Decreasing Term Plans. The Reinsurer's net amount at risk shall be determined in accordance with the Ceding Company's table of reducing amount or commuted values for each policy year applied to the initial amount of reinsurance involved.
Appears in 6 contracts
Sources: Reinsurance Agreement (Jnlny Separate Account Iv), Reinsurance Agreement (Jackson National Separate Account Iv), Yrt Agreement (Nationwide Provident Vli Separate Account 1)
Decreasing Term Plans. The Reinsurer's net amount at risk shall be determined in accordance with the Ceding Company's table of reducing amount or commuted values for each policy year applied to the initial amount of reinsurance insurance involved, less the Ceding Company's retention.
Appears in 2 contracts
Sources: Assignment, Transfer and Novation Agreement (Ameritas Variable Separate Account V), Yrt Agreement (Sentry Variable Life Account I)