What is an Automatic Acceptance Limit

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Bima Mtaani
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  • This is the level of sum assured in respect of which the cedant would have no recourse to the reassurer before accepting the business proposal.
  • It is usually expressed as a multiple of the life office retention limit (say between a multiple of 2 to 5)
  • Please note that the Automatic Acceptance Limit is NOT the same as either the non-medical or free cover limit.

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Treaty reinsurance

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