INCREASE IN FACE AMOUNT. If the face amount of a particular policy reinsured under this Agreement increases and a) The increase is subject to new underwriting evidence and i) The original policy was reinsured automatically, the provisions of Article 3 shall apply to the increase in reinsurance. ii) The original policy was reinsured facultatively, the provisions of Article 4 shall apply to the increase in reinsurance. b) The increase is not subject to new underwriting evidence, the Reinsurer shall accept automatically the increase in reinsurance but not to exceed the automatic binding limits as stated in Schedule B.
Appears in 6 contracts
Samples: Coinsurance Agreement (Kansas City Life Insurance Co), Coinsurance Agreement (Thrivent Variable Life Account I), Coinsurance Agreement (Thrivent Variable Life Account I)
INCREASE IN FACE AMOUNT. If the face amount of a particular policy reinsured under this Agreement increases and
a) The increase is subject to new underwriting evidence and
i) The original policy was reinsured automaticallyevidence, the provisions of Article 3 shall apply to the increase in reinsurance.
ii) The original policy was reinsured facultatively, the provisions of Article 4 shall apply to the increase in reinsurance.
b) The increase is not subject to new underwriting evidence, the Reinsurer shall accept automatically the increase in reinsurance but not to exceed the automatic binding limits as stated in Schedule B.
Appears in 2 contracts
Samples: Yrt Agreement (Nationwide Provident Vli Separate Account A), Yrt Agreement (Nationwide Provident Vli Separate Account 1)
INCREASE IN FACE AMOUNT. If the face amount of a particular policy reinsured under this Agreement increases and
a) The increase is subject to new underwriting evidence and
i) The original policy was reinsured automatically, the provisions of Article 3 shall apply to the increase in reinsurance.
ii) The original policy was reinsured insured facultatively, the provisions of Article 4 shall apply to the increase in reinsurance.
b) The increase is not subject to new underwriting evidence, the Reinsurer shall accept automatically the increase in reinsurance but not to exceed the automatic binding limits as stated in Schedule B.
Appears in 1 contract
Samples: Yrt Agreement (Nationwide Provident Vli Separate Account A)
INCREASE IN FACE AMOUNT. If the face amount of a particular policy reinsured under this Agreement increases and:
a) The increase is subject to new underwriting evidence and
i) } The original policy was reinsured automatically, ; the provisions of Article 3 shall apply to the increase in reinsurance.
ii) } The original policy was reinsured facultatively, the provisions of Article 4 shall apply to the increase in reinsurance.
b) The increase is not subject to new underwriting evidence, the Reinsurer shall accept automatically the increase in reinsurance but not to exceed the automatic binding limits as stated in Schedule B.
Appears in 1 contract
Samples: Coinsurance Agreement (Thrivent Variable Life Account I)
INCREASE IN FACE AMOUNT. If the face amount of a particular policy reinsured under this Agreement increases and
a) The increase is subject to new underwriting evidence and
i) The original policy was reinsured automatically, the provisions of Article 3 shall apply to the increase in reinsurance.
ii) The original policy was reinsured facultatively, the provisions of Article 4 shall apply to the increase in reinsurance.
b) The increase is not subject to new underwriting evidence, the Reinsurer shall accept automatically the increase in reinsurance but not to exceed the automatic binding limits as stated in Schedule B.A.
Appears in 1 contract
Samples: Assignment, Transfer and Novation Agreement (Ameritas Variable Separate Account V)
INCREASE IN FACE AMOUNT. If the face amount of a particular policy reinsured under this Agreement increases and
a) The increase is subject to new underwriting evidence and
(i) The original policy was reinsured automatically, the provisions of Article 3 shall apply to the increase in reinsurance.
(ii) The original policy was reinsured are insured facultatively, the provisions of Article 4 shall apply to the increase in reinsurance.
b) The increase is not subject to new underwriting evidence, the Reinsurer shall accept automatically the increase in reinsurance but not to exceed the automatic binding limits as stated in Schedule B.A.
Appears in 1 contract
