Common use of Facultative Cessions Clause in Contracts

Facultative Cessions. For facultative policies, the Reinsurer's share will be determined on a case-by-case basis, subject to the terms of the Reinsurer's facultative offer.

Appears in 2 contracts

Sources: Automatic Yrt Reinsurance Agreement (Ids Life of New York Account 8), Automatic Yrt Reinsurance Agreement (Ids Life Variable Life Separate Account)