EX-1 43 e74769_exg4k.txt AMENDMENT to the Risk Premium Reinsurance Agreement between the CENTURY LIFE OF AMERICA of Waverly, Iowa, hereinafter referred to as the "REINSURED," and THE LINCOLN NATIONAL LIFE INSURANCE COMPANY of Fort Wayne, Indiana, hereinafter referred to as the "LINCOLN," effective September 1, 1983. The reinsurance premium for the REINSURED'S Other Insured Rider with issue amounts of $10,000 to $24,999, shall be the REINSURED'S cost of insurance rates, attached hereto, charged the insured per thousand of the net amount at risk times the following percentages and applied to reinsurance under the above-mentioned reinsurance agreement on and after the first day of February, 1986.
Policy Year Smoking Status Issue Age 1 2-10 11+ -------------- --------- - ---- --- Nonsmoker 0-49 0% 80% 90% 50+ 0 70 70 Smoker 0-49 0 94 94 50+ 0 84 90
For the REINSURED'S Other Insured Rider with issue amounts greater than $24,999, the reinsurance premium shall be as described in Schedule D, Part V of the above-mentioned reinsurance agreement. It is expressly understood and agreed that the provisions of this amendment shall be subject to all the terms and conditions of the reinsurance agreement of which this amendment is a part which do not conflict with the terms hereof. Revision No. 10 IN WITNESS WHEREOF the parties hereto have caused this amendment to be executed in duplicate on the dates shown below. CENTURY LIFE OF AMERICA By /s/ Daniel E. Meylink By /s/ James P. Anderson ---------------------------- ---------------------------- VP - Legal & Asst. Secretary Date Nov. 18, 1986 Date Nov. 18, 1986 -------------------------- -------------------------- THE LINCOLN NATIONAL LIFE INSURANCE COMPANY By /s/ Bruce D. Barton By /s/ Larsh Rothert ---------------------------- ---------------------------- Vice President Assistant Secretary Date 12/5/86 Date 11/25/86 -------------------------- --------------------------