QUOTA SHARE REINSURANCE AGREEMENT between STANDARD SECURITY LIFE INSURANCE COMPANY OF NEW YORK New York, New York (herein referred to as the "Company") and INDEPENDENCE AMERICAN INSURANCE COMPANY a Delaware corporation (herein referred to as the...Quota Share • May 9th, 2014 • American Independence Corp • Accident & health insurance
QUOTA SHARE REINSURANCE AGREEMENT between MADISON NATIONAL LIFE INSURANCE COMPANY, INC. Madison, Wisconsin (herein referred to as the "Company") and INDEPENDENCE AMERICAN INSURANCE COMPANY a Delaware corporation (herein referred to as the "Reinsurer")Quota Share • January 7th, 2011 • American Independence Corp • Accident & health insurance
In the event of non-payment of Reinsurance Premiums due under this Exhibit, the Reinsurer shall have the right to terminate reinsurance under this Exhibit. If the Reinsurer elects to exercise its right of termination under such conditions, i.e., for nonpayment of premiums only, the Reinsurer shall give the Company 30 days' prior written notice by certified or registered mail of its intention to terminate such reinsurance. If all Reinsurance Premiums in arrears, including any which may become due during the 30 day period are not received by the Reinsurer before the expiration of such period, this Exhibit will be considered terminated on the date for which premiums were last paid, and the liability of the Reinsurer shall cease with respect to losses occurring after such date.
