percent increase in the gross premium per $1000 as shown in the table below instead of what would otherwise apply from i throughabove. Length of Percent Increase in Lapse Rate for the Final Length of Premium Premium Period Gross Premium per Year of the Level Period After Increase Prior to Increase $1000 Premium Period (Shock Lapse) 1<PP≤5 1 Any 50% 1<PP≤5 1<PP Any 25% 5<PP≤10 1 < 400% 70% 5<PP≤10 1 > 400% 80% 5<PP≤10 1<PP≤5 Any 50% 5<PP≤10 5<PP Any 25% 10<PP 1 < 400% 70% 10<PP 1 > 400% 80% 10<PP 1<PP≤5 Any 70% 10<PP 5<PP Any 50% REASONING: Greater clarity.
percent increase in the gross premium per $1000 as shown in the table below instead of what would otherwise apply from i throughabove. Length of Premium Period Prior to Increase Length of Premium Period After Increase Percent Increase in Gross Premium per $1000 Lapse Rate for the Final Year of the Level Premium Period (Shock Lapse) 1<PP≤5 1 Any 50% 1<PP≤5 1<PP Any 25% 5<PP≤10 1 < 400% 70% 5<PP≤10 1 > 400% 80% 5<PP≤10 1<PP≤5 Any 50% 5<PP≤10 5<PP Any 25% 10<PP 1 < 400% 70% 10<PP 1 > 400% 80% 10<PP 1<PP≤5 Any 70% 10<PP 5<PP Any 50% REASONING: Greater clarity.
cmte_a_latf_181004_apf_201848.docx