Common use of Forms, Manuals, Issue Rules Clause in Contracts

Forms, Manuals, Issue Rules. The Company affirms that its retention schedule, underwriting rules, issue rules, premium rates and policy forms applicable to the Reinsured Policies and in use as of the effective date of this Agreement have been supplied to the Reinsurer as listed in Exhibit A-2; that it has fully disclosed all material facts regarding the business reinsured hereunder. The Company will notify the Reinsurer of any proposed material changes in its retention schedule and/or underwriting and issue rules and/or premium rates and/or policy forms. This Agreement will not extend to policies issued pursuant to such changes unless the Reinsurer has consented in writing to accept policies subject to such changes. It is the Company's responsibility to ensure that the applicable forms are in compliance with current Medical Information Bureau (M.I.B.) regulations.

Appears in 9 contracts

Samples: Reinsurance Agreement (National Variable Life Insurance Account), Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii), Automatic Self Administered Yrt Reinsurance Agreement (American Family Variable Account I)

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