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 22 contracts
Samples: 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), Reinsurance Agreement (Farmers Variable Life Separate Account A), Reinsurance Agreement (National Variable Life Insurance Account)
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 4 contracts
Samples: Reinsurance Agreement (Ameritas Variable Separate Account V), Reinsurance Agreement (Nationwide VL Separate Account-G), Reinsurance Agreement (Nationwide Vli Separate Account 4)
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: Automatic Yrt Reinsurance Agreement (Tiaa-Cref Life Separate Account Vli-1), Automatic Yrt Reinsurance Agreement (Tiaa-Cref Life Separate Account Vli-1)
Extended Term. If the original policy lapses and Policy changes to 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 periodterm.
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, 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
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: Reinsurance Agreement (Farmers Variable Life Separate Account A)
Extended Term. If the original policy a Policy lapses and extended term insurance is elected occurs under the terms of the policypolicy contract, reinsurance will continue on the same basis as terms under the original policy this Agreement until the expiry of the extended term period.
Appears in 1 contract
Samples: Automatic Yearly Renewable Term Reinsurance Agreement (Symetra Separate Account Sl)
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 lapses and Policy changes to extended term insurance is elected under the terms of the policyPolicy, reinsurance will continue on the same basis as under the original policy until the expiry of the extended term periodterm.
Appears in 1 contract
Samples: Reinsurance Agreement (Minnesota Life Individual Variable Universal Life Account)
