DEATH BENEFIT OPTION CHANGES. If the death benefit option under a reinsured policy is changed and the face amount of insurance is either increased or decreased, the net amount at risk reinsured under this Agreement after the change will be the same as before the change.
Appears in 25 contracts
Samples: Automatic and Facultative (Pruco Life Variable Universal Account), Automatic and Facultative (Pruco Life Variable Universal Account), Automatic and Facultative (Pruco Life Variable Universal Account)
DEATH BENEFIT OPTION CHANGES. If the death benefit option under a reinsured policy is changed and so that the face amount of insurance is either increased or decreased, then the net amount at risk reinsured under this Agreement immediately after the change will be the same as immediately before the change.
Appears in 6 contracts
Samples: Automatic and Facultative (Pruco Life of New Jersey Variable Appreciable Account), Automatic and Facultative (Pruco Life of New Jersey Variable Appreciable Account), Automatic and Facultative (Pruco Life Variable Universal Account)
DEATH BENEFIT OPTION CHANGES. If the death benefit option under a reinsured policy is changed and then the face amount of insurance is either increased or decreased, so that the net amount at risk reinsured under this Agreement immediately after the change will be the same as immediately before the change.
Appears in 4 contracts
Samples: Yearly Renewable Term Reinsurance Agreement (Pruco Life Variable Universal Account), Yearly Renewable Term Reinsurance Agreement (Pruco Life Variable Universal Account), Automatic Yearly Renewable Term Reinsurance Agreement (Pruco Life Variable Universal Account)
DEATH BENEFIT OPTION CHANGES. If the death benefit option under a reinsured policy is changed and changed, then the face amount of insurance is either increased or decreased, so that the net amount at risk reinsured under this Agreement immediately after the change will be the same as immediately before the change.
Appears in 3 contracts
Samples: Automatic and Facultative Yearly Renewable Term Reinsurance Agreement (Pruco Life Variable Universal Account), Automatic and Facultative (Pruco Life of New Jersey Variable Appreciable Account), Automatic and Facultative (Pruco Life of New Jersey Variable Appreciable Account)
DEATH BENEFIT OPTION CHANGES. If the death benefit option under a reinsured policy is changed and the face amount of insurance is either increased or decreased, the net amount at risk reinsured under this Agreement after the change will be the same adjusted as before the changeappropriate.
Appears in 2 contracts
Samples: Automatic Yearly Renewable Term Reinsurance Agreement (Pruco Life Variable Universal Account), Automatic (Prudential Variable Appreciable Account)
DEATH BENEFIT OPTION CHANGES. If the death benefit option under a reinsured policy is changed and changed, then the face amount of insurance is either increased or decreased, so that the net amount at risk reinsured under this Agreement immediately after the change will be the same as immediately before the change. After the effective date of the death benefit option change, the reinsurance will be calculated based on the new face amount of insurance.
Appears in 2 contracts
Samples: Automatic and Facultative (Pruco Life Variable Universal Account), Automatic and Facultative (Pruco Life Variable Universal Account)
DEATH BENEFIT OPTION CHANGES. If the death benefit option under a reinsured policy is changed and changed, then the face amount of insurance is either increased or decreased, decreased so that the net amount at risk reinsured under this Agreement immediately after the change will be the same as immediately before the change.
Appears in 1 contract
Samples: Automatic and Facultative (Pruco Life Variable Universal Account)
