EX-1 24 e74769_exg3e.txt Amendment VII to reinsurance agreement 5356-1 (Automatic Coinsurance Bulk Universal Life) between the CENTURY LIFE OF AMERICA of Waverly, Iowa, and the LIFE REASSURANCE CORPORATION OF AMERICA of Stamford, Connecticut. Amendment VII. ------------------------- Schedule A is hereby voided and replaced by the attached Schedule A - Amended, effective July 1, 1990. All provisions of the reinsurance agreement not in conflict with the provisions of this amendment will continue unchanged. This amendment is signed in duplicate at the dates and places indicated with an effective date of July 1, 1990. Date: July 30, 1990 CENTURY LIFE OF AMERICA ---------------------------- Place: Waverly, IA By: /s/ Arthur J. Messburg ---------------------------- --------------------------------- Witness: /s/ Maggie Droste Title: ARTHUR J. MESSBURG, SECRETARY -------------------------- ------------------------------- LIFE REASSURANCE CORPORATION Date: June 11, 1990 OF AMERICA ---------------------------- Place: Stamford, CT By: /s/ Signature ---------------------------- --------------------------------- Witness: /s/ Glenn D. Engel Title: Sr. Vice President -------------------------- ------------------------------- SCHEDULE A - AMENDED -------------------- Agreement Number 5356-1 Part I - Retention Limits of CENTURY LIFE OF AMERICA ---------------------------------------------------- A. LIFE AGES STANDARD ---- -------- 0 - 70 $500,000 71 - 80 40,000
AGES A & AA B & BB C - D E - F H - J L - P ---- ------ ------ ----- ----- ----- ----- 0-50 500,000 442,000 375,000 300,000 192,000 100,000 51 482,000 425,000 362,000 288,000 185,000 98,000 52 463,000 408,000 347,000 278,000 177,000 93,000 53 443,000 392,000 333,000 267,000 170,000 89,000 54 425,000 375,000 318,000 255,000 163,000 85,000 55 407,000 358,000 305,000 243,000 155,000 83,000 56 388,000 482,000 290,000 233,000 148,000 78,000 57 368,000 325,000 277,000 222,000 142,000 74,000 58 350,000 310,000 263,000 210,000 135,000 70,000 59 332,000 293,000 248,000 198,000 127,000 68,000 60 313,000 277,000 235,000 188,000 120,000 63,000 61 293,000 260,000 220,000 177,000 113,000 59,000 62 275,000 243,000 207,000 165,000 105,000 55,000 63 257,000 227,000 192,000 153,000 98,000 53,000 64 238,000 210,000 178,000 143,000 92,000 48,000 65 218,000 193,000 163,000 132,000 83,000 44,000 66 200,000 177,000 150,000 120,000 77,000 40,000 67 182,000 160,000 137,000 108,000 70,000 38,000 68 163,000 143,000 122,000 98,000 62,000 33,000 69 143,000 127,000 108,000 87,000 55,000 29,000 70 125,000 110,000 93,000 75,000 48,000 25,000 71-80 40,000 40,000 40,000 40,000 40,000 25,000
B. WAIVER OF PREMIUM $1,000,000 of Total Life Inforce C. ACCIDENTAL DEATH BRNEFIT $150,000 The above amounts shall be exceeded by as much as $15,000 to avoid reinsurance. Schedule A Continues . . .