CONVERSIONS, EXCHANGES AND REPLACEMENTS. If a policy reinsured under this Agreement is converted, exchanged or replaced, the Ceding Company will promptly notify MARC. Unless mutually agreed otherwise, policies that are not reinsured with MARC and that exchange or convert to a plan covered under this Agreement will not be reinsured hereunder.
Appears in 6 contracts
Samples: Reinsurance Agreement (Ameritas Variable Separate Account V), Tiaa-Cref Life Separate Account Vli-1, Symetra Separate Account Sl
CONVERSIONS, EXCHANGES AND REPLACEMENTS. If a policy reinsured under this Agreement is converted, exchanged or replaced, the Ceding Company Company, through the Administrator, will promptly notify MARC. Unless mutually agreed otherwise, policies that are not reinsured with MARC and that exchange or convert to a plan covered under this Agreement will not be reinsured hereunder.
Appears in 1 contract
Samples: Benefit Payments Procedure (First Trinity Financial CORP)
