Automatic Reinsurance Coverage and Cessions. The Reinsurer shall automatically accept its share of the risks under the Covered Policies as described in the exhibits of this Agreement, provided that all of the following conditions are met at the time the Covered Policy is issued:
Appears in 4 contracts
Samples: Yearly Renewable Term Reinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account A), Yearly Renewable Term Reinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account A), Yearly Renewable Term Reinsurance Agreement (John Hancock Life Insurance Co of New York Separate Account B)