Premium Mode. Reinsurance premium mode will follow the premium mode of the underlying policy, with the Reinsurer collecting its proportionate share of policy fees and modal loads.
Appears in 2 contracts
Sources: Reinsurance Agreement (Vericity, Inc.), Reinsurance Agreement (Vericity, Inc.)
Premium Mode. Reinsurance premium mode will follow the premium mode of the underlying policy, with the Reinsurer collecting its proportionate share of policy fees and modal loads.
Appears in 1 contract