Fully Underwritten Applications Clause Samples

Fully Underwritten Applications. Should any individual life within a group be offered to the Reinsurer on a fully underwritten basis, the reinsurance placed on that life would be processed under the terms of the appropriate treaty for individual life permanent business. In the event that more than one underwriting basis is used for a given risk, only that portion subject to full underwriting will qualify for the terms applicable to the treaty for fully underwritten business.