Plan of Insurance. Broker shall maintain in full force and effect ----------------- during the term of this Agreement a plan of insurance (which may be a plan of self-insurance if agreed to in writing in advance by MLIDC) which shall provide coverage for errors and omissions of Broker and its directors, officers, employees, agents, Agencies and Representatives, in such amounts and scope of coverage as are acceptable to MLIDC in its sole discretion. If requested by MLIDC, Broker shall provide evidence of coverage under an insurance policy, or a plan of self-insurance, satisfactory to MLIDC showing the amount and scope of coverage provided. If such insurance plan terminates for any reason during the term of this Agreement, Broker shall immediately notify MLIDC in writing of such termination and MLIDC shall have the right to immediately terminate this Agreement.
Plan of Insurance. Broker shall maintain in full force and effect during the term of this Agreement a plan of insurance, which may be a plan of self-insurance, which shall provide coverage for errors and omissions of the Broker, an Agency, representatives and agents, including Representatives, in such amounts and scope of coverage as are acceptable to Company in its sole discretion. If such insurance plan terminates for any reason during the term of this Agreement, Broker shall immediately notify Company in writing of such termination. If requested by Company, Broker shall provide evidence of coverage under an insurance policy satisfactory to Company, in its sole discretion, showing the amount and scope of coverage provided.
Plan of Insurance. The life reinsurance shall be on a risk premium basis for the net amount at risk. The waiver of premium benefit shall be on a coinsurance basis in accordance with the provisions of the original forms submitted to The Guardian and issued by the ceding company. The ceding company shall pay The Guardian monthly premiums as described in Exhibit D. The Guardian shall reimburse the ceding company for its share of death and disability claims. The ceding company shall take a reserve credit and The Guardian shall hold a mirror reserve for the benefits covered under this agreement.
Plan of Insurance. Broker shall maintain in full force and effect during the term of this Agreement a plan of insurance (which may be a plan of self-insurance if agreed to in writing in advance by Principal Underwriter) which shall provide coverage for errors and omissions of Broker and its directors, officers, employees, agents, Agencies and Representatives, in such amounts and scope of coverage as are acceptable to Principal Underwriter in its sole discretion. If requested by Principal Underwriter, Broker shall provide evidence of coverage under an insurance policy, or a plan of self-insurance, satisfactory to Principal Underwriter showing the amount and scope of coverage provided. If such insurance plan terminates for any reason during the term of this Agreement, Broker shall immediately notify Principal Underwriter in writing of such termination and Principal Underwriter shall have the right to immediately terminate this Agreement.
Plan of Insurance. The reinsurance shall be on a Modified Coinsurance basis in accordance with the provisions of the original forms submitted to The Guardian and issued by the ceding company. The ceding company shall pay The Guardian monthly premiums net of allowances. The Guardian shall reimburse the ceding company for its share of surrender, death and disability claims. A modified coinsurance reserve adjustment shall be computed as specified in Exhibit E. The ceding company shall take a reserve credit and The Guardian shall hold a mirror reserve for miscellaneous general account reserves for this business. Miscellaneous reserves are reserves not included in the Modified Coinsurance Reserve Adjustment.
Plan of Insurance. The reinsurance shall be on a Modified Coinsurance basis in accordance with the provisions of the original forms submitted to The Guardian and issued by the ceding company. The ceding company shall pay The Guardian monthly premiums net of allowances. The Guardian shall reimburse the ceding company for its share of surrender, death and disability claims.
Plan of Insurance. Broker shall maintain in full force and effect during the term of this Agreement a plan of insurance, which may be a plan of self-insurance, which shall provide coverage for errors and omissions of the Broker, its Agency, representatives and agents, including Representatives in an amount reasonably acceptable to GAD. If such insurance plan terminates for any reason during the term of the Agreement, Broker shall immediately notify GAD of such termination. If requested by GAD, Broker shall provide satisfactory evidence of coverage under such insurance policy satisfactory to GAD showing the amount and scope of coverage provided.
Plan of Insurance. The new policy may be issued on any plan of non-participating permanent life insurance designated by the Insurer as eligible for conversion on the date of issue of the new policy, or any other plan then being offered for conversion of this plan, for the sex and then attained age nearest birthday of the Life Insured and for the amount of insurance converted. If this policy contains a limitation of liability provision, a similar provision will be included in the new policy. Subject to the following paragraphs, the new policy may include benefits for total and permanent disability or additional benefits for accidental death equivalent to any such benefits included in this policy provided such benefits would be issued at the then attained age of the Life Insured, under the Insurer's rules then in effect.
Plan of Insurance. Broker shall maintain in full force and effect during the term of this Agreement a plan of insurance (which may be a plan of self-insurance if agreed to in writing in advance by Principal Underwriter) which shall provide coverage for errors and omissions of Broker and its directors, officers, employees, agents, Agencies and Representatives, in such amounts and scope of coverage as are acceptable to Principal Underwriter in its sole discretion. If requested by Principal Sales Agreement – 7-19 NY Underwriter, Broker shall provide evidence of coverage under an insurance policy, or a plan of self-insurance, satisfactory to Principal Underwriter showing the amount and scope of coverage provided. If such insurance plan terminates for any reason during the term of this Agreement, Broker shall immediately notify Principal Underwriter in writing of such termination and Principal Underwriter shall have the right to immediately terminate this Agreement.
Plan of Insurance. EFFECTIVE DATE: The later of December 1, 1969 or the date the protected person becomes insured under the policy. The amount of insurance for a protected person shall be in accordance with the protected person's classification in this plan of insurance.
