Common use of LOANS AND DIVIDENDS Clause in Contracts

LOANS AND DIVIDENDS. The Reinsurer shall not be liable for dividend payments nor participate in policy loans.

Appears in 4 contracts

Samples: Reinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account A), Reinsurance Agreement (John Hancock Life Insurance Co of New York Separate Account B), Reinsurance Agreement (John Hancock Life Insurance Co of New York Separate Account B)

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LOANS AND DIVIDENDS. The Reinsurer shall not participate in policy loans nor be liable for any dividend payments nor participate in policy loanspayments.

Appears in 4 contracts

Samples: Reinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account A), Reinsurance Agreement (John Hancock Life Insurance Co of New York Separate Account B), Reinsurance Agreement (John Hancock Life Insurance Co of New York Separate Account B)

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