Any Late Reported Terminations. For the purposes of this Article IX, a "Late Reported Termination" is a termination of life reinsurance coverage (other than by death) reported more than two (2) years after the termination date of the covered risk. The Reinsurer will reimburse Reinsurance Premiums on Late Reported Terminations for only the last two (2) years. Allocated Retention Pool (Excess Risks) -- Effective October 1, 2008 Between HLAIC and Canada Life
Appears in 3 contracts
Sources: Reinsurance Agreement (Hartford Life & Annuity Ins Co Separate Acount Vlii), Reinsurance Agreement (Hartford Life & Annuity Insurance Co Sep Account Vl I), Reinsurance Agreement (Hartford Life & Annuity Ins Co Separate Acount Vlii)