AUTOMATIC PROVISIONS. For each risk on which reinsurance is ceded, the Ceding Company's retention at the time of issue will take into account both currently issued and previously issued policies. The Ceding Company must cede and the Reinsurer must automatically accept reinsurance, if all of the following conditions are met for each life:
Appears in 11 contracts
Samples: Reinsurance Agreement (Ameritas Variable Separate Account V), Reinsurance Agreement (National Variable Life Insurance Account), Reinsurance Agreement (Minnesota Life Variable Life Account)
AUTOMATIC PROVISIONS. For each risk on which reinsurance is ceded, the Ceding Company's ’s retention at the time of issue will take into account both currently issued and previously issued policies. The Ceding Company must cede and the Reinsurer must automatically accept reinsurance, if all of the following conditions are met for each life:
Appears in 4 contracts
Samples: Reinsurance Agreement (Minnesota Life Variable Life Account), Reinsurance Treaty (Life Investors Variable Life Account A), Automatic Yrt Reinsurance Agreement (Kansas City Life Insurance Co)
