Material Change of Risk During Underwriting. If, to the knowledge of the Ceding Company, including its agents or brokers, the medical, financial or other information provided on an application for insurance changes following its submission but prior to the issuance of the Policy, and such change materially affects the life to be insured or the amount at risk, the Ceding Company must consider such material change in the issuance of the Policy. Otherwise, reinsurance coverage may not be provided under this Agreement for such Policy. Treaty # 4347 Munich American Reassurance Company P a g e | 8
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Samples: Nationwide VL Separate Account-G
Material Change of Risk During Underwriting. If, to the knowledge of the Ceding Company, including its agents or brokers, the medical, financial or other information provided on an application for insurance changes following its submission but prior to the issuance of the Policy, and such change materially affects the life to be insured or the amount at risk, the Ceding Company must consider such material change in the issuance of the Policy. Otherwise, reinsurance coverage may not be provided under this Agreement for such Policy. Treaty # 4347 Munich American Reassurance Company P a g e | 8.
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Samples: Reinsurance Agreement (Ameritas Variable Separate Account V)
Material Change of Risk During Underwriting. If, to the knowledge of the Ceding Company, including its agents or brokers, the medical, financial or other information provided on an application for insurance changes following its Its submission but prior to the issuance of the Policy, and such change materially affects the life to be insured or the amount at risk, the Ceding Company must consider such material change in the issuance of the Policy. Otherwise, reinsurance coverage may not be provided under this Agreement for such Policy. Treaty # 4347 #4345 Munich American Reassurance Company P a g e | 87
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Samples: Automatic and Facultative Yrt (Penn Mutual Variable Life Account I)
Material Change of Risk During Underwriting. If, to the knowledge of the Ceding Company, including its agents or brokers, the medical, financial or other information provided on an application for insurance changes following its submission but prior to the issuance of the Policy, and such change materially affects the life to be insured or the amount at risk, the Ceding Company must consider such material change in the issuance of the Policy. Otherwise, reinsurance coverage may not be provided under this Agreement for such Policy. Treaty # 4347 #4424 Munich American Reassurance Company P a g e Page | 8
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