Common use of Risk Classification Changes Clause in Contracts

Risk Classification Changes. If the policyholder requests a Table Rating reduction or removal of a Flat Extra, such change will be underwritten according to the Ceding Company’s normal underwriting practices. Risk classification changes on facultative policies will be subject to MARC’s approval.

Appears in 4 contracts

Samples: Tiaa-Cref Life Separate Account Vli-1, Tiaa-Cref Life Separate Account Vli-1, Symetra Separate Account Sl

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Risk Classification Changes. If the a policyholder requests a Table Rating reduction or removal of a Flat Extra, such change will be underwritten according to the Ceding Company’s normal underwriting practices. Underwriting Guidelines as set forth in Exhibit I. Risk classification changes on facultative policies will be subject to MARCthe Reinsurer’s approval.

Appears in 3 contracts

Samples: Yearly Renewable Term Reinsurance Agreement (American National Variable Life Separate Account), Automatic and Facultative Yearly Renewable Term Reinsurance Agreement (National Variable Life Insurance Account), Reinsurance Agreement (Kansas City Life Insurance Co)

Risk Classification Changes. If the a policyholder requests a Table Rating reduction or removal of a Flat Extra, such change will be underwritten according to the Ceding Company’s normal underwriting practicesUnderwriting Guidelines as set forth in Exhibit A.1. Risk classification changes on facultative policies will be subject to MARCthe Reinsurer’s approval.

Appears in 3 contracts

Samples: Yearly Renewable Term (Guardian Separate Account K), Yearly Renewable Term (Guardian Separate Acct N of the Guardian Ins & Annuity Co), Yearly Renewable Term (Guardian Separate Acct N of the Guardian Ins & Annuity Co)

Risk Classification Changes. If the policyholder requests a Table Rating reduction or removal of a Flat Extra, such change will be underwritten according to the Ceding Company’s 's normal underwriting practices. Risk classification changes on facultative policies will be subject to MARC’s the Reinsurer's approval.

Appears in 3 contracts

Samples: Yrt Reinsurance Agreement (Ids Life of New York Account 8), Yrt Reinsurance Agreement (American National Variable Life Separate Account), American National Variable Life Separate Account

Risk Classification Changes. If the policyholder requests a Table Rating reduction or removal of a Flat Extra, such change will be underwritten according to the Ceding Company’s 's normal underwriting practices. Risk classification changes on facultative policies will be subject to MARC’s 's approval.

Appears in 2 contracts

Samples: Reinsurance Agreement (Ameritas Variable Separate Account V), Nationwide VL Separate Account-G

Risk Classification Changes. If the policyholder requests a Table Rating reduction or removal of a Flat Extra, such change will be underwritten according to the Ceding Company’s ’s, through the Administrator, normal underwriting practices. Risk classification changes on facultative policies will be subject to MARCIHLIC’s approval.

Appears in 1 contract

Samples: Benefit Payments Procedure (First Trinity Financial CORP)

Risk Classification Changes. If the policyholder requests a Table Rating reduction or table rating reduction, removal of a Flat Extraflat extra or other risk classification change, the Ceding Company shall underwrite such change will be underwritten according to the Ceding Company’s normal underwriting practicesin compliance with its Underwriting Guidelines. Risk classification changes on facultative policies Policies will be subject to MARC’s prior written approval.

Appears in 1 contract

Samples: Reinsurance Agreement (Ameritas Variable Separate Account V)

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Risk Classification Changes. If the policyholder requests a Table Rating reduction or removal of a Flat Extra, such change will be underwritten according to the Ceding Company’s 's normal underwriting practices. Risk classification changes on facultative policies will be subject to MARC’s REINSURER's approval.

Appears in 1 contract

Samples: Automatic Yrt Reinsurance Agreement (National Variable Life Insurance Account)

Risk Classification Changes. If the policyholder requests a Table Rating reduction or removal of a Flat Extra, such change will be underwritten according to the Ceding Company’s ’s, through the Administrator, normal underwriting practices. Risk classification changes on facultative policies will be subject to MARC’s approval.

Appears in 1 contract

Samples: Benefit Payments Procedure (First Trinity Financial CORP)

Risk Classification Changes. If the policyholder requests a Table Rating reduction or removal of a Flat Extraextra, such change will be underwritten according to the Ceding Company’s 's normal underwriting practices. Risk classification changes on facultative policies will be subject to MARC’s the Reinsurer's approval.

Appears in 1 contract

Samples: Reinsurance Agreement (Nationwide VLI Separate Account-7)

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