Extended Term. If the original policy lapses and extended term insurance is elected under the terms of the policy, reinsurance will continue on the same basis as under the original policy until the expiry of the extended term period.
Appears in 21 contracts
Samples: Automatic Yearly Renewable Term Reinsurance Agreement (Symetra Separate Account Sl), Reinsurance Agreement (Nationwide VL Separate Account-G), Automatic Yearly Renewable Term Reinsurance Agreement (Symetra Separate Account Sl)
Extended Term. If the original policy Original Policy lapses and extended term insurance is elected under the terms of the policy, reinsurance will continue on the same basis as under the original policy Original Policy until the expiry expiration of the extended term period.
Appears in 7 contracts
Samples: Reinsurance Agreement (Ameritas Variable Separate Account V), Reinsurance Agreement (Ameritas Life Insurance Corp Separate Account LLVL), Reinsurance Agreement (Symetra Separate Account Sl)
Extended Term. If the original policy Original Policy lapses and extended term insurance is elected under the terms of the policy, reinsurance will continue on the same basis as under the original policy Original Policy until the expiry of the extended term period.
Appears in 5 contracts
Samples: Reinsurance Agreement (Ameritas Variable Separate Account V), Yrt Reinsurance Agreement (Farmers Variable Life Separate Account A), Yrt Reinsurance Agreement (Farmers Variable Life Separate Account A)
Extended Term. If the original policy Policy lapses and extended term insurance is elected under the terms of the policyPolicy, reinsurance will continue on the same basis as under the original policy Policy until the expiry of the extended term period.
Appears in 3 contracts
Samples: Reinsurance Agreement (Ameritas Variable Separate Account V), Automatic and Facultative Yrt (Penn Mutual Variable Life Account I), Nationwide VL Separate Account-G
Extended Term. If the original policy lapses and extended term insurance is elected under the terms of the policy, reinsurance will continue on the same basis as under the original policy until the expiry of the extended term period. The amount reinsured and the amount retained will be reduced proportionately. The reinsurance premiums will be calculated in the same manner as reinsurance premiums were calculated on the original policy.
Appears in 2 contracts
Samples: Tiaa-Cref Life Separate Account Vli-1, Tiaa-Cref Life Separate Account Vli-1
Extended Term. If the original policy lapses and extended term insurance is elected under the terms of the policy, reinsurance will continue on the same basis (subject to other provisions of this Agreement) as under the original policy until the expiry of the extended term period.
Appears in 1 contract
Extended Term. If if the original policy lapses and extended term insurance is elected under the terms of the policy, reinsurance will continue on the same basis as under the original policy until the expiry of the extended term period.
Appears in 1 contract
Samples: Reinsurance Agreement (Penn Mutual Variable Life Account I)
Extended Term. If the original policy Original Policy lapses and extended term insurance is elected under the terms of the policy, reinsurance will continue continues on the same basis as under the original policy Original Policy until the expiry expiration of the extended term period.
Appears in 1 contract
Samples: Ance Agreement (Farmers Variable Life Separate Account A)
Extended Term. If the original policy lapses and extended term insurance is elected under the terms of the policy, reinsurance will continue on the same basis as under the original policy until the expiry of the extended term period.term. REDUCED PAID-UP: If the original policy lapses and reduced paid-up insurance is elected under the terms of the policy, the amount reinsured will be reduced in accordance with Article X.
Appears in 1 contract
Samples: Reinsurance Agreement (Minnesota Life Individual Variable Universal Life Account)
Extended Term. If the original policy Original Policy lapses and extended term insurance Insurance is elected under the terms of the policy, reinsurance will continue on the same basis as under the original policy Original Policy until the expiry of the extended term period.
Appears in 1 contract
Samples: Reinsurance Agreement (Nationwide VLI Separate Account-7)
Extended Term. If the original policy Original Policy lapses and extended term insurance is elected under the terms of the policy, reinsurance will continue on the same basis as under the original policy Original Policy until the expiry expiration of the extended term period.. (460, C01) 10000-00-00 13 12/14/2017
Appears in 1 contract
Samples: Reinsurance Agreement (Penn Mutual Variable Life Account I)
Extended Term. If the original policy lapses and extended term insurance is elected under the terms of the policy, reinsurance will continue on the same basis as under the original policy until the expiry of the extended term period. b. Reduced Paid-up If the original policy lapses and reduced paid-up insurance is elected under the terms of the policy, the amount reinsured will be reduced. The amount reinsured and the amount retained will be reduced proportionately. The reinsurance premiums will be calculated in the same manner as reinsurance premiums were calculated on the original policy.
Appears in 1 contract
Samples: Yrt Reinsurance Agreement (American National Variable Life Separate Account)
Extended Term. If the original policy lapses and extended term insurance is elected under the terms of the policy, policy reinsurance will continue on the same basis as under the original policy until the expiry of the extended term period.
Appears in 1 contract
Samples: Yrt Reinsurance Agreement (American National Variable Life Separate Account)
