Common use of Exceptions Reporting Clause in Contracts

Exceptions Reporting. On a quarterly basis, Company shall prepare a report that contains information related to the following: (i) any decision to make a payment to a Policyholder where the payment is made outside of the terms and conditions of the Reinsured Contracts; and (ii) any extracontractual determinations that may create an economic liability for Reinsurer. By way of example, the reported information may include overpayments of benefits, administrative exceptions and policy reinstatements outside the terms and conditions of the Reinsured Contracts. Information to be sent to Reinsurer with the quarterly legal report. THIS AMENDMENT NO. 1 (this “Amendment”), dated as of March 28, 2005, to the Coinsurance Agreement, dated as of April 15, 2004 (the “Agreement”), by and between GE CAPITAL LIFE ASSURANCE COMPANY OF NEW YORK, an insurance company organized under the laws of the State of New York (the “Company”), and UNION FIDELITY LIFE INSURANCE COMPANY, an insurance company organized under the laws of the State of Illinois (the “Reinsurer”), is by and between the Company and the Reinsurer.

Exceptions Reporting. On a quarterly basis, Company shall prepare a report that contains information related to the following: (i) any decision to make a payment to a Policyholder where the payment is made outside of the terms and conditions of the Reinsured Contracts; and (ii) any extracontractual determinations that may create an economic liability for Reinsurer. By way of example, the reported information may include overpayments of benefits, administrative exceptions and policy reinstatements outside the terms and conditions of the Reinsured Contracts. Information to be sent to Reinsurer with the quarterly legal report. THIS AMENDMENT NO. 1 (this “Amendment”), dated as of March 28April 12, 2005, to the Coinsurance Agreement, dated as of April 15, 2004 (the “Agreement”), by and between GE CAPITAL FEDERAL HOME LIFE ASSURANCE COMPANY OF NEW YORKINSURANCE COMPANY, an insurance company organized under the laws of the State Commonwealth of New York Virginia (the “Company”), and UNION FIDELITY LIFE INSURANCE COMPANY, an insurance company organized under the laws of the State of Illinois (the “Reinsurer”), is by and between the Company and the Reinsurer.

Exceptions Reporting. On a quarterly basis, Company shall prepare a report that contains information related to the following: (i) any decision to make a payment to a Policyholder where the payment is made outside of the terms and conditions of the Reinsured Contracts; and (ii) any extracontractual determinations that may create an economic liability for Reinsurer. By way of example, the reported information may include overpayments of benefits, administrative exceptions and policy reinstatements outside the terms and conditions of the Reinsured Contracts. Information to be sent to Reinsurer with the quarterly legal report. THIS AMENDMENT NO. 1 (this “Amendment”), dated as of March 28April 6, 2005, to the Coinsurance Agreement, dated as of April 15, 2004 (the “Agreement”), by and between GE GENERAL ELECTRIC CAPITAL LIFE ASSURANCE COMPANY OF NEW YORKCOMPANY, an insurance company organized under the laws of the State of New York Delaware (the “Company”), and UNION FIDELITY LIFE INSURANCE COMPANY, an insurance company organized under the laws of the State of Illinois (the “Reinsurer”), is by and between the Company and the Reinsurer.

Exceptions Reporting. On a quarterly basis, Company shall prepare a report that contains information related to the following: (i) any decision to make a payment to a Policyholder where the payment is made outside of the terms and conditions of the Reinsured Contracts; and (ii) any extracontractual determinations that may create an economic liability for Reinsurer. By way of example, the reported information may include overpayments of benefits, administrative exceptions and policy reinstatements outside the terms and conditions of the Reinsured Contracts. Information to be sent to Reinsurer with the quarterly legal report. THIS AMENDMENT NO. 1 (this “Amendment”), dated as of March 28April 12, 2005, to the Coinsurance Agreement, dated as of April 15, 2004 (the “Agreement”), by and between GE CAPITAL FIRST COLONY LIFE ASSURANCE COMPANY OF NEW YORKINSURANCE COMPANY, an insurance company organized under the laws of the State Commonwealth of New York Virginia (the “Company”), and UNION FIDELITY LIFE INSURANCE COMPANY, an insurance company organized under the laws of the State of Illinois (the “Reinsurer”), is by and between the Company and the Reinsurer.

Exceptions Reporting. On a quarterly basis, Company shall prepare a report that contains information related to the following: (i) any decision to make a payment to a Policyholder where the payment is made outside of the terms and conditions of the Reinsured Contracts; and (ii) any extracontractual determinations that may create an economic liability for Reinsurer. By way of example, the reported information may include overpayments of benefits, administrative exceptions and policy reinstatements outside the terms and conditions of the Reinsured Contracts. Information to be sent to Reinsurer with the quarterly legal report. THIS AMENDMENT NO. 1 (this “Amendment”), dated as of March 28, 2005, to the Coinsurance Agreement, dated as of April 15, 2004 (the “Agreement”), by and between GE CAPITAL AMERICAN MAYFLOWER LIFE ASSURANCE INSURANCE COMPANY OF NEW YORK, an insurance company organized under the laws of the State of New York (the “Company”), and UNION FIDELITY LIFE INSURANCE COMPANY, an insurance company organized under the laws of the State of Illinois (the “Reinsurer”), is by and between the Company and the Reinsurer.

Exceptions Reporting. On a quarterly basis, Company shall prepare a report that contains information related to the following: (i) any decision to make a payment to a Policyholder where the payment is made outside of the terms and conditions of the Reinsured Contracts; and (ii) any extracontractual determinations that may create an economic liability for Reinsurer. By way of example, the reported information may include overpayments of benefits, administrative exceptions and policy reinstatements outside the terms and conditions of the Reinsured Contracts. Information to be sent to Reinsurer with the quarterly legal report. THIS AMENDMENT NO. 1 (this “Amendment”), dated as of March 28April 12, 2005, to the Coinsurance Agreement, dated as of April 15, 2004 (the “Agreement”), by and between GE CAPITAL LIFE AND ANNUITY ASSURANCE COMPANY OF NEW YORKCOMPANY, an insurance company organized under the laws of the State Commonwealth of New York Virginia (the “Company”), and UNION FIDELITY LIFE INSURANCE COMPANY, an insurance company organized under the laws of the State of Illinois (the “Reinsurer”), is by and between the Company and the Reinsurer.