurance may be ceded on an
automatic basis until the parties have reviewed and either expressly affirmed or
revised the terms specified in Exhibit C-1 and the Automatic Acceptance Limits
set out in Exhibit E.
8.2 RECAPTURE
The Company may apply an increase in its Retention Limit to reduce the ceded
amount of inforce reinsurance provided that:
a) The Company gives the Reinsurer irrevocable written notice of its
intention to recapture; and
b) Recapture will be effected on the next anniversary of each Reinsured
Policy eligible for recapture unless agreed otherwise by both parties and
with no recapture being made until the Reinsured Policy has been in force
for the period specified in Exhibit C-1. For a conversion or re-entry, the
recapture terms of the original policy will apply and the duration for the
recapture period will be measured from the effective date of the original
policy; and
c) The Company has maintained, from the time the policy was issued, its full
retention as set out in Exhibit D, and has applied its increased Retention
Limit to all categories set out in Exhibit D.
In applying its increased Retention Limit to Reinsured Policies, the age and
mortality rating at the time of issue will be used to determine the amount of
the Company's increased retention. The amount of reinsurance eligible for
recapture will be the difference between the amount originally retained and the
amount the Company would have retained had the new retention been in effect at
the time of issue. The amount of reinsurance eligible for recapture will be
determined based on the reinsurance net amount at risk as of the date of
recapture. If there is reinsurance with other reinsurers on risks eligible for
recapture, the reduction will be applied pro rata to the total outstanding
reinsurance.
Recapture is optional, but if any reinsured business is recaptured, all eligible
reinsured business must be recaptured. In addition, all life risks reinsured
under any other reinsurance agreement between the Reinsurer and the Company
which are eligible for recapture must be similarly recaptured. No reserves for
the recaptured business will be paid to the Company by the Reinsurer.
Effective as of the recapture date, the Reinsurer will not be liable for any
eligible business which was overlooked. The parties' obligations for any
recaptured business will be limited to those relating to events or circumstances
arising or occurring before the recapture date.
Upon recapture, each party will be deemed to be fully and finally released from
all obligations under this Agreement with respect to the recaptured business.
8.3 WAIVER OF PREMIUM CLAIMS
If Waiver of Premium (W.P.) is a reinsured benefit on any Reinsured Policy
covered by this Agreement and there is a W.P. claim in effect with respect to a
Reinsured Policy when recapture takes place, the W.P. claim will stay in effect
and the Reinsurer will continue to pay its share of the W.P. claim until such
claim terminates. During such period, the Reinsurer will not be liable for any
other benefits with respect to the Reinsured Policy, including the basic life
risk, which are eligible for recapture. All eligible benefits will be
recaptured as if there was no W.P. claim.
ARTICLE 9
9.1 CLAIMS NOTICE AND CONSULTATION
The Company is responsible for the settlement of claims in accordance with
applicable law and policy terms. It is the Company's sole decision to determine
whether a claim is payable under the policy. For purposes of this Article,
Reinsured Policies include conditional receipts and temporary insurance
agreements covered under the terms of this Agreement. It is a condition to the
Reinsurer's obligation to pay a claim that the Company notify the Reinsurer in
writing as soon as possible, but in any event not later than 12 months after the
Company receives notice of a claim on a Reinsured Policy. The Company will
promptly provide the Reinsurer with copies of all claims documents.
As a condition to the Reinsurer's obligation to pay a claim, before making a
claim decision or settlement offer, the Company will seek the Reinsurer's
recommendation on such matters to the extent specified in Exhibit C-1. The
Reinsurer will promptly make a recommendation; failing such, the Company may
settle the claim without further consultation. The terms of Exhibit C-1
notwithstanding, the Company may request a recommendation from the Reinsurer on
any claim on a Reinsured Policy. The Company will provide the Reinsurer all
information, including underwriting files, reasonably requested by the Reinsurer
for consideration of any claim on a Reinsured Policy.
The Company, if notified, will notify the Reinsurer of deaths that do not
trigger policy benefits.
9.2 CLAIMS PAYMENT
The Reinsurer will be liable to the Company for its share of the benefits owed
under the express contractual terms of the Reinsured Policies and as specified
under the terms of this Agreement. The Reinsurer will not participate in any ex
gratia payments made by the Company (i.e., payments the Company is not required
to make under the Reinsured Policy terms.) The payment of death benefits by the
Reinsurer will be in one lump sum regardless of the mode of settlement under the
Reinsured Policy. Benefit payments from the Reinsurer will be due within 30
days of the claim satisfying the requirements established under this Agreement.
The Reinsurer's share of any interest payable under the terms of a Reinsured
Policy or applicable law which is based on the death benefits paid by the
Company, will be payable provided that the Reinsurer will not be liable for
interest accruing on or after the date of the Company's payment of benefits.
The Reinsurer will make payment to the Company for each such claim.
For Waiver of Premium claims, the Company will continue to pay premiums for
reinsurance, except premiums for disability reinsurance. The Reinsurer will pay
its proportionate share of the gross premium waived by the Company on the
Reinsured Policy, including its share of the premiums for benefits that remain
in effect during disability.
For claims on Accelerated Benefit riders reinsured under this Agreement, the
benefit amount
payable by the Reinsurer will be calculated by multiplying the total accelerated
death benefit rider payout by the ratio of the reinsured Net Amount at Risk, as
defined in Exhibit C-1, to the face amount of the Reinsured Policy.
9.3 CLAIMS PRACTICES
It is the Company's sole decision to determine whether to investigate, contest,
compromise or litigate a claim; however, the Company is responsible for
investigating, contesting, compromising or litigating Reinsured Policy claims in
accordance with applicable law and policy terms.
The Company acknowledges that it follows industry standards and investigates
claims with any of the following criteria:
a) If the claim occurs within the contestable period as defined by the
Reinsured Policy; or
b) If there is a reasonable question regarding the validity of the insured's
death or the authenticity of the proofs of death; or
c) If the death occurs outside the United States or Canada; or
d) If the insured is missing or presumed dead; or
e) If there is a reasonable suspicion of fraud.
A claim investigation generally includes confirming proof of death, medical
records to validate the insured's medical disclosures and, if material,
financial condition at the time of Policy application. Investigations may also
include obtaining police reports, coroner's reports, financial records, or other
information that would be appropriate under the circumstances.
The Company acknowledges that it does defend against claims meeting the
following criteria:
f) If a material misrepresentation is found in the Policy application; or
g) If fraud is found; or
h) If there is insufficient proof of death.
9.4 CONTESTED CLAIMS
The Company will notify the Reinsurer promptly of its intention to investigate,
contest, compromise, or litigate any claim involving a Reinsured Policy
(hereinafter a "Contested Claim"). The Company will provide the Reinsurer all
relevant information and documents, as such become available, pertaining to
Contested Claims and will promptly report any
developments during the Reinsurer's review. If the Reinsurer:
a) Does not support the contest of the Claim, the Reinsurer will pay the
Company its full share of the reinsurance benefit, and will not share in
any subsequent reduction or increase in liability or in any subsequent
expenses incurred by the Company; or
b) Supports the Company's decision to contest the claim and the Contested
Claim results in a reduction or increase in liability, the Reinsurer will
share in any reduction or increase in proportion to its share of the risk
on the Contested Claim.
If the Reinsurer supports the decision to contest the claim, the Company will
promptly advise the Reinsurer of all significant developments, including notice
of legal proceedings (including, but not limited to, consumer complaints or
actions by governmental authorities) initiated in connection with the Contested
Claim.
If the Company returns premiums to the policy owner or beneficiary as a result
of rescinding a policy, or if the Company pays a suicide benefit, the Reinsurer
will refund net reinsurance premiums received on that policy to the Company.
9.5 CLAIMS EXPENSES
The Reinsurer will pay its share of reasonable investigation and legal expenses
incurred in investigating, adjudicating or litigating a claim, except as
otherwise provided in this Agreement. The Reinsurer will not be liable for any
routine investigative or administrative claim expenses (such as compensation of
salaried employees) or for any expenses incurred in connection with conflicting
claims of entitlement to Reinsured Policy benefits that the Company admits are
payable.
9.6 EXTRA CONTRACTUAL OBLIGATIONS
For purposes of this Agreement, "Extra Contractual Obligations" are any
obligations or expenses other than contractual obligations incurred by the
Company, its affiliates, directors, officers, employees, agents or other
representatives and arising under the express written terms and conditions of a
policy, including but not limited to, punitive damages, bad faith damages,
compensatory damages, and other damages or fines or penalties which may arise
from the acts, errors or omissions of the Company or its affiliates, directors,
officers, employees, agents or other representatives.
The Reinsurer is not liable for Extra Contractual Obligations associated with a
contested claim unless it concurred in writing and in advance with the claim
actions which were the basis for the Extra Contractual Obligations. In these
situations, the Company and the Reinsurer will share in Extra Contractual
Obligations, in equitable proportions, but all factors being equal, the
Reinsurer's assessments would be in proportion to the risk accepted for the
Reinsured Policy involved.
The Reinsurer will not be liable for any Extra Contractual Obligations resulting
from the Company's failure to follow the agreed upon course of action, such as
the filing of timely pleadings or meeting court or statutory deadlines, etc.
9.7 MISSTATEMENT OF AGE OR SEX
In the event of a change in the amount payable under a Reinsured Policy due to a
misstatement in age or sex, the Reinsurer's liability will change
proportionately. The Reinsured Policy will be rewritten from commencement on the
basis of the adjusted amounts using premiums and amounts at risk for the correct
ages and sex, and the proper adjustment for the difference in reinsurance
premiums, without interest, will be made.
ARTICLE 10
10.1 ERRORS AND OMISSIONS IN ADMINISTRATION OF REINSURANCE
Any unintentional or accidental failure to comply with the terms of this
Agreement which can be shown to be the result of an oversight or clerical error
relating to the administration of reinsurance by either party will not
constitute a breach of this Agreement. Upon discovery, the error will be
promptly corrected so that both parties are restored to the position they would
have occupied had the oversight or clerical error not occurred. In the event a
payment is corrected, the party receiving the payment may charge interest,
calculated according to the terms specified in Exhibit C. Should it not be
possible to restore both parties to this position, the party responsible for the
oversight or clerical error will be responsible for any resulting liabilities
and expenses. The Reinsurer will not be responsible for deliberate acts of the
Company or for recurring errors made by the Company.
If the Company has failed to cede reinsurance as provided under this Agreement
or has failed to comply with reporting requirements with respect to business
ceded hereunder, the Reinsurer may require the Company to audit its records for
similar errors and take reasonable actions necessary to correct errors and avoid
similar errors. Failing prompt correction, the Reinsurer may limit its liability
to the correctly reported Reinsured Policies.
10.2 DISPUTE RESOLUTION
As a condition to the parties' right to arbitration under this Agreement, either
the Company or the Reinsurer will give written notification to the other party
of any dispute relating to or arising from this Agreement, including, but not
limited to, the formation or breach thereof. Within 15 days of notification,
both parties must designate an officer of their respective companies to attempt
to resolve the dispute. The officers will meet at a mutually agreeable location
as soon as possible and as often as necessary to attempt to negotiate a
resolution of the dispute. During the negotiation process, all reasonable
requests made for information concerning the dispute will be promptly honored.
The format for discussions will be determined mutually by the officers.
If these officers are unable to resolve the dispute within 30 days of their
first meeting, the parties may agree in writing to extend the negotiation period
for an additional 30 days. If the matter is not resolved within 30 days of the
first meeting or the additional 30 day period, if any, then either party may
demand arbitration pursuant to Article 10.3. The discussions and all
information exchanged for the purposes of such discussions will be confidential
and without prejudice.
10.3 ARBITRATION
Except with respect to disputes subject to the Expedited Dispute Resolution
Process in Article 10.4, if the Company and Reinsurer are unable to resolve any
dispute arising from this Agreement, including but not limited to the formation
or breach thereof, pursuant to Article 10.2, the matter will be referred to
arbitration.
The arbitration will be conducted in accordance with the Procedures for
Resolution of U.S. Insurance and Reinsurance Disputes, Neutral Panel Version,
April 2004 (the "Procedures") available at ▇▇▇.▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇▇.▇▇▇, except
as modified herein.
The arbitration will be held in New York City or another place as the parties
may mutually agree. The arbitration will be conducted before a three person
Panel qualified as:
a) Current or former officers of life insurance or reinsurance companies, or
b) Professionals with no less than 10 years of experience in or serving the
life insurance or reinsurance industries.
The parties will select such candidates from the ▇▇▇▇▇-US Certified Arbitrators
List available at ▇▇▇.▇▇▇▇▇-▇▇.▇▇▇.
The customs and practices of the life insurance and reinsurance industries may
be considered by the Panel to resolve any ambiguities in the Agreement but only
insofar as such customs and practices are consistent with the terms of this
Agreement. The Panel will not have the authority to award punitive or exemplary
damages.
The Panel will award the remedy sought by the party seeking relief to the extent
the remedy is provided for in this Agreement or otherwise reasonably compensates
the damaged party for the economic effect of any demonstrated breach. Such
remedies may include, but will not be limited to, monetary damages, revisions to
the terms of the Agreement, including adjustments to premiums or allowances paid
or to be paid, or any combination of the foregoing.
The Panel shall issue an order, appropriate for confirmation in a court of
competent jurisdiction, to resolve all matters in dispute. In addition, the
Panel shall issue a written opinion setting forth the reasons for the award,
with citations to the record of the hearing that support the reasoning.
The decision of the Panel will be final and binding upon the parties and their
respective successors and assigns. Each party hereby consents to the entry of
a judgment confirming or enforcing the award in the United States District Court
for the Southern District of New York and/or in any other court of competent
jurisdiction.
Within 20 days after the transmittal of an award, either party, upon notice to
the other party, may request the Panel to correct any clerical, typographical,
or computational errors in the award. The other party will be given ten days to
respond to the request. The Panel will dispose of the request within 20 days of
its receipt of such request and any response thereto. The Panel will not be
empowered to re-determine the merits of any claim already decided.
Each party will:
c) Bear its own fees and expenses in connection with the arbitration,
including the fees of any outside counsel and witness fees, and
d) Share equally in the fees for the members of the Panel and the costs of
the arbitration, such as hearing rooms, court reporters, etc.
It is the intent of the parties that these arbitration provisions replace and be
in lieu of any statutory arbitration provision, if permitted by law.
10.4 EXPEDITED DISPUTE RESOLUTION PROCESS
The parties agree that the following types of issues and disputes will be
subject to arbitration under the expedited procedures set forth in this Article:
a) Any dispute regarding the obligations of the parties with respect to a
single Reinsured Policy, regardless of the amount in controversy; or
b) Any dispute in which the amount in controversy, exclusive of interest or
costs, is less than $1 million.
Arbitration proceedings under this Article will be commenced as specified in
Article 10.3, and shall be subject to the requirements of Article 10.3 to the
extent they are not inconsistent with this Article.
The proceedings will be held before a single neutral umpire meeting the
qualifications set forth in Article 10.3. If the parties are unable to agree on
an umpire within 30 days following commencement of the action, the selection
will be made pursuant to the Umpire Selection Procedure of the ▇▇▇▇▇-US
Certified Arbitrators List available at ▇▇▇.▇▇▇▇▇-▇▇.▇▇▇. No ex parte
communication will be permitted with the umpire at any time prior to the
conclusion of the proceedings.
Within 21 days from the date the selection of the umpire is agreed upon, the
parties and umpire will conduct an organizational meeting by teleconference to
familiarize the umpire with the dispute and to set a timetable for submission of
briefs. There will be no discovery, and the dispute will be submitted on briefs
and documentary evidence only, unless otherwise agreed by the parties or ordered
by the umpire for good cause.
Within 30 days of submission of briefs by the parties, the umpire will render a
written award which will be final and binding on the parties.
ARTICLE 11
11.1 INSOLVENCY
A party to this Agreement will be deemed "insolvent" when it:
a) Applies for or consents to the appointment of a receiver, rehabilitator,
conservator, liquidator or statutory successor (hereinafter referred to as
the Authorized Representative) of its properties or assets; or
b) Is adjudicated as bankrupt or insolvent; or
c) Files or consents to the filing of a petition in bankruptcy, seeks
reorganization or an arrangement with creditors or takes advantage of any
bankruptcy, dissolution, liquidation, rehabilitation, conservation or
similar law or statute; or
d) Becomes the subject of an order to rehabilitate or an order to liquidate
as defined by the insurance code of the jurisdiction of the party's
domicile.
In the event of the insolvency of the Company, all reinsurance ceded, renewed or
otherwise becoming effective under this Agreement will be payable by the
Reinsurer directly to the Company or to its Authorized Representative on the
basis of the liability of the Company for benefits under the Reinsured Policies
without diminution because of the insolvency of the Company.
The Reinsurer will be liable only for benefits reinsured as benefits become due
under the terms of the Reinsured Policies and will not be or become liable for
any amounts or reserves to be held by the Company as to the Reinsured Policies
or for any damages or payments resulting from the termination or restructure of
the Policies that are not otherwise expressly covered by this Agreement. The
Company or its Authorized Representative will give written notice to the
Reinsurer of all pending claims against the Company on any Reinsured Policies
within a reasonable time after filing in the insolvency proceedings. While a
claim is pending, the Reinsurer may investigate such claim and interpose, at its
own expense, in the proceedings where the claim is to be adjudicated, any
defense or defenses which it may deem available to the Company or its Authorized
Representative.
The expense incurred by the Reinsurer will be chargeable, subject to court
approval, against the Company as part of the expense of its insolvency
proceedings to the extent of a proportionate share of the benefit which may
accrue to the Company solely as a result of the defense undertaken by the
Reinsurer. Where two or more reinsurers are involved in the same claim and a
majority in interest elect to interpose a defense to such claim, the expense
will be apportioned in accordance with the terms of the Agreement as though such
expense had been incurred by the Company.
In the event of the insolvency of the Reinsurer, the Company may cancel this
Agreement for new business by promptly providing the Reinsurer or its Authorized
Representative with written notice of cancellation, to be effective as of the
date on which the Reinsurer's insolvency is established by the authority
responsible for such determination. Any
requirement for a notification period prior to the cancellation of the Agreement
would not apply under such circumstances.
In addition, in the event of the insolvency of the Reinsurer, the Company may
provide the Reinsurer or its Authorized Representative with written notice of
its intent to recapture all reinsurance in force under this Agreement regardless
of the duration the reinsurance has been in force or the amount retained by the
Company on the Reinsured Policies. The effective date of a recapture due to
insolvency will be at the election of the Company but may not be earlier than
the date on which the Reinsurer's insolvency is established by the authority
responsible for such determination. If the Company elects to recapture
reinsurance under this Article, unearned premiums, net of outstanding balances,
will be paid by the party with the positive balance.
In the event of the insolvency of either party, the rights or remedies of this
Agreement will remain in full force and effect.
ARTICLE 12
12.1 DAC TAX ELECTION (IF APPLICABLE TO THE COMPANY)
The Company and the Reinsurer agree to the election pursuant to Section
1.848-2(g)(8) of the Income Tax Regulations effective December 29, 1992, under
Section 848 of the Internal Revenue Code of 1986, as amended (such election
being referred to as the "DAC Tax Election"), whereby:
a) The party with the net positive consideration for this Agreement for each
taxable year will capitalize specified policy acquisition expenses with respect
to this Agreement without regard to the general deductions limitation of Section
848(c)(1) of the Internal Revenue Code of 1986, as amended (the "Code");
b) The parties agree to exchange information pertaining to the amount of net
consideration under this Agreement each year to ensure consistency. If
requested, the Company will provide supporting information reasonably requested
by the Reinsurer. (The term "net consideration" means "net consideration" as
defined in Regulation Section 1.848-2(f));
c) This DAC Tax Election will be effective for the first taxable year in
which this Agreement is effective and for all years for which this Agreement
remains in effect.
The Company and the Reinsurer will each attach a schedule to their respective
federal income tax returns filed for the first taxable year for which this DAC
Tax Election is effective. Such schedule will identify the Agreement as a
reinsurance agreement for which the DAC Tax Election under Regulation Section
1.848-2(g)(8) has been made.
The Company and the Reinsurer represent and warrant that each is respectively
subject to U.S. taxation under either the provisions of subchapter L of Chapter
1 or the provisions of subpart F of subchapter N of Chapter 1 of the Code.
12.2 TAXES AND EXPENSES
No taxes, allowances, or expense will be paid by the Reinsurer to the Company
for any Reinsured Policy, except as specifically referred to in this Agreement.
ARTICLE 13
13.1 ENTIRE AGREEMENT
This Agreement and the Exhibits hereto constitute the entire agreement between
the parties with respect to the business reinsured hereunder and supersede any
and all prior representations, warranties, prior agreements or understandings
between the parties pertaining to the subject matter of this Agreement. There
are no understandings between the parties other than as expressed in this
Agreement and the Exhibits hereto. In the event of any express conflict between
the Agreement and the Exhibits hereto, the Exhibits hereto will control.
Any change or modification to this Agreement and the Exhibits hereto will be
null and void unless made by written amendment and signed by both parties.
13.2 INSPECTION OF RECORDS
The Reinsurer or its duly appointed representatives will have access to records
of the Company, whether written or electronic, and including system view access,
concerning the business reinsured hereunder for the purpose of inspecting,
auditing and photocopying those records. Such access will be provided at the
office of the Company and will be during reasonable business hours. Assuming
the Reinsurer has continued to perform the undisputed portion of its obligations
under this Agreement, the Company may not withhold access to information and
records on the grounds that the Reinsurer is in breach.
The Reinsurer's right of access as specified above will survive until all of the
Reinsurer's obligations under this Agreement have terminated or been fully
discharged.
13.3 UTMOST GOOD FAITH
All matters with respect to this Agreement require the utmost good faith of each
of the parties.
13.4 CONFIDENTIALITY
The parties will keep confidential and not disclose or make competitive use of
any shared Proprietary Information, as defined below, unless:
a) The information becomes publicly available or is obtained other than
through unauthorized disclosure by the party seeking to disclose or use
such information;
b) The information is independently developed by the recipient;
c) The disclosure is, in the reasonable judgment of either party, required or
deemed advantageous (in terms of pricing, ease of execution or otherwise)
for the purpose of any reinsurance, retrocession, securitization, or
structured, asset-backed or asset-based financing; or
d) The disclosure is required by law.
"Proprietary Information" includes, but is not limited to, underwriting manuals
and guidelines, applications, contract forms, and premium rates and allowances
of the Reinsurer and the Company, but shall not include the existence of this
Agreement and the identity of the parties. Nothing herein shall preclude either
party from sharing Proprietary Information for normal business operations or, on
an aggregated basis, for internal operations such as developing pricing models
and actuarial analyses. Additionally, Proprietary Information may be shared by
either party on a need-to-know basis with its employees, affiliates, third party
service providers, auditors, consultants or retrocessionaires, or in connection
with the dispute process specified in this Agreement.
In addition, the Reinsurer and its representatives and service providers will
protect the confidentiality and security of Non-Public Personal Information, as
defined below, by:
e) Holding all Non-Public Personal Information in strict confidence;
f) Maintaining appropriate measures that are designed to protect the
security, integrity and confidentiality of Non-Public Personal Information;
g) Disclosing and using Non-Public Personal Information received under this
Agreement for purposes of carrying out the Reinsurer's obligations under
this Agreement, for purposes of retrocession, or as may be required or
permitted by law.
"Non-Public Personal Information" is personally identifiable medical, financial,
and other personal information about proposed, current and former applicants,
policy owners, contract holders, insureds, annuitants, claimants, and
beneficiaries of Reinsured Policies or contracts issued by the Company, and
their representatives, that is not publicly available. Non-Public Personal
Information does not include de-identified personal data, i.e., information that
does not identify, or could not reasonably be associated with, an individual.
The Company will obtain, as required by law, appropriate consents from its
insureds to enable the parties to fully exercise their rights and perform their
obligations under this Agreement.
ARTICLE 14
14.1 REPRESENTATIONS AND WARRANTIES
The Company makes no representations and warranties as to the future experience
or profitability arising from the Reinsured Policies.
Each party represents and warrants that it is solvent on a statutory basis on
the date hereof in all states in which it does business or is licensed.
"Material" or "materially" for purposes of Articles 14 and 15 will mean facts
that a prudent reinsurer or insurer would consider as reasonably likely to
affect the Reinsurer's experience under the Agreement. Prior to the execution
of this Agreement, the Company has provided to the Reinsurer the Business
Guidelines for use in its assessment of the risks covered hereunder. The
Company represents and warrants that, to the best of its knowledge:
a) It has disclosed to the Reinsurer all information which is material to the
risks being assumed hereunder; and
b) The Business Guidelines were complete and accurate when disclosed; and
c) There has been no material change in the Business Guidelines between the
"as of" dates of the information and the date of Agreement execution.
This Article will not terminate or expire until all Reinsured Policies have been
discharged or terminated in full.
ARTICLE 15
15.1 BUSINESS CONTINUITY
All Reinsured Policies will be issued and administered in accordance with the
Business Guidelines. The Company will notify the Reinsurer of any change that
materially affects the reinsured business, including changes to the Business
Guidelines. This Agreement will not cover policies affected by such changes
unless the Reinsurer has agreed in writing and in advance with the changes.
Outsourcing of underwriting functions, administrative functions or claims
administration with respect to the Reinsured Policies will constitute a material
change. If the Reinsurer agrees to accept policies affected by the outsourcing,
the Company will secure the Reinsurer's right to audit and inspect the party
performing such outsourced services.
If Reinsured Policies are not covered due to an unapproved material change, all
payments between the Company and the Reinsurer with respect to the affected
Policies shall be refunded, excluding items relating to reserves or interest on
reserves. No liability shall remain with the Reinsurer with respect to such
Policies.
ARTICLE 16
16.1 DURATION OF AGREEMENT
This Agreement is unlimited as to its duration.
The Reinsurer or the Company may terminate this Agreement or any plan listed in
Exhibit A with respect to the reinsurance of new business by giving at least 90
days' written notice of termination to the other party or pursuant to Article
15.1 of this Agreement. During the 90 day notification period, the Company will
continue to cede and the Reinsurer will continue to accept policies covered
under the terms of this Agreement.
The Reinsurer remains liable for all Reinsured Policies in force as of the date
of the termination, until their natural expiration, unless the parties mutually
decide otherwise or as specified otherwise in this Agreement. All provisions of
this Agreement will survive its termination to the extent necessary to carry out
its purpose.
16.2 SEVERABILITY
Determination that any provision of this Agreement is invalid or unenforceable
will not affect or impair the validity or the enforceability of the remaining
provisions of this Agreement.
16.3 CONSTRUCTION
This Agreement will be construed and administered without regard to authorship
and without any presumption or rule of construction in favor of either party.
This Agreement is between sophisticated parties, each of which has reviewed the
Agreement and is fully knowledgeable about its terms and conditions.
16.4 CREDIT FOR REINSURANCE
The parties intend that the Company will receive statutory reserve credit in its
state of domicile for reinsurance provided under this Agreement. The parties
agree to use reasonable efforts to ensure that such reserve credit will remain
available to the Company.
16.5 NON-WAIVER
A waiver by either party of any violation, or the default by the other party in
its adherence to any term of this Agreement, will not constitute a waiver of any
other or subsequent violation or default. No prior transaction or dealing
between the parties will establish any custom, usage or precedent waiving or
modifying any provision of the Agreement. The failure of either party to
enforce any part of this Agreement will not constitute a waiver of any right to
do so.
16.6 RETROCESSION
The Reinsurer may reinsure or retrocede any risks or business assumed hereunder.
16.7 GOVERNING LAW
This Agreement shall be governed by the laws of the State of New York.
16.8 INTEREST
Each party reserves the right to charge interest on balances overdue, pursuant
to the terms of this Agreement. If applicable, interest will be calculated
according to the terms specified in Exhibit C.
16.9 COUNTERPARTS
This Agreement may be executed in any number of counterparts, all of which taken
together shall constitute one Agreement, and any of the parties hereto may
execute this Agreement by signing any such counterpart. When this Agreement has
been fully executed by the Company and the Reinsurer, it will become effective
as of the Effective Date specified in Exhibit A.
EXECUTION
This Agreement has been made in duplicate and hereby executed by both parties.
Signed for and on behalf of AMERITAS LIFE INSURANCE CORPORATION
By: /s/ ▇▇▇▇▇ ▇▇▇▇▇▇ By: /s/ ▇▇▇▇ ▇▇▇▇▇▇▇
--------------------------------- -----------------------------
Title: 2nd VP Title: Corporate Actuary
--------------------------------- -----------------------------
Date: 6/16/09 Date: 6/17/09
--------------------------------- -----------------------------
Signed for and on behalf of SWISS RE LIFE & HEALTH AMERICA INC.
By: /s/ ▇▇▇▇▇ ▇. Cartman By: /s/ ▇▇▇▇▇▇▇ ▇▇▇▇▇
--------------------------------- -----------------------------
Title: VP Title: Sr. VP
--------------------------------- -----------------------------
Date: 9/17/08 Date: 9/17/08
--------------------------------- -----------------------------
EXHIBIT A
BUSINESS COVERED
AGREEMENT EFFECTIVE DATE:
June 1, 2008. The commencement dates for specific plans are shown below.
COVERAGE:
The policies on the plans shown below which have policy issue dates falling in
the period that begins with the Commencement Date and ends with the Termination
Date and that qualify for automatic reinsurance are covered according to the
Basis specified below, provided that the policies are on permanent residents of
the United States.
BASIS:
1. For the SGUL Single Life Plan with Issue Ages 0-69, 30% of the excess over
the Company's retention as stated in Exhibit D, to the maximum of the
Automatic Acceptance Limits stated in Exhibit E, applicable to policies on
lives with surnames commencing with the letters A to Z inclusive.
2. For the SGUL Single Life Plan with Issue Ages 70-85, 25% % of the excess
over the Company's retention as stated in Exhibit D, to the maximum of the
Automatic Acceptance Limits stated in Exhibit E, applicable to policies on
lives with surnames commencing with the letters A to Z inclusive.
3. For the SGUL Joint Life Plan, 30% of the excess over the Company's
retention as stated in Exhibit D, to the maximum of the Automatic
Acceptance Limits stated in Exhibit E, applicable to policies on lives with
surnames commencing with the letters A to Z inclusive.
COMPANY'S STATE OF DOMICILE: Nebraska
PLANS, RIDERS AND BENEFITS:
PLAN EXHIBIT REFERENCE BASIS NO. COMMENCEMENT TERMINATION
IDENTIFICATION FOR RATES (AS SPECIFIED ABOVE) DATE DATE
SGUL Single Life C-1 1, 2 June 1, 2008
Other Insured Rider
Waiver of Premium
Rider
SGUL Joint Survivor Life C-1 3 June 1, 2008
Other Insured Rider
Policy Split Rider
Estate Protection Rider
Waiver of Premium
Rider
EXHIBIT A-1
BUSINESS GUIDELINES
The Company affirms that the following have been supplied to the Reinsurer and
are in use as of the effective date of this Agreement:
1. Policy Form(s)
Excel Secondary Guarantee UL - Form #3301.pdf,
Excel Secondary Guarantee SUL-Form #3365.pdf
2. Policy Application Form(s)
FullUnderwApp2003.pdf
UCL Statement of Intent.pdf
3. Supplemental Benefit and Rider Form(s)
TD 8775 rider_UL.pdf
APSRO1spec.pdf
AEPRO1spec.pdf
4. Underwriting Requirements Grid (medical and non-medical)
UCL Underwriting Guidelines1.pdf
5. Preferred Underwriting Criteria or Rules
Underwriting_Pfd Pfdplus1 102.pdf
UCL Height and weight chart2005.doc
UCLselect nontobacco 8 23 04.doc
UCL Older age Underwriting Guidelines_Age70+_7 18 07 ▇▇ ▇▇▇▇▇.doc
The Company affirms that the following Underwriting Manual is in use as of the
effective date of this Agreement:
Swiss Re
EXHIBIT A-2
FACULTATIVE SUBMISSIONS
The Company may submit on a facultative basis to the Reinsurer any application
for a policy which meets the conditions outlined in Article 2.2 by sending to
the Reinsurer an Application for Reinsurance, a sample of which is included as
Exhibit B. The Application for Reinsurance will include copies of all
underwriting evidence that is available for risk assessment, including copies of
the application for insurance, medical examiners' reports, attending physicians'
statements, inspection reports, and other papers bearing on the insurability of
the risk as requested by the Reinsurer. The Company will also notify the
Reinsurer of any outstanding underwriting requirements at the time of the
facultative submission. Any subsequent information pertinent to the risk
assessment will be transmitted to the Reinsurer immediately.
After consideration of the Application for Reinsurance and related papers, the
Reinsurer will promptly inform the Company of its underwriting decision. The
Reinsurer's facultative offer will expire at the end of 120 days, unless
otherwise specified by the Reinsurer. If the Company accepts the Reinsurer's
offer and the policy is placed in force in accordance with the Business
Guidelines provided to the Reinsurer, the Company will duly notify the Reinsurer
according to the New Business Report specified in Exhibit F. The Reinsurer's
share of liability for such policy will commence at the time specified in
Article 4.2 of the Agreement.
FACEASY SUBMISSIONS
The Reinsurer may, at its option, permit the Company to apply for facultative
reinsurance by using the FacEasy method of submission. Only policies with face
amounts of $2,500,000 or less and on proposed insureds aged 75 or less may be
submitted as FacEasy submissions.
If this option is made available to the Company by the Reinsurer, the Company
may apply for reinsurance on a facultative basis by sending to the Reinsurer an
Application for Reinsurance, a sample of which is included as Exhibit B-1.
Unless specified elsewhere in the Agreement, only those documents relevant to
issues prompting facultative submission will be provided to the Reinsurer, and
all other documents will be considered reviewed and approved by the Company. The
Company will also notify the Reinsurer of any outstanding underwriting
requirements at the time of the facultative submission. Any subsequent
information pertinent to the risk assessment will be transmitted to the
Reinsurer immediately.
After consideration of the Application for Reinsurance and related papers, the
Reinsurer will promptly inform the Company of its underwriting decision. The
Reinsurer's facultative offer will expire at the end of 120 days, unless
otherwise specified by the Reinsurer. If the Company accepts the Reinsurer's
offer and the policy is placed in force in accordance with the Business
Guidelines provided to the Reinsurer, the Company will duly notify the Reinsurer
according to the New Business Report specified in Exhibit F. The Reinsurer's
share of liability for such policy will commence at the time specified in
Article 4.2 of the Agreement.
If any risk is submitted to more than one reinsurer for consideration, the
Company's rules for placement of facultative cases will apply.
EXHIBIT B
REINSURANCE APPLICATION
------------------------------------------------------------------------------------------------------------------------------------
From: Company Name
------------------------------------------------------------------------------------------------------------------------------------
Company Name
------------------------------------------------------------------------------------------------------------------------------------
Last First Middle Date of Birth Age Sex
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Applicant's Name
------------------------------------------------------------------------------------------------------------------------------------
Social Security Number
------------------------------------------------------------------------------------------------------------------------------------
Plan Preferred Smoker Nonsmoker Reunderwriting
------------------------------------------------------------------------------------------------------------------------------------
Curr Residence For Premium Tax Policy Number Policy Date Preliminary Term From
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Type of Application
------------------------------------------------------------------------------------------------------------------------------------
Facultative Automatic PLACEMENT DATE SELF ADMINISTERED(Bulk) Terms YRT Coinsurance
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Decrement Cash Values Reserves AGE BASIS RETENTION CODE Full Reduced Nil
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Reinsurance Amounts Basic Coverage Additional Coverage Waiver Premium Accidental Death Other Benefits
Benefit Benefit
------------------------------------------------------------------------------------------------------------------------------------
Previous Insurance In force
------------------------------------------------------------------------------------------------------------------------------------
Of Which We Retained -
------------------------------------------------------------------------------------------------------------------------------------
Insurance Now Applied For -
------------------------------------------------------------------------------------------------------------------------------------
Of Which We Retain -
------------------------------------------------------------------------------------------------------------------------------------
Reinsurance This Cession -
------------------------------------------------------------------------------------------------------------------------------------
Extra Premium
------------------------------------------------------------------------------------------------------------------------------------
Rating If Substandard -
------------------------------------------------------------------------------------------------------------------------------------
Coinsurance Premium -
------------------------------------------------------------------------------------------------------------------------------------
*For YRT cases state Gross Premiums WP AD Other Amount of Premium Annual Decrement for
and Expiry Ages for benefits to be Waived Amount at Risk
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Additional Information or Remarks
------------------------------------------------------------------------------------------------------------------------------------
------------------------------------------------------------------------------------------------------------------------------------
Date By
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EXHIBIT B-1
-----------
FACEASY APPLICATION
-------------------
Initial Summarized Data Capture
Summarized Case Data
First Name:
Middle Initial:
Last Name:
Policy Number:
Amount($):
Date of Birth:
Place of Birth:
Residence:
Sex [ ]Male [ ]Female
Tobacco:
Risk Factors
The following Risk Factors are optional but completion may improve offer.
Family History:
Cholesterol/HDL
Blood Pressure
Build
MIB Authorization
[ ] Yes Signed, dated MIB authorization and pre-notice present?
[ ] No
EXHIBIT C
GENERAL TERMS
1. PREMIUM TAX: The Reinsurer will not reimburse the Company for premium
taxes.
2. DIVIDEND PAYMENTS: The Reinsurer will not reimburse the Company for
dividends paid to policyholders.
3. POLICY LOANS: The Reinsurer will not participate in policy loans or other
forms of indebtedness as respects the Reinsured Policies.
4. CASH SURRENDER VALUES: The Reinsurer will not reimburse the Company for
cash surrender values paid to the policyholder.
5. REINSURANCE LIMITS:
MINIMUM INITIAL REINSURANCE LIMIT: $22,500
MINIMUM FINAL REINSURANCE LIMIT: $22,500
MINIMUM INITIAL FACULTATIVE REINSURANCE LIMIT: $250,000 (face amount)
to age 70
$100,001 (face amount)
over age 70
6. INTEREST CALCULATION ON LATE PAYMENTS: Any amounts remaining unpaid for
more than 30 days from the due date as specified in Exhibit F or otherwise
required will accrue interest from the due date at a rate equal to the
Three Month London Interbank Offering Rate (LIBOR) as published in the Wall
Street Journal (or if not available, a comparable publication) on the due
date or, if the due date is not a business day, on the next business day
after the due date, plus 50 basis points per annum to be compounded and
adjusted every three months after such due date.
7. RATES APPLICABLE TO INCREASES: Non-contractual increases which are
underwritten consistently with the Business Guidelines and have the same
sales compensation paid as a new issue will be reinsured as a new issue.
First year reinsurance premium rates and allowances will apply.
EXHIBIT C-1
RATES AND TERMS FOR SGUL SINGLE AND JOINT LIFE SURVIVOR PLANS
1. REINSURANCE STRUCTURE: YRT
2. AGE BASIS: Nearest
3. PREMIUM MODE: Annual in Advance
4. BILLING FREQUENCY: MONTHLY
5. PREMIUMS:
BASIC PREMIUMS FOR THE SGUL SINGLE LIFE PLAN: The Company will pay to the
Reinsurer a basic premium calculated by multiplying the net amount at risk
of the Reinsured Policy, as defined in the Net Amounts At Risk provision of
this Exhibit, by the appropriate rate from the 2001 VBT (S&U) ANB Rate
Table included at the end of this Exhibit, subject to the percentages shown
below. The Company will continue to pay the appropriate premium to the
Reinsurer as long as the Reinsured Policy is in force.
The following percentages will be applied to the reinsurance premiums
payable hereunder:
[*] FIRST YEAR PREMIUM
-----------------------------------------------------
ISSUE AGES
-----------------------------------------------------
UNDERWRITING CLASS 18-69 70+
-----------------------------------------------------
MALE Preferred Plus [*] [*]
-----------------------------------------------------
Preferred NT [*] [*]
-----------------------------------------------------
Select NT [*] [*]
-----------------------------------------------------
Standard NT [*] [*]
-----------------------------------------------------
Preferred T [*] [*]
-----------------------------------------------------
Standard T [*] [*]
-----------------------------------------------------
FEMALE Preferred Plus [*] [*]
-----------------------------------------------------
Preferred NT [*] [*]
-----------------------------------------------------
Select NT [*] [*]
-----------------------------------------------------
Standard NT [*] [*]
-----------------------------------------------------
Preferred T [*] [*]
-----------------------------------------------------
Standard T [*] [*]
-----------------------------------------------------
BASIC PREMIUMS FOR THE JOINT LIFE SURVIVOR SGUL PLAN: The Company will pay to
the Reinsurer a basic premium calculated by multiplying the net amount at risk
of the Reinsured Policy, as defined in the Net Amounts At Risk provision of this
Exhibit, by the appropriate rate from the 2001 VBT (S&U) ANB Rate Table included
at the end of this Exhibit,
EXHIBIT C-1
PAGE 2
subject to the percentages shown below and the application of the frasierization
formula described below. Such percentageswill be applied before the JLLS rates
have been Frasierized. The Company will continue to pay the appropriate premium
to the Reinsurer as long as the Reinsured Policy is in force.
The following percentages will be applied to the reinsurance premiums payable
hereunder:
[*] FIRST YEAR PREMIUM (EXCEPT FOR THE ESTATE PROTECTION RIDER, WHICH HAS A
FIRST YEAR PREMIUM PAYABLE TO THE REINSURER.)
---------------------------------------------------------------------------
ISSUE AGES
---------------------------------------------------------------------------
UNDERWRITING <▇▇ ▇▇-▇▇ ▇▇-▇▇ 60-69 70+
CLASS
---------------------------------------------------------------------------
MALE Preferred Plus [*] [*] [*] [*] [*]
---------------------------------------------------------------------------
Preferred NT [*] [*] [*] [*] [*]
---------------------------------------------------------------------------
Select NT [*] [*] [*] [*] [*]
---------------------------------------------------------------------------
Standard NT [*] [*] [*] [*] [*]
---------------------------------------------------------------------------
Preferred T [*] [*] [*] [*] [*]
---------------------------------------------------------------------------
Standard T [*] [*] [*] [*] [*]
---------------------------------------------------------------------------
FEMALE Preferred Plus [*] [*] [*] [*] [*]
---------------------------------------------------------------------------
Preferred NT [*] [*] [*] [*] [*]
---------------------------------------------------------------------------
Select NT [*] [*] [*] [*] [*]
---------------------------------------------------------------------------
Standard NT [*] [*] [*] [*] [*]
---------------------------------------------------------------------------
Preferred T [*] [*] [*] [*] [*]
---------------------------------------------------------------------------
Standard T [*] [*] [*] [*] [*]
---------------------------------------------------------------------------
FORMULA FOR FRASIERIZATION OF ANNUAL JLLS RATES:
x = Issue age of younger insured
y = Issue age of older insured
t = Duration for which premium is to be calculated
P = Probability of survival to duration d for single life "x" or "y", or joint
lives "xy"
dqx, dqy = annual per $1 premium rate for single life "x" or "y" during policy
duration d, adjusted for multiple extra substandard premiums or annual flat
extras (net of allowances), if any
dPx = (1-1qx) x (1-2qx) x....x (1-dqx)
dPy = (1-1qy) x (1-2qy) x....x (1-dqy)
dPxy = dPx + dPy - (dPx) x (dPy)
tqxy = Frasierized annual premium rate per dollar in duration t, derived as
follows:
If t = 1, then 1qxy = 1 - 1Pxy
If (y+t - 1) is greater than the premium payment end age then
(y+t-1)qxy = tqx
Otherwise, tqxy = 1- tPxy/t-1Pxy
EXHIBIT C-1
PAGE 3
The Frasierized JLLS Rate per $1,000 in Policy Year t = 1000*tqxy
For Joint Life Last Survivor business, the Frasierized JLLS Rate per $1,000 is
subject to a minimum rate of $[*] in all years that a reinsurance premium is
payable.
TABLE EXTRA PREMIUMS/MULTIPLE EXTRA PREMIUMS:
Any extra premiums payable due to additional mortality risk will be payable to
the Reinsurer.
Table extra premiums are equal to [*] of the standard basic premium for each
assessed table of extra mortality. The Multiple Extra Premium is developed by
adding all Table Extra premiums to the standard basic premium.
SUPPLEMENTARY RIDER(S)
For the Other Insured Rider specified in Exhibit A which is reinsured on a YRT
basis, the same basic premium the Company pays the Reinsurer, as developed
above, will apply.
For the Policy Split Rider specified in Exhibit A which is reinsured on a YRT
basis, the same basic premium the Company pays the Reinsurer, as developed
above, will apply.
For the Estate Protection Rider specified in Exhibit A which is reinsured on a
YRT basis, the same basic premium the Company pays the Reinsurer, as developed
above, will apply, except that a first year premium is payable.
For the Waiver of Premium Rider specified in Exhibit A which is coinsured,
premiums will be calculated on the amount reinsured using the same annual rate
the Company charges the policy owner for such coverage.
6. OTHER ALLOWANCES:
ON MULTIPLE EXTRA PREMIUMS:
Not applicable
ON SUPPLEMENTARY RIDER(S)
The Reinsurer will pay the Company the following allowances:
-------------------------------------------------------------------
RIDER NAME POLICY YEAR 1 POLICY YEAR 2+
-------------------------------------------------------------------
Waiver of Premium Rider [*] [*]
-------------------------------------------------------------------
ON FLAT EXTRA PREMIUMS: When a flat extra premium is payable for 5 years or
less, an allowance of [*] of the gross flat extra charged by the Company will be
made each year. When a flat extra premium is payable for more than 5 years, an
allowance of [*] of the gross flat extra charged by the Company will be made in
the first year and an allowance of [*] in each year thereafter.
7. POLICY FEE:
There is no policy fee applicable.
EXHIBIT C-1
PAGE 4
8. NET AMOUNTS AT RISK:
For Variable Benefit Plans, the reinsured net amount at risk will be the
difference between the reinsured face amount and the account value applicable to
the reinsured face amount. The reinsured face amount is the initial amount
reinsured under this Agreement or as reset by subsequent scheduled or fully
underwritten increases. For reinsured net amount at risk purposes, the account
value is that which is in effect for each reinsurance premium accounting period.
For Universal Life type plans, if the death benefit is Option A, the reinsured
net amount at risk will be the difference between the reinsured death benefit
and the account values applicable to the reinsured face amount of the policy. If
the death benefit is Option B, the reinsured net amount at risk will be the
reinsured death benefit.
Fluctuations in the amount at risk caused by the normal workings of the cash
value fund in Universal Life type plans will be shared by the Company and the
Reinsurer using the same retention method as for the base policy.
9. RATE BASIS:
The rates in this subsection are on a non-participating basis.
10. RATE GUARANTEE: The reinsurance rates set out in this Exhibit are
guaranteed for the first policy year. In subsequent policy years, the Reinsurer
reserves the right to increase the premiums for reinsurance but not above the
statutory net valuation premium applicable to the Reinsured Policies after
increase.
If the Reinsurer exercises its right to increase reinsurance premiums under this
Agreement in an amount greater than that required to ensure that the Reinsurer
will participate in its share of any increases in premium rates, costs, charges
or fees as implemented by the Company for the Reinsured Policies, the Company
may recapture all of the Reinsured Policies on which reinsurance rates have been
increased regardless of the Reinsured Policies' duration in force. If the
Company elects to recapture reinsurance under this provision, unearned premiums,
net of outstanding balances, will be paid by the party with the positive
balance.
11. DEFICIENCY RESERVES: No deficiency reserves will be held by the
Reinsurer for the Reinsured Policies.
EXHIBIT C-1
PAGE 5
12. MINIMUM RECAPTURE PERIOD:
[*] Years
13. YRT RATES FOR CONVERSIONS:
Not Applicable
14. CONDITIONS REQUIRING CLAIMS CONSULTATION: Before conceding liability or
making settlement to the claimant, the Company will seek the Reinsurer's
recommendation if:
a) The claim occurs during the contestable period and the Company is not
contesting the claim; or
b) The claim occurs outside of the United States or Canada; or
c) The claim is one for which there is no body, i.e. the insured is missing
and presumed dead.
15. SPECIAL CONDITIONS:
None
2001 Valuation Basic Table -- Male -- Nonsmoker -- 1000qx (Age Nearest Birthday)
Duration
1 2 3 4 5 6 7 8 9 10 11 12 13 14
0
1
2
3 0.58
4 0.58 0.68
5 0.57 0.68 0.76
6 0.57 0.68 0.76 0.82
7 0.57 0.68 0.76 0.82 0.83
8 0.56 0.68 0.76 0.81 0.82 0.82
9 0.56 0.68 0.76 0.81 0.81 0.81 0.81
10 0.56 0.67 0.76 0.80 0.80 0.80 0.80 0.80
11 0.56 0.67 0.76 0.79 0.79 0.79 0.79 0.79 0.80
12 0.56 0.67 0.76 0.78 0.78 0.78 0.78 0.78 0.79 0.81
13 0.56 0.67 0.76 0.77 0.77 0.77 0.77 0.77 0.79 0.80 0.83
14 0.56 0.67 0.76 0.77 0.77 0.77 0.77 0.77 0.77 0.79 0.82 0.83
15 0.56 0.67 0.76 0.76 0.76 0.76 0.76 0.76 0.76 0.78 0.80 0.83 0.83
16 0.56 0.67 0.75 0.75 0.75 0.75 0.75 0.75 0.75 0.76 0.78 0.81 0.82 0.83
17 0.67 0.74 0.74 0.74 0.74 0.74 0.74 0.74 0.75 0.77 0.78 0.80 0.80 0.80
18 0.73 0.73 0.73 0.73 0.73 0.73 0.73 0.73 0.75 0.75 0.76 0.77 0.77 0.79
19 0.70 0.70 0.70 0.70 0.70 0.70 0.70 0.72 0.72 0.72 0.73 0.73 0.74 0.77
20 0.66 0.66 0.66 0.66 0.66 0.67 0.67 0.68 0.68 0.68 0.69 0.70 0.72 0.76
21 0.60 0.60 0.60 0.60 0.61 0.62 0.63 0.63 0.64 0.65 0.66 0.69 0.72 0.77
22 0.55 0.55 0.55 0.56 0.58 0.58 0.59 0.60 0.60 0.63 0.65 0.68 0.72 0.79
23 0.49 0.49 0.51 0.53 0.55 0.56 0.57 0.58 0.59 0.62 0.65 0.68 0.74 0.81
24 0.43 0.44 0.48 0.51 0.54 0.55 0.56 0.58 0.60 0.63 0.67 0.71 0.77 0.85
25 0.35 0.40 0.46 0.51 0.53 0.55 0.57 0.58 0.62 0.66 0.70 0.75 0.82 0.91
26 0.32 0.39 0.46 0.52 0.54 0.56 0.57 0.61 0.64 0.69 0.74 0.80 0.88 0.99
27 0.30 0.39 0.46 0.53 0.56 0.57 0.61 0.64 0.68 0.74 0.80 0.87 0.96 1.09
28 0.30 0.39 0.47 0.53 0.57 0.60 0.63 0.68 0.73 0.79 0.87 0.96 1.06 1.20
29 0.29 0.39 0.48 0.54 0.60 0.63 0.68 0.73 0.78 0.87 0.96 1.06 1.17 1.30
30 0.28 0.39 0.47 0.55 0.62 0.68 0.73 0.78 0.86 0.95 1.04 1.14 1.26 1.42
31 0.27 0.38 0.47 0.55 0.63 0.71 0.78 0.84 0.91 0.99 1.09 1.22 1.38 1.57
32 0.26 0.36 0.47 0.55 0.64 0.72 0.80 0.87 0.94 1.02 1.14 1.31 1.53 1.76
33 0.27 0.38 0.48 0.58 0.67 0.76 0.85 0.91 0.98 1.07 1.21 1.42 1.68 1.92
34 0.29 0.39 0.51 0.60 0.71 0.80 0.90 0.97 1.05 1.16 1.34 1.57 1.83 2.09
35 0.31 0.41 0.52 0.63 0.73 0.84 0.94 1.04 1.15 1.30 1.49 1.72 1.98 2.24
36 0.32 0.43 0.54 0.65 0.77 0.87 0.99 1.14 1.29 1.47 1.66 1.89 2.15 2.43
37 0.34 0.44 0.56 0.67 0.78 0.91 1.07 1.26 1.45 1.63 1.82 2.03 2.31 2.63
38 0.37 0.49 0.61 0.71 0.83 0.98 1.18 1.40 1.61 1.79 1.97 2.20 2.49 2.82
39 0.40 0.54 0.66 0.77 0.90 1.08 1.32 1.54 1.76 1.94 2.13 2.38 2.70 3.06
40 0.43 0.58 0.71 0.83 0.99 1.21 1.46 1.70 1.89 2.09 2.32 2.62 2.96 3.34
41 0.45 0.63 0.79 0.94 1.12 1.36 1.62 1.84 2.06 2.29 2.57 2.91 3.28 3.69
42 0.48 0.70 0.89 1.06 1.26 1.50 1.76 2.00 2.25 2.53 2.86 3.23 3.64 4.13
43 0.51 0.73 0.95 1.14 1.35 1.59 1.87 2.14 2.44 2.76 3.13 3.56 4.08 4.62
44 0.54 0.78 1.00 1.20 1.41 1.68 1.99 2.33 2.65 3.01 3.41 3.98 4.56 5.10
45 0.60 0.84 1.05 1.26 1.51 1.80 2.16 2.53 2.92 3.29 3.79 4.46 5.03 5.52
46 0.65 0.88 1.09 1.32 1.61 1.97 2.37 2.80 3.22 3.67 4.26 4.93 5.48 5.97
47 0.71 0.92 1.14 1.41 1.75 2.14 2.60 3.08 3.55 4.12 4.72 5.37 5.92 6.59
48 0.77 0.99 1.24 1.54 1.89 2.31 2.81 3.35 3.89 4.56 5.14 5.80 6.46 7.35
49 0.81 1.08 1.37 1.69 2.06 2.50 3.03 3.65 4.22 4.88 5.55 6.33 7.21 8.27
15 16 17 18 19 20 21 22 23 24 25 ULT ATT AGE
0.66 0.77 0.83 0.85 0.85 0.85 0.85 0.85 0.85 0.86 25
0.63 0.73 0.81 0.84 0.85 0.85 0.85 0.85 0.85 0.86 0.89 26
0.60 0.70 0.78 0.83 0.84 0.85 0.85 0.85 0.85 0.86 0.88 0.93 27
0.68 0.76 0.82 0.84 0.85 0.85 0.85 0.85 0.86 0.87 0.90 0.91 28
0.76 0.82 0.84 0.85 0.85 0.85 0.85 0.86 0.87 0.88 0.88 0.88 29
0.82 0.84 0.85 0.85 0.85 0.85 0.86 0.86 0.86 0.86 0.86 0.86 30
0.84 0.84 0.84 0.84 0.84 0.84 0.84 0.84 0.84 0.84 0.84 0.84 31
0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.83 32
0.82 0.82 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.84 33
0.81 0.81 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.84 0.85 34
0.81 0.82 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.84 0.85 0.87 35
0.81 0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.84 0.85 0.87 0.91 36
0.83 0.83 0.83 0.83 0.83 0.83 0.83 0.84 0.85 0.87 0.91 0.95 37
0.83 0.83 0.83 0.83 0.83 0.83 0.84 0.85 0.87 0.91 0.95 1.02 38
0.83 0.83 0.83 0.83 0.83 0.84 0.85 0.87 0.91 0.95 1.02 1.09 39
0.83 0.83 0.83 0.83 0.84 0.85 0.87 0.91 0.95 1.02 1.09 1.16 40
0.83 0.83 0.83 0.84 0.85 0.87 0.91 0.95 1.02 1.09 1.16 1.26 41
0.80 0.80 0.84 0.85 0.87 0.91 0.95 1.02 1.09 1.16 1.26 1.39 42
0.80 0.80 0.85 0.86 0.91 0.95 1.02 1.09 1.16 1.26 1.39 1.53 43
0.80 0.82 0.86 0.91 0.95 1.02 1.08 1.16 1.26 1.39 1.53 1.71 44
0.82 0.86 0.90 0.95 1.02 1.08 1.16 1.26 1.39 1.53 1.71 1.91 45
0.84 0.90 0.95 1.02 1.08 1.16 1.26 1.39 1.53 1.71 1.91 2.10 46
0.87 0.95 1.02 1.08 1.16 1.26 1.39 1.53 1.71 1.91 2.10 2.31 47
0.91 1.01 1.08 1.16 1.26 1.39 1.53 1.71 1.91 2.10 2.31 2.42 48
0.97 1.07 1.16 1.26 1.39 1.53 1.71 1.91 2.10 2.29 2.42 2.55 49
1.03 1.15 1.26 1.39 1.53 1.71 1.91 2.10 2.27 2.42 2.55 2.74 50
1.11 1.26 1.39 1.53 1.71 1.91 2.10 2.27 2.41 2.55 2.74 2.97 51
1.21 1.38 1.53 1.71 1.90 2.10 2.26 2.40 2.55 2.74 2.97 3.29 52
1.34 1.53 1.70 1.89 2.10 2.25 2.40 2.55 2.74 2.97 3.29 3.65 53
1.48 1.69 1.88 2.09 2.25 2.39 2.55 2.74 2.97 3.29 3.65 4.11 54
1.61 1.84 2.04 2.22 2.39 2.55 2.74 2.97 3.27 3.65 4.08 4.68 55
1.80 2.01 2.20 2.37 2.54 2.73 2.95 3.25 3.64 4.08 4.57 5.26 56
1.99 2.18 2.37 2.54 2.73 2.95 3.24 3.64 4.06 4.53 5.10 5.89 57
2.14 2.34 2.53 2.73 2.95 3.23 3.63 4.04 4.50 5.04 5.62 6.41 58
2.31 2.50 2.72 2.95 3.23 3.59 4.00 4.46 4.99 5.56 6.14 7.02 59
2.48 2.70 2.95 3.23 3.58 3.96 4.41 4.93 5.49 6.07 6.68 7.76 60
2.69 2.95 3.23 3.56 3.94 4.35 4.88 5.43 6.01 6.65 7.31 8.67 61
2.93 3.23 3.55 3.91 4.33 4.81 5.36 5.94 6.58 7.29 8.15 9.80 62
3.17 3.52 3.90 4.31 4.78 5.29 5.87 6.52 7.26 8.12 9.25 11.07 63
3.44 3.85 4.27 4.76 5.27 5.81 6.45 7.22 8.09 9.21 10.49 12.40 64
3.76 4.21 4.71 5.24 5.79 6.39 7.16 8.04 9.15 10.37 11.71 13.80 65
4.17 4.68 5.20 5.76 6.38 7.09 7.99 9.08 10.27 11.65 12.87 15.21 66
4.68 5.16 5.70 6.34 7.08 7.92 8.99 10.17 11.50 12.80 13.88 16.63 67
5.15 5.61 6.28 7.03 7.90 8.89 10.06 11.30 12.59 13.80 15.22 18.16 68
5.59 6.19 6.96 7.85 8.85 9.93 11.15 12.42 13.69 15.01 16.63 19.73 69
6.07 6.85 7.77 8.78 9.86 10.99 12.23 13.50 14.77 16.51 18.48 21.65 70
6.76 7.69 8.73 9.84 10.97 12.11 13.34 14.58 16.25 18.37 20.77 23.80 71
7.57 8.66 9.81 10.97 12.11 13.23 14.39 16.00 18.09 20.66 23.47 26.68 72
8.52 9.76 10.95 12.11 13.23 14.26 15.77 17.81 20.35 23.34 26.34 29.70 73
9.57 10.93 12.11 13.23 14.24 15.55 17.56 20.06 22.99 26.21 29.30 32.86 74
2001 Valuation Basic Table -- Male -- Nonsmoker -- 1000qx (Age Nearest Birthday)
Duration
1 2 3 4 5 6 7 8 9 10 11 12 13 14
50 0.89 1.19 1.51 1.86 2.23 2.69 3.28 3.93 4.52 5.20 6.03 7.06 8.19 9.43
51 0.98 1.34 1.70 2.06 2.44 2.92 3.51 4.16 4.84 5.63 6.68 8.02 9.34 10.63
52 1.07 1.49 1.90 2.29 2.68 3.14 3.74 4.45 5.25 6.26 7.56 9.12 10.52 11.42
53 1.11 1.61 2.07 2.52 2.94 3.43 4.09 4.93 5.86 7.10 8.62 10.29 11.31 12.45
54 1.15 1.73 2.27 2.74 3.18 3.75 4.54 5.55 6.64 8.09 9.70 11.04 12.32 13.67
55 1.19 1.86 2.46 2.94 3.44 4.14 5.11 6.28 7.50 9.04 10.34 11.95 13.52 15.09
56 1.24 1.99 2.63 3.18 3.77 4.63 5.77 7.08 8.37 9.62 11.17 13.01 14.90 16.75
57 1.29 2.09 2.81 3.47 4.20 5.21 6.49 7.88 9.20 10.72 12.52 14.53 16.53 18.80
58 1.39 2.23 3.02 3.81 4.73 5.88 7.23 8.63 9.93 11.64 13.68 16.12 18.55 21.18
59 1.52 2.39 3.28 4.22 5.31 6.58 7.98 9.34 10.60 12.52 14.85 17.75 20.90 23.74
60 1.70 2.59 3.57 4.67 5.91 7.28 8.70 10.04 11.29 13.46 16.18 19.44 23.16 26.36
61 1.91 2.83 3.89 5.11 6.51 7.98 9.41 10.72 11.98 14.49 17.53 21.01 24.85 29.11
62 2.15 3.10 4.25 5.60 7.13 8.70 10.17 11.52 12.86 15.66 18.90 22.50 26.53 31.12
63 2.30 3.42 4.74 6.23 7.86 9.52 11.09 12.56 14.07 17.07 20.47 24.27 28.62 33.70
64 2.41 3.76 5.27 6.91 8.68 10.45 12.17 13.84 15.55 18.72 22.33 26.48 31.32 37.04
65 2.47 4.09 5.83 7.68 9.59 11.51 13.38 15.24 17.17 20.57 24.52 29.15 34.62 41.18
66 2.51 4.61 6.53 8.52 10.69 12.74 14.71 16.73 18.93 22.65 27.07 32.29 38.56 46.04
67 2.68 5.20 7.30 9.45 11.94 14.09 16.19 18.35 20.81 24.97 29.95 35.94 43.08 51.30
68 3.11 5.85 8.17 10.49 13.07 15.65 18.19 20.72 23.29 28.04 33.79 40.65 48.56 57.92
69 3.52 6.59 9.15 11.64 13.69 17.46 20.03 22.50 25.41 30.83 37.32 44.82 53.70 63.56
70 3.96 7.42 10.23 12.92 14.29 19.35 21.73 24.36 29.77 36.13 43.48 52.18 61.86 72.82
71 5.12 8.37 11.45 13.60 16.68 20.98 23.34 29.46 33.26 40.29 48.58 57.85 68.36 80.47
72 6.61 9.43 12.82 15.90 19.04 22.34 25.90 29.84 34.37 42.01 50.51 60.20 71.41 84.47
73 7.76 11.57 14.98 18.03 20.88 23.79 27.05 32.84 36.34 44.28 53.29 63.73 75.93 90.04
74 9.19 12.82 16.47 19.94 23.05 25.96 31.36 35.20 39.28 48.05 57.91 69.45 82.84 98.18
75 10.86 13.68 17.86 22.29 25.20 29.93 34.07 38.44 47.98 57.38 68.97 82.28 97.55 114.77
76 11.16 15.26 19.75 24.44 28.52 32.92 37.53 46.25 56.86 68.49 81.73 96.92 114.06 133.15
77 11.50 16.52 21.73 27.19 31.83 36.65 44.61 55.42 62.68 78.49 93.31 110.06 128.75 149.34
78 12.21 17.77 23.85 30.78 35.81 43.03 54.04 61.90 78.17 93.21 109.94 128.60 149.17 165.54
79 13.14 19.33 26.64 34.99 41.54 52.70 61.15 76.89 83.87 99.88 117.52 137.03 157.11 178.13
80 14.13 21.51 30.14 40.09 51.42 60.40 75.65 82.96 95.96 113.48 132.60 152.32 173.85 210.27
81 15.38 24.31 34.66 46.46 59.74 74.47 82.09 95.04 108.69 127.63 146.94 172.66 210.09 225.56
82 17.06 28.00 40.37 54.20 69.48 81.26 94.17 107.84 114.86 146.71 172.53 209.93 225.39 241.65
83 19.65 32.82 47.35 63.24 80.51 93.33 107.03 114.13 146.18 172.41 209.78 225.23 241.49 256.08
84 23.55 38.90 55.52 73.42 92.51 106.26 113.42 145.53 171.99 209.65 225.09 241.34 255.93 271.36
85 28.89 46.29 64.88 84.51 105.50 112.74 144.92 171.60 209.19 224.97 241.21 255.80 271.22 287.54
86 35.59 54.95 75.38 97.01 112.09 144.33 171.06 208.76 224.52 241.09 255.67 271.10 287.42 304.68
87 43.42 65.29 88.02 111.44 143.79 170.55 208.38 224.11 240.66 255.57 270.99 287.30 304.57 322.81
88 52.86 78.07 103.36 143.23 170.08 208.02 223.74 240.27 255.17 270.89 287.21 304.47 322.72 342.00
89 65.22 94.02 137.72 169.60 207.71 223.40 239.92 254.80 270.53 287.12 304.38 322.63 341.93 362.33
90 81.90 131.34 165.80 207.39 223.09 239.59 254.47 270.19 286.79 304.31 322.56 341.87 362.29 383.85
91 123.13 161.42 207.08 222.79 239.30 254.17 269.89 286.49 304.02 322.50 341.81 362.24 383.82 406.63
92 155.82 206.76 222.48 239.02 253.90 269.62 286.22 303.77 322.26 341.76 362.20 383.80 406.63 430.21
93 206.45 222.18 238.73 253.64 269.37 285.98 303.53 322.05 341.57 362.17 383.78 406.63 430.21 455.16
94 221.88 238.44 253.37 269.12 285.76 303.32 321.85 341.41 362.03 383.76 406.63 430.21 455.16 481.56
95 238.15 253.10 268.88 285.54 303.12 321.67 341.25 361.92 383.70 406.63 430.21 455.16 481.56 509.49
96 252.83 268.63 285.32 302.93 321.51 341.11 361.81 383.64 406.63 430.21 455.16 481.56 509.49 539.05
97 268.38 285.10 302.74 321.35 340.98 361.71 383.58 406.63 430.21 455.16 481.56 509.49 539.05 570.31
98 284.88 302.55 321.19 340.86 361.62 383.53 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39
99 302.36 321.03 340.73 361.54 383.48 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38
100 319.84 339.51 360.27 382.22 405.34 429.73 453.79 480.11 507.96 537.42 568.81 601.57 636.47 673.37
15 16 17 18 19 20 21 22 23 24 25 ULT ATT AGE
10.73 12.11 13.21 14.21 15.49 17.33 19.78 22.67 25.81 29.14 32.37 36.32 75
11.79 13.19 14.17 15.41 17.25 19.52 22.36 25.46 28.72 32.22 35.74 40.08 76
12.79 14.13 15.33 17.15 19.40 22.08 25.13 28.35 31.78 35.59 39.52 44.47 77
13.81 15.25 17.05 19.28 21.68 24.83 27.99 31.37 35.12 39.38 43.88 49.61 78
15.17 16.95 19.16 21.60 24.37 27.68 31.01 34.69 38.88 43.74 48.96 55.56 79
16.85 19.04 21.52 24.15 27.15 30.67 34.30 38.42 43.20 48.84 54.86 62.05 80
18.92 21.50 24.13 26.85 30.02 33.88 37.95 42.67 48.23 54.71 61.28 69.45 81
21.47 24.10 26.82 29.67 33.16 37.50 42.15 47.64 54.05 61.13 68.60 77.12 82
24.06 26.78 29.64 32.76 36.68 41.66 47.07 53.40 60.40 68.45 76.20 85.36 83
26.72 29.58 32.71 36.24 40.74 46.54 52.77 59.68 67.64 76.05 84.35 94.49 84
29.51 32.64 36.17 40.24 45.50 52.18 58.99 66.84 75.13 84.16 93.33 104.68 85
32.55 36.08 40.16 44.92 50.99 58.34 66.08 74.26 83.18 93.15 103.43 115.99 86
35.98 40.05 44.81 50.34 57.00 65.38 73.44 82.24 92.08 103.26 114.64 128.32 87
39.68 44.68 50.21 56.25 63.86 72.68 81.36 91.09 102.12 114.49 126.86 141.51 88
43.89 50.05 56.09 63.00 70.98 80.54 90.14 101.04 113.25 126.73 139.93 155.38 89
49.01 55.90 62.81 70.02 78.63 89.25 100.02 112.09 125.40 139.84 153.70 169.81 90
54.64 62.65 69.82 77.55 87.07 98.96 110.89 124.07 138.34 153.59 167.99 183.19 91
61.01 69.66 77.36 85.90 96.59 109.74 122.77 136.88 151.96 167.89 181.24 197.07 92
68.29 77.20 85.71 95.31 107.13 121.50 135.46 150.38 166.14 181.16 195.01 211.63 93
74.74 85.57 95.12 105.75 118.64 134.08 148.85 164.43 179.30 194.94 211.55 226.96 94
85.45 94.99 105.57 117.15 130.97 147.35 162.76 177.45 192.91 211.50 226.83 242.98 95
94.57 105.45 116.98 129.35 143.97 161.14 175.68 190.97 211.47 226.76 242.88 257.32 96
99.56 116.78 129.20 142.22 157.49 173.96 189.09 211.44 226.72 242.86 257.32 272.49 97
106.19 124.37 142.10 155.63 170.07 187.28 211.41 226.69 242.80 257.32 272.49 288.55 98
115.49 134.77 155.54 168.11 183.15 211.38 226.66 242.76 257.32 272.49 288.55 305.55 99
133.96 155.54 168.06 181.09 211.35 226.63 242.72 257.32 272.49 288.55 305.55 323.54 100
154.18 167.80 180.79 211.32 226.60 242.68 257.32 272.49 288.55 305.55 323.54 342.58 101
165.74 180.53 211.00 226.57 242.64 257.32 272.49 288.55 305.55 323.54 342.58 362.74 102
180.29 210.72 226.26 242.60 257.28 272.49 288.55 305.55 323.54 342.58 362.74 384.06 103
210.48 225.99 242.31 256.96 272.45 288.55 305.55 323.54 342.58 362.74 384.06 406.63 104
225.76 242.05 256.69 272.16 288.51 305.55 323.54 342.58 362.74 384.06 406.63 430.21 105
241.84 256.46 271.91 288.25 305.52 323.54 342.58 362.74 384.06 406.63 430.21 455.16 106
256.26 271.70 288.03 305.29 323.51 342.58 362.74 384.06 406.63 430.21 455.16 481.56 107
271.52 287.84 305.10 323.32 342.55 362.74 384.06 406.63 430.21 455.16 481.56 509.49 108
287.68 304.94 323.16 342.41 362.71 384.06 406.63 430.21 455.16 481.56 509.49 539.05 109
304.80 323.03 342.28 362.61 384.05 406.63 430.21 455.16 481.56 509.49 539.05 570.31 110
322.91 342.18 362.53 384.00 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 111
342.08 362.45 383.95 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38 112
362.39 383.91 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38 675.41 113
383.88 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38 675.41 714.58 114
406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38 675.41 714.58 756.03 115
430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38 675.41 714.58 756.03 799.88 116
455.16 481.56 509.49 539.05 570.31 603.39 638.38 675.41 714.58 756.03 799.88 846.27 117
481.56 509.49 539.05 570.31 603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 118
509.49 539.05 570.31 603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 119
539.05 570.31 603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00 120
570.31 603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00 1000.00
603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00 1000.00 1000.00
638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00 1000.00 1000.00 1000.00
675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00 1000.00 1000.00 1000.00 1000.00
712.44 753.75 797.48 843.73 892.66 944.45 999.22
2001 Valuation Basic Table -- Male -- Smoker -- 1000qx (Age Nearest Birthday)
Duration
1 2 3 4 5 6 7 8 9 10 11 12 13 14
0
1
2
3 0.62
4 0.62 0.78
5 0.61 0.78 0.93
6 0.61 0.78 0.93 1.06
7 0.61 0.78 0.93 1.06 1.14
8 0.60 0.78 0.93 1.05 1.13 1.19
9 0.60 0.78 0.93 1.05 1.13 1.19 1.24
10 0.60 0.77 0.93 1.05 1.13 1.18 1.22 1.27
11 0.60 0.77 0.93 1.03 1.11 1.16 1.21 1.26 1.33
12 0.60 0.77 0.93 1.03 1.10 1.15 1.20 1.24 1.32 1.41
13 0.60 0.77 0.93 1.02 1.09 1.14 1.18 1.23 1.30 1.38 1.46
14 0.60 0.77 0.93 1.02 1.08 1.12 1.17 1.21 1.27 1.36 1.44 1.51
15 0.60 0.77 0.93 1.01 1.05 1.11 1.15 1.20 1.26 1.35 1.41 1.50 1.53
16 0.60 0.77 0.93 1.01 1.05 1.09 1.14 1.18 1.24 1.31 1.38 1.45 1.50 1.55
17 0.77 0.93 1.01 1.04 1.08 1.14 1.18 1.22 1.30 1.35 1.40 1.45 1.48 1.52
18 0.93 0.99 1.03 1.07 1.11 1.15 1.21 1.27 1.32 1.35 1.38 1.42 1.45 1.50
19 0.95 0.99 1.03 1.07 1.11 1.16 1.22 1.27 1.30 1.32 1.35 1.37 1.42 1.49
20 0.93 0.97 1.01 1.05 1.09 1.16 1.19 1.22 1.25 1.27 1.30 1.33 1.40 1.50
21 0.89 0.93 0.96 1.00 1.06 1.09 1.14 1.15 1.19 1.22 1.27 1.33 1.42 1.54
22 0.84 0.88 0.91 0.97 1.01 1.04 1.07 1.10 1.13 1.20 1.26 1.33 1.43 1.58
23 0.79 0.82 0.88 0.94 0.98 1.03 1.05 1.08 1.13 1.20 1.28 1.37 1.50 1.65
24 0.71 0.77 0.84 0.92 0.98 1.02 1.05 1.10 1.16 1.25 1.33 1.43 1.56 1.75
25 0.61 0.70 0.82 0.93 0.99 1.04 1.08 1.13 1.21 1.31 1.41 1.52 1.68 1.88
26 0.56 0.69 0.83 0.96 1.02 1.06 1.11 1.19 1.27 1.39 1.51 1.64 1.81 2.06
27 0.53 0.70 0.86 0.98 1.06 1.11 1.19 1.27 1.37 1.51 1.64 1.80 1.98 2.27
28 0.54 0.73 0.89 1.01 1.11 1.17 1.25 1.35 1.47 1.63 1.80 1.98 2.21 2.51
29 0.53 0.74 0.91 1.04 1.17 1.25 1.35 1.47 1.59 1.80 1.98 2.21 2.44 2.75
30 0.54 0.75 0.91 1.07 1.22 1.35 1.47 1.59 1.76 1.98 2.17 2.40 2.66 3.00
31 0.51 0.74 0.92 1.10 1.27 1.44 1.59 1.73 1.89 2.08 2.29 2.58 2.93 3.35
32 0.50 0.71 0.93 1.11 1.30 1.47 1.66 1.82 1.97 2.15 2.42 2.79 3.27 3.78
33 0.54 0.76 0.97 1.18 1.38 1.57 1.76 1.92 2.08 2.28 2.60 3.05 3.62 4.15
34 0.58 0.80 1.04 1.24 1.47 1.68 1.89 2.07 2.25 2.50 2.88 3.39 3.96 4.53
35 0.63 0.85 1.09 1.31 1.54 1.79 2.00 2.23 2.49 2.82 3.24 3.75 4.32 4.90
36 0.67 0.89 1.13 1.37 1.62 1.85 2.12 2.45 2.80 3.21 3.63 4.13 4.70 5.32
37 0.71 0.91 1.17 1.42 1.67 1.95 2.30 2.73 3.16 3.57 3.99 4.47 5.09 5.77
38 0.76 1.02 1.29 1.52 1.77 2.11 2.56 3.06 3.53 3.95 4.36 4.86 5.49 6.24
39 0.84 1.14 1.40 1.63 1.92 2.33 2.87 3.38 3.88 4.30 4.72 5.28 5.99 6.78
40 0.90 1.23 1.52 1.79 2.14 2.64 3.19 3.74 4.20 4.67 5.19 5.85 6.60 7.45
41 0.96 1.33 1.70 2.02 2.43 2.98 3.57 4.09 4.59 5.14 5.78 6.52 7.35 8.25
42 1.02 1.49 1.91 2.30 2.75 3.30 3.89 4.46 5.04 5.72 6.45 7.27 8.20 9.26
43 1.08 1.57 2.05 2.48 2.95 3.51 4.16 4.81 5.50 6.28 7.09 8.07 9.21 10.41
44 1.16 1.69 2.17 2.62 3.12 3.73 4.45 5.24 6.02 6.88 7.78 9.05 10.35 11.41
45 1.29 1.81 2.30 2.77 3.34 4.02 4.87 5.74 6.66 7.57 8.69 10.20 11.41 12.25
46 1.42 1.92 2.40 2.91 3.58 4.39 5.30 6.30 7.29 8.35 9.66 11.12 12.25 13.06
47 1.56 2.03 2.51 3.12 3.90 4.78 5.80 6.90 7.97 9.28 10.57 11.94 13.06 14.06
48 1.71 2.20 2.76 3.42 4.21 5.14 6.25 7.45 8.66 10.14 11.34 12.73 14.06 15.47
49 1.83 2.43 3.06 3.78 4.59 5.55 6.72 8.06 9.30 10.73 12.10 13.69 15.45 17.33
15 16 17 18 19 20 21 22 23 24 25 ULT ATT AGE
0.70 0.88 1.01 1.11 1.17 1.22 1.28 1.34 1.41 1.49 25
0.67 0.84 0.99 1.08 1.15 1.22 1.28 1.34 1.41 1.49 1.57 26
0.64 0.80 0.95 1.07 1.15 1.22 1.28 1.34 1.41 1.49 1.56 1.66 27
0.78 0.93 1.06 1.15 1.22 1.28 1.34 1.41 1.49 1.54 1.61 1.66 28
0.93 1.06 1.14 1.22 1.28 1.34 1.41 1.49 1.54 1.59 1.61 1.64 29
1.06 1.14 1.22 1.28 1.34 1.41 1.49 1.54 1.56 1.58 1.60 1.62 30
1.14 1.22 1.27 1.33 1.41 1.49 1.51 1.53 1.55 1.57 1.59 1.61 31
1.20 1.27 1.31 1.39 1.47 1.49 1.51 1.53 1.55 1.57 1.59 1.61 32
1.25 1.30 1.38 1.46 1.49 1.51 1.53 1.55 1.57 1.59 1.61 1.65 33
1.29 1.35 1.44 1.49 1.51 1.53 1.55 1.57 1.59 1.61 1.65 1.71 34
1.35 1.42 1.49 1.51 1.53 1.55 1.57 1.59 1.61 1.65 1.71 1.75 35
1.41 1.48 1.51 1.53 1.55 1.57 1.59 1.61 1.65 1.71 1.75 1.85 36
1.48 1.51 1.53 1.55 1.57 1.59 1.61 1.65 1.71 1.75 1.85 1.95 37
1.51 1.53 1.55 1.57 1.59 1.61 1.65 1.71 1.75 1.85 1.95 2.10 38
1.53 1.55 1.57 1.59 1.61 1.65 1.71 1.75 1.85 1.95 2.10 2.25 39
1.55 1.57 1.59 1.61 1.65 1.71 1.75 1.85 1.95 2.10 2.25 2.43 40
1.57 1.59 1.61 1.65 1.70 1.75 1.85 1.95 2.10 2.25 2.43 2.66 41
1.54 1.56 1.65 1.70 1.75 1.84 1.94 2.10 2.25 2.43 2.66 2.94 42
1.56 1.57 1.70 1.74 1.84 1.94 2.10 2.25 2.43 2.66 2.94 3.27 43
1.57 1.64 1.74 1.84 1.94 2.09 2.25 2.42 2.66 2.94 3.27 3.67 44
1.64 1.74 1.84 1.94 2.09 2.25 2.42 2.65 2.94 3.27 3.67 4.09 45
1.69 1.84 1.94 2.09 2.25 2.42 2.65 2.94 3.27 3.67 4.09 4.48 46
1.77 1.94 2.09 2.25 2.42 2.65 2.94 3.27 3.67 4.09 4.48 4.91 47
1.87 2.08 2.25 2.42 2.65 2.94 3.27 3.67 4.06 4.48 4.91 5.13 48
2.01 2.22 2.42 2.65 2.94 3.27 3.66 4.06 4.48 4.87 5.13 5.39 49
2.13 2.41 2.65 2.94 3.27 3.65 4.06 4.48 4.84 5.13 5.39 5.77 50
2.32 2.64 2.94 3.27 3.64 4.06 4.48 4.84 5.13 5.39 5.77 6.24 51
2.53 2.91 3.27 3.63 4.06 4.48 4.83 5.13 5.39 5.77 6.24 6.88 52
2.82 3.23 3.62 4.06 4.48 4.82 5.13 5.39 5.77 6.24 6.88 7.62 53
3.13 3.60 4.06 4.48 4.81 5.13 5.39 5.77 6.24 6.88 7.62 8.55 54
3.44 3.93 4.39 4.80 5.13 5.39 5.77 6.24 6.88 7.62 8.48 9.60 55
3.84 4.32 4.74 5.13 5.39 5.77 6.24 6.88 7.62 8.48 9.38 10.67 56
4.27 4.71 5.12 5.39 5.77 6.24 6.88 7.62 8.48 9.38 10.44 11.80 57
4.63 5.07 5.39 5.77 6.24 6.88 7.62 8.48 9.37 10.44 11.41 12.67 58
5.01 5.39 5.77 6.24 6.88 7.62 8.48 9.37 10.44 11.41 12.25 13.68 59
5.39 5.77 6.24 6.88 7.62 8.48 9.37 10.44 11.41 12.25 13.06 14.92 60
5.77 6.24 6.88 7.62 8.48 9.37 10.44 11.41 12.25 13.06 14.06 16.46 61
6.24 6.88 7.62 8.48 9.37 10.44 11.41 12.25 13.06 14.06 15.47 18.34 62
6.88 7.62 8.48 9.37 10.44 11.41 12.25 13.06 14.06 15.47 17.33 20.43 63
7.62 8.48 9.37 10.44 11.41 12.25 13.06 14.06 15.47 17.33 19.48 22.56 64
8.35 9.36 10.44 11.41 12.25 13.06 14.06 15.47 17.33 19.48 21.62 24.65 65
9.32 10.44 11.41 12.25 13.06 14.06 15.47 17.33 19.48 21.62 23.01 26.65 66
10.44 11.41 12.25 13.06 14.06 15.47 17.33 19.48 21.62 23.01 24.34 28.57 67
11.41 12.25 13.06 14.06 15.47 17.33 19.48 21.62 23.01 24.34 26.19 30.59 68
12.25 13.06 14.06 15.47 17.33 19.48 21.62 23.01 24.34 26.19 28.31 32.57 69
13.06 14.06 15.47 17.33 19.48 21.62 23.01 24.34 26.19 28.31 30.83 34.99 70
14.06 15.47 17.33 19.48 21.62 23.01 24.34 26.19 28.31 30.83 33.98 37.64 71
15.47 17.33 19.48 21.62 23.01 24.34 26.19 28.31 30.83 33.98 37.58 41.30 72
17.33 19.48 21.62 23.01 24.34 26.19 28.31 30.83 33.98 37.58 41.30 44.96 73
19.48 21.62 23.01 24.34 26.19 28.31 30.83 33.98 37.58 41.30 44.96 48.63 74
2001 Valuation Basic Table -- Male -- Smoker -- 1000qx (Age Nearest Birthday)
Duration
1 2 3 4 5 6 7 8 9 10 11 12 13 14
50 2.02 2.70 3.41 4.16 4.98 5.97 7.25 8.62 9.88 11.32 12.98 15.05 17.27 19.48
51 2.25 3.05 3.84 4.65 5.46 6.48 7.71 9.09 10.49 12.10 14.19 16.85 19.38 21.62
52 2.50 3.43 4.34 5.17 6.00 6.96 8.20 9.66 11.28 13.30 15.85 18.88 21.48 22.99
53 2.62 3.74 4.76 5.70 6.57 7.58 8.93 10.63 12.47 14.92 17.83 20.97 22.69 24.34
54 2.72 4.05 5.24 6.24 7.13 8.27 9.88 11.89 14.00 16.79 19.79 22.16 24.31 26.19
55 2.85 4.40 5.71 6.72 7.73 9.12 11.06 13.36 15.67 18.53 20.82 23.61 26.19 28.31
56 2.97 4.67 6.08 7.23 8.43 10.16 12.44 15.00 17.41 19.63 22.36 25.53 28.31 30.83
57 3.06 4.90 6.46 7.85 9.35 11.40 13.95 16.63 19.06 21.78 24.91 28.29 30.83 33.98
58 3.30 5.19 6.92 8.59 10.47 12.81 15.47 18.12 20.46 23.55 27.06 30.83 33.98 37.58
59 3.59 5.54 7.48 9.47 11.70 14.27 16.99 19.52 21.77 25.22 29.21 33.98 37.58 41.30
60 3.99 5.99 8.12 10.43 12.99 15.72 18.43 20.90 23.06 26.99 31.62 37.02 41.30 44.96
61 4.46 6.51 8.81 11.38 14.23 17.15 19.85 22.21 24.37 28.92 34.07 39.70 44.96 48.63
62 5.00 7.11 9.57 12.40 15.52 18.62 21.37 23.76 26.03 31.12 36.49 42.20 48.26 52.82
63 5.33 7.81 10.63 13.75 17.03 20.28 23.20 25.80 28.36 33.77 39.28 45.16 51.58 57.47
64 5.56 8.55 11.78 15.18 18.73 22.17 25.34 28.30 31.20 36.85 42.60 48.89 55.90 62.74
65 5.68 9.26 12.96 16.79 20.60 24.29 27.74 31.02 34.31 40.31 46.50 53.41 61.20 68.86
66 5.72 10.29 14.32 18.32 22.57 26.36 29.83 33.24 36.83 43.16 49.92 57.58 66.42 75.84
67 6.03 11.46 15.77 20.01 24.75 28.58 32.10 35.59 39.42 46.20 53.68 62.33 72.23 83.04
68 6.92 12.74 17.40 21.84 26.58 31.09 35.25 39.17 42.91 50.34 58.81 68.52 79.20 91.29
69 7.73 14.16 19.19 23.83 27.33 33.96 37.91 41.46 45.52 53.64 63.02 73.36 85.13 97.48
70 8.61 15.74 21.14 25.98 27.97 36.81 40.17 43.70 51.77 60.88 71.15 82.85 95.23 108.58
71 11.00 17.51 23.29 26.89 32.00 39.04 42.08 48.56 56.13 65.68 76.99 89.04 102.11 116.55
72 14.04 19.46 25.67 30.88 35.81 40.64 45.54 50.64 56.24 66.16 77.41 89.72 103.40 118.75
73 16.29 23.56 29.53 34.38 38.46 42.30 46.35 54.16 57.57 67.31 78.91 91.87 106.48 122.75
74 19.08 25.74 31.95 37.32 41.57 45.07 52.33 56.34 60.20 74.65 89.48 96.73 112.39 129.65
75 22.26 27.08 34.07 40.94 44.50 50.71 55.31 59.98 72.61 88.31 95.76 111.46 128.81 147.67
76 22.42 29.60 36.97 44.06 49.46 54.83 59.86 70.63 87.16 95.29 110.42 128.41 147.44 163.87
77 22.62 31.41 39.87 48.09 54.20 59.74 69.99 86.02 95.07 109.90 124.78 143.71 159.99 178.26
78 23.51 33.08 42.89 53.39 59.62 69.18 84.90 94.85 109.39 121.55 136.23 156.20 175.96 195.12
79 24.75 35.22 46.92 59.50 68.10 83.79 94.63 108.88 119.96 132.64 152.50 173.69 194.47 222.69
80 26.02 38.36 51.99 66.82 82.70 94.41 108.37 118.40 131.13 148.38 169.44 190.16 222.69 235.97
81 27.68 42.41 58.52 75.85 94.19 107.86 116.86 130.23 146.04 164.26 189.53 222.69 235.97 249.66
82 29.99 47.74 66.68 86.63 107.36 115.34 129.33 145.25 161.92 188.90 222.69 235.97 249.66 264.85
83 33.74 54.67 76.47 98.94 113.84 128.44 144.46 159.62 188.27 222.69 235.97 249.66 264.85 277.90
84 39.45 63.29 87.65 112.36 127.56 143.68 157.35 187.64 222.69 235.97 249.66 264.85 277.90 291.56
85 47.19 73.49 100.05 126.68 142.90 155.11 187.02 222.69 235.97 249.66 264.85 277.90 291.56 305.86
86 56.64 85.33 113.87 142.13 152.90 186.40 222.69 235.97 249.66 264.85 277.90 291.56 305.86 320.83
87 67.57 99.08 129.75 150.73 185.78 222.69 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48
88 80.36 115.44 148.59 185.16 222.69 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85
89 96.43 135.33 184.55 222.69 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99
90 117.67 183.94 222.69 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90
91 171.79 219.76 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63
92 210.92 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21
93 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16
94 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16 481.56
95 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16 481.56 509.49
96 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16 481.56 509.49 539.05
97 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16 481.56 509.49 539.05 570.31
98 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39
99 320.83 336.48 352.85 369.98 387.90 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38
100 335.8 352.13 369.22 387.11 405.81 425.36 453.79 480.11 507.96 537.42 568.61 601.57 636.47 673.37
15 16 17 18 19 20 21 22 23 24 25 ULT ATT AGE
21.62 23.01 24.34 26.19 28.31 30.83 33.98 37.58 41.30 44.96 48.63 52.92 75
23.01 24.34 26.19 28.31 30.83 33.98 37.58 41.30 44.96 48.63 52.82 57.47 76
24.34 26.19 28.31 30.83 33.98 37.58 41.30 44.96 48.63 52.82 57.47 62.74 77
26.19 28.31 30.83 33.98 37.58 41.30 44.96 48.63 52.82 57.47 62.74 68.86 78
28.31 30.83 33.98 37.58 41.30 44.96 48.63 52.82 57.47 62.74 68.86 75.84 79
30.83 33.98 37.58 41.30 44.96 48.63 52.82 57.47 62.74 68.86 75.84 83.27 80
33.98 37.58 41.30 44.96 48.63 52.82 57.47 62.74 68.86 75.84 83.27 91.60 81
37.58 41.30 44.96 48.63 52.82 57.47 62.74 68.86 75.84 83.27 91.60 99.95 82
41.30 44.96 48.63 52.82 57.47 62.74 68.86 75.84 83.27 91.60 99.95 108.66 83
44.96 48.63 52.82 57.47 62.74 68.86 75.84 83.27 91.60 99.95 108.66 118.11 84
48.63 52.82 57.47 62.74 68.86 75.84 83.27 91.60 99.95 108.66 118.11 129.28 85
52.82 57.47 62.74 68.86 75.84 83.27 91.60 99.95 108.66 118.11 129.28 141.51 86
57.47 62.74 68.86 75.84 83.27 91.60 99.95 108.66 118.11 129.28 141.51 154.63 87
62.74 68.86 75.84 83.27 91.60 99.95 108.66 118.11 129.28 141.51 154.63 168.39 88
68.86 75.84 83.27 91.60 99.95 108.66 118.11 129.28 141.51 154.63 168.39 182.58 89
75.84 83.27 91.60 99.95 108.66 118.11 129.28 141.51 154.63 168.39 182.58 196.98 90
83.27 91.60 99.95 108.66 118.11 129.28 140.05 154.55 168.39 182.58 196.98 209.75 91
91.60 99.95 108.66 118.11 129.28 139.33 153.25 167.64 182.51 196.98 209.75 222.69 92
99.95 108.66 118.11 129.28 138.61 151.63 166.06 181.01 196.30 209.75 222.69 235.97 93
108.66 118.11 129.28 137.89 151.34 164.12 179.12 194.47 208.34 222.69 235.97 249.66 94
118.11 129.28 137.18 146.96 163.52 176.82 192.33 206.43 222.69 235.97 249.66 264.85 95
129.28 136.47 144.81 161.64 175.84 189.50 203.78 222.69 235.97 249.66 264.85 277.90 96
135.76 142.69 160.71 172.01 188.09 200.40 222.69 235.97 249.66 264.85 277.90 291.56 97
140.60 159.79 170.12 187.75 198.51 222.69 235.97 249.66 264.85 277.90 291.56 305.86 98
148.35 168.25 185.34 197.73 222.69 235.97 249.66 264.85 277.90 291.56 305.86 320.83 99
167.84 182.95 197.07 222.69 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 100
180.59 196.42 222.69 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 101
195.77 222.69 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 102
222.69 235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 103
235.97 249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 104
249.66 264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 105
264.85 277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16 106
277.90 291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16 481.56 107
291.56 305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16 481.56 509.49 108
305.86 320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16 481.56 509.49 539.05 109
320.83 336.48 352.85 369.99 387.90 406.63 430.21 455.16 481.56 509.49 539.05 570.31 110
336.48 352.85 369.99 387.90 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 111
352.85 369.99 387.90 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38 112
369.99 387.90 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38 675.41 113
387.90 406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38 675.41 714.58 114
406.63 430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38 675.41 714.58 756.03 115
430.21 455.16 481.56 509.49 539.05 570.31 603.39 638.38 675.41 714.58 756.03 799.88 116
455.16 481.56 509.49 539.05 570.31 603.39 638.38 675.41 714.58 756.03 799.88 846.27 117
481.56 509.49 539.05 570.31 603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 118
509.49 539.05 570.31 603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 119
539.05 570.31 603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00 120
570.31 603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00 1000.00
603.39 638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00 1000.00 1000.00
638.38 675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00 1000.00 1000.00 1000.00
675.41 714.58 756.03 799.88 846.27 895.36 947.29 1000.00 1000.00 1000.00 1000.00 1000.00
712.44 753.75 797.48 843.73 892.66 944.45 999.22
2001 Valuation Basic Table -- Female -- Nonsmoker -- 1000qx (Age Nearest Birthday)
Duration
1 2 3 4 5 6 7 8 9 10 11 12 13 14
0
1
2
3 0.29
4 0.29 0.31
5 0.28 0.30 0.31
6 0.28 0.30 0.31 0.32
7 0.28 0.29 0.30 0.32 0.33
8 0.27 0.29 0.30 0.31 0.33 0.33
9 0.27 0.28 0.29 0.31 0.32 0.33 0.34
10 0.26 0.28 0.28 0.30 0.31 0.32 0.34 0.35
11 0.25 0.27 0.28 0.29 0.30 0.31 0.33 0.35 0.35
12 0.25 0.26 0.27 0.28 0.29 0.30 0.32 0.34 0.35 0.37
13 0.25 0.26 0.26 0.27 0.28 0.29 0.31 0.33 0.34 0.36 0.38
14 0.25 0.26 0.26 0.26 0.28 0.28 0.30 0.31 0.33 0.35 0.38 0.40
15 0.25 0.26 0.26 0.26 0.27 0.28 0.28 0.30 0.31 0.34 0.37 0.39 0.42
16 0.25 0.26 0.26 0.25 0.26 0.27 0.28 0.29 0.31 0.32 0.35 0.38 0.41 0.45
17 0.26 0.26 0.25 0.25 0.26 0.27 0.28 0.30 0.31 0.34 0.37 0.40 0.44 0.47
18 0.25 0.24 0.24 0.25 0.26 0.27 0.28 0.31 0.33 0.36 0.40 0.43 0.47 0.51
19 0.23 0.23 0.24 0.25 0.26 0.27 0.29 0.32 0.35 0.38 0.42 0.46 0.50 0.54
20 0.21 0.22 0.23 0.24 0.25 0.28 0.31 0.34 0.37 0.41 0.45 0.50 0.54 0.57
21 0.19 0.20 0.22 0.24 0.26 0.29 0.33 0.35 0.40 0.43 0.48 0.52 0.57 0.62
22 0.17 0.19 0.22 0.24 0.27 0.31 0.34 0.38 0.42 0.47 0.51 0.56 0.60 0.65
23 0.15 0.18 0.21 0.24 0.28 0.32 0.36 0.41 0.45 0.49 0.54 0.59 0.64 0.69
24 0.14 0.18 0.21 0.25 0.29 0.33 0.38 0.42 0.48 0.52 0.57 0.62 0.67 0.72
25 0.13 0.18 0.21 0.26 0.30 0.35 0.40 0.45 0.50 0.55 0.60 0.64 0.70 0.75
26 0.13 0.18 0.22 0.27 0.31 0.37 0.42 0.46 0.52 0.57 0.62 0.67 0.73 0.78
27 0.14 0.18 0.23 0.28 0.33 0.38 0.43 0.48 0.54 0.59 0.64 0.69 0.76 0.83
28 0.15 0.19 0.24 0.29 0.34 0.39 0.45 0.50 0.55 0.60 0.67 0.73 0.80 0.87
29 0.16 0.21 0.26 0.30 0.35 0.41 0.45 0.52 0.57 0.63 0.69 0.76 0.84 0.93
30 0.17 0.22 0.26 0.32 0.36 0.42 0.47 0.52 0.58 0.66 0.73 0.81 0.90 1.01
31 0.19 0.24 0.28 0.33 0.38 0.43 0.49 0.55 0.61 0.69 0.77 0.87 0.98 1.11
32 0.20 0.24 0.29 0.34 0.39 0.45 0.51 0.57 0.65 0.74 0.84 0.95 1.08 1.22
33 0.21 0.25 0.30 0.35 0.41 0.48 0.55 0.62 0.70 0.81 0.93 1.05 1.20 1.36
34 0.21 0.25 0.30 0.37 0.43 0.50 0.58 0.68 0.77 0.89 1.02 1.17 1.34 1.51
35 0.21 0.26 0.31 0.38 0.45 0.54 0.64 0.75 0.86 0.99 1.14 1.31 1.49 1.70
36 0.21 0.27 0.33 0.41 0.49 0.59 0.70 0.82 0.96 1.11 1.27 1.46 1.67 1.89
37 0.21 0.27 0.34 0.43 0.53 0.65 0.77 0.91 1.06 1.24 1.42 1.63 1.86 2.11
38 0.22 0.29 0.37 0.47 0.58 0.70 0.85 1.00 1.18 1.37 1.58 1.81 2.07 2.34
39 0.23 0.31 0.40 0.52 0.64 0.78 0.94 1.12 1.30 1.52 1.75 2.01 2.29 2.60
40 0.26 0.35 0.45 0.57 0.71 0.86 1.04 1.24 1.45 1.68 1.94 2.22 2.54 2.88
41 0.29 0.39 0.51 0.64 0.79 0.97 1.15 1.36 1.60 1.86 2.15 2.46 2.80 3.18
42 0.32 0.44 0.57 0.72 0.89 1.07 1.29 1.52 1.77 2.06 2.36 2.72 3.09 3.50
43 0.37 0.50 0.65 0.81 1.01 1.21 1.44 1.69 1.97 2.27 2.62 2.99 3.40 3.86
44 0.42 0.56 0.74 0.93 1.13 1.36 1.60 1.88 2.18 2.51 2.89 3.29 3.75 4.24
45 0.47 0.64 0.83 1.04 1.27 1.52 1.79 2.09 2.42 2.78 3.17 3.62 4.11 4.65
46 0.53 0.72 0.94 1.16 1.41 1.69 1.99 2.31 2.67 3.06 3.49 3.98 4.50 5.08
47 0.59 0.80 1.04 1.29 1.57 1.86 2.19 2.54 2.92 3.35 3.82 4.34 4.91 5.53
48 0.66 0.89 1.14 1.42 1.71 2.03 2.38 2.77 3.19 3.65 4.16 4.72 5.34 6.02
49 0.69 0.93 1.25 1.54 1.86 2.20 2.58 2.99 3.44 3.94 4.50 5.11 5.78 6.53
15 16 17 18 19 20 21 22 23 24 25 ULT ATT AGE
0.31 0.33 0.34 0.36 0.36 0.37 0.38 0.38 0.39 0.39 25
0.30 0.32 0.33 0.35 0.36 0.37 0.38 0.38 0.38 0.39 0.41 26
0.29 0.32 0.33 0.35 0.35 0.37 0.38 0.38 0.38 0.39 0.40 0.44 27
0.31 0.32 0.34 0.35 0.36 0.37 0.38 0.38 0.39 0.40 0.43 0.45 28
0.32 0.33 0.34 0.36 0.37 0.37 0.38 0.39 0.40 0.43 0.45 0.48 29
0.33 0.34 0.35 0.37 0.37 0.38 0.39 0.40 0.43 0.45 0.48 0.49 30
0.33 0.35 0.36 0.37 0.38 0.39 0.40 0.43 0.45 0.47 0.48 0.52 31
0.34 0.36 0.36 0.38 0.39 0.40 0.43 0.45 0.47 0.48 0.52 0.55 32
0.35 0.36 0.37 0.39 0.40 0.43 0.45 0.47 0.48 0.52 0.54 0.58 33
0.35 0.37 0.39 0.40 0.42 0.45 0.47 0.48 0.52 0.54 0.58 0.63 34
0.36 0.38 0.39 0.42 0.45 0.47 0.48 0.52 0.54 0.58 0.63 0.69 35
0.38 0.39 0.41 0.44 0.47 0.48 0.51 0.54 0.57 0.62 0.68 0.73 36
0.38 0.41 0.44 0.46 0.48 0.51 0.54 0.57 0.62 0.68 0.73 0.80 37
0.40 0.44 0.46 0.48 0.51 0.54 0.57 0.62 0.68 0.73 0.78 0.83 38
0.43 0.46 0.48 0.51 0.54 0.57 0.62 0.68 0.72 0.77 0.82 0.87 39
0.45 0.48 0.51 0.54 0.57 0.62 0.68 0.72 0.77 0.82 0.87 0.92 40
0.48 0.51 0.54 0.57 0.62 0.68 0.72 0.77 0.81 0.87 0.91 0.97 41
0.51 0.54 0.57 0.62 0.68 0.72 0.77 0.81 0.87 0.91 0.97 1.04 42
0.54 0.57 0.62 0.68 0.72 0.77 0.81 0.87 0.91 0.97 1.04 1.12 43
0.57 0.62 0.68 0.72 0.77 0.81 0.87 0.91 0.97 1.04 1.12 1.21 44
0.62 0.68 0.72 0.77 0.81 0.87 0.91 0.97 1.04 1.12 1.21 1.33 45
0.66 0.72 0.76 0.81 0.86 0.91 0.97 1.04 1.12 1.21 1.33 1.47 46
0.70 0.75 0.80 0.86 0.91 0.97 1.04 1.12 1.21 1.33 1.47 1.64 47
0.73 0.79 0.84 0.90 0.97 1.04 1.12 1.21 1.33 1.47 1.64 1.83 48
0.77 0.83 0.88 0.95 1.03 1.12 1.21 1.33 1.47 1.64 1.83 2.04 49
0.80 0.87 0.94 1.02 1.11 1.21 1.33 1.47 1.64 1.83 2.04 2.29 50
0.85 0.92 1.01 1.09 1.21 1.33 1.47 1.64 1.83 2.04 2.29 2.56 51
0.90 0.99 1.08 1.19 1.32 1.47 1.64 1.83 2.04 2.29 2.56 2.88 52
0.96 1.07 1.17 1.31 1.46 1.62 1.83 2.04 2.29 2.56 2.88 3.22 53
1.04 1.15 1.30 1.45 1.61 1.81 2.04 2.29 2.56 2.88 3.22 3.58 54
1.13 1.27 1.43 1.60 1.80 2.02 2.28 2.56 2.87 3.21 3.58 3.96 55
1.25 1.41 1.58 1.79 2.01 2.26 2.55 2.86 3.20 3.57 3.96 4.41 56
1.39 1.56 1.77 1.99 2.24 2.51 2.83 3.18 3.56 3.95 4.40 4.88 57
1.54 1.75 1.97 2.22 2.49 2.80 3.15 3.52 3.94 4.38 4.87 5.39 58
1.72 1.95 2.20 2.47 2.77 3.11 3.49 3.89 4.34 4.82 5.34 5.89 59
1.92 2.17 2.45 2.75 3.08 3.44 3.85 4.30 4.77 5.29 5.83 6.41 60
2.15 2.42 2.73 3.06 3.42 3.81 4.25 4.73 5.23 5.78 6.36 6.97 61
2.39 2.69 3.03 3.39 3.79 4.21 4.68 5.20 5.74 6.31 6.93 7.58 62
2.65 2.99 3.35 3.75 4.18 4.64 5.15 5.69 6.27 6.88 7.53 8.21 63
2.93 3.30 3.71 4.14 4.61 5.11 5.65 6.23 6.84 7.49 8.18 8.90 64
3.24 3.65 4.09 4.56 5.06 5.61 6.19 6.82 7.47 8.16 8.88 9.66 65
3.58 4.03 4.51 5.02 5.57 6.16 6.79 7.45 8.15 8.87 9.65 10.50 66
3.95 4.43 4.95 5.51 6.11 6.75 7.43 8.14 8.87 9.64 10.48 11.42 67
4.35 4.88 5.45 6.06 6.71 7.40 8.12 8.86 9.63 10.47 11.40 12.45 68
4.78 5.35 5.97 6.64 7.35 8.10 8.86 9.63 10.46 11.39 12.41 13.58 69
5.23 5.86 6.55 7.27 8.05 8.86 9.62 10.46 11.37 12.41 13.53 14.84 70
5.72 6.40 7.13 7.93 8.79 9.62 10.46 11.37 12.40 13.52 14.79 16.29 71
6.22 6.96 7.77 8.64 9.59 10.45 11.37 12.40 13.52 14.77 16.24 17.91 72
6.77 7.57 8.44 9.40 10.44 11.37 12.38 13.50 14.77 16.24 17.83 19.67 73
7.35 8.23 9.19 10.24 11.35 12.38 13.50 14.77 16.24 17.83 19.60 21.60 74
2001 Valuation Basic Table -- Female -- Nonsmoker -- 1000qx (Age Nearest Birthday)
Duration
1 2 3 4 5 6 7 8 9 10 11 12 13 14
50 0.71 1.03 1.35 1.65 1.99 2.35 2.76 3.20 3.69 4.24 4.84 5.51 6.24 7.06
51 0.76 1.16 1.47 1.77 2.13 2.51 2.94 3.42 3.95 4.54 5.20 5.92 6.73 7.63
52 0.79 1.30 1.59 1.90 2.26 2.66 3.11 3.62 4.20 4.85 5.56 6.36 7.24 8.23
53 0.84 1.39 1.71 2.02 2.39 2.81 3.29 3.84 4.46 5.17 5.95 6.83 7.81 8.90
54 0.88 1.49 1.84 2.15 2.53 2.97 3.48 4.07 4.74 5.50 6.37 7.34 8.43 9.65
55 0.93 1.60 1.98 2.30 2.69 3.15 3.69 4.32 5.05 5.89 6.84 7.92 9.13 10.49
56 1.03 1.72 2.15 2.49 2.89 3.38 3.96 4.64 5.44 6.35 7.40 8.59 9.94 11.48
57 1.09 1.85 2.34 2.69 3.13 3.65 4.28 5.03 5.89 6.89 8.04 9.36 10.86 12.57
58 1.12 1.98 2.53 2.91 3.39 3.97 4.66 5.48 6.42 7.53 8.79 10.25 11.91 13.82
59 1.22 2.10 2.74 3.16 3.68 4.32 5.08 5.98 7.03 8.26 9.66 11.28 13.12 15.22
60 1.28 2.23 2.95 3.40 3.98 4.70 5.55 6.56 7.73 9.09 10.66 12.44 14.52 16.85
61 1.34 2.35 3.15 3.65 4.29 5.09 6.04 7.17 8.50 10.02 11.79 13.79 16.09 18.70
62 1.44 2.49 3.35 3.89 4.60 5.49 6.56 7.83 9.33 11.05 13.04 15.32 17.90 20.83
63 1.61 2.63 3.54 4.12 4.90 5.89 7.10 8.54 10.23 12.20 14.45 17.03 19.94 23.22
64 1.81 3.37 3.75 4.36 5.21 6.31 7.67 9.30 11.22 13.44 16.01 18.94 22.23 25.90
65 2.06 3.58 3.96 4.61 5.54 6.76 8.29 10.14 12.31 14.84 17.76 21.06 24.75 28.92
66 2.16 3.84 4.21 4.90 5.93 7.29 9.02 11.11 13.60 16.46 19.74 23.49 27.67 32.36
67 2.23 4.11 4.48 5.24 6.39 7.93 9.88 12.24 15.03 18.30 22.02 26.22 30.96 36.20
68 2.53 4.41 4.83 5.68 6.96 8.69 10.90 13.57 16.74 20.41 24.60 29.33 34.63 40.49
69 2.85 4.75 5.23 6.19 7.66 9.62 12.10 15.14 18.70 22.83 27.54 32.84 38.73 45.07
70 3.22 5.12 5.71 6.83 8.50 10.74 13.56 16.97 20.99 25.62 30.85 36.77 43.32 49.65
71 3.67 5.55 6.28 7.60 9.54 12.09 15.27 19.12 23.62 28.80 34.64 41.18 48.47 54.62
72 5.55 6.02 6.95 8.52 10.77 13.70 17.31 21.62 26.66 32.43 38.92 46.15 54.13 58.93
73 6.02 6.59 7.75 9.63 12.25 15.58 19.66 24.50 30.12 36.54 43.71 51.68 58.37 65.19
74 6.55 7.28 8.74 10.98 13.99 17.79 22.39 27.81 34.06 41.15 49.06 57.75 64.85 72.03
75 7.13 8.14 9.95 12.59 16.06 20.37 25.53 31.60 38.53 46.37 55.00 64.53 71.88 79.68
76 7.87 9.21 11.41 14.48 18.44 23.29 29.04 35.72 43.34 51.87 61.28 71.64 79.60 88.04
77 8.90 10.60 13.21 16.75 21.21 26.62 33.00 40.35 48.65 58.01 68.25 79.49 87.95 96.77
78 10.27 12.36 15.42 19.44 24.46 30.44 37.47 45.54 54.59 64.77 75.80 87.95 96.77 106.37
79 10.80 14.61 18.12 22.65 28.20 34.84 42.55 51.30 61.16 72.11 84.10 96.67 106.26 116.68
80 12.09 17.41 21.37 26.43 32.56 39.80 48.21 57.72 68.37 80.19 93.00 106.15 116.56 127.99
81 13.63 20.82 25.25 30.81 37.56 45.44 54.52 64.78 76.25 88.96 102.71 116.56 127.99 140.55
82 15.34 24.95 29.82 35.91 43.20 51.73 61.51 72.54 84.85 98.47 113.15 127.86 140.40 154.33
83 17.05 29.79 35.16 41.75 49.62 58.80 69.21 81.02 94.17 108.69 124.33 140.40 154.17 169.29
84 21.22 35.12 41.31 48.38 56.76 66.56 77.74 90.33 104.23 119.54 136.13 154.17 169.29 185.89
85 25.52 41.27 48.30 55.79 64.76 75.10 86.96 100.31 115.04 131.25 148.81 167.85 185.70 203.92
86 33.63 48.25 55.79 64.10 73.51 84.52 97.07 111.07 126.61 143.73 162.26 182.33 203.92 223.68
87 39.43 55.73 64.03 73.30 83.19 94.68 107.87 122.60 138.96 156.97 176.47 197.61 220.17 244.33
88 49.69 64.03 73.22 83.10 93.73 105.76 119.50 134.93 152.09 170.99 191.27 213.44 237.11 262.47
89 61.50 73.22 83.10 93.64 105.06 117.60 131.92 148.05 166.01 185.61 207.02 230.03 254.81 281.38
90 73.22 83.10 93.64 105.06 117.23 130.39 145.31 161.98 180.72 201.18 223.34 247.36 273.27 301.05
91 83.10 93.64 105.06 117.23 130.26 143.91 159.40 176.72 196.02 217.34 240.41 265.46 292.20 321.18
92 93.64 105.06 117.23 130.26 143.91 158.29 174.32 192.27 212.11 234.24 258.24 284.03 312.16 342.04
93 105.06 117.23 130.26 143.91 158.29 173.52 189.88 208.43 229.19 251.92 276.55 303.63 332.56 363.64
94 117.23 130.26 143.91 158.29 173.52 189.62 206.45 225.38 246.83 270.09 295.88 323.66 353.69 385.97
95 130.26 143.91 158.29 173.52 189.62 206.45 223.65 243.11 264.98 289.27 315.66 344.42 375.54 409.03
96 143.91 158.29 173.52 189.62 206.45 223.65 241.65 261.64 284.17 308.92 336.16 365.90 398.12 432.83
97 158.29 173.52 189.62 206.45 223.65 241.65 260.46 280.96 303.82 329.30 357.39 388.10 421.42 457.36
98 173.52 189.62 206.45 223.65 241.65 260.46 280.09 300.78 324.22 350.40 379.34 411.02 445.45 482.63
99 189.62 206.45 223.65 241.65 260.46 280.09 300.24 321.36 345.36 372.24 402.01 434.66 470.20 508.63
100 205.72 223.28 240.85 259.65 279.27 299.72 320.39 341.94 366.5 394.08 424.68 458.3 494.95 534.63
15 16 17 18 19 20 21 22 23 24 25 ULT ATT AGE
7.96 8.93 9.99 11.16 12.37 13.50 14.77 16.24 17.83 19.60 21.56 23.75 75
8.61 9.69 10.87 12.17 13.48 14.77 16.24 17.83 19.60 21.56 23.67 26.10 76
9.33 10.52 11.84 13.30 14.73 16.24 17.83 19.60 21.56 23.67 26.02 28.69 77
10.12 11.44 12.94 14.57 16.18 17.83 19.60 21.56 23.67 26.02 28.57 31.55 78
11.01 12.50 14.15 15.99 17.77 19.58 21.54 23.67 26.02 28.57 31.41 34.64 79
12.01 13.70 15.56 17.62 19.52 21.54 23.67 26.02 28.57 31.41 34.53 38.08 80
13.16 15.06 17.17 19.46 21.45 23.65 25.99 28.57 31.41 34.50 37.92 42.85 81
14.47 16.59 18.97 21.38 23.55 25.96 28.54 31.38 34.50 37.88 41.64 48.24 82
15.93 18.33 20.98 23.47 25.86 28.51 31.35 34.46 37.88 41.64 45.78 53.57 83
17.60 20.26 23.23 25.77 28.39 31.32 34.43 37.84 41.60 45.73 50.27 59.45 84
19.48 22.44 25.66 28.30 31.18 34.39 37.80 41.55 45.73 50.27 55.19 66.09 85
21.63 24.93 28.18 31.09 34.25 37.72 41.51 45.64 50.22 55.19 60.68 72.00 86
24.11 27.79 30.95 34.14 37.61 41.42 45.59 50.16 55.14 60.61 66.69 81.13 87
26.90 30.86 33.99 37.49 41.29 45.49 50.06 55.08 60.55 66.62 73.23 90.64 88
30.02 33.89 37.33 41.16 45.35 49.90 54.97 60.49 66.55 73.16 80.42 100.76 89
33.52 37.21 40.99 45.21 49.75 54.79 60.36 66.42 73.08 80.34 88.40 109.94 90
37.17 40.95 45.16 49.70 54.74 60.30 66.35 73.01 80.34 88.31 97.06 114.02 91
40.95 45.12 49.70 54.74 60.24 66.28 72.93 80.25 88.22 97.06 106.59 122.83 92
45.07 49.65 54.68 60.18 66.28 72.93 80.17 88.22 96.96 106.59 117.16 136.28 93
49.65 54.62 60.18 66.21 72.86 80.17 88.22 96.96 106.59 117.16 128.64 153.46 94
54.62 60.18 66.21 72.86 80.17 88.13 96.86 106.48 117.04 128.64 141.40 174.88 95
59.55 65.87 72.63 80.09 88.13 96.86 106.48 116.92 128.51 141.40 155.11 195.08 96
65.53 72.48 79.93 88.13 96.86 106.48 116.92 128.51 141.26 154.95 170.15 215.88 97
72.26 79.84 88.13 96.86 106.48 116.92 128.51 141.26 154.95 169.98 186.45 217.88 98
79.76 88.04 96.77 106.48 116.80 128.38 141.12 154.80 169.98 186.45 204.53 228.37 99
88.04 96.77 106.48 116.80 128.38 141.12 154.80 169.98 186.45 204.53 224.13 245.85 100
96.77 106.37 116.80 128.38 140.97 154.80 169.81 186.26 204.33 224.13 245.85 269.42 101
106.37 116.80 128.25 140.97 154.64 169.81 186.26 204.33 224.13 245.85 269.42 295.54 102
116.68 128.25 140.83 154.64 169.64 186.26 204.33 224.13 245.61 269.42 295.24 323.87 103
128.12 140.83 154.48 169.64 186.07 204.33 224.13 245.61 269.42 295.24 323.22 354.91 104
140.55 154.48 169.47 186.07 204.12 223.91 245.61 269.42 295.24 322.57 354.91 388.35 105
154.33 169.47 186.07 204.12 223.91 245.61 269.42 295.24 322.25 354.91 388.35 422.59 106
169.47 185.89 204.12 223.91 245.61 269.42 295.24 321.60 354.91 388.35 422.59 457.63 107
185.89 204.12 223.91 245.61 269.42 295.24 320.96 354.91 388.35 422.59 457.63 492.87 108
203.92 223.91 245.61 269.15 295.24 320.31 354.91 388.35 422.59 457.63 492.87 529.51 109
223.68 245.61 269.15 295.24 319.98 354.91 388.35 422.59 457.63 492.87 529.51 566.95 110
245.36 269.15 295.24 319.34 354.91 388.35 422.59 457.63 492.87 529.51 566.95 603.00 111
269.15 295.24 318.69 354.91 388.35 422.16 457.17 492.87 529.51 566.95 603.00 638.00 112
289.53 318.30 348.43 380.22 413.65 448.74 485.48 523.87 563.92 603.00 638.00 670.00 113
309.73 339.55 371.11 404.40 439.43 476.21 514.72 554.96 596.95 638.00 670.00 714.50 114
330.39 361.57 394.57 429.40 466.07 504.56 544.89 587.04 631.03 670.00 714.50 756.00 115
351.80 384.34 418.82 455.22 493.55 533.81 575.99 620.10 666.14 714.10 756.00 799.00 116
373.95 407.89 443.86 481.86 521.88 563.94 608.03 654.14 702.29 752.46 799.00 846.00 117
396.85 432.20 469.69 509.31 551.07 594.97 641.00 689.17 739.47 791.91 846.00 889.48 118
420.50 457.27 496.30 537.58 581.10 626.88 674.90 725.17 777.69 832.46 889.48 933.63 119
444.89 483.12 523.71 566.67 611.99 659.68 709.74 762.16 816.95 874.11 933.63 1000.00 120
470.03 509.72 551.90 596.57 643.73 693.38 745.51 800.14 857.25 916.85 1000.00 1000.00
495.92 537.10 580.89 627.30 676.32 727.96 782.22 839.09 898.58 1000.00 1000.00 1000.00
522.56 565.24 610.66 658.84 709.76 763.43 819.86 879.03 1000.00 1000.00 1000.00 1000.00
549.94 594.14 641.23 691.20 744.06 799.80 858.43 1000.00 1000.00 1000.00 1000.00 1000.00
577.32 623.04 671.8 723.56 778.36 836.17 897
2001 Valuation Basic Table -- Female -- Smoker -- 1000qx (Age Nearest Birthday)
Duration
1 2 3 4 5 6 7 8 9 10 11 12 13 14
0
1
2
3 0.31
4 0.31 0.34
5 0.30 0.33 0.37
6 0.30 0.33 0.37 0.40
7 0.30 0.32 0.36 0.40 0.43
8 0.29 0.32 0.36 0.39 0.43 0.46
9 0.29 0.31 0.35 0.39 0.41 0.46 0.49
10 0.27 0.31 0.34 0.38 0.40 0.44 0.49 0.52
11 0.26 0.30 0.34 0.36 0.40 0.43 0.47 0.52 0.55
12 0.26 0.29 0.33 0.35 0.39 0.42 0.46 0.50 0.55 0.59
13 0.26 0.29 0.31 0.34 0.38 0.40 0.45 0.49 0.53 0.58 0.63
14 0.26 0.29 0.30 0.33 0.36 0.39 0.43 0.46 0.52 0.57 0.62 0.67
15 0.26 0.29 0.30 0.33 0.35 0.38 0.40 0.45 0.49 0.55 0.60 0.66 0.71
16 0.26 0.29 0.30 0.32 0.34 0.37 0.39 0.43 0.48 0.52 0.57 0.64 0.70 0.77
17 0.29 0.30 0.32 0.33 0.35 0.38 0.42 0.46 0.51 0.56 0.62 0.69 0.76 0.83
18 0.29 0.31 0.32 0.34 0.37 0.39 0.44 0.50 0.55 0.60 0.67 0.75 0.82 0.91
19 0.29 0.31 0.33 0.36 0.38 0.42 0.47 0.52 0.59 0.64 0.73 0.81 0.90 0.98
20 0.28 0.30 0.33 0.36 0.40 0.46 0.51 0.56 0.63 0.70 0.79 0.89 0.98 1.06
21 0.26 0.29 0.33 0.37 0.42 0.48 0.55 0.60 0.69 0.76 0.85 0.95 1.04 1.15
22 0.25 0.28 0.34 0.39 0.45 0.51 0.58 0.66 0.75 0.84 0.93 1.03 1.12 1.23
23 0.23 0.28 0.33 0.40 0.47 0.54 0.62 0.71 0.80 0.90 0.99 1.11 1.20 1.31
24 0.22 0.29 0.35 0.42 0.49 0.58 0.66 0.75 0.86 0.96 1.07 1.16 1.28 1.37
25 0.21 0.29 0.36 0.44 0.53 0.61 0.72 0.81 0.92 1.02 1.13 1.22 1.33 1.45
26 0.21 0.29 0.38 0.46 0.55 0.65 0.76 0.85 0.96 1.08 1.19 1.28 1.41 1.53
27 0.23 0.31 0.40 0.48 0.59 0.69 0.78 0.89 1.01 1.12 1.23 1.35 1.48 1.63
28 0.25 0.33 0.42 0.52 0.61 0.71 0.82 0.93 1.05 1.16 1.29 1.43 1.58 1.73
29 0.27 0.37 0.45 0.54 0.65 0.75 0.85 0.98 1.09 1.22 1.35 1.51 1.68 1.87
30 0.30 0.39 0.47 0.58 0.67 0.78 0.89 1.00 1.13 1.28 1.43 1.61 1.81 2.04
31 0.34 0.42 0.51 0.60 0.71 0.82 0.93 1.06 1.19 1.36 1.53 1.74 1.99 2.26
32 0.36 0.44 0.53 0.64 0.73 0.86 0.99 1.12 1.29 1.48 1.69 1.93 2.20 2.51
33 0.38 0.46 0.55 0.66 0.79 0.92 1.06 1.22 1.40 1.63 1.88 2.15 2.47 2.82
34 0.38 0.47 0.58 0.70 0.83 0.98 1.14 1.35 1.56 1.81 2.09 2.42 2.79 3.18
35 0.38 0.49 0.60 0.74 0.89 1.07 1.27 1.50 1.75 2.04 2.36 2.73 3.14 3.59
36 0.39 0.51 0.64 0.80 0.97 1.17 1.41 1.67 1.95 2.28 2.64 3.04 3.51 3.99
37 0.41 0.54 0.68 0.86 1.06 1.30 1.56 1.86 2.18 2.56 2.96 3.41 3.89 4.45
38 0.44 0.58 0.74 0.94 1.18 1.44 1.74 2.07 2.45 2.84 3.29 3.78 4.33 4.92
39 0.48 0.64 0.82 1.06 1.32 1.61 1.95 2.32 2.71 3.18 3.67 4.21 4.79 5.45
40 0.54 0.72 0.94 1.20 1.48 1.81 2.18 2.59 3.04 3.53 4.06 4.65 5.30 6.01
41 0.62 0.82 1.08 1.36 1.67 2.04 2.43 2.88 3.38 3.93 4.51 5.16 5.86 6.61
42 0.70 0.96 1.24 1.56 1.91 2.30 2.75 3.23 3.77 4.36 4.99 5.70 6.45 7.27
43 0.82 1.10 1.42 1.78 2.19 2.62 3.10 3.64 4.21 4.84 5.54 6.28 7.10 7.98
44 0.95 1.27 1.64 2.06 2.49 2.97 3.49 4.07 4.70 5.38 6.12 6.92 7.80 8.75
45 1.09 1.47 1.89 2.34 2.83 3.37 3.93 4.56 5.24 5.97 6.75 7.62 8.56 9.57
46 1.23 1.67 2.14 2.63 3.18 3.76 4.39 5.05 5.79 6.57 7.42 8.34 9.33 10.40
47 1.40 1.88 2.39 2.94 3.55 4.18 4.85 5.57 6.36 7.21 8.10 9.09 10.14 11.28
48 1.58 2.11 2.67 3.28 3.90 4.59 5.31 6.10 6.94 7.84 8.82 9.85 10.99 12.20
49 1.66 2.23 2.94 3.59 4.27 5.00 5.77 6.60 7.51 8.48 9.52 10.65 11.86 13.17
15 16 17 18 19 20 21 22 23 24 25 ULT ATT AGE
0.33 0.37 0.41 0.45 0.48 0.51 0.54 0.56 0.60 0.64 25
0.32 0.36 0.40 0.44 0.48 0.51 0.54 0.56 0.59 0.62 0.68 26
0.31 0.36 0.40 0.44 0.46 0.51 0.54 0.56 0.59 0.62 0.67 0.73 27
0.34 0.38 0.42 0.46 0.49 0.53 0.56 0.59 0.62 0.67 0.72 0.77 28
0.38 0.41 0.45 0.49 0.53 0.56 0.59 0.62 0.67 0.72 0.77 0.83 29
0.41 0.45 0.48 0.53 0.56 0.59 0.62 0.67 0.72 0.77 0.83 0.86 30
0.44 0.48 0.51 0.56 0.59 0.62 0.66 0.72 0.76 0.82 0.84 0.94 31
0.47 0.51 0.54 0.59 0.62 0.66 0.72 0.76 0.82 0.84 0.92 1.00 32
0.50 0.54 0.58 0.62 0.66 0.72 0.76 0.82 0.84 0.92 0.99 1.08 33
0.53 0.58 0.62 0.66 0.70 0.76 0.82 0.84 0.92 0.99 1.07 1.17 34
0.56 0.61 0.65 0.70 0.76 0.82 0.84 0.92 0.99 1.07 1.17 1.30 35
0.61 0.65 0.69 0.74 0.82 0.84 0.92 0.98 1.06 1.15 1.28 1.40 36
0.63 0.69 0.74 0.80 0.84 0.92 0.98 1.06 1.15 1.28 1.38 1.53 37
0.67 0.74 0.80 0.84 0.92 0.98 1.06 1.15 1.28 1.38 1.50 1.60 38
0.73 0.80 0.84 0.92 0.98 1.06 1.15 1.28 1.38 1.48 1.58 1.70 39
0.78 0.84 0.92 0.98 1.06 1.15 1.28 1.37 1.47 1.57 1.69 1.80 40
0.84 0.92 0.98 1.06 1.15 1.28 1.37 1.47 1.57 1.69 1.79 1.92 41
0.92 0.98 1.06 1.15 1.28 1.37 1.47 1.57 1.69 1.79 1.91 2.07 42
0.98 1.06 1.15 1.28 1.37 1.47 1.57 1.69 1.79 1.91 2.07 2.24 43
1.06 1.15 1.28 1.37 1.47 1.57 1.69 1.79 1.91 2.07 2.24 2.45 44
1.15 1.28 1.37 1.47 1.57 1.69 1.79 1.91 2.07 2.24 2.45 2.69 45
1.25 1.36 1.46 1.57 1.68 1.79 1.91 2.07 2.24 2.45 2.69 2.96 46
1.33 1.44 1.55 1.67 1.78 1.91 2.07 2.24 2.45 2.69 2.96 3.30 47
1.41 1.52 1.63 1.77 1.91 2.07 2.24 2.45 2.69 2.96 3.30 3.74 48
1.48 1.62 1.73 1.88 2.06 2.24 2.45 2.69 2.96 3.30 3.74 4.23 49
1.56 1.71 1.85 2.02 2.23 2.45 2.69 2.96 3.30 3.74 4.23 4.77 50
1.66 1.82 2.01 2.20 2.45 2.69 2.96 3.30 3.74 4.23 4.77 5.36 51
1.78 1.97 2.18 2.42 2.69 2.96 3.30 3.74 4.23 4.77 5.36 6.00 52
1.92 2.15 2.38 2.67 2.96 3.30 3.74 4.23 4.77 5.36 6.00 6.69 53
2.10 2.35 2.66 2.96 3.30 3.74 4.23 4.77 5.36 6.00 6.69 7.43 54
2.31 2.60 2.96 3.30 3.74 4.23 4.77 5.36 6.00 6.69 7.43 8.22 55
2.57 2.92 3.30 3.74 4.23 4.77 5.36 6.00 6.69 7.43 8.22 9.06 56
2.88 3.27 3.74 4.23 4.77 5.36 6.00 6.69 7.43 8.22 9.06 9.95 57
3.23 3.69 4.19 4.77 5.36 6.00 6.69 7.43 8.22 9.06 9.95 10.81 58
3.63 4.15 4.72 5.36 6.00 6.69 7.43 8.22 9.06 9.95 10.81 11.77 59
4.09 4.68 5.31 6.00 6.69 7.43 8.22 9.06 9.95 10.81 11.77 12.76 60
4.56 5.18 5.87 6.69 7.43 8.22 9.06 9.95 10.81 11.77 12.76 13.78 61
5.05 5.72 6.46 7.43 8.15 9.06 9.95 10.81 11.77 12.76 13.78 14.94 62
5.57 6.31 7.09 7.96 8.89 9.89 10.81 11.77 12.76 13.78 14.94 16.09 63
6.14 6.93 7.77 8.68 9.67 10.73 11.72 12.76 13.78 14.94 16.09 17.30 64
6.76 7.59 8.50 9.47 10.50 11.62 12.66 13.78 14.91 16.09 17.30 18.62 65
7.44 8.33 9.29 10.31 11.40 12.57 13.69 14.87 16.09 17.30 18.62 20.03 66
8.16 9.11 10.12 11.20 12.36 13.56 14.79 16.05 17.30 18.61 20.03 21.61 67
8.94 9.95 11.03 12.18 13.38 14.65 15.94 17.24 18.57 20.00 21.58 23.35 68
9.77 10.85 11.99 13.20 14.48 15.80 17.14 18.48 19.93 21.53 23.27 25.24 69
10.64 11.79 13.02 14.30 15.63 17.01 18.36 19.82 21.44 23.19 25.13 27.35 70
11.56 12.77 14.06 15.44 16.89 18.23 19.70 21.31 23.07 25.02 27.21 29.77 71
12.51 13.80 15.18 16.64 18.20 19.55 21.17 22.94 24.88 27.07 29.58 32.44 72
13.51 14.90 16.35 17.92 19.43 20.99 22.77 24.71 26.91 29.43 32.19 35.32 73
14.58 16.06 17.63 19.32 20.90 22.55 24.44 26.69 29.20 31.98 35.01 38.47 74
2001 Valuation Basic Table -- Female -- Smoker -- 1000qx (Age Nearest Birthday)
Duration
1 2 3 4 5 6 7 8 9 10 11 12 13 14
50 1.75 2.50 3.21 3.88 4.60 5.37 6.20 7.10 8.06 9.12 10.23 11.46 12.76 14.17
51 1.87 2.84 3.53 4.20 4.96 5.76 6.65 7.60 8.64 9.76 10.97 12.29 13.71 15.24
52 1.98 3.20 3.86 4.54 5.30 6.14 7.06 8.08 9.21 10.43 11.73 13.15 14.70 16.37
53 2.13 3.47 4.20 4.87 5.65 6.53 7.50 8.58 9.78 11.11 12.53 14.09 15.78 17.60
54 2.27 3.76 4.56 5.23 6.02 6.93 7.98 9.13 10.41 11.83 13.40 15.12 16.97 19.00
55 2.40 4.08 4.96 5.63 6.46 7.40 8.50 9.72 11.11 12.67 14.38 16.27 18.32 20.54
56 2.63 4.30 5.29 5.98 6.82 7.81 8.97 10.28 11.79 13.47 15.34 17.41 19.67 22.16
57 2.72 4.53 5.64 6.35 7.25 8.30 9.54 10.96 12.58 14.40 16.43 18.71 21.22 23.96
58 2.75 4.78 5.99 6.76 7.73 8.87 10.20 11.76 13.51 15.51 17.71 20.19 22.95 25.99
59 2.91 4.97 6.36 7.20 8.22 9.49 10.94 12.64 14.56 16.76 19.20 21.92 24.95 28.27
60 3.00 5.15 6.70 7.60 8.74 10.13 11.75 13.62 15.75 18.18 20.87 23.86 27.20 30.85
61 3.07 5.34 7.01 7.99 9.25 10.78 12.57 14.65 17.05 19.75 22.74 26.07 29.73 33.79
62 3.24 5.51 7.31 8.35 9.71 11.41 13.41 15.74 18.42 21.44 24.79 28.49 32.60 37.09
63 3.55 5.69 7.56 8.67 10.14 12.01 14.24 16.86 19.87 23.29 27.05 31.21 35.79 40.78
64 3.89 7.13 7.83 8.98 10.57 12.62 15.11 18.05 21.44 25.27 29.50 34.18 39.29 44.86
65 4.32 7.42 8.09 9.29 11.02 13.27 16.03 19.32 23.12 27.47 32.20 37.44 43.14 49.34
66 4.44 7.77 8.40 9.64 11.49 13.93 16.96 20.57 24.76 29.50 34.74 40.49 46.75 53.54
67 4.48 8.14 8.74 10.06 12.06 14.73 18.05 22.00 26.57 31.75 37.50 43.79 50.65 58.03
68 4.97 8.53 9.18 10.61 12.78 15.70 19.33 23.65 28.64 34.26 40.52 47.39 54.85 62.81
69 5.49 8.96 9.70 11.28 13.69 16.88 20.84 25.53 30.93 37.02 43.83 51.23 59.31 67.67
70 6.04 9.43 10.31 12.09 14.77 18.29 22.62 27.72 33.57 40.10 47.41 55.43 64.02 71.97
71 6.73 9.96 11.04 13.08 16.09 19.96 24.69 30.20 36.46 43.43 51.28 59.85 69.06 76.47
72 9.91 10.53 11.89 14.26 17.62 21.89 27.03 33.00 39.68 47.06 55.46 64.53 74.25 81.13
73 10.48 11.21 12.89 15.65 19.41 24.11 29.68 36.04 43.16 50.93 59.85 69.45 79.63 84.52
74 11.10 12.04 14.12 17.29 21.48 26.63 32.62 39.42 46.93 55.04 64.43 74.54 84.25 86.41
75 11.76 13.10 15.61 19.22 23.85 29.42 35.83 43.03 50.87 59.32 69.19 79.74 85.59 95.85
76 12.80 14.61 17.64 21.81 27.00 33.19 40.24 48.05 56.56 65.71 76.26 84.77 93.96 98.92
77 14.25 16.56 20.12 24.87 30.69 37.47 45.15 53.62 62.83 72.62 83.99 92.00 98.56 110.66
78 16.20 19.05 23.15 28.45 34.89 42.32 50.61 59.77 69.62 80.18 90.15 98.27 109.58 119.44
79 16.77 22.14 26.82 32.68 39.70 47.74 56.68 66.52 77.08 88.29 97.93 108.49 118.68 129.11
80 17.65 25.98 31.15 37.57 45.14 53.85 63.39 73.84 85.07 96.99 107.43 117.93 128.64 139.54
81 19.71 30.61 36.27 43.20 51.33 60.57 70.74 81.85 93.76 106.39 117.14 128.04 139.15 151.49
82 22.17 36.08 42.17 49.59 58.25 68.01 78.76 90.49 102.98 116.31 127.41 138.76 151.06 162.74
83 24.58 41.11 48.94 56.78 65.87 76.21 87.43 99.70 112.91 126.92 138.33 150.64 162.58 176.12
84 28.58 48.28 56.58 64.75 74.31 85.07 96.79 109.62 123.33 137.99 150.06 162.27 175.78 190.38
85 34.59 56.37 63.65 73.57 83.45 94.62 106.81 120.04 134.45 149.60 162.06 175.30 189.63 205.35
86 45.77 62.50 72.82 83.15 93.33 106.43 117.47 131.18 146.00 161.90 174.86 188.94 205.35 225.03
87 50.17 72.07 82.82 93.21 106.14 117.14 128.63 142.77 158.09 174.56 188.37 203.17 221.49 245.56
88 63.59 82.56 93.06 105.80 116.83 128.40 140.38 154.89 170.68 187.70 202.23 217.94 238.30 263.53
89 79.03 92.98 105.46 116.54 128.21 140.21 152.79 167.66 183.75 201.29 216.58 233.49 255.83 282.50
90 92.83 105.03 116.25 127.89 140.03 152.60 165.59 180.78 197.26 215.12 231.40 249.35 280.10 301.65
91 104.69 115.97 127.68 139.79 152.34 165.32 180.31 194.17 211.00 229.54 246.67 272.37 296.00 321.18
92 115.68 127.46 139.67 152.21 165.03 179.88 193.81 208.12 225.10 244.10 265.22 288.01 312.16 342.04
93 127.25 139.44 151.94 164.74 179.40 193.29 207.46 222.24 239.52 258.98 280.43 303.63 332.56 363.64
94 139.20 151.81 164.45 178.92 192.76 206.97 221.58 236.68 254.25 273.87 295.88 323.66 353.69 385.97
95 151.55 164.16 178.44 192.41 206.59 220.96 235.76 251.15 269.23 289.27 315.66 344.42 375.54 409.03
96 163.87 177.64 191.89 206.02 220.34 235.09 250.36 266.09 284.17 308.92 336.16 365.90 398.12 432.83
97 176.52 190.84 205.45 219.72 234.19 249.64 265.15 280.96 303.82 329.30 357.39 388.10 421.42 457.36
98 189.44 204.11 219.09 233.29 248.91 264.63 280.09 300.78 324.22 350.40 379.34 411.02 445.45 482.63
99 202.40 217.44 232.62 248.18 263.85 280.09 300.24 321.36 345.36 372.24 402.01 434.66 470.20 508.63
100 215.36 230.77 246.15 263.07 278.79 295.55 320.39 341.94 366.5 394.08 424.68 458.30 494.95 534.63
15 16 17 18 19 20 21 22 23 24 25 ULT ATT AGE
15.70 17.29 19.00 20.82 22.51 24.18 26.42 28.91 31.64 34.64 37.92 41.62 75
16.89 18.63 20.48 22.46 23.94 26.15 28.61 31.32 34.26 37.51 41.05 45.06 76
18.17 20.07 22.12 23.69 25.88 28.34 31.02 33.91 37.10 40.60 44.41 48.75 77
19.58 21.67 23.44 25.62 28.04 30.71 33.62 36.71 40.15 43.91 48.03 52.71 78
21.17 23.19 25.37 27.76 30.43 33.33 36.44 39.73 43.45 47.49 51.95 57.00 79
22.96 25.10 27.49 30.13 33.04 36.19 39.50 42.98 46.98 51.36 56.14 61.60 80
24.85 27.22 29.87 32.77 35.92 39.28 42.82 46.59 50.90 55.60 60.73 68.21 81
26.95 29.58 32.48 35.67 39.08 42.68 46.56 50.74 55.13 60.18 65.64 75.39 82
29.31 32.19 35.40 38.85 42.54 46.50 50.54 54.99 59.70 65.08 70.94 82.33 83
31.93 35.13 38.62 42.41 46.44 50.37 54.81 59.55 64.64 70.37 76.65 89.79 84
34.88 38.43 42.27 46.38 50.18 54.63 59.35 64.43 69.76 75.77 82.28 97.26 85
38.21 42.12 46.32 50.01 54.45 59.15 64.21 69.52 75.61 81.48 89.55 103.32 86
41.98 46.27 49.85 54.27 58.95 64.00 69.28 75.45 81.25 88.99 95.39 113.27 87
46.19 49.68 54.09 58.80 63.82 69.05 75.30 80.97 88.49 94.77 101.91 123.15 88
49.51 53.91 58.60 63.61 68.81 75.14 80.68 87.93 94.23 101.24 108.73 133.05 89
53.73 58.40 63.39 68.57 74.99 80.46 87.37 93.61 100.56 108.57 116.37 140.84 90
58.20 63.22 68.34 74.83 80.17 86.81 93.07 99.82 108.07 115.83 124.06 141.74 91
63.00 68.10 74.68 79.89 86.31 92.45 99.14 107.33 115.20 123.37 132.07 148.21 92
67.91 73.90 79.60 85.75 91.90 98.47 106.60 114.39 122.58 131.32 140.94 159.17 93
72.96 78.69 84.81 91.29 97.79 105.69 113.49 121.70 130.45 140.35 150.04 173.34 94
77.61 83.69 90.20 97.12 104.54 112.41 121.01 130.13 139.76 149.52 159.59 195.42 95
82.44 88.90 95.85 103.15 111.06 119.43 128.94 139.17 149.00 159.16 172.24 215.44 96
84.80 94.35 101.67 109.53 117.85 126.67 137.16 148.48 158.88 171.15 185.85 235.59 97
87.24 99.95 107.74 115.98 124.84 134.20 145.89 158.45 170.06 183.80 202.91 234.92 98
97.90 105.76 113.91 122.68 132.07 142.00 154.90 168.97 181.75 200.85 218.88 243.25 99
99.28 112.83 121.92 131.48 141.61 154.33 164.30 179.88 196.92 215.60 236.03 258.65 100
111.74 121.06 130.88 141.22 153.91 163.98 179.02 195.80 214.16 234.24 256.19 279.94 101
120.30 130.29 140.83 153.48 163.83 178.51 195.05 213.14 233.11 254.71 278.05 303.22 102
129.70 140.44 152.91 163.67 178.17 194.30 212.52 232.22 253.48 276.70 301.75 328.08 103
140.05 152.48 163.36 177.83 193.74 211.50 231.54 252.74 275.89 300.56 327.11 354.91 104
152.06 163.21 177.32 192.99 210.47 229.97 252.25 275.08 299.97 326.78 354.91 388.35 105
162.89 176.97 192.25 209.45 228.40 250.04 274.81 299.68 326.46 354.91 388.35 422.59 106
176.46 191.69 208.22 226.83 247.82 271.85 299.09 326.14 354.91 388.35 422.59 457.63 107
190.94 207.19 225.48 246.59 270.23 296.72 325.81 354.91 388.35 422.59 457.63 492.87 108
206.17 225.03 246.59 270.23 296.13 324.52 354.91 388.35 422.59 457.63 492.87 529.51 109
225.03 246.59 270.23 296.13 324.52 354.91 388.35 422.59 457.63 492.87 529.51 566.95 110
246.59 270.23 296.13 324.52 354.91 388.35 422.59 457.63 492.87 529.51 566.95 603.00 111
270.23 296.13 324.52 354.91 388.35 422.16 457.17 492.87 529.51 566.95 603.00 638.00 112
290.40 318.94 348.43 380.22 413.65 448.74 485.48 523.87 563.92 603.00 638.00 670.00 113
310.35 339.55 371.11 404.40 439.43 476.21 514.72 554.96 596.95 638.00 670.00 714.50 114
330.39 361.57 394.57 429.40 466.07 504.56 544.89 587.04 631.03 670.00 714.50 756.00 115
351.80 384.34 418.82 455.22 493.55 533.81 575.99 620.10 666.14 714.10 756.00 799.00 116
373.95 407.89 443.86 481.86 521.88 563.94 608.03 654.14 702.29 752.46 799.00 846.00 117
396.85 432.20 469.69 509.31 551.07 594.97 641.00 689.17 739.47 791.91 846.00 889.48 118
420.50 457.27 496.30 537.58 581.10 626.88 674.90 725.17 777.69 832.46 889.48 933.63 119
444.89 483.12 523.71 566.67 611.99 659.68 709.74 762.16 816.95 874.11 933.63 1000.00 120
470.03 509.72 551.90 596.57 643.73 693.38 745.51 800.14 857.25 916.85 1000.00 1000.00
495.92 537.10 580.89 627.30 676.32 727.96 782.22 839.09 898.58 1000.00 1000.00 1000.00
522.56 565.24 610.66 658.84 709.76 763.43 819.86 879.03 1000.00 1000.00 1000.00 1000.00
549.94 594.14 641.23 691.20 744.06 799.80 858.43 1000.00 1000.00 1000.00 1000.00 1000.00
577.32 623.04 671.8 723.56 778.36 836.17 897
EXHIBIT D
THE COMPANY'S RETENTION LIMITS
LIFE:
A. FOR SINGLE LIFE PLANS, THE COMPANY WILL RETAIN ITS RETENTION LIMIT, AS
STATED BELOW.
--------------------------------------------------------------------------------
ISSUE AGE PREFERRED PLUS, TABLE 1 TO TABLE 4 TABLE 5 TO TABLE 16
PREFERRED, STANDARD FE TO 7.50 FE OVER 7.50
--------------------------------------------------------------------------------
0-65 $2,000,000 $1,500,000 $500,000
--------------------------------------------------------------------------------
66-75 $1,500,000 $1,000,000 $500,000
--------------------------------------------------------------------------------
76-80 $1,000,000 $500,000 $250,000
--------------------------------------------------------------------------------
81-85 $500,000 $100,000 $0
--------------------------------------------------------------------------------
It is understood that the sum of all amounts retained on a life by the Company
under any in force policies will not exceed the Company's Retention Limit on a
per life basis
B. FOR JOINT LIFE PLANS, THE COMPANY WILL CALCULATE IT'S RETENTION AS
FOLLOWS:
1. Determine the greater of the Single Life "Maximum Retention" limit for the
(2) insureds from the table shown in Section A, above.
2. Determine the greater of the Single Life "Previous Insurance Retained" for
the (2) insureds.
3. Subtract the greater of the Single Life "Previous Insurance Retained"
amount from the greater of the Single Life "Maximum Retention" limit. The
result is the amount that the Company will retain on the Joint Life policy.
WAIVER OF PREMIUM: Same as Life
The Company's retention amounts apply to Life and ADB separately.
RISK RETENTION
The Company will retain a constant amount of the net amount at risk on a policy.
Any change in the net amount at risk due to changes in the cash value applicable
to the policy will be allocated to the reinsurers.
EXHIBIT E
AUTOMATIC ISSUE AND ACCEPTANCE LIMITS
For Single Life plans, the total Automatic Issue Amounts available to the
Company on a per life basis, including amounts retained by the Company and all
automatic reinsurance, will be as follows.
For Joint Life plans, the total combined Automatic Issue Amounts available to
the Company on both insureds, including amounts retained by the Company and all
automatic reinsurance, will be as follows.
--------------------------------------------------------------------------------
ISSUE AGE PREFERRED PLUS, TABLE 1 TO TABLE 4 TABLE 5 TO TABLE 16
PREFERRED, STANDARD FE TO 7.50 FE OVER 7.50
--------------------------------------------------------------------------------
0-65 $24,000,000 $18,000,000 $6,000,000
--------------------------------------------------------------------------------
66-75 $18,000,000 $12,000,000 $6,000,000
--------------------------------------------------------------------------------
76-80 $12,000,000 $6,000,000 $1,000,000
--------------------------------------------------------------------------------
81-85 $2,000,000 $100,000* $0*
--------------------------------------------------------------------------------
*THESE AMOUNTS REPRESENT THE COMPANY'S RETENTION ONLY.
For SGUL Single Life policies with issue ages 0-69, the Reinsurer will
automatically accept 30% of the excess over the Company's Retention, as
specified in Exhibit D, not to exceed the following limits on a per life basis:
--------------------------------------------------------------------------------
ISSUE AGE PREFERRED PLUS, TABLE 1 TO TABLE 4 TABLE 5 TO TABLE 16
PREFERRED, STANDARD FE TO 7.50 FE OVER 7.50
--------------------------------------------------------------------------------
0-65 $6,600,000 $4,950,000 $1,650,000
--------------------------------------------------------------------------------
66-75 $4,950,000 $3,300,000 $1,650,000
--------------------------------------------------------------------------------
76-80 $3,300,000 $1,650,000 $225,000
--------------------------------------------------------------------------------
81-85 $450,000 $0 $0
--------------------------------------------------------------------------------
For SGUL Single Life policies with issue ages 70-85, the Reinsurer will
automatically accept 25% of the excess over the Company's Retention, as
specified in Exhibit D, not to exceed the following limits on a per life basis:
--------------------------------------------------------------------------------
ISSUE AGE PREFERRED PLUS, TABLE 1 TO TABLE 4 TABLE 5 TO TABLE 16
PREFERRED, STANDARD FE TO 7.50 FE OVER 7.50
--------------------------------------------------------------------------------
0-65 $5,500,000 $4,125,000 $1,375,000
--------------------------------------------------------------------------------
66-75 $4,125,000 $2,750,000 $1,375,000
--------------------------------------------------------------------------------
76-80 $2,750,000 $1,375,000 $187,500
--------------------------------------------------------------------------------
81-85 $375,000 $0 $0
--------------------------------------------------------------------------------
For SGUL Joint Life policies, the Reinsurer will automatically accept 30% of the
excess over the Company's Retention for Joint Life policies, as specified in
Exhibit D, not to exceed the following limits:
--------------------------------------------------------------------------------
ISSUE AGE PREFERRED PLUS, TABLE 1 TO TABLE 4 TABLE 5 TO TABLE 16
PREFERRED, STANDARD FE TO 7.50 FE OVER 7.50
--------------------------------------------------------------------------------
0-65 $6,600,000 $4,950,000 $1,650,000
--------------------------------------------------------------------------------
66-75 $4,950,000 $3,300,000 $1,650,000
--------------------------------------------------------------------------------
76-80 $3,300,000 $1,650,000 $225,000
--------------------------------------------------------------------------------
81-85 $450,000 $0 $0
--------------------------------------------------------------------------------
IN FORCE LIMITS:
In force and applied for on any one life:
----------------------------------------------------------
ISSUE AGES STANDARD TO TABLE 8 TABLE 9 TO TABLE 16
----------------------------------------------------------
0-80 $50,000,000 $50,000,000
----------------------------------------------------------
81-85 $30,000,000 $0
----------------------------------------------------------
WAIVER OF PREMIUM:
Plans with an Increasing Premium Feature
ISSUE AGES INITIAL FACE AMOUNT
Under 40 $6,000,000
40 - 49 4,000,000
50 and over 2,000,000
Other plans - $60,000 of annual premium to be waived.
CONDITIONAL RECEIPT OR TEMPORARY INSURANCE AGREEMENT LIABILITY
The amount of coverage provided by the Reinsurer under a Conditional Receipt (or
Interim Receipt) or Temporary Insurance Agreement will not exceed the lesser of:
1. The Reinsurer's share, as stated in Exhibit A, of $1,000,000 or
2. The Reinsurer's Automatic Acceptance Limits; or
3. The Reinsurer's share of the difference between the amount of insurance
provided by the Conditional Receipt (or Interim Receipt) or Temporary
Insurance Agreement and the Company's Retention Limit specified in Exhibit
D of this Agreement, assuming the life had been underwritten as standard.
The Company's Retention Limit will include any amounts retained under any
inforce policies on the life.
EXHIBIT F
REINSURANCE REPORTS
The Company acknowledges that timely and correct compliance with the reporting
requirements of this Agreement are a material element of the Company's
responsibilities hereunder and an important basis of the Reinsurer's ability to
reinsure the risks hereunder. Consistent and material non-compliance with
reporting requirements, including extended delays, will constitute a material
breach of the terms of this Agreement.
REMITTANCE:
The Company will self-administer reinsurance transactions. Reinsurance premiums
are payable as specified in the Premium Mode provision of Exhibit C-1. During
each accounting period, as defined below, the Company will report to the
Reinsurer all first year and renewal premiums which became due during the
previous accounting period. Any adjustments made necessary by changes in
reinsurance effective during a previous accounting period will also be reported.
The Company will take credit, without interest, for any unearned premiums
arising due to reductions, cancellations or death claims. The unearned premiums
refunded will be net of allowances and policy fees.
The Company will pay the balance of premiums in arrears due under a reinstated
Reinsured Policy.
If a net balance is due to the Reinsurer, the Company will forward a remittance
in settlement with its report. If the net balance is due to the Company, the
Reinsurer will forward a remittance in settlement within 30 days of receipt of
the report.
REPORT REQUIREMENTS:
The Company will send to the Reinsurer the following reports electronically, by
the times indicated below:
REPORT ACCOUNTING PERIOD DUE DATE
1. New Business Monthly 21st day after month end
(New issues only- first time
policy reported to the Reinsurer)
2. Renewal Business Monthly 21st day after month end
(Policies with renewal dates
within Accounting Period)
3. Changes & Terminations Monthly 21st day after month end
(including conversions, replacements
reinstatements, increases, decreases,
recaptures, lapses, claims, etc.)
4. Inforce List Quarterly 21st day after quarter end
(Listing of each policy in force)
EXHIBIT F
5. Accounting Information Monthly 21st day after month end
(only required for Paper Reporting)
(See Exhibit F-1 for Sample
Summary Reporting Form, Section I)
6. Statutory Reserves Quarterly 21st day after quarter end
(See Exhibit F-1 for Sample
Summary Reporting Form, Section II)
7. Policy Exhibit Monthly 21st day after month end
(only required for Paper Reporting)
(See Exhibit F-1 for Sample
Summary Reporting Form, Section III)
8. Valuation Reserve Annually October 31st
Certification
(See Exhibit F-2 for Sample)
9. Tax Reserve Certification Annually June 1st
(See Exhibit F-3 for Sample)
MINIMUM DATA REQUIREMENTS FOR ELECTRONIC ADMINISTRATION:
Policy record details for new business, renewal business and changes and
terminations (Reports #1, 2 and 3 in Report Requirements, above) may be reported
as separate reports or combined into one report, hereinafter referred to as the
▇▇▇▇▇▇▇▇ and Transactions Report. Nonetheless, the data elements specified
below for the ▇▇▇▇▇▇▇▇ and Transactions Report must be provided for each
reported record.
▇▇▇▇▇▇▇▇ AND TRANSACTIONS REPORT:
--------------------------------------------------------------------------------
GENERAL
1. Reporting Period Dates Specifies the beginning and ending date of the
reporting period represented on the statement
file.
--------------------------------------------------------------------------------
INSURED DATA
--------------------------------------------------------------------------------
2. Last Name Represents the surname or family name of the
insured; must be specified for each insured on
joint policy types; name fields are required to
be parsed out into these listed components
--------------------------------------------------------------------------------
3. First Name Represents the given name of the insured; must be
specified for each insured on joint policy types;
name fields are required to be parsed out into
these listed components.
--------------------------------------------------------------------------------
EXHIBIT F
--------------------------------------------------------------------------------
4. Middle Name or Middle Represents the middle name of the insured; must
Initial (if available) be specified for each insured on joint policy
types; name fields are required to be parsed out
into these listed components.
--------------------------------------------------------------------------------
5. Date of Birth Specifies the date on which the insured was born;
this field must be provided on each insured on a
joint policy.
--------------------------------------------------------------------------------
6. Sex Indicates the gender of the insured; this field
must be provided on each insured on a joint
policy.
--------------------------------------------------------------------------------
7. Tobacco Use Code Indicates whether the insured is a smoker or user
of tobacco products.
--------------------------------------------------------------------------------
8. Rating Indicates whether the insured is standard,
substandard, or uninsurable.
--------------------------------------------------------------------------------
9. Residence State, province, or other geographical code that
indicates where the insured resides.
--------------------------------------------------------------------------------
10. Insured Sequence Number Specifies the number assigned by the ceding
company to delineate one insured from another
on a policy with multiple insureds.
--------------------------------------------------------------------------------
COVERAGE DATA
--------------------------------------------------------------------------------
11. Currency Indicates the currency to be applied in
calculating monetary amounts, if currency within
this treaty is a variable on a by policy basis.
--------------------------------------------------------------------------------
12. Reinsurance Method Indicates whether the policy is being ceded on an
automatic or facultative basis.
--------------------------------------------------------------------------------
13. Policy Number Specifies the number assigned by the ceding
company to the policy record.
--------------------------------------------------------------------------------
14. Coverage Sequence Number Specifies the number assigned by the ceding
company to delineate one coverage or benefit from
another on a policy with multiple coverages or
benefits.
--------------------------------------------------------------------------------
15. Issue Date The date the policy or benefit was issued.
--------------------------------------------------------------------------------
16. Reinsurance Effective Date Specifies the date upon which the reinsurance
(if different than issue date) coverage goes into effect, if it goes into
effect on a date other than the issue date. Can
also be used to specify the original Policy
Issue Date on a contractual policy conversion.
--------------------------------------------------------------------------------
17. Plan Code Specifies the plan of insurance being provided
to the insured; there must be a separate plan
code for each coverage.
--------------------------------------------------------------------------------
18. Joint Life Indicator Indicates that the coverage is a joint coverage
and that multiple lives are involved with the
coverage.
--------------------------------------------------------------------------------
19. Smoker Code Indicates that the coverage has been issued at
either non-smoker or smoker rates.
--------------------------------------------------------------------------------
20. Preferred Risk Class Indicates the level of classification between
the preferred and standard categories; there
may be more than one level of the preferred
classification available, and this will indicate
the specific level for this policy.
--------------------------------------------------------------------------------
21. Mortality Rating Specifies the exact rating assigned to the
policy; premium rates will be based on this
rating; this rating is generally expressed
as a percentage.
--------------------------------------------------------------------------------
EXHIBIT F
--------------------------------------------------------------------------------
22. Flat Extra Rate Specifies a flat rate per thousand to be charged
on the policy.
--------------------------------------------------------------------------------
23. Flat Extra Duration Specifies the number of years that the flat
extra rating will be charged.
--------------------------------------------------------------------------------
24. Direct Face Amount Specifies the face amount of the benefit issued
to the insured before the purchase of any
reinsurance.
--------------------------------------------------------------------------------
25. Reinsured Face Amount Specifies the face amount of the reinsurance
purchased.
--------------------------------------------------------------------------------
26. Reinsured Amount at Risk Specifies the net amount at risk for the current
year's reinsurance benefits.
--------------------------------------------------------------------------------
27. Death Benefit Option Specifies the option used to calculate the
policy net amount at risk on Universal Life
products, only.
--------------------------------------------------------------------------------
28. Coverage Maturity or Specifies the date on which the insurance
Expiry Date coverage will cease, based on the type of plan
issued to the insured.
--------------------------------------------------------------------------------
29. Issue Age From date of issue, the age at which premiums
will be charged when the case does not use a
rated age.
--------------------------------------------------------------------------------
30. Rated Age From the date of issue, the age at which
premiums will be charged when the age is
increased for substandard reasons, or when the
age is an equivalent age for joint products.
--------------------------------------------------------------------------------
31. Transaction Code Indicates the specific action that has occurred
to cause a policy to appear on the billing or
transaction report, such as New Business,
Renewal, Lapse, Death etc.
--------------------------------------------------------------------------------
32. Transaction Effective Date Specifies the date on which the transaction
is applied to the insured's policy.
--------------------------------------------------------------------------------
33. Standard Premium The premium to be paid for the reinsured
benefit; this must be specified for each benefit
provided on a policy record.
--------------------------------------------------------------------------------
34. Substandard Premium In the event that a mortality rating has been
assigned, this is the substandard portion of the
premium to be paid for the reinsured benefit;
this must be specified for each benefit provided
on a policy record.
--------------------------------------------------------------------------------
35. Flat Extra Premium The premium to be paid the reinsurer for any
flat extra premiums assigned to the policy.
--------------------------------------------------------------------------------
36. Fees Any additional fees to be charged, such as
policy fees
--------------------------------------------------------------------------------
37. Standard Allowance The allowance to be taken for the reinsured
benefit; this must be specified for each benefit
provided on a policy record.
--------------------------------------------------------------------------------
38. Substandard Allowance In the event that a mortality rating has been
assigned, this is the portion of the allowance
to be taken for the substandard premium; this
must be specified for each benefit provided on a
policy record.
-----------------------------------------------------------------------------
EXHIBIT F
-----------------------------------------------------------------------------
39. Flat Extra Allowance In the event a flat extra rating has been
assigned to the policy, this is the portion of
the allowance to be taken on the flat extra
premium; this must be specified for each flat
extra premium provided on a policy record.
-----------------------------------------------------------------------------
40. Fee Allowance The allowance to be taken for any fees paid on
the record.
-----------------------------------------------------------------------------
INFORCE LIST:
As required, a complete listing of all policy records considered to be in force
under this Agreement must also be provided to the Reinsurer (Report #4 in Report
Requirements, above). Each record on the Inforce List must contain data
elements 1-30, as specified in the above listing of data requirements.
REPORTING SYSTEM:
The system used by the Company to administer its reinsurance is:
TAI
The Company will inform the Reinsurer at least one reporting period in advance
of any change in the reporting format or data prior to its use in reports to the
Reinsurer. The Company will provide the Reinsurer with a test file containing
such a change prior to its implementation in the production of reports.
NOTIFICATION OF ACCEPTANCE OF FACULTATIVE OFFER:
The Company will promptly advise the Reinsurer of its acceptance of the
Reinsurer's underwriting decision pertaining to facultative business by sending
notice to the Reinsurer on the next New Business Report, providing the full
details of the facultative new business.
ADDITIONAL INFORMATION:
Upon request, the Company will promptly provide the Reinsurer with any
additional information related to the Reinsured Policies and which the Reinsurer
requires in order to complete its financial statements.
EXHIBIT F-1
SWISS RE LIFE & HEALTH AMERICA INC.
SELF ADMINISTERED REINSURANCE SUMMARY REPORTING FORM
Ceding Company Reinsurer
Treaty/Account # Period Experience is for
Coin YRT Mod Co Other Interest Sensitive: Yes No
Reinsurance Premium Mode: Monthly Quarterly Annual In Advance In Arrears
Reinsurance Reporting Mode: Monthly Quarterly Annual
Contact Date Phone #
------------------------------------------------------------------------------------------
SECTION I - ACCOUNTING
------------------------------------------------------------------------------------------
* * Premiums * * * * Allowances Other* *
---------- ------------ ---------- -------------------- ------------
First Year Renewal Year First Year Renewal Year Benefit Total
------------------------------------------------------------------------------------------
Life
------------------------------------------------------------------------------------------
ADB
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Waiver of Premium
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TOTAL
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SECTION II - RESERVE INFORMATION
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Amount of Rein (000) Issue Reserves Reinsured
Life ADB Year Life ADB Waiver Subst'd Deficiency
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SECTION III - POLICY EXHIBIT INFORMATION
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Current Period Year to Date
No. of Amt of * No. of Amt. of *
Policies Rein (000) Policies Rein (000)
A. In force Beg. of Period A.
1. New Business Auto ▇.▇▇▇▇
Fac Fac
2. Conversions/Replacements - On 2.
3. Reinstatements 3.
4. Other Increases 4.
5. Not Takens 5.
a) Total Inc (1+2+3+4-5) a)
6. Death 6.
7. Conversions/Replacements - Off 7.
8. Lapses 8.
9. Surrenders 9.
10.Expiry 10.
11.Recapture 11.
12.Other Decreases 12.
b) Total Dec (6+7+8+9+10+11+12) b)
B. In force End of Period (A+a-b) B.
EXHIBIT F-2
VALUATION RESERVE FOR SELF-ADMINISTERED BUSINESS CEDED TO SWISS RE LIFE & HEALTH
AMERICA INC. FROM AMERITAS LIFE INSURANCE CORPORATION
In force and Reserves at 200x:
Plan: Type: SM/NSM/AGGR/TOTAL
In force Reinsured Amount:
In force Number of Reinsured Policies:
Valuation Reserve as at 200x:
RESERVE RESERVE BASIS
TYPE AMOUNT ($) (TABLE, INTEREST
RATE AND METHOD)
Active Life Reserve
Unearned Premium Reserve
Disabled Life Reserve
Liability for Incurred But Not Reported Claims (IBNR)
Liability for Due and Unpaid Claims
Liability for claims in Course of Settlement
Other** (specify)
Total
**If credit for deficiency reserves is being taken, please specify under
"other".
As the valuation actuary of the above named company I certify that the
information above is correct as shown. *
Name:
Signature:
Actuarial Designation:
Title:
Date:
* Required only for Year End Valuation Reserves.
EXHIBIT F-3
TAX RESERVE CERTIFICATION FOR SELF ADMINISTERED BUSINESS CEDED TO SWISS RE LIFE
& HEALTH AMERICA INC. FROM AMERITAS LIFE INSURANCE CORPORATION
In force and Reserves at December 31, 200x:
Plan: Type: SM/NSM/AGGR/TOTAL
In force Reinsured Amount:
In force Number of Reinsured Policies:
Tax Reserve as at December 31, 200x:
RESERVE RESERVE BASIS
TYPE AMOUNT ($) (TABLE, INTEREST
RATE AND METHOD)
Active Life Reserve
Unearned Premium Reserve
Disabled Life Reserve
Liability for Incurred But Not Reported Claims (IBNR)
Liability for Due and Unpaid Claims
Liability for Claims in Course of Settlement
Other** (specify)
Total
**If credit for deficiency reserves is being taken, please specify under
"other".
As the valuation actuary of the above named company I certify that the
information above is correct as shown.
Name:
Signature:
Actuarial Designation:
Title:
Date: