FACULTATIVE CONSIDERATIONS. The Reinsurer’s approval to exchange or replace the Original Policy will be required if the Original Policy was reinsured on a Facultative basis, and the New Policy is fully underwritten by the Ceding Company.
Appears in 5 contracts
Samples: Reinsurance Agreement (Symetra Separate Account Sl), Reinsurance Agreement (Penn Mutual Variable Life Account I), Reinsurance Agreement (Thrivent Variable Life Account I)
FACULTATIVE CONSIDERATIONS. The Reinsurer’s 's approval to exchange or replace the Original Policy will be required if the Original Policy was reinsured on a Facultative basis, and the New Policy is fully underwritten by the Ceding Company.
Appears in 3 contracts
Samples: Reinsurance Agreement (Ameritas Variable Separate Account V), Reinsurance Agreement (Nationwide VLI Separate Account-7), Reinsurance Agreement (National Variable Life Insurance Account)
FACULTATIVE CONSIDERATIONS. The Reinsurer’s approval to exchange or replace the Original Policy will be required if the Original Policy was reinsured on a Facultative basis, and the New Policy new policy is fully underwritten by the Ceding Company.
Appears in 2 contracts
Samples: Reinsurance Agreement (Farmers Variable Life Separate Account A), Reinsurance Agreement (Farmers Variable Life Separate Account A)
FACULTATIVE CONSIDERATIONS. The Reinsurer’s 's approval to exchange or replace the Original Policy will be required if the Original Policy was reinsured on a Facultative basis, and the New Policy is fully underwritten by the Ceding Company.
Appears in 2 contracts
Samples: Reinsurance Agreement (Ameritas Variable Separate Account V), Reinsurance Agreement (Ameritas Life Insurance Corp Separate Account LLVL)
FACULTATIVE CONSIDERATIONS. The Reinsurer’s approval to exchange or replace the Original Policy will be required if the Original Policy was reinsured on a Facultative basis, and the New Policy is fully underwritten Fully Underwritten by the Ceding Company.
Appears in 1 contract
Samples: Reinsurance Agreement (COLI VUL-4 Series Account of First Great-West Life & Annuity Insurance CO)
FACULTATIVE CONSIDERATIONS. The Reinsurer’s 's approval to exchange or replace the Original Policy will be required if the Original Policy was reinsured on a Facultative basis, and the New Policy is fully underwritten by the Ceding Company.. (019)11220-00-00 00 2/16/2011
Appears in 1 contract
Samples: Reinsurance Agreement (Ameritas Variable Separate Account V)
