2

Define Group Term Life Reinsurance Layers

2.1

Make sure the Group Term Life tab is selected.

2.2

Search for the desired treaty.

2.3

Click the desired treaty to display its profile.

2.4

Click the Reinsurance category button.

2.5

Click New to display the Specific Reinsurance Layer window.

2.6

Specify reinsurance layer information as follows

Coverage Limit
Enter the coverage limit amount here.
Attachment Point
Enter the attachment point amount here. If the amount is a deductible, check the Deductible box.
Effective
When the layer is effective in these fields. Enter dates directly into the fields in MM/DD/YYYY format or click the calendar icons and set the dates using the date picker tool.
2.7

If you want to create a new quota share, check the Quota Share box, then click the New Quota Share button to display the Quota Share window.

2.8

Specify the quota share as follows and click OK.

Quota Share Percent
Enter the share percent amount for the quota share here.
Participant
Click the button to the right of the field and use the Select Participant window to search for and select the quota sharing participant.
Payee
If the payee is the same as the participant, check the Same as Participant Box. If the payee is different, clear the box to activate the payee field. Click the button to the right of the field and use the Select Payee window to specify the payee.
2.9

If you want to create a new excess layer, check the Excess box, then click the New Excess Layer button to display the Excess window.

2.10

Specify the excess layer as follows and click OK.

Excess Rate
Enter the rate for the excess layer here.
Participant
Click the button to the right of the field and use the Select Participant window to search for and select the excess layer participant.
Payee
If the payee is the same as the participant, check the Same as Participant Box. If the payee is different, clear the box to activate the payee field. Click the button to the right of the field and use the Select Payee window to specify the payee.
2.11

Click Save to create the reinsurance layer and close the reinsurance window.