MISSTATEMENT OF AGE OR GENDER. In the event of an increase or reduction in the amount of the Ceding Company’s insurance on any Policy reinsured hereunder because of a misstatement of age or sex being established after the death of the insured, the Ceding Company and the Reinsurer shall share in such increase or reduction in proportion to their respective amounts at risk under such Policy.
Appears in 3 contracts
Samples: Automatic and Facultative Yrt Reinsurance Agreement (C M Life Variable Life Separate Account I), Yrt Reinsurance Agreement (Massachusetts Mutual Variable Life Separate Account I), Massachusetts Mutual Variable Life Separate Account I
MISSTATEMENT OF AGE OR GENDER. In the event of an increase or reduction in the amount of the Ceding Company’s insurance on any Policy policy reinsured hereunder because of a misstatement of age or sex being established after the death of the insured, the Ceding Company and the Reinsurer shall share in such increase or reduction in proportion to their respective amounts at risk under such Policy.policy. [page break]
Appears in 1 contract
Samples: Automatic and Facultative Yrt Agreement (Massachusetts Mutual Variable Life Separate Account I)
MISSTATEMENT OF AGE OR GENDER. In the event of an increase or reduction in the amount of the Ceding Company’s insurance on any Policy reinsured hereunder because of a misstatement of age or sex being established after the death of the insured, the Ceding Company and the Reinsurer shall share in such increase or reduction in proportion to their respective amounts at risk under such PolicyPolicy [ ].
Appears in 1 contract
Samples: Automatic and Facultative Yrt Reinsurance Agreement (C M Life Variable Life Separate Account I)
MISSTATEMENT OF AGE OR GENDER. In the event of an increase or reduction in the amount of the Ceding Company’s insurance on any Policy reinsured hereunder because of a misstatement of age or sex being established after the death of the insuredInsured, the Ceding Company and the Reinsurer shall share in such increase or reduction in proportion to their respective amounts at risk under such Policy.
Appears in 1 contract
Samples: Automatic and Facultative Yrt Agreement (Massachusetts Mutual Variable Life Separate Account I)
MISSTATEMENT OF AGE OR GENDER. In the event of an increase or reduction in the amount of the Ceding Company’s insurance on any Policy reinsured hereunder because of a misstatement of age or sex being established after the death of the insured, the Ceding Company and the Reinsurer shall share in such increase or reduction in proportion to their respective amounts at risk under such PolicyPolicy so long as any increase will not exceed the Automatic Binding Limits specified in Exhibit B – Plans Covered and Binding Limits.
Appears in 1 contract
Samples: Massachusetts Mutual Variable Life Separate Account I
