Coinsurance. Reinsurer agrees to accept, and it does accept as of the Effective Date, cession of the Reinsured Contracts, and to assume, and it does assume, on a 100% indemnity coinsurance basis, all general account liability as relates to all remaining written contractual liability not assumed in accordance with Section 3.02, except as otherwise provided in Section 4.02.
Appears in 6 contracts
Samples: Service Agreement (Hancock John Variable Annuity Account U), Service Agreement (Hancock John Variable Annuity Account Jf), Service Agreement (Hancock John Variable Annuity Account H)
Coinsurance. Reinsurer agrees to accept, and it does accept as of the Effective Date, cession of the Reinsured Contracts, and to assume, and it does assume, assume on a 100% indemnity coinsurance basis, all general account liability as it relates to all remaining written contractual liability not assumed in accordance with Section 3.02, except as otherwise provided in Section 4.02.
Appears in 2 contracts
Samples: Service Agreement (MetLife Insurance CO of Connecticut), Service Agreement (Metlife of Ct Separate Account Eleven for Variable Annuities)
Coinsurance. Reinsurer agrees to accept, and it does accept as of the Effective Date, cession of the Reinsured ContractsPolicies, and to assume, and it does assume, assume on a 100% indemnity coinsurance basis, all general account liability as it relates to all remaining written contractual liability not assumed in accordance with Section 3.02, except as otherwise provided in Section 4.02.
Appears in 2 contracts
Samples: Service Agreement (MetLife Insurance CO of Connecticut), Service Agreement (Metlife of Ct Fund Ul Iii for Variable Life Insurance)
Coinsurance. Reinsurer agrees to accept, and it does accept as of the Effective Date, cession of the Reinsured ContractsPolicies, and to assume, and it does assume, on a 100% indemnity coinsurance basis, all general account liability as relates to all remaining written contractual liability not assumed in accordance with Section 3.02, except as otherwise provided in Section 4.02.
Appears in 1 contract
Samples: Service Agreement (Hancock John Variable Life Account U)