Common use of RETENTION OF THE CEDING COMPANY Clause in Contracts

RETENTION OF THE CEDING COMPANY. The type and amount of the Ceding Company's retention on any one life is as shown in Schedule I. In determining the amounts at risk in each case, any additional death benefits on the same life (e.g. additional term insurance or family income benefits) will be taken into account, as will the amounts at risk under any other existing policies, at the time of commencement, of the policy ceded under this Agreement. The Ceding Company may alter its retention in respect of future new business at any time. The Ceding Company will promptly notify the Reinsurer of such alteration and its effective date.

Appears in 4 contracts

Samples: Automatic and Facultative Yrt Reinsurance Agreement (National Variable Life Insurance Account), Automatic and Facultative Yrt Reinsurance Agreement (Canada Life of America Variable Life Account 1), Premium Reinsurance Agreement (Vel Ii Account of Allmerica Financial Life Ins & Ann Co)

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RETENTION OF THE CEDING COMPANY. The type and amount of the Ceding Company's retention on any one life is as shown in Schedule I. II. In determining the amounts at risk in each case, any additional death benefits on the same life (e.g. additional term insurance or family income benefits) will be taken into account, as will the amounts at risk under any other existing policies, at the time of commencement, of the policy ceded under this Agreement. The Ceding Company may alter its retention in respect of future new business at any time. The Ceding Company will promptly notify the Reinsurer of such alteration and its effective date.

Appears in 4 contracts

Samples: Automatic and Facultative Yrt Reinsurance Agreement (Jackson National Separate Account Iv), Automatic and Facultative Yrt Reinsurance Agreement (Jnlny Separate Account Iv), Automatic and Facultative Yrt Reinsurance Agreement (Jnlny Separate Account Iv)

RETENTION OF THE CEDING COMPANY. The type and amount of the Ceding Company's ’s retention on any one life is as shown in Schedule I. In determining the amounts at risk in each case, any additional death benefits on the same life (e.g. additional term insurance or family income benefits) will be taken into account, as will the amounts at risk under any other existing policies, at the time tune of commencement, of the policy ceded under this Agreement. The Ceding Company may alter its retention in respect of future new business at any timetune. The Ceding Company will promptly notify the Reinsurer of such alteration and its effective date.

Appears in 3 contracts

Samples: Coinsurance Reinsurance Agreement (Symetra Financial CORP), Coinsurance Reinsurance Agreement (Symetra Financial CORP), Coinsurance Reinsurance Agreement (Symetra Financial CORP)

RETENTION OF THE CEDING COMPANY. The type and amount of the Ceding Company's ’s retention on any one life is as shown in Schedule I. In determining the amounts at risk in each case, any additional death benefits on the same life (e.g. additional term insurance or family income benefits) will be taken into account, as will the amounts at risk under any other existing policies, at the time of commencement, of the policy ceded under this Agreement. The Ceding Company may alter its retention in respect of future new business at any time. The Ceding Company will promptly notify the Reinsurer of such alteration and its effective date.

Appears in 2 contracts

Samples: Automatic and Facultative Yrt Reinsurance Agreement (Life Investors Variable Life Account A), Risk Premium Reinsurance Agreement (Union Security Insurance Co Variable Account C)

RETENTION OF THE CEDING COMPANY. The type and amount of the Ceding Company's retention on any one life is as shown in Schedule I. II. In determining the all reinsured face amounts at risk in each case, any additional death benefits on the same life (e.g. additional term insurance or family income benefits) will be taken into account, as will the all reinsured face amounts at risk under any other existing policies, at the time of commencement, of the policy ceded under this Agreement. The Ceding Company may alter its retention in respect of future new business at any time. The Ceding Company will promptly notify the Reinsurer of such alteration and its effective date.

Appears in 1 contract

Samples: Automatic and Facultative Coinsurance Reinsurance Agreement (Cuna Mutual Variable Life Insurance Account)

RETENTION OF THE CEDING COMPANY. The type and amount of the Ceding Company's retention on any one life is as shown in Schedule I. In determining the amounts at risk in each case, any additional death benefits on the same life (e.g. additional term insurance or family income benefits) will be taken into account, as will the amounts at risk under any other existing policies, at the time of commencement, . of the policy ceded under this Agreement. The Ceding Company may alter its retention in respect of future new business at any time. The Ceding Company will promptly notify the Reinsurer of such alteration and its effective date.

Appears in 1 contract

Samples: Automatic and Facultative Yrt Reinsurance Agreement (Ameritas Variable Separate Account V)

RETENTION OF THE CEDING COMPANY. The type and amount of the Ceding Company's retention on any one life is as shown in Schedule I. II. In determining the amounts at risk in retention on each case, any additional death benefits on the same life (e.g. additional term insurance or family income benefits) will be taken into account, as will the amounts at risk death benefit under any other policies existing policies, at the time of commencement, commencement of the policy ceded under this Agreement. The Ceding Company may alter change its retention in with respect of to future new business at any time. The Ceding Company will promptly notify the Reinsurer of such alteration change and its effective date.

Appears in 1 contract

Samples: Reinsurance Agreement (Minnesota Life Individual Variable Universal Life Account)

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RETENTION OF THE CEDING COMPANY. The type and amount of the Ceding Company's ’s retention on any one life is as shown in Schedule I. II. In determining the all reinsured face amounts at risk in each case, any additional death benefits on the same life (e.g. additional term insurance or family income benefits) will be taken into account, as will the amounts at risk all reinsured face amount under any other existing policies, at the time of commencement, of the policy ceded under this Agreement. The Ceding Company may alter its retention in respect of future new business at any time. The Ceding Company will promptly notify the Reinsurer of such alteration and its effective date.

Appears in 1 contract

Samples: Reinsurance Agreement (Thrivent Variable Life Account I)

RETENTION OF THE CEDING COMPANY. The type and amount of the Ceding Company's ’s retention on any one life is as shown in Schedule I. II. In determining the amounts at risk in each case, any additional death benefits on the same life (e.g. additional term insurance or family income benefits) will be taken into account, as will the amounts at risk under any other existing policies, at the time of commencement, of the policy ceded under this Agreement. The Ceding Company may alter its retention in respect of future new business at any time. The Ceding Company will promptly notify the Reinsurer of such alteration and its effective date.

Appears in 1 contract

Samples: Automatic and Facultative Yrt Reinsurance Agreement (Farm Bureau Life Variable Account)

RETENTION OF THE CEDING COMPANY. The type and amount of the Ceding Company's retention on any one life is as shown in Schedule I. In determining the amounts at risk in each case, any additional death benefits on the same life (e.g. additional term insurance or family income benefits) will be taken into account, as will the amounts at risk under any other existing policies, at the time of commencement, of the policy ceded under this Agreement. i The Ceding Company may alter its retention in respect of future new business at any time. The Ceding Company will promptly notify the Reinsurer of such alteration and its effective date.

Appears in 1 contract

Samples: Automatic and Facultative Yrt Reinsurance Agreement (Carillon Life Account)

RETENTION OF THE CEDING COMPANY. The type and amount of the Ceding Company's ’s retention on any one life is as shown in Schedule I. In determining the all reinsured face amounts at risk in each case, any additional death benefits on the same life (e.g. e .g. additional term insurance or family income benefits) will be taken into account, as will the all reinsured face amounts at risk under any other existing policies, at the time of commencement, of the policy ceded under this Agreement. The Ceding Company may alter its retention in respect of future new business at any time. The Ceding Company will promptly notify the Reinsurer of such alteration and its effective date.

Appears in 1 contract

Samples: Automatic and Facultative Coinsurance Agreement (Kansas City Life Insurance Co)

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