Common use of PRE-ISSUE COVERAGE Clause in Contracts

PRE-ISSUE COVERAGE. The Reinsurer will not be liable for benefits paid under the Ceding Company’s conditional receipt or temporary insurance agreement unless all the conditions for automatic reinsurance coverage under Article 2.2 of this Agreement are met. The Reinsurer’s liability under the Ceding Company’s conditional receipt or temporary insurance agreement is limited to the lesser of i. or ii. below: i. The Reinsurer’s share of the Automatic Binding Limits shown in Section 4 of Schedule A. ii. The amount for which the Ceding Company is liable, less the amount the Ceding Company retained pursuant to Section 3 of Schedule A. The pre-issue liability applies only once on any given life regardless of how many receipts were issued or initial premiums were accepted by the Ceding Company. After a policy has been issued, no reinsurance benefits are payable under this pre-issue coverage provision. In the event that the Ceding Company’s rules with respect to cash handling and the issuance of conditional receipt or temporary insurance are not followed, the Reinsurer will participate in the liability if the conditions for automatic reinsurance are met and the Ceding Company does not knowingly allow such rules to be violated or condone such a practice. Such liability shall be limited to the lesser of i or ii above. As in all cases, the provisions of Article 11 shall apply to such a claim.

PRE-ISSUE COVERAGE. The Reinsurer will not be liable for benefits paid under the Ceding Company’s 's conditional receipt or temporary insurance agreement unless all the conditions for automatic reinsurance coverage under Article 2.2 3 of this Agreement are met. The Reinsurer’s 's liability under the Ceding Company’s 's conditional receipt or temporary insurance agreement is limited to the lesser of i. or ii. below: i. The Reinsurer’s 's share of the Reinsurers' Automatic Binding Limits shown in Section 4 of Schedule A. ii. The amount for which the Ceding Company is liable, less the amount the Ceding Company retained pursuant to Section 3 2.a. of Schedule A. A, less any amount of reinsurance with other reinsurers. The pre-issue liability applies only once on any given life regardless of how many receipts were issued or initial premiums were accepted by the Ceding Company. After a policy has been issued, no reinsurance benefits are payable under this pre-issue coverage provision. In the event that the Ceding Company’s 's rules with respect to cash handling and the issuance of conditional receipt or temporary insurance are not followed, the Reinsurer will participate in the liability if the conditions for automatic reinsurance are met and the Ceding Company does not knowingly allow such rules to be violated or condone such a practice. Such liability shall be limited to the lesser of i or ii above. As in all cases, the provisions of Article 11 shall 14 apply to such a claim.

PRE-ISSUE COVERAGE. The Reinsurer will not be liable for benefits paid under the Ceding Company’s 's conditional receipt or temporary insurance agreement unless all the conditions for automatic reinsurance coverage under Article 2.2 Section 3 of this Agreement are met. The Reinsurer’s 's liability under the Ceding Company’s 's conditional receipt or temporary insurance agreement is limited to the lesser of i. or ii. below: i. The Reinsurer’s share of Automatic Acceptance Limits with the Automatic Binding Limits Reinsurer shown in Section 4 of Schedule A. ii. The amount for which the Ceding Company is liable, less the its retention shown in Schedule A, less any amount the Ceding Company retained pursuant to Section 3 of Schedule A. reinsurance with other reinsurers. The pre-issue liability applies only once on any given life regardless of how many receipts were issued or initial premiums were accepted by the Ceding Company. After a policy has been issued, no reinsurance benefits are payable under this pre-issue preissue coverage provision. In the event that the Ceding Company’s 's rules with respect to cash handling and the issuance of conditional receipt or temporary insurance are not followed, the Reinsurer will participate in the liability if the conditions for automatic reinsurance are met and the Ceding Company does not knowingly allow such rules to be violated or condone such a practice. Such liability shall be limited to the lesser of i or ii above. As in all cases, the provisions of Article 11 shall Section 14 apply to such a claim.

PRE-ISSUE COVERAGE. The Reinsurer will not be liable for benefits paid under the Ceding Company’s conditional receipt or temporary insurance agreement unless all the conditions for automatic reinsurance coverage under Article 2.2 3 of this Agreement are met. The Reinsurer’s liability under the Ceding Company’s conditional receipt or temporary insurance agreement is limited to the lesser of i. or ii. below: i. The Reinsurer’s share of the Reinsurers’ Automatic Binding Acceptance Limits shown in Section 4 of Schedule A. ii. The amount for which the Ceding Company is liable, less the amount the Ceding Company retained pursuant to Section 3 of Schedule A. A, less any amount of reinsurance with other reinsurers. The pre-issue liability applies only once on any given life regardless of how many receipts were issued or initial premiums were accepted by the Ceding Company. After a policy has been issued, no reinsurance benefits are payable under this pre-issue coverage provision. In the event that the Ceding Company’s rules with respect to cash handling and the issuance of conditional receipt or temporary insurance are not followed, the Reinsurer will participate in the liability if the conditions for automatic reinsurance are met and the Ceding Company does not knowingly allow such rules to be violated or condone such a practice. Such liability shall be limited to the lesser of i or ii above. As in all cases, the provisions of Article 11 shall 14 apply to such a claim.

PRE-ISSUE COVERAGE. The Reinsurer will not be liable for benefits paid under the Ceding Company’s 's conditional receipt or temporary insurance agreement unless all the conditions for automatic reinsurance coverage under Article 2.2 3 of this Agreement are met. The Reinsurer’s 's liability under the Ceding Company’s 's conditional receipt or temporary insurance agreement is limited to the lesser of i. or ii. below: i. The Reinsurer’s share of Automatic Acceptance Limits with the Automatic Binding Limits Reinsurer shown in Section 4 of Schedule A. ii. The amount for which the Ceding Company is liable, less the amount the Ceding Company retained pursuant to Section 3 2 of Schedule A. A, less any amount of reinsurance with other reinsurers. The pre-issue liability applies only once on any given life regardless of how many receipts were issued or initial premiums were accepted by the Ceding Company. After a policy has been issued, no reinsurance benefits are payable under this pre-issue coverage provision. In the event that the Ceding Company’s 's rules with respect to cash handling and the issuance of conditional receipt or temporary insurance are not followed, the Reinsurer will participate in the liability if the conditions for automatic reinsurance are met and the Ceding Company does not knowingly allow such rules to be violated or condone such a practice. Such liability shall be limited to the lesser of i or ii above. As in all cases, the provisions of Article 11 shall 14 apply to such a claim.

PRE-ISSUE COVERAGE. The Reinsurer REINSURER will not be liable for benefits paid under the Ceding Company’s CEDING COMPANY's conditional receipt or temporary insurance agreement unless all the conditions for automatic reinsurance coverage under Article 2.2 Section 3 of this Agreement are met. The Reinsurer’s REINSURER's liability under the Ceding Company’s CEDING COMPANY's conditional receipt or temporary insurance agreement is limited equal to REINSURER's Automatic Reinsurance Share of the lesser of i. or ii. below: i. The Reinsurer’s share of the Automatic Binding Limits shown Acceptance Limits, defined in Section 4 of Schedule A.A, Paragraph 4. ii. The amount for which the Ceding Company CEDING COMPANY is liable, less the amount the Ceding Company retained pursuant to Section 3 of Schedule A. . The pre-issue liability applies only once on any given life regardless of how many receipts were issued or initial premiums were accepted by the Ceding CompanyCEDING COMPANY. After a policy has been issued, no reinsurance benefits are payable under this pre-issue coverage provision. In the event that the Ceding Company’s CEDING COMPANY's rules with respect to cash handling and the issuance of conditional receipt or temporary insurance are not followed, the Reinsurer REINSURER will participate in the pre-issue contract liability if the conditions for automatic reinsurance are met and the Ceding Company CEDING COMPANY does not knowingly allow such rules to be violated or condone such a practice. Such liability shall be limited to the lesser of i i. or ii ii. above. As in all cases, the provisions of Article 11 shall Section 14 apply to such a claim.

PRE-ISSUE COVERAGE. The Reinsurer will not be liable for benefits paid under the Ceding Company’s conditional 's Conditional receipt or temporary insurance agreement unless all the conditions for automatic reinsurance coverage under Article 2.2 3 of this Agreement are met. The Reinsurer’s 's liability under the Ceding Company’s 's conditional receipt or temporary insurance agreement is limited to the lesser of i. or ii. below: i. The Reinsurer’s share of the 's Automatic Binding Acceptance Limits as shown in Section 4 of Schedule A. ii. The amount for which the Ceding Company is liable, liable less the amount the Ceding Company retained pursuant to Section 3 2.a of Schedule A. A, less any amount of reinsurance with other reinsurers. The pre-issue liability applies only once on any given life regardless of how many receipts were issued or initial premiums were accepted by the Ceding Company. After a policy has been issued, no reinsurance benefits are payable under this pre-issue coverage provision. In the event that the Ceding Company’s 's rules with respect to cash handling and the issuance of conditional receipt or temporary insurance are not followed, the Reinsurer will participate in the liability if the conditions for automatic reinsurance are met and the Ceding Company does not knowingly allow such rules to be violated or condone such a practice. Such liability shall will be limited to the lesser of i or ii above. As in all cases, the provisions of Article 11 shall 13 apply to such a claim.