Common use of AUTOMATIC REINSURANCE Clause in Contracts

AUTOMATIC REINSURANCE. Our liability for reinsurance placed automatically under this Agreement will begin and end simultaneously with your liability for the underlying policy on which reinsurance is based.

Appears in 11 contracts

Sources: Automatic Reinsurance Agreement (Union Security Insurance Co Variable Account C), Automatic Reinsurance Agreement (Variable Account II of AGL of Delaware), Automatic Reinsurance Agreement (Usl Separate Account Usl Vl-R)

AUTOMATIC REINSURANCE. Our Your liability for reinsurance placed ceded automatically under this Agreement will begin and end simultaneously with your our liability for the underlying policy on which reinsurance is based.

Appears in 3 contracts

Sources: Pool Reinsurance Agreement (Nassau Life Variable Accumulation Account), Pool Reinsurance Agreement (Nassau Life Variable Universal Life Account), Pool Reinsurance Agreement (PHL Variable Accumulation Account)

AUTOMATIC REINSURANCE. Our Your liability for reinsurance placed cessions ceded automatically under this Agreement will begin and end simultaneously with your our liability for the underlying policy on which reinsurance is based, subject to the Agreement effective date shown in Article I (Scope of the Agreement), Section 2.

Appears in 2 contracts

Sources: Automatic Coinsurance Agreement (Nassau Life Variable Universal Life Account), Automatic Coinsurance Agreement (PHL Variable Accumulation Account)

AUTOMATIC REINSURANCE. Our Your liability for reinsurance placed cessions ceded automatically under this Agreement will begin and end simultaneously with your our contractual liability for the underlying policy on which reinsurance is based, unless otherwise terminated in accordance with this agreement, subject to the Agreement effective date shown in Article I (Scope of the Agreement), Section 2.

Appears in 2 contracts

Sources: Reinsurance Agreement (Phlvic Variable Universal Life Account), Automatic Yrt Reinsurance Agreement (Phlvic Variable Universal Life Account)

AUTOMATIC REINSURANCE. Our Your liability for reinsurance placed automatically under this Agreement will begin and end simultaneously with your our liability for the underlying policy on which reinsurance is based, subject to the Agreement effective date shown in Article I (Scope of the Agreement), Section 2.

Appears in 1 contract

Sources: Novation Agreement (Nassau Life Variable Universal Life Account)

AUTOMATIC REINSURANCE. Our Your liability for reinsurance placed automatically under this Agreement will begin and end simultaneously with your our liability for the underlying policy on which reinsurance is based, subject to the Agreement effective date shown in Article VI (Scope of the Agreement), Section 2.

Appears in 1 contract

Sources: Automatic Reinsurance Agreement (Nassau Life Variable Universal Life Account)