Life. For Life insurance claims, the Reinsurer shall pay its share of death benefits in a lump sum regardless of the form of claim settlement by the Company.
Appears in 6 contracts
Samples: Reinsurance Agreement (Nationwide VLI Separate Account-7), Reinsurance Agreement (Llac Variable Account), Reinsurance Agreement (Nationwide Provident Vli Separate Account 1)
Life. For Life life insurance claims, the Reinsurer shall will pay its share of death benefits in a lump sum single sum, regardless of the form of claim settlement by the Company.
Appears in 1 contract
Samples: Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii)