Reinsurance Limits. The Company will not submit a policy to the Reinsurer unless the amount of reinsurance on the policy equals or exceeds the Minimum Initial Reinsurance Limit ceded to the Reinsurer as specified in Exhibit C. A Reinsured Policy will no longer be reinsured when its reinsured Net Amount at Risk (as defined in Exhibit C-1) is less than the Minimum Final Reinsurance Limit ceded to the Reinsurer as specified in Exhibit C. 1414849US-12 (11-01-2011) QT#04028US11 (COLI & BXXx)
Appears in 2 contracts
Samples: Nationwide Vli Separate Account 4, Nationwide Vli Separate Account 4
Reinsurance Limits. The Company will not submit a policy to the Reinsurer unless the amount of reinsurance on the policy equals or exceeds the Minimum Initial Reinsurance Limit ceded to the Reinsurer as specified in Exhibit C. A Reinsured Policy will no longer be reinsured when its reinsured Net Amount at Risk (as defined in Exhibit C-1) is less than the Minimum Final Reinsurance Limit ceded to the Reinsurer as specified in Exhibit C. 1414849US-12 1414848US-12 (11-01-2011) QT#04028US11 (COLI & BXXx)
Appears in 2 contracts
Samples: Nationwide Vli Separate Account 4, Nationwide Vli Separate Account 4