Age Adjustment. If the Company’s liability under any of the contracts reinsured under this Agreement is changed because of a misstatement of age, the Reinsurer will share in the change proportionately to the amount reinsured hereunder, and the Company and the Reinsurer will make any and all proportional adjustments thereunto.
Appears in 3 contracts
Samples: Reinsurance Agreement (Security National Financial Corp), Reinsurance Agreement (Midwest Holding Inc.), Reinsurance Agreement (Security National Financial Corp)
Age Adjustment. If the Company’s 's liability under any of the contracts reinsured under this Agreement is changed because of a misstatement of age, the Reinsurer will share in the change proportionately to the amount reinsured hereunder, and the Company and the Reinsurer will make any and all proportional adjustments thereunto.
Appears in 2 contracts
Samples: Reinsurance Agreement (Security National Financial Corp), Reinsurance Agreement (Security National Financial Corp)
