Liability and Payment. The Reinsurer will accept the decision of the --------------------- Ceding Company with respect to Benefit Payments on annuities reinsured hereunder. The Reinsurer will pay its proportionate share of Benefit Payments in a lump sum to the Ceding Company without regard to the form of settlement by the Ceding Company.
Appears in 13 contracts
Samples: Reinsurance Agreement (Separate Account B of Golden American Life Insurance Co), Reinsurance Agreement (Separate Account B of Golden American Life Insurance Co), Reinsurance Agreement (Separate Account B of Golden American Life Insurance Co)
Liability and Payment. The Reinsurer will accept the decision of the --------------------- Ceding Company with respect to Benefit Payments on annuities reinsured hereunder. The Reinsurer will pay its proportionate share of Benefit Payments in a lump sum to the Ceding Company without regard to the form of settlement by the Ceding Company.
Appears in 8 contracts
Samples: Reinsurance Agreement (Hartford Life Insurance Co Separate Account Two), Reinsurance Agreement (Hartford Life Insurance Co Separate Account Ten), Reinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account H)
Liability and Payment. The Reinsurer will accept the decision of the --------------------- Ceding Company with respect to Benefit Payments on annuities reinsured hereunderpayment of Claims owed under the contractual terms of the Annuities and as specified under the terms of this Agreement. The Reinsurer will pay its proportionate share of Benefit Payments in a lump sum Claims to the Ceding Company without regard to the form of settlement by the Ceding Company.as follows:
Appears in 7 contracts
Samples: Reinsurance Agreement (Separate Account a of Pacific Life Insurance Co), Reinsurance Agreement (Genworth Life of New York VA Separate Account 3), Reinsurance Agreement (Genworth Life & Annuity VA Separate Account 2)
Liability and Payment. The Reinsurer will accept the decision of the --------------------- Ceding Company with respect to Benefit Payments payment of Claims on annuities policies reinsured hereunder. The Reinsurer will pay its proportionate share of Benefit Payments Claims in a lump sum to the Ceding Company without regard to the form of settlement by the Ceding Company.
Appears in 2 contracts
Samples: Reinsurance Agreement, Reinsurance Agreement (Pacific Select Exec Separate Acct Pacific Life Ins)
Liability and Payment. The Reinsurer will accept the decision of the --------------------- Ceding Company with respect to Benefit Payments payment of a Claim on annuities an annuity reinsured hereunder. The Reinsurer will pay its proportionate share of Benefit Payments Claims in a lump sum to the Ceding Company without regard to the form of settlement by the Ceding Company.
Appears in 1 contract
Samples: Reinsurance Agreement (Liberty Financial Companies Inc /Ma/)
Liability and Payment. The Reinsurer will accept the decision of the --------------------- Ceding Company with respect to Benefit Payments payment of Claims on annuities reinsured hereunder. The Reinsurer will pay its proportionate share of Benefit Payments Claims in a lump sum to the Ceding Company without regard to the form of settlement by the Ceding Company.a
Appears in 1 contract
Samples: Reinsurance Agreement (Manufacturers Life Insurance Co of North America Sep Acc A)
Liability and Payment. The Reinsurer will accept the decision of the --------------------- Ceding Company with respect to Benefit Payments payments of Claims on annuities Policies reinsured hereunder. The Reinsurer will pay its proportionate share of Benefit Payments in a lump sum to the Ceding Company without regard to the form of settlement by the Ceding Company.Claims in
Appears in 1 contract
Samples: Reinsurance Agreement (General American Separate Account Two)
Liability and Payment. The Reinsurer will accept the decision of the --------------------- Ceding Company with respect to Benefit Payments payment of a Claim on annuities a policy reinsured hereunder. The Reinsurer will pay its proportionate share of Benefit Payments Claims in a lump sum to the Ceding Company without regard to the form of settlement by the Ceding Company.
Appears in 1 contract
