MISREPRESENTATION OR SUICIDE. If the Company returns premium to the policyowner or beneficiary as a result of misrepresentation or suicide of the insured, the Reinsurer will refund net reinsurance premiums received on that policy without interest to the Company in lieu of any other form of reinsurance benefit payable under this Agreement.
Appears in 9 contracts
Samples: Reinsurance Agreement (Symetra Separate Account Sl), Reinsurance Agreement (Nationwide VL Separate Account-G), Automatic Yearly Renewable Term Reinsurance Agreement (Symetra Separate Account Sl)
MISREPRESENTATION OR SUICIDE. If the Company company returns premium premiums to the policyowner policyholder or beneficiary as a result of misrepresentation or suicide of the insured, the Reinsurer will refund net reinsurance premiums received on that policy without interest to the Company in lieu of any other form of reinsurance benefit payable under this Agreement.
Appears in 2 contracts
Samples: Reinsurance Agreement (Nationwide VLI Separate Account-7), Reinsurance Agreement (Llac Variable Account)
MISREPRESENTATION OR SUICIDE. If the Company returns premium premiums to the policyowner policyholder or beneficiary as a result of misrepresentation or suicide of the insured, the Reinsurer will shall refund net reinsurance premiums received on that policy without interest to the Company in lieu of any other form of reinsurance benefit payable under this Agreement.
Appears in 1 contract
MISREPRESENTATION OR SUICIDE. If the Company returns premium to to-the policyowner or beneficiary as a result of misrepresentation or suicide of the insured, the Reinsurer will refund net reinsurance premiums received on that policy without interest to the Company in lieu of any other form of reinsurance benefit payable under this Agreement.
Appears in 1 contract
Samples: Reinsurance Agreement (Penn Mutual Variable Life Account I)
MISREPRESENTATION OR SUICIDE. If the Company returns premium on a Policy to the policyowner or beneficiary as a result of misrepresentation or suicide of the insured, then all premiums and consideration paid under this Agreement for such Policy will be returned by the Reinsurer will refund net reinsurance premiums received on that policy without interest and the Company to the Company other party in lieu of any other form of reinsurance benefit payable under this Agreement.
Appears in 1 contract
Samples: Reinsurance Agreement (Nationwide VL Separate Account-G)
MISREPRESENTATION OR SUICIDE. If the Company returns premium to the policyowner or beneficiary as a result of misrepresentation or suicide of the insured, the Reinsurer will refund net to the Company all reinsurance premiums received on that policy without interest to the Company in lieu of any other form of reinsurance benefit payable under this Agreement.
Appears in 1 contract
Samples: Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii)
