Common use of Method of Recapture Clause in Contracts

Method of Recapture. We will give you written notice of our intention to recapture with the statement of account following the effective date of the increase in our retention limits. If we elect to recapture at a later date, we will give you additional written notice before we begin the recapture.

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)