ACCELERATED BENEFIT AGREEMENT. The Reinsurer will not participate on any accelerated or advance payments made under an accelerated death benefit agreement. The Reinsurer will be notified at time of death and will pay its share of the reinsured net amount at risk as outlined above.
Appears in 4 contracts
Samples: Reinsurance Agreement (Minnesota Life Variable Life Account), Reinsurance Agreement (Minnesota Life Individual Variable Universal Life Account), Minnesota Life Variable Life Account