Common use of Mortality Rating Changes Clause in Contracts

Mortality Rating Changes. If the Ceding Company wishes to reduce the mortality rating or otherwise improve the risk class, the Reinsurer shall accept this change if the change qualifies under the underwriting practices and guidelines described in Schedules C, D, or E, as applicable.

Appears in 4 contracts

Samples: Renewable Term Reinsurance Agreement (Hartford Life & Annuity Ins Co Separate Acount Vlii), Yearly Renewable Term Reinsurance Agreement (Hartford Life & Annuity Insurance Co Sep Account Vl I), Renewable Term Reinsurance Agreement (Separate Account Vl I of Hartford Life Insurance Co)

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Mortality Rating Changes. If On Facultative Reinsurance, if the Ceding Company wishes to reduce the mortality rating or otherwise improve the risk class, such change shall be subject to the Reinsurer's approval. On Automatic Reinsurance, the Reinsurer shall accept this change if the change qualifies under the underwriting practices and guidelines described in the Ceding Company's standard practices and guidelines and Schedules C, C or D, or E, as applicable.

Appears in 1 contract

Samples: Automatic and Facultative Monthly Renewable Term Reinsurance Agreement (Hartford Life Insurance Co Separate Account Vl Ii)

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