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 identified by the Ceding Company in the questionnaire titled “Underwriting Guidelines, Practices and Procedures” and any Material Changes consented to in writing by the Reinsurer. Risk classification changes on Facultative policies will be subject to the Reinsurer’s approval.
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Samples: Yrt Reinsurance Agreement (Farmers Variable Life Separate Account A), Yrt Reinsurance Agreement (Farmers Variable Life Separate Account A)
Risk Classification Changes. If the a policyholder requests a substandard table rating 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 identified by according to the Ceding Company in the questionnaire titled “Company's Underwriting Guidelines, Practices and Procedures” and any Material Changes consented to in writing by the Reinsurer. Risk classification changes on Facultative facultative policies will be subject to the Reinsurer’s 's approval.
Appears in 2 contracts
Samples: Automatic and Facultative Yearly Renewable Term Reinsurance Agreement (Tiaa-Cref Life Separate Account Vli-1), Term 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 underwriting guidelines, practices, and procedures for risk selection identified by conveyed to the Ceding Company in Reinsurer prior to or at the questionnaire titled “Underwriting Guidelinestime of pricing, Practices and Procedures” and or any Material Changes consented to in writing by the Reinsurer, which are still in use on the coverage commencement date. Risk classification Such changes on Facultative policies will be subject to the Reinsurer’s 's approval.
Appears in 2 contracts
Samples: 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 extra, such change will be underwritten in accordance with the underwriting guidelines, practices, and procedures for risk selection identified by the Ceding Company in the questionnaire titled “"Underwriting Guidelines, Practices and Procedures” " and any Material Changes consented to in writing by the Reinsurer. Risk classification changes on Facultative policies will be subject to the Reinsurer’s 's approval.
Appears in 2 contracts
Samples: Reinsurance Agreement (Ameritas Variable Separate Account V), Reinsurance Agreement (Nationwide VLI Separate Account-7)
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 identified by conveyed to the Ceding Company in Reinsurer prior to or at the questionnaire titled “Underwriting Guidelinestime of pricing, Practices and Procedures” and or any Material Changes consented to in writing by the Reinsurer, which are still in use on the coverage commencement date. Risk classification Such changes on Facultative policies will be subject to the Reinsurer’s approval.
Appears in 1 contract
Samples: 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 extraFlat Extra, such change will be underwritten in accordance with the underwriting guidelines, practices, and procedures for risk selection identified by according to the Ceding Company in the questionnaire titled “Underwriting Guidelines, Practices and Procedures” and any Material Changes consented to in writing by the ReinsurerCompany’s normal underwriting practices. Risk classification changes on Facultative facultative policies will be subject to the Reinsurer’s approval.
Appears in 1 contract
Samples: Yrt Reinsurance Agreement (American National Variable Life Separate Account)
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 Ceding Company’s underwriting guidelines, practices, practices and procedures for risk selection identified by the Ceding Company in the questionnaire titled “Underwriting Guidelines, Practices and Procedures” and any Material Changes consented to in writing by the Reinsurer. Risk classification changes on Facultative policies will be subject to the Reinsurer’s approvalselection.
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Risk Classification Changes. If the policyholder requests a substandard table rating reduction or removal of a flat extra, such change will shall be underwritten in accordance with according to the Company's normal underwriting guidelines, practices, and procedures for risk selection identified by the Ceding Company in the questionnaire titled “Underwriting Guidelines, Practices and Procedures” and any Material Changes consented to in writing by the Reinsurer. Risk classification changes on Facultative facultative policies will shall be subject to the Reinsurer’s 's approval.. U169-100-000
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