Common use of MISSTATEMENT OF AGE OR SEX Clause in Contracts

MISSTATEMENT OF AGE OR SEX. If the amount of insurance provided by the policy or policies reinsured under this Agreement is increased or reduced because of misstatement of age or sex established after the death of the insured, the Reinsurer will share with the Ceding Company in this increase or reduction.

Appears in 20 contracts

Samples: Reinsurance Agreement (Hartford Life & Annuity Insurance Co Sep Account Vl I), Reinsurance Agreement (Separate Account Vl I of Hartford Life Insurance Co), Reinsurance Agreement (Hartford Life & Annuity Insurance Co Sep Account Vl I)

AutoNDA by SimpleDocs

MISSTATEMENT OF AGE OR SEX. If the amount of insurance provided by the policy or policies reinsured under this Agreement is increased or reduced because of misstatement of age or sex established after the death of the insured, the Reinsurer will share with the Ceding Company in this increase or reduction. The face amount of the reinsured policy will be adjusted from the inception of the policy, and any difference will be settled without interest.

Appears in 2 contracts

Samples: Yearly Renewable Term Reinsurance Agreement (Hartford Life & Annuity Insurance Co Sep Account Vl I), Yearly Renewable Term Reinsurance Agreement (Hartford Life & Annuity Insurance Co Sep Account Vl I)

MISSTATEMENT OF AGE OR SEX. If the amount of insurance provided by the policy or policies reinsured under this Agreement is increased or reduced because of misstatement of age or sex established after the death of the last insured, the Reinsurer will share with the Ceding Company in this increase or reduction.

Appears in 2 contracts

Samples: Automatic and Facultative Yearly Renewable Term Reinsurance Agreement (Hartford Life Insurance Co Separate Account Vl Ii), Automatic and Facultative Yearly Renewable Term Reinsurance Agreement (Hartford Life & Annuity Ins Co Separate Acount Vlii)

AutoNDA by SimpleDocs

MISSTATEMENT OF AGE OR SEX. If the amount of insurance provided by the policy or policies reinsured under this Agreement is increased or reduced because of misstatement of age or sex established after the death of the insured, the Reinsurer will share with the Ceding Company in this increase or of reduction.

Appears in 1 contract

Samples: Automatic and Facultative Yearly Renewable Term Reinsurance Agreement (Hartford Life Insurance Co Separate Account Vl Ii)

Time is Money Join Law Insider Premium to draft better contracts faster.