Claims Notice. A. The Company will notify the Reinsurer as soon as reasonably possible after the Company receives any type of claim on a subject Policy. Copies of all relevant claims papers will be sent promptly by the Company to the Reinsurer. The settlement made by the Company will be unconditionally binding on the Reinsurer. B. The Company will provide the Reinsurer with further reports and papers reasonably required by the Reinsurer for its consideration of the claim.
Appears in 4 contracts
Samples: Life Surplus Share Reinsurance Contract (Prudential Variable Contract Account Gi-2), Life Surplus Share Reinsurance Contract (Prudential Variable Contract Account Gi-2), Reinsurance Contract (Prudential Variable Contract Account Gi-2)
Claims Notice. A. The Company will notify the Reinsurer as soon as reasonably possible after the Company receives any type of claim on a subject Policy. Copies of all relevant claims papers will be sent promptly by the Company to the Reinsurer. The settlement made by the Company will be unconditionally binding on the Reinsurer.
B. The Company will provide the Reinsurer with further reports and papers reasonably required by the Reinsurer for its consideration of the claim.
Appears in 1 contract
Samples: Life Surplus Share Reinsurance Contract (Prudential Variable Contract Account Gi-2)
