MISSTATEMENT OF AGE OR GENDER. In the event of a change in the amount of the Ceding Company’s liability on a policy due to a misstatement of age or gender, the Reinsurer’s liability on its Proportionate Share will change within the terms of this Agreement. The Reinsured Net Amount at Risk will be adjusted from the inception of the Original Policy, and any difference will be settled without interest.
Appears in 7 contracts
Samples: Reinsurance Agreement (Penn Mutual Variable Life Account I), Reinsurance Agreement (Thrivent Variable Life Account I), Reinsurance Agreement (Allstate Assurance Co Variable Life Separate Account)
MISSTATEMENT OF AGE OR GENDER. In the event of a change in the amount of the Ceding Company’s 's liability on a policy due to a misstatement of age or gender, the Reinsurer’s 's liability on its Proportionate Share will change within the terms of this Agreement. The Reinsured Net Amount at Risk will be adjusted from the inception of the Original Policy, and any difference will be settled without interest.
Appears in 5 contracts
Samples: Reinsurance Agreement (Ameritas Life Insurance Corp Separate Account LLVL), Reinsurance Agreement (Ameritas Variable Separate Account V), Reinsurance Agreement (Ameritas Variable Separate Account V)
MISSTATEMENT OF AGE OR GENDER. In the event of a change in the amount of the Ceding Company’s liability on a policy due to a misstatement of age or gender, the Reinsurer’s liability on its Proportionate Share will change within changes as follows: the terms of this Agreement. The Reinsured Net Amount at Risk will be adjusted from the inception of the Original original Policy, and any difference will be settled without interest.
Appears in 1 contract
Samples: Reinsurance Agreement (Farmers Variable Life Separate Account A)
MISSTATEMENT OF AGE OR GENDER. In the event of a change in the amount of the Ceding Company’s liability on a policy due to a misstatement of age or gender, the Reinsurer’s liability on its Proportionate Share will change accordingly within the terms of this Agreement. The Reinsured Net Amount at Risk will be adjusted from the inception of the Original Policy, and any difference will be settled without interest.
Appears in 1 contract
Samples: Reinsurance Agreement (Symetra Separate Account Sl)
MISSTATEMENT OF AGE OR GENDER. In the event of a change in the amount of the Ceding Company’s liability on a reinsured policy due to a misstatement of age or gender, the Reinsurer’s liability on its Proportionate Share will change within the terms of this Agreementproportionately. The Reinsured Net Amount at Risk face amount of the reinsured policy will be adjusted from the inception of the Original Policypolicy, and any difference will be settled without interest.
Appears in 1 contract
Samples: Automatic and Facultative Yrt Reinsurance Agreement (Farm Bureau Life Variable Account)
