Fourth Amendment to Amended and Restated Coinsurance and Modified Coinsurance Agreement dated April 17, 2023

EX-10.IB3 3 g196964_ex10ib3.htm AMENDED AND RESTATED AGREEMENT

Exhibit 10(i)(b)(3)

 

FOURTH AMENDMENT TO AMENDED AND RESTATED 

COINSURANCE AND MODIFIED COINSURANCE AGREEMENT

 

THIS FOURTH AMENDMENT TO AMENDED AND RESTATED COINSURANCE AND MODIFIED COINSURANCE AGREEMENT (“Amendment”) effective April 17 , 2023 amends the AMENDED AND RESTATED COINSURANCE AND MODIFIED COINSURANCE AGREEMENT effective February 4, 2021 (the “Agreement”) between MEMBERS LIFE INSURANCE COMPANY and CMFG LIFE INSURANCE COMPANY.

 

WHEREAS, the parties wish to amend the terms of the Agreement to revise the names of the policies attached to the Agreement to update them to reflect changes associated with the branding changes.

 

NOW THEREFORE, in consideration of the premises and the mutual covenants contained herein, the parties agree to amend the Agreement as follows:

 

1.1 Amendment to SCHEDULE A. “Schedule A – Covered Policies” to the Agreement is replaced in its entirety with the “Schedule A – Covered Policies” attached to this Amendment.

 

IN WITNESS WHEREOF, the parties have caused this Amendment to be executed by their duly authorized representatives effective as of the date set forth above.

 

MEMBERS LIFE INSURANCE COMPANY   CMFG LIFE INSURANCE COMPANY
                 
By:   By:
         
Print Name: Brian Borakove   Print Name: Laureen Winger
         
Title: Senior Vice President   Title: EVP, Chief Financial Officer
         
Date: 04/25/2023   Date: 04/25/2023

  

 

 

SCHEDULE A

 

COVERED POLICIES

 

MEMBERS® Zone Annuity

 

MEMBERS® Horizon Variable Annuity

 

TruStage™ Horizon II Annuity

 

TruStage™ Zone Income Annuity

 

TruStage™ ZoneChoice Annuity