AUTOMATIC REINSURANCE. For automatic reinsurance, the Reinsurer's liability will commence at the same time as the Ceding Company's liability, including liability under any conditional receipt or temporary insurance provision.
Appears in 29 contracts
Samples: Automatic Yrt (Riversource of New York Account 8), Reinsurance Agreement (Riversource Variable Life Separate Account), Reinsurance Agreement (Riversource Variable Life Separate Account)
AUTOMATIC REINSURANCE. For automatic Automatic reinsurance, the Reinsurer's ’s liability will commence at the same time as the Ceding Company's ’s liability, including liability under any conditional receipt or temporary insurance provision.
Appears in 13 contracts
Samples: Ceding Company Agreement (Minnesota Life Individual Variable Universal Life Account), Automatic/Facultative (Minnesota Life Individual Variable Universal Life Account), Automatic/Facultative (Minnesota Life Individual Variable Universal Life Account)
AUTOMATIC REINSURANCE. For automatic reinsurance, the Reinsurer's liability will commence at the same time as the Ceding Company's liability, including liability under any conditional receipt or temporary insurance provision.
Appears in 11 contracts
Samples: Yrt Reinsurance Agreement (American National Variable Life Separate Account), Automatic Self Administered Yrt Reinsurance Agreement (American National Variable Life Separate Account), Automatic Yrt Reinsurance Agreement (Ids Life Variable Life Separate Account)
AUTOMATIC REINSURANCE. For automatic reinsurance, the Reinsurer's ’s liability will commence at the same time as the Ceding Company's ’s liability, including and will continue in accordance with the terms and conditions of this Agreement, and will end at the same time as that of the Company. Payment by the Company to the Reinsurer of reinsurance premium is a condition precedent to the Reinsurer’s liability under any conditional receipt or temporary insurance provisionhereunder.
Appears in 5 contracts
Samples: Reinsurance Agreement (Nationwide VL Separate Account-G), Reinsurance Agreement (Penn Mutual Variable Life Account I), Illegible Illegible Illegible Illegible Illegible (Vericity, Inc.)
AUTOMATIC REINSURANCE. For automatic reinsurance, the Reinsurer's Reinsurers liability will commence at the same time as the Ceding Company's liability, including and will continue in accordance with the terms and conditions of this Agreement, and will end at the same time as that of the Company. Payment by the Company to the Reinsurer of reinsurance premium is a condition precedent to the Reinsurers liability under any conditional receipt or temporary insurance provisionhereunder.
Appears in 2 contracts
Samples: Reinsurance Agreement (Nationwide VLI Separate Account-7), Reinsurance Agreement (Nationwide Vli Separate Account 4)
AUTOMATIC REINSURANCE. For automatic reinsurance, the Reinsurer's liability will commence at the same time as the Ceding Company's liability, including and will continue in accordance with the terms and conditions of this Agreement, and will end at the same time as that of the Company. Payment by the Company to the Reinsurer of reinsurance premium is a condition precedent to the Reinsurer's liability under any conditional receipt or temporary insurance provisionhereunder.
Appears in 2 contracts
Samples: Automatic Yearly Renewable Term Reinsurance Agreement (Symetra Separate Account Sl), Automatic Yearly Renewable Term Reinsurance Agreement (Symetra Separate Account Sl)
AUTOMATIC REINSURANCE. For automatic reinsurance, the Reinsurer's ’s liability for amounts ceded hereunder will commence at the same time as the Ceding Company's Cedent’s liability, including liability under any conditional receipt or temporary insurance provision.
Appears in 1 contract
Samples: Reinsurance Agreement (New York Life Ins & Annuity Corp Var Univ Life Sep Acc I)
