MISSTATEMENT OF AGE OR GENDER. If the amount of insurance changes because of a misstatement of age or sex classification, the Reinsurer’s share of liability will change proportionately. Reinsurance Premiums will be adjusted from the inception of the policy and any differences will be settled without interest.
Appears in 4 contracts
Samples: Yrt Reinsurance Agreement (Minnesota Life Individual Variable Universal Life Account), Reinsurance Agreement (Minnesota Life Individual Variable Universal Life Account), Yrt Reinsurance Agreement (Minnesota Life Individual Variable Universal Life Account)
MISSTATEMENT OF AGE OR GENDER. If the amount of insurance changes because of a misstatement of age or sex gender classification, the Reinsurer’s share of liability will change proportionately. Reinsurance Premiums will be adjusted from the inception of the policy and any differences will be settled without interest.
Appears in 1 contract
Samples: Reinsurance Agreement (Minnesota Life Individual Variable Universal Life Account)
