Common use of Credit for Reinsurance Clause in Contracts

Credit for Reinsurance. The parties intend that the Company will receive statutory reserve credit in its state of domicile for reinsurance provided under this Agreement. The parties agree to use reasonable efforts to ensure that such reserve credit will remain available to the Company.

Appears in 26 contracts

Samples: Reinsurance Agreement (Vericity, Inc.), Yrt Reinsurance Agreement (Tiaa-Cref Life Separate Account Vli-1), Automatic Yrt Reinsurance Agreement (First Investors Life Level Premium Variable Lif Ins Sep Ac B)

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Credit for Reinsurance. The parties intend that the Company will receive statutory reserve credit in its state of domicile for reinsurance provided under this Agreement. The parties agree to use reasonable efforts to ensure that such reserve credit will xxxx remain available to the Company.

Appears in 1 contract

Samples: Reinsurance Agreement (National Variable Life Insurance Account)

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