Common use of REQUIREMENTS FOR FACULTATIVE REINSURANCE Clause in Contracts

REQUIREMENTS FOR FACULTATIVE REINSURANCE. 1. If the requirements for Automatic Reinsurance are met, but the Ceding Company prefers to apply for Facultative Reinsurance with the Reinsurer, or if the requirements for Automatic Reinsurance are not met and the Ceding Company applies for Facultative Reinsurance with the Reinsurer, then the Ceding Company must submit to the Reinsurer all the papers, facsimiles, or sufficient evidence agreed upon between the Ceding Company and the Reinsurer relating to the insurability of the individual life for Facultative Reinsurance.

Appears in 12 contracts

Samples: Reinsurance Agreement Effective December (Hartford Life & Annuity Ins Co Separate Acount Vlii), Reinsurance Agreement Effective December (Hartford Life & Annuity Insurance Co Sep Account Vl I), Reinsurance Agreement Effective December (Hartford Life Insurance Co Separate Account Vl Ii)

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REQUIREMENTS FOR FACULTATIVE REINSURANCE. 1. If the requirements for Automatic Reinsurance automatic reinsurance are met, but the Ceding Company prefers to apply for Facultative Reinsurance facultative reinsurance with the Reinsurer, or if the requirements for Automatic Reinsurance automatic reinsurance are not met and the Ceding Company applies for Facultative Reinsurance facultative reinsurance with the Reinsurer, then the Ceding Company must submit to the Reinsurer all the papers, facsimiles, or sufficient evidence agreed upon between the Ceding Company and the Reinsurer papers relating to the insurability of the individual life risk for Facultative Reinsurancefacultative reinsurance.

Appears in 9 contracts

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

REQUIREMENTS FOR FACULTATIVE REINSURANCE. 1. If the requirements for Automatic Reinsurance automatic reinsurance are met, but the Ceding Company prefers to apply for Facultative Reinsurance facultative reinsurance with the Reinsurer, or if the requirements for Automatic Reinsurance automatic reinsurance are not met and the Ceding Company applies for Facultative Reinsurance facultative reinsurance with the Reinsurer, then the Ceding Company must submit to the Reinsurer all the papers, facsimiles, or sufficient evidence agreed upon between the Ceding Company and the Reinsurer papers relating to the insurability of the individual each life for Facultative Reinsurancefacultative reinsurance.

Appears in 5 contracts

Samples: Automatic Yearly Renewable Term (Itt Hartford Life & Annuity Insurance Co Separate Acct Vl Ii), Automatic Yearly Renewable Term (Hartford Life Insurance Co), Automatic Yearly Renewable Term (Itt Hartford Life & Annuity Insurance Co Sep Account Vl I)

REQUIREMENTS FOR FACULTATIVE REINSURANCE. 1. If the requirements for Automatic Reinsurance are met, but the Ceding Company prefers to apply for Facultative Reinsurance with the Reinsurer, or if the requirements for Automatic Reinsurance are not met and the Ceding Company applies for Facultative Reinsurance with the Reinsurer, then the Ceding Company must submit to the Reinsurer all the papers, facsimiles, or sufficient evidence agreed upon between the Ceding Company and the Reinsurer relating to the insurability of the individual each life for Facultative Reinsurance.

Appears in 2 contracts

Samples: Automatic and Facultative Yearly Renewable Term Reinsurance Agreement (Hartford Life & Annuity Ins Co Separate Acount Vlii), Automatic and Facultative Yearly Renewable Term Reinsurance Agreement (Hartford Life Insurance Co Separate Account Vl Ii)

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REQUIREMENTS FOR FACULTATIVE REINSURANCE. 1. If the requirements for Automatic Reinsurance are met, but the Ceding Company prefers to apply for Facultative Reinsurance with the Reinsurer, or if the requirements for Automatic Reinsurance are not met and the Ceding Company applies for Facultative Reinsurance with the Reinsurer, then prior to issue the Ceding Company must submit to the Reinsurer all the papersdocuments, facsimiles, or sufficient evidence agreed upon between the Ceding Company and the Reinsurer relating to the insurability of the individual each life for Facultative Reinsurance.

Appears in 1 contract

Samples: Automatic and Facultative Yearly Renewable Term Reinsurance Agreement (Hartford Life & Annuity Ins Co Separate Acount Vlii)

REQUIREMENTS FOR FACULTATIVE REINSURANCE. 1. If the requirements for Automatic Reinsurance are met, but the Ceding Company company prefers to apply for Facultative Reinsurance with the Reinsurer, or if the requirements for Automatic Reinsurance are not met and the Ceding Company applies for Facultative Reinsurance with the Reinsurer, then the Ceding Company must submit to the Reinsurer all the papers, facsimiles, or sufficient evidence agreed upon between the Ceding Company and the Reinsurer relating to the insurability of the individual life for Facultative Reinsurance.

Appears in 1 contract

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

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