Ceded Claim Settlements. Payment of death claims by the Reinsurer shall be in one lump sum regardless of the mode of settlement under any Covered Policy. The Reinsurer shall reimburse the Company for any claims payable under this Agreement as described in Article III.
Appears in 4 contracts
Samples: Yearly Renewable Term Reinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account A), Yearly Renewable Term Reinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account A), Yearly Renewable Term Reinsurance Agreement (John Hancock Life Insurance Co of New York Separate Account B)
Ceded Claim Settlements. Payment of death claims by the Reinsurer shall be in one lump sum regardless of the mode of settlement under any Covered Policy. The Reinsurer shall reimburse the Company for any undisputed claims payable under this Agreement as described in Article III.
Appears in 2 contracts
Samples: Yearly Renewable Term Reinsurance Agreement (John Hancock Life Insurance Co of New York Separate Account B), Yearly Renewable Term Reinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account A)
Ceded Claim Settlements. Payment of death claims by the Reinsurer shall be in one lump sum regardless of the mode of settlement under any Covered Policythe Company’s policy. The Reinsurer shall will reimburse the Company for any claims payable under this Agreement as described in Article IIIIV.
Appears in 1 contract
Samples: Reinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account A)
