Common use of Limited Retention Clause in Contracts

Limited Retention. When the Company retains for its own account less than its regular maximum limit of retention for the risk, the automatic coverage shall be for an amount equal to the amount retained by the Company on the current application. Exceptions to Automatic Coverage

Appears in 2 contracts

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