Minimum Reinsurance Limit. The Company may not submit a policy to the Reinsurer unless the amount of the policy to be reinsured exceeds the Minimum Initial Reinsurance Limit specified in Exhibit C. The Reinsured Policy will be canceled whenever its net amount at risk becomes less than the Minimum Final Reinsurance Limit set out in Exhibit C.
Appears in 12 contracts
Samples: Automatic Self Administered Yrt Reinsurance Agreement (National Variable Life Insurance Account), Yrt Reinsurance Agreement (American Family Variable Account I), Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii)
Minimum Reinsurance Limit. The Company may will not submit a policy to the Reinsurer unless the amount of the policy to be reinsured exceeds the Minimum Initial Reinsurance Limit specified in Exhibit C. The Reinsured Policy will be canceled whenever when its net amount at risk becomes less than the Minimum Final Reinsurance Limit set out in Exhibit C.
Appears in 4 contracts
Samples: Automatic Yrt Reinsurance Agreement (Llac Variable Account), Reinsurance Agreement (Nationwide Vli Separate Account 6), Reinsurance Agreement (Nationwide Vli Separate Account 5)
Minimum Reinsurance Limit. The Company may will not submit a policy to the Reinsurer unless the amount of the policy to be reinsured exceeds the Minimum Initial Reinsurance Limit specified in Exhibit C. The Reinsured Policy will be canceled whenever cancelled when its net amount at risk becomes less than the Minimum Final Reinsurance Limit set out in Exhibit C.
Appears in 1 contract
Samples: Reinsurance Agreement (National Variable Life Insurance Account)
