Exchanges and Replacements. A policy resulting from an internal exchange or replacement will be underwritten by the Ceding Company in accordance with its underwriting guidelines, standards and procedures for exchanges and replacements. If the Ceding Company's guidelines treat the policy as new business, then the reinsurance will also be considered new business. For purposes of this Article, new business is defined as those policies on which:
Appears in 9 contracts
Samples: Reinsurance Agreement (Ameritas Variable Separate Account V), Automatic Self Administered Yrt Reinsurance Agreement (American National Variable Life Separate Account), Yrt Reinsurance Agreement (American National Variable Life Separate Account)
Exchanges and Replacements. A policy resulting from an internal exchange or replacement will be underwritten by the Ceding Company in accordance with its underwriting guidelines, standards and procedures for exchanges and replacements. If the Ceding Company's ’s guidelines treat the policy as new business, then the reinsurance will also be considered new business. For purposes of this Article, new business is defined as those policies on which:
Appears in 9 contracts
Samples: Yearly Renewable Term Reinsurance Agreement (American National Variable Life Separate Account), Yearly Renewable Term Reinsurance Agreement (American National Variable Life Separate Account), Renewable Term Reinsurance Agreement (American National Variable Life Separate Account)
Exchanges and Replacements. A policy resulting from an internal exchange or replacement will be underwritten by the Ceding Company in accordance with its underwriting guidelines, standards and procedures for exchanges and replacements. If the Ceding Company's ’s guidelines treat the policy as new business, then the reinsurance will also be considered new business. For purposes of this Article, new business is defined as those policies on which:
Appears in 4 contracts
Samples: Reinsurance Agreement (Penn Mutual Variable Life Account I), Automatic Yearly Renewable Term Reinsurance Agreement (Symetra Separate Account Sl), Automatic Yearly Renewable Term (COLI VUL-4 Series Account of First Great-West Life & Annuity Insurance CO)
Exchanges and Replacements. A policy resulting from an internal exchange or replacement will be underwritten by the Ceding Company in accordance with its underwriting guidelines, standards and procedures for exchanges and replacements. If the Ceding Company's guidelines treat the policy as new business, then the reinsurance will also be considered new business. For purposes of this Article, new business is defined as those policies on which:
Appears in 3 contracts
Samples: Automatic Yearly Renewable Term Reinsurance Agreement (Symetra Separate Account Sl), Automatic Yearly Renewable Term Reinsurance Agreement (Symetra Separate Account Sl), Ge Life & Annuity Assurance Co Ii
Exchanges and Replacements. A policy resulting from an internal exchange or replacement will be underwritten by the Ceding Company Company, through the Administrator, in accordance with its underwriting guidelines, standards and procedures for exchanges and replacements. If the Ceding Company's ’s guidelines treat the policy as new business, then the reinsurance will also be considered new business. For purposes of this Article, new business is defined as those policies on which:
Appears in 2 contracts
Samples: Benefit Payments Procedure (First Trinity Financial CORP), Benefit Payments Procedure (First Trinity Financial CORP)
Exchanges and Replacements. A policy Policy resulting from an internal exchange or replacement will be underwritten by the Ceding Company in accordance with its underwriting guidelines, standards Underwriting Guidelines and procedures for exchanges and replacementsCER Guidelines. If the Ceding Company's guidelines ’s CER Guidelines treat the policy Policy as new businessNew Business, then the reinsurance will also be considered new business. For purposes of this Article, new business is defined as those policies on which:New Business if the Policy meets the requirements for New Business set forth in Section
Appears in 1 contract
Samples: Reinsurance Agreement (Ameritas Variable Separate Account V)
