Risk classification definition
Examples of Risk classification in a sentence
Risk classification changes on facultative policies will be subject to the Reinsurer's approval.
Risk classification changes on facultative policies shall be subject to the Reinsurer's approval.
Risk classification changes on Policies reinsured on a facultative basis will be subject to the Reinsurer’s prior written approval.
Risk classification changes on facultative policies will be subject to MARC’s approval.
Risk classification changes on facultative policies will be subject to the Reinsurer’s approval.
Risk classification changes on facultatively reinsured policies will be subject to the Reinsurer’s approval.
If a policyholder requests a Table Rating reduction or removal of a Flat Extra, such change will be underwritten according to the Ceding Company’s Underwriting Guidelines as set forth in Exhibit A.1. Risk classification changes on facultative policies will be subject to the Reinsurer’s approval.
Risk classification changes on facultative Policies will be subject to Munich Re, U.S. (Life)’s prior written approval.
Risk classification changes on facultative Policies shall be subject to the Reinsurer’s or facultative underwriting Designee’s approval.
Risk classification changes on Facultative policies will be subject to the Reinsurer’s approval.