Nonforfeiture Reinsurance Termination. If the Ceding Company reinstates a policy that is reinsured while under an extended term or reduced paid-up nonforfeiture option, then reinsurance under such nonforfeiture option will terminate upon policy reinstatement.
Appears in 13 contracts
Samples: Automatic and Facultative Monthly Renewable Term Reinsurance Agreement (Hartford Life Insurance Co Separate Account Vl Ii), Automatic and Facultative Monthly Renewable Term Reinsurance Agreement (Separate Account Vl I of Hartford Life Insurance Co), Renewable Term Reinsurance Agreement (Hartford Life Insurance Co Separate Account Vl Ii)
Nonforfeiture Reinsurance Termination. If the Ceding Company reinstates has been requested to reinstate a policy that is was reinsured while under an on extended term or reduced paid-up nonforfeiture optionup, then such reinsurance under such nonforfeiture option will terminate upon policy reinstatementand either automatic or facultative reinstatement procedures will be followed as outlined above in this Article.
Appears in 10 contracts
Samples: Reinsurance Agreement Effective December (Hartford Life & Annuity Ins Co Separate Acount Vlii), Reinsurance Agreement (Hartford Life & Annuity Insurance Co Sep Account Vl I), Reinsurance Agreement (Separate Account Vl I of Hartford Life Insurance Co)
Nonforfeiture Reinsurance Termination. If the Ceding Company reinstates has been requested to reinstate a policy that is was reinsured while under an on extended term or reduced paid-up nonforfeiture optionup, then such reinsurance under such nonforfeiture option will terminate upon policy reinstatementand automatic reinstatement procedures will be followed as outlined above in this Article.
Appears in 7 contracts
Samples: Reinsurance Agreement (Separate Account Vl I of Hartford Life Insurance Co), Automatic and Facultative Yearly Renewable Term Reinsurance Agreement (Hartford Life & Annuity Insurance Co Sep Account Vl I), Reinsurance Agreement (Hartford Life & Annuity Insurance Co Sep Account Vl I)
