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2005-040
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2005-040
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Last modified
7/7/2016 10:57:11 AM
Creation date
9/30/2015 7:45:12 PM
Metadata
Fields
Template:
Official Documents
Official Document Type
Agreement
Approved Date
02/01/2005
Control Number
2005-040
Agenda Item Number
7.S.
Entity Name
SAFECO Life Insurance Company
Subject
Excell Loss Insurance Policy Participation Agreement
Archived Roll/Disk#
4000
Supplemental fields
SmeadsoftID
3876
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AGGREGATE EXCESS LOSS TERMINAL PROVISION <br /> This provision applies only if indicated on the Schedule . <br /> If the Aggregate Excess Loss benefit terminates at the end of the Policy Period , Paid Claims will apply <br /> toward the Aggregate Attachment Point for the Final Policy Period only if they are : <br /> a . incurred while the Aggregate Excess Loss benefit is in force or during the Run-in Period , subject to <br /> the Run-in Limit; and <br /> b . paid during the Final Policy Period or the Terminal Run -out Period shown on the Schedule . <br /> The Annual Aggregate Attachment Point for the Policy Period will be increased by an amount equal to the <br /> average number of Covered Units during the last 3 months of the Policy Period multiplied by the terminal <br /> factor(s) shown in the Schedule . <br /> This provision will not apply if the Aggregate Excess Loss benefit terminates before the end of the Policy <br /> Period , <br /> LGC 8810 11 /01 <br />
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