Common use of Assumption Certificate Clause in Contracts

Assumption Certificate. The certificate to be issued by the Reinsurer to the Policyholder of any Assumed Policy and which is substantially in the form provided in the Assumption Agreement, as modified and approved by various state insurance regulatory authorities.

Appears in 2 contracts

Samples: Coinsurance Reinsurance Agreement (Citizens Inc), Coinsurance Reinsurance Agreement (Citizens Inc)

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Assumption Certificate. The certificate to be issued by the Reinsurer to the Policyholder of any Assumed Coinsured Policy that is reinsured on an assumption reinsurance basis under the terms and provisions of this Agreement, and which is shall be in substantially in the form provided in the Assumption Agreementas set forth on SCHEDULE 1.2 to this Agreement and made a part hereof, as modified by and approved by various state insurance regulatory authorities.

Appears in 2 contracts

Samples: Coinsurance Reinsurance Agreement (Citizens Inc), Coinsurance Reinsurance Agreement (Citizens Inc)

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Assumption Certificate. The certificate to be issued by the Reinsurer to the Policyholder of any Assumed Policy and which is substantially in under the form provided in the provisions of this Assumption Reinsurance Agreement, as modified and approved by various state insurance regulatory authorities.

Appears in 1 contract

Samples: Assumption Reinsurance Agreement (Security National Financial Corp)

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