Conditions Requiring Claims Consultation. Before conceding liability or making settlement to the claimant, the Company will seek the Reinsurer’s recommendation if: a) The claim occurs during the contestable period and the Company is not contesting the claim; or b) The death occurs outside of the United States or Canada; or c) The claim is one for which there is no body, i.e. the insured is missing and presumed dead.
Appears in 6 contracts
Samples: Reinsurance Agreement (Nationwide Vli Separate Account 4), Reinsurance Agreement (Nationwide Vli Separate Account 4), Reinsurance Agreement (Nationwide Vli Separate Account 4)
Conditions Requiring Claims Consultation. Before conceding liability or making settlement to the claimant, the Company will seek the Reinsurer’s recommendation if:
a) The claim occurs during the contestable period and the Company is not contesting the claim; or
b) The death occurs outside of the United States or Canada; or
c) The claim is one for which there is no body, i.e. the insured is missing and presumed dead.. I486326US-14 (02-21-2014) (QT #06655US13)
Appears in 2 contracts
Samples: Reinsurance Agreement (Vericity, Inc.), Reinsurance Agreement (Vericity, Inc.)
Conditions Requiring Claims Consultation. Before conceding liability or making settlement to the claimant, the Company will seek the Reinsurer’s 's recommendation if:
a) The claim occurs during the contestable period and the Company is not contesting the claim; or
b) The death claim occurs outside of the United States or Canada; or
c) The claim is one for which there is no body, i.e. the insured is missing and presumed dead.
Appears in 1 contract
Samples: Reinsurance Agreement (Ameritas Variable Separate Account V)
Conditions Requiring Claims Consultation. Before conceding liability or making making. settlement to the claimant, the Company will seek the Reinsurer’s recommendation if:
a) The claim occurs during the contestable period and the Company is not contesting the claim; or
b) The death occurs outside of the United States States, or Canada; or
c) The claim is one for which there is no body, i.e. the insured is missing and presumed dead.
Appears in 1 contract
Conditions Requiring Claims Consultation. Before conceding liability or making settlement to the claimant, the Company will seek the Reinsurer’s recommendation if:
a) The claim Claim occurs during the contestable period and the Company is not contesting the claim; or
b) The death occurs outside of the United States or Canada; or
c) The claim is one for which there is no body, i.e. the insured is missing and presumed dead.
Appears in 1 contract
Conditions Requiring Claims Consultation. Before conceding liability or making settlement to the claimant, the Company will seek the Reinsurer’s 's recommendation if:
a) The claim occurs during the contestable period and the Company is not contesting the claim; or
b) The death occurs outside of the United States or Canada; or
c) The claim is one for which there is no body, i.e. the insured is missing and presumed dead.
Appears in 1 contract
Samples: Reinsurance Agreement (American Family Variable Account I)
