Automatic Coverage. For automatic reinsurance coverage of any policy covered under this Agreement, the Company will retain the amount stipulated in Exhibit D according to the age and mortality rating at the time of underwriting. The Company will automatically cede the amount of reinsurance to the Reinsurer according to the Automatic Acceptance Limits specified in Exhibit E.
Automatic Coverage. On and after the Effective Date of this agreement, whenever the Ceding Company issues coverage on a risk for a plan covered by this Pool, and the total coverage issued and in force on that risk with the Ceding Company exceeds its then current maximum retention, such coverage will be automatically reinsured in the Pool, provided:
Automatic Coverage. A. On and after the Effective Date of this Memorandum Addendum, whenever the Ceding Company issues coverage on a risk for the Survivor Life plan covered by this Pool, and the total coverage issued and in force on that risk with the Ceding Company exceeds its then current maximum retention, such coverage will be automatically reinsured in the Pool, provided:
Automatic Coverage. The Company shall cede to the Reinsurer the life insurance policies, supplementary benefits and riders listed in Exhibit A. The Reinsurer shall automatically accept these policies, supplementary benefits and riders as described in the exhibits of this Agreement, provided that:
Automatic Coverage. A. Reinsurance hereunder will be ceded automatically by the CEDING COMPANY on an excess of retention basis as shown in Exhibits A, B and D, and will be reported to the REINSURER according to the terms in Exhibit E.
Automatic Coverage. A. Reinsurance hereunder will be ceded automatically by the CEDING COMPANY on an excess quota-share basis. The REINSURER’S percentage of participation in each risk ceded will be shown in Schedule A.
Automatic Coverage. A. All Provisions of this Agreement are subject to the laws of the State of New York.
Automatic Coverage. 2. Except as specified in Paragraph 5, whenever the Company retains its maximum limit of retention, as indicated in Schedule I, the Company shall cede and the [name of reinsurance company] shall automatically accept such Life reinsurance as provided herein with a corresponding amount of Waiver of Premium, if any, on the same terms and for an amount not exceeding the limits specified in Schedule I. Special Automatic Coverage
Automatic Coverage. Except as provided below, the REINSURER will automatically be liable for its share, as defined in Schedule A, up to the limits shown in Schedule A, of ceded reinsurance on Policies, provided that the following conditions precedent are satisfied:
Automatic Coverage. A. Reinsurance hereunder will be ceded automatically by the CEDING COMPANY through an Automatic Risk Pool. [name of reinsurance company]'S percentage of participation in each risk ceded through this Pool will be as shown in Exhibit D.
