BACKDATING. The Reinsurer agrees to accept reinsurance coverage for policies backdated to have a policy year date not to exceed the longer of ________ (__) years to the issue date and the maximum period allowed by the state in which the policy is issued. However, it is agreed that the Reinsurer shall not be liable for any claims occurring on such policies prior to the effective date of this Agreement.
Appears in 2 contracts
Sources: Reinsurance Agreement, Reinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account A)
BACKDATING. The Reinsurer agrees to accept reinsurance coverage for policies backdated to have a policy year date not to exceed the longer of ________ (__) years 1 year to the issue date and the maximum period allowed by the state in which the policy is issued. However, it is agreed that the Reinsurer shall not be liable for any claims occurring on such policies prior to the effective date of this Agreement.
Appears in 1 contract
Sources: Modified Coinsurance Reinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account A)