CONDITIONAL RECEIPT OR TEMPORARY INSURANCE. For automatic reinsurance, the reinsurance coverage under a conditional receipt or temporary insurance provision is limited to the Reinsurer's share of amounts within the conditional receipt or temporary coverage limits shown in Exhibit B - Plans Covered and Binding Limits. For facultative reinsurance, the Reinsurer shall be liable only for benefits paid pursuant to the terms and conditions of the Ceding Company's Conditional Receipt or Temporary Insurance Agreement if both of the following conditions are satisfied:
Appears in 4 contracts
Samples: Automatic Yrt (Ids Life of New York Account 8), Automatic Yrt (Ids Life Variable Life Separate Account), Automatic Yrt (Ids Life Variable Life Separate Account)
