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Common use of Experience Refund Clause in Contracts

Experience Refund. Reinsurance under this Agreement is not eligible for an Experience Refund.

Appears in 5 contracts

Sources: Pool Reinsurance Agreement (PHL Variable Accumulation Account), Novation Agreement (Nassau Life Variable Universal Life Account), Pool Reinsurance Agreement (Nassau Life Variable Accumulation Account)

Experience Refund. Reinsurance under this Agreement is will not be eligible for an Experience Refund.

Appears in 3 contracts

Sources: Pool Reinsurance Agreement (Nassau Life Variable Accumulation Account), Pool Reinsurance Agreement (Nassau Life Variable Universal Life Account), Pool Reinsurance Agreement (PHL Variable Accumulation Account)

Experience Refund. Reinsurance ceded under this Agreement is shall not be eligible for an Experience Refund.

Appears in 2 contracts

Sources: Reinsurance Agreement (Colonial Separate Account D), Reinsurance Agreement (Chubb Separate Account C)

Related Clauses

  • Experience Credit
  • Experience Pay
  • Experience of the Purchaser
  • Night Shift Differential
  • Prior Disaster Relief Contract Violation

Parent Clauses

  • Reinsurance Rates and Payments
  • Experience Refund
  • Severability
  • Reinsurance Premium Rates and Payments
  • Duration of the Agreement

Sub-Clauses

  • GENERAL
  • TRIAL EXPERIENCE REFUND
  • PERIOD
  • Extended Term and Reduced Paid-Up Insurance
  • Misstatement of Age or Sex
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