Common use of Any Late Reported Terminations Clause in Contracts

Any Late Reported Terminations. For the purposes of this Article IX, a "Late Reported Termination" is a termination of life reinsurance coverage (other than by death) reported more than two (2) years after the termination date of the covered risk. The Reinsurer will reimburse Reinsurance Premiums on Late Reported Terminations for only the last two (2) years. Allocated Retention Pool (Excess Risks) -- Effective October 1, 2008 Between HLIC and Canada Life

Appears in 3 contracts

Samples: Reinsurance Agreement (Hartford Life Insurance Co Separate Account Vl Ii), Reinsurance Agreement (Hartford Life & Annuity Ins Co Separate Acount Vlii), Reinsurance Agreement (Hartford Life & Annuity Insurance Co Sep Account Vl I)

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Any Late Reported Terminations. For the purposes of this Article IX, a "Late Reported Termination" is a termination of life reinsurance coverage (other than by death) reported more than two (2) years after the termination date of the covered risk. The Reinsurer will reimburse Reinsurance Premiums on Late Reported Terminations for only the last two (2) years. Allocated Retention Pool (Excess Risks) -- Effective October 1, 2008 Between HLIC HLAIC and Canada Life

Appears in 3 contracts

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

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