Common use of Accelerated Death Benefit Clause in Contracts

Accelerated Death Benefit. If the Ceding Company pays an accelerated death benefit under the terms of the policy contract, the reinsurance coverage will continue unaffected until the death of the insured.

Appears in 1 contract

Sources: Automatic Yrt Reinsurance Agreement (Riversource Variable Life Separate Account)

Accelerated Death Benefit. If the Ceding Company pays an accelerated death benefit under the terms of the policy contract, the reinsurance coverage will continue unaffected until the death of the insured.

Appears in 1 contract

Sources: Automatic Yrt Reinsurance Agreement (Riversource Variable Life Separate Account)