CLAIM EXPENSES. The Reinsurer will pay its share of reasonable claim investigation and legal expenses connected with the litigation or settlement of contractual liability claims unless the Reinsurer has discharged its liability pursuant to Section 9.4 above. If the Reinsurer has so discharged its liability, the Reinsurer will not participate in any expenses incurred thereafter. The Reinsurer will not reimburse the Ceding Company for routine claim and administration expenses, including but not limited to the Ceding Company's home office expenses, compensation of salaried officers and employees, and any legal expenses other than third party expenses incurred by the Ceding Company. Claim investigation expenses do not include expenses incurred by the Ceding Company as a result of a dispute or contest arising out of conflicting claims of entitlement to policy proceeds or benefits.
Appears in 5 contracts
Samples: Automatic Self Administered Yrt Reinsurance Agreement (American National Variable Life Separate Account), Automatic Self Administered Yrt Reinsurance Agreement (American National Variable Life Separate Account), Automatic Self Administered Yrt Reinsurance Agreement (American National Variable Life Separate Account)
CLAIM EXPENSES. The Reinsurer will pay its share Proportionate Share of reasonable claim investigation and legal expenses connected with the litigation or settlement of contractual liability claims payable under this Agreement unless the Reinsurer has discharged its liability pursuant to Section 9.4 Article 9.5 above. If the Reinsurer has so discharged its liability, the Reinsurer will not participate in any expenses incurred thereafter. The Reinsurer will not reimburse the Ceding Company for routine claim and administration expenses, including but not limited to the Ceding Company's home office expenses, compensation of salaried officers and employees, and any legal expenses other than third party expenses incurred by the Ceding Company. Claim investigation expenses do not include expenses incurred by the Ceding Company as a result of a dispute or contest arising out of conflicting claims of entitlement to policy proceeds or benefits.
Appears in 5 contracts
Samples: Reinsurance Agreement (Ameritas Life Insurance Corp Separate Account LLVL), Reinsurance Agreement (Ameritas Variable Separate Account V), Reinsurance Agreement (Ameritas Variable Separate Account V)
CLAIM EXPENSES. The Reinsurer will pay its share Proportionate Share of reasonable claim investigation and legal expenses connected with the litigation or settlement of contractual liability claims payable under this Agreement unless the Reinsurer has discharged its liability pursuant to Section 9.4 Article 9.5 above. If the Reinsurer has so discharged its liability, the Reinsurer will not participate in any expenses incurred thereafter. The Reinsurer will not reimburse the Ceding Company for routine claim and administration expenses, including but not limited to the Ceding Company's ’s home office expenses, compensation of salaried officers and employees, and any legal expenses other than third party expenses incurred by the Ceding Company. Claim investigation expenses do not include expenses incurred by the Ceding Company as a result of a dispute or contest arising out of conflicting claims of entitlement to policy proceeds or benefits.
Appears in 5 contracts
Samples: Reinsurance Agreement (Thrivent Variable Life Account I), Reinsurance Agreement (Allstate Life of N Y Var Life Sep Acct A), Reinsurance Agreement (Allstate Assurance Co Variable Life Separate Account)
CLAIM EXPENSES. The Reinsurer will pay its share of reasonable claim investigation and legal expenses connected with the litigation or settlement of contractual liability claims unless the Reinsurer has discharged its liability pursuant to Section 9.4 above. If the Reinsurer has so discharged its liability, the Reinsurer will not participate in any expenses incurred thereafter. The Reinsurer will not reimburse the Ceding Company for routine claim and administration expenses, including but not limited to the Ceding Company's ’s home office expenses, compensation of salaried officers and employees, and any legal expenses other than third party expenses incurred by the Ceding Company. Claim investigation expenses do not include expenses incurred by the Ceding Company as a result of a dispute or contest arising out of conflicting claims of entitlement to policy proceeds or benefits.
Appears in 4 contracts
Samples: Reinsurance Agreement (American National Variable Life Separate Account), Yearly Renewable Term Reinsurance Agreement (American National Variable Life Separate Account), Yearly Renewable Term Reinsurance Agreement (American National Variable Life Separate Account)
CLAIM EXPENSES. The Reinsurer will pay its share of reasonable claim investigation and legal expenses connected with the litigation or settlement of contractual liability claims payable under this Agreement unless the Reinsurer has discharged its liability pursuant to Section 9.4 Item 5. above. If the Reinsurer has so discharged its liability, the Reinsurer will not participate in any expenses incurred thereafter. The Reinsurer will not reimburse the Ceding Company for routine claim and administration expenses, including but not limited to the Ceding Company's ’s home office expenses, compensation of salaried officers and employees, and any legal expenses other than third party expenses incurred by the Ceding Company. Claim investigation expenses do not include expenses incurred by the Ceding Company as a result of a dispute or contest arising out of conflicting claims of entitlement to policy proceeds or benefits.
Appears in 1 contract
Samples: Automatic and Facultative Yrt Reinsurance Agreement (Farm Bureau Life Variable Account)
CLAIM EXPENSES. The Reinsurer will pay its share Proportionate Share of reasonable claim investigation and legal expenses connected with the litigation or settlement of contractual liability claims payable under this Agreement unless the Reinsurer has discharged its liability pursuant to Section 9.4 Article 9.5 above. If the Reinsurer has so discharged its liability, the Reinsurer will not participate in any expenses incurred thereafter. The Reinsurer will not reimburse the Ceding Company for routine claim and administration expenses, including but not limited to the Ceding Company's ’s home office expenses, compensation of salaried officers and employees, and any legal expenses other than third party expenses incurred by the Ceding CompanyCompany (excluding expenses for a third party acting in the capacity of in house counsel). Claim investigation expenses do not include expenses incurred by the Ceding Company as a result of a dispute or contest arising out of conflicting claims of entitlement to policy proceeds or benefits.
Appears in 1 contract
Samples: Reinsurance Agreement (COLI VUL-4 Series Account of First Great-West Life & Annuity Insurance CO)
CLAIM EXPENSES. The Reinsurer will must pay its share Proportionate Share of reasonable claim investigation and legal expenses connected with the litigation or settlement of contractual liability claims payable under this Agreement unless the Reinsurer has discharged its liability pursuant to Section 9.4 Article 9.5 above. If the Reinsurer has so discharged its liability, the Reinsurer will not participate in any liable for ongoing expenses incurred thereafterassociated with the claim. The Reinsurer will is not reimburse liable for reimbursing the Ceding Company for routine claim and administration expenses, including but not limited to the Ceding Company's ’s home office expenses, compensation of salaried officers and employees, and any legal expenses other than third party expenses incurred by the Ceding Company. Claim investigation expenses do not include expenses incurred by the Ceding Company as a result of a dispute or contest arising out of conflicting claims of entitlement to policy proceeds or benefits.
Appears in 1 contract
Samples: Reinsurance Agreement (Farmers Variable Life Separate Account A)
CLAIM EXPENSES. The Reinsurer will pay its share of reasonable claim investigation and legal expenses connected with the litigation or settlement of contractual liability claims unless the Reinsurer has discharged its liability pursuant to Section 9.4 above. If the Reinsurer has so discharged its liability, the Reinsurer will not participate in any expenses incurred thereafter. The Reinsurer will not reimburse the Ceding Company for routine claim and administration expenses, including but not limited to the Ceding Company's ’s or any subsidiary or affiliate home office expenses, compensation of salaried officers and employees, and any legal expenses other than third party expenses incurred by the Ceding Company. Claim investigation expenses do not include expenses incurred by the Ceding Company as a result of a dispute or contest arising out of conflicting claims of entitlement to policy proceeds or benefits.
Appears in 1 contract
