Changes to Policies. The Company reserves the right to change the terms and conditions of the Policies. The Reinsurer shall share proportionally, on a 100% coinsurance basis or modified coinsurance basis, as applicable, in any such changes in the terms or conditions of the Policies.
Appears in 17 contracts
Samples: Coinsurance and Modified Coinsurance Agreement (MEMBERS Life Insurance Co), Coinsurance and Modified Coinsurance Agreement (MEMBERS Life Insurance Co), Coinsurance Agreement (MEMBERS Life Insurance Co)