AMENDMENT NO. 13
to the
VARIABLE ANNUITY GMIB REINSURANCE AGREEMENT
EFFECTIVE MARCH 1, 2005
Between
▇▇▇▇▇▇▇ NATIONAL LIFE INSURANCE COMPANY
("CEDING COMPANY")
and
ACE TEMPEST LIFE REINSURANCE LTD.
("REINSURER")
Effective April 6, 2009, this Amendment is hereby attached to and becomes a part
of the above-described Reinsurance Agreement. It is mutually agreed that the
Agreement will be amended to correct the reinsurance premium rates for policies
that convert to the new Guaranteed Minimum Death Benefits. To effect these
changes, the following provision of this Agreement is hereby amended:
|X| Schedule D, QUARTERLY REINSURANCE PREMIUM RATE, Amendment # 12, is hereby
replaced by the attached Schedule ▇.
▇▇▇▇▇▇▇ National Life Insurance Company ACE Tempest Life Reinsurance Ltd.
By ____Lisa C. Drake____________________ By _____Huan Tseng______________
Name __Lisa C. Drake____________________ Name ___Huan Tseng_______________
Title _SVP & Chief Actuary_______________ Title SVP & Chief Pricing Officer
Date __6/15/2009________________________ Date ___June 4, 2009_____________
SCHEDULE D
QUARTERLY REINSURANCE PREMIUM RATE
The QUARTERLY REINSURANCE PREMIUM RATE, subject to the terms and conditions of
this Agreement, is shown in the table below for each GMIB TYPE. It applies to
all CONTRACT TYPEs, and is guaranteed while the reinsurance coverage is in
effect.
GMIB TYPE FORM NUMBER QUARTERLY RATE
If has not elected GMDB forms 7557, 7558, 7559, 7560, 7596, 7597, 7598, 7599:
7454, 7485, ▇▇▇▇▇ ▇▇, ▇▇▇▇▇ ▇▇ Unisex X.XXXX
7524, ▇▇▇▇▇ ▇▇, ▇▇▇▇▇ ▇▇ Unisex X.XXXX
7551, ▇▇▇▇▇ ▇▇, ▇▇▇▇▇ ▇▇ Unisex X.XXXX
If has elected GMDB forms 7557, 7558, 7559, 7560, 7596, 7597, 7598, 7599:
7454, 7485, ▇▇▇▇▇ ▇▇, ▇▇▇▇▇ ▇▇ Unisex X.XXXX
7524, ▇▇▇▇▇ ▇▇, ▇▇▇▇▇ ▇▇ Unisex X.XXXX
7551, ▇▇▇▇▇ ▇▇, ▇▇▇▇▇ ▇▇ Unisex X.XXXX
JNL ACE 2005 TREATY SCHEDULE D AMENDMENT # 13