MINIMUM CESSION. The Ceding Company will not cede a policy to the Reinsurer unless the amount to be reinsured at issue exceeds the Initial Minimum Cession amount shown in Exhibit B. Reinsurance will be cancelled on any policy when its reinsured net amount at risk falls below the Trivial Amount limit shown in Exhibit B.
Appears in 9 contracts
Samples: Yearly Renewable Term Reinsurance Agreement (American National Variable Life Separate Account), Yearly Renewable Term Reinsurance Agreement (American National Variable Life Separate Account), Yrt Reinsurance Agreement (American National Variable Life Separate Account)
MINIMUM CESSION. The Ceding Company will not cede a policy to the Reinsurer REINSURER unless the amount to be reinsured at issue exceeds the Initial Minimum Cession amount shown in Exhibit B. Reinsurance will be cancelled on any policy when its reinsured net amount at risk falls below the Trivial Amount limit shown in Exhibit B.
Appears in 1 contract
Samples: Automatic Yrt Reinsurance Agreement (National Variable Life Insurance Account)
