Which of the following statements concerning the use of a recapture provision in a reinsurance agreement is (are) correct? I. Recapture is permitted only after the policy or policies involved have been in force for some minimum period of time. II. The typical recapture provision is more liberal for the primary company if a coinsurance arrangement is used than if a yearly renewable term plan is used.

		I only
		II only
		Both I and II
		Neither I nor II