Risk Classification Changes. If the policyholder requests a substandard table rating reduction or removal of a Flat Extra, such change will be underwritten in accordance with the underwriting guidelines, practices, and procedures for risk selection conveyed to the Reinsurer prior to or at the time of pricing, or any Material Changes consented to in writing by the Reinsurer, which are still in use on the coverage commencement date. Such changes on Facultative policies will be subject to the Reinsurer's approval.
Appears in 2 contracts
Sources: Reinsurance Agreement (Ameritas Variable Separate Account V), Reinsurance Agreement (Ameritas Life Insurance Corp Separate Account LLVL)
Risk Classification Changes. If the policyholder requests a substandard table rating reduction or removal of a Flat Extraflat extra, such change will be underwritten in accordance with the underwriting guidelines, practices, and procedures for risk selection conveyed to identified by the Reinsurer prior to or at Ceding Company in the time of pricingquestionnaire titled “Underwriting Guidelines, or Practices and Procedures” and any Material Changes consented to in writing by the Reinsurer, which are still in use on the coverage commencement date. Such Risk classification changes on Facultative policies will be subject to the Reinsurer's ’s approval.
Appears in 2 contracts
Sources: Reinsurance Agreement (Farmers Variable Life Separate Account A), Reinsurance Agreement (Farmers Variable Life Separate Account A)
Risk Classification Changes. If the policyholder requests a substandard table rating reduction or removal of a Flat Extra, such change will be underwritten in accordance with the underwriting guidelines, practices, and procedures for risk selection conveyed to the Reinsurer prior to or at the time of pricing, or any Material Changes consented to in writing by the Reinsurer, which are still in use on the coverage commencement date. Such changes on Facultative policies will be subject to the Reinsurer's ’s approval.
Appears in 1 contract
Sources: Reinsurance Agreement (Penn Mutual Variable Life Account I)
Risk Classification Changes. If the policyholder requests a substandard table rating Table Rating reduction or removal of a Flat Extra, such change will be underwritten in accordance with the underwriting guidelines, practices, and procedures for risk selection conveyed according to the Reinsurer prior to or at the time of pricing, or any Material Changes consented to in writing by the Reinsurer, which are still in use on the coverage commencement dateCeding Company's normal underwriting practices. Such Risk classification changes on Facultative facultative policies will be subject to the ReinsurerREINSURER's approval.
Appears in 1 contract
Sources: Reinsurance Agreement (National Variable Life Insurance Account)
Risk Classification Changes. If the policyholder requests a substandard table rating reduction or removal of a Flat Extraflat extra, such the Ceding Company will underwrite the requested change will be underwritten in accordance with the Ceding Company’s underwriting guidelines, practices, and procedures for risk selection conveyed to the Reinsurer prior to provided or at the time of pricing, or any Material Changes consented to in writing by the Reinsurer, which are still in use on the coverage commencement date. Such changes on Facultative policies will be subject made available to the Reinsurer's approval.
Appears in 1 contract
Sources: Reinsurance Agreement (Farmers Variable Life Separate Account A)
Risk Classification Changes. If the policyholder requests a substandard table rating reduction or removal of a Flat Extraflat extra, such change will be underwritten in accordance with the Ceding Company’s underwriting guidelines, practices, practices and procedures for risk selection conveyed to the Reinsurer prior to or at the time of pricing, or any Material Changes consented to in writing by the Reinsurer, which are still in use on the coverage commencement date. Such changes on Facultative policies will be subject to the Reinsurer's approvalselection.
Appears in 1 contract
Sources: Reinsurance Agreement (COLI VUL-4 Series Account of First Great-West Life & Annuity Insurance CO)
Risk Classification Changes. If the policyholder requests a substandard table rating reduction or removal of a Flat Extraflat extra, such change will shall be underwritten in accordance with the underwriting guidelines, practices, and procedures for risk selection conveyed according to the Reinsurer prior to or at the time of pricing, or any Material Changes consented to in writing by the Reinsurer, which are still in use Company's normal underwriting practices. Risk classification on the coverage commencement date. Such changes on Facultative facultative policies will shall be subject to the Reinsurer's approval.
Appears in 1 contract
Risk Classification Changes. If the policyholder requests a substandard table rating Table Rating reduction or removal of a Flat Extra, such change will be underwritten in accordance with the underwriting guidelines, practices, and procedures for risk selection conveyed according to the Reinsurer prior to or at the time of pricing, or any Material Changes consented to in writing by the Reinsurer, which are still in use on the coverage commencement dateCeding Company’s normal underwriting practices. Such Risk classification changes on Facultative facultative policies will be subject to the Reinsurer's ’s approval.
Appears in 1 contract
Sources: Reinsurance Agreement (American National Variable Life Separate Account)