MISSTATEMENT OF AGE OR SEX. 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 sex, the Reinsurer's liability will change proportionately. Reinsurance premiums will be adjusted from the inception of the policy, and any difference will be settled without interest.
Appears in 30 contracts
Samples: Reinsurance Agreement (Riversource Variable Life Separate Account), Automatic Yrt (Riversource Variable Life Separate Account), Automatic Yrt (Riversource of New York Account 8)
MISSTATEMENT OF AGE OR SEX. In the event of a change in the amount of the Ceding Company's liability on payable under a reinsured policy Reinsured Policy due to a misstatement of in age or sex, the Reinsurer's ’s liability will change proportionately. Reinsurance premiums The Reinsured Policy will be adjusted rewritten from commencement on the inception basis of the policyadjusted amounts using premiums and amounts at risk for the correct ages and sex, and any the proper adjustment for the difference in reinsurance premiums, without interest, will be settled without interestmade.
Appears in 8 contracts
Samples: Reinsurance Agreement (Allstate Assurance Co Variable Life Separate Account), Reinsurance Agreement (Allstate Life of N Y Var Life Sep Acct A), www.sec.gov
MISSTATEMENT OF AGE OR SEX. In the event of a change in the amount of the Ceding Company's liability on payable under a reinsured policy Reinsured Policy due to a misstatement of in age or sex, the Reinsurer's liability will change proportionately. Reinsurance premiums The Reinsured Policy will be adjusted rewritten from commencement on the inception basis of the policyadjusted amounts using premiums and amounts at risk for the correct ages and sex, and any the proper adjustment for the difference in reinsurance premiums, without interest, will be settled without interestmade.
Appears in 5 contracts
Samples: Reinsurance Agreement (Ameritas Variable Separate Account V), Reinsurance Agreement (Nationwide VL Separate Account-G), Reinsurance Agreement (Nationwide Vli Separate Account 4)
MISSTATEMENT OF AGE OR SEX. In the event of a change in the amount of the Ceding Company's ’s liability on a reinsured policy Policy due to a misstatement of age or sex, the Reinsurer's ’s liability will shall change proportionately. Reinsurance premiums will The face amount of the Policy shall be adjusted from the inception of the policyPolicy, and any difference will in premiums and considerations paid under this Agreement shall be settled without interest.
Appears in 5 contracts
Samples: Reinsurance Agreement, Coinsurance Reinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account A), Automatic and Facultative (Nationwide VLI Separate Account-7)
MISSTATEMENT OF AGE OR SEX. 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 sex, the Reinsurer's liability will change proportionately. Reinsurance premiums will be adjusted from the inception of the policy, and any difference will be settled without interest.. IDSL-NY Succession Select Treaty
Appears in 3 contracts
Samples: Automatic Yrt Reinsurance Agreement (Ids Life of New York Account 8), Yrt Reinsurance Agreement (Ids Life of New York Account 8), Automatic Yrt Reinsurance Agreement (Ids Life of New York Account 8)
MISSTATEMENT OF AGE OR SEX. In the event of a change in the amount of the Ceding Company's ’s liability on a reinsured policy due to a misstatement of age or sex, the Reinsurer's ’s liability will change proportionately. Reinsurance premiums The face amount of the reinsured policy will be adjusted from the inception of the policypolicy and the Reinsurer’s liability will be calculated on the adjusted face amount, and any difference in premiums net of allowances will be settled without interest.
Appears in 3 contracts
Samples: Reinsurance Agreement (Penn Mutual Variable Life Account I), Automatic Yearly Renewable Term (COLI VUL-4 Series Account of First Great-West Life & Annuity Insurance CO), Automatic Yearly Renewable Term (COLI VUL-4 Series Account of First Great-West Life & Annuity Insurance CO)
MISSTATEMENT OF AGE OR SEX. 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 sex, the Reinsurer's liability will change proportionately. Reinsurance premiums The face amount of the reinsured policy will be adjusted from the inception of the policy, and any difference will be settled without interest.
Appears in 3 contracts
Samples: Automatic Self Administered Yrt Reinsurance Agreement (American National Variable Life Separate Account), American National Variable Life Separate Account, American National Variable Life Separate Account
MISSTATEMENT OF AGE OR SEX. 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 sex, the Reinsurer's liability will change proportionately. Reinsurance premiums The face amount of the reinsured policy will be adjusted from the inception of the policy, and any difference in premiums net of allowances will be settled without interest.
Appears in 3 contracts
Samples: Reinsurance Agreement (Nationwide VLI Separate Account-7), Reinsurance Agreement (Nationwide Vli Separate Account 4), Reinsurance Agreement (Triple-S Management Corp)
MISSTATEMENT OF AGE OR SEX. 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 sex, the Reinsurer's liability will change proportionatelyaccordingly. Reinsurance premiums The face amount of the reinsured policy will be adjusted from the inception of the policypolicy and the Reinsurer's liability will be calculated on the adjusted face amount, and any difference in premiums net of allowances will be settled without interest.
Appears in 2 contracts
Samples: Automatic Yearly Renewable Term Reinsurance Agreement (Symetra Separate Account Sl), Automatic Yearly Renewable Term Reinsurance Agreement (Symetra Separate Account Sl)
MISSTATEMENT OF AGE OR SEX. In the event of a change in the amount of the Ceding Company's liability on a reinsured policy Policy due to a misstatement of age or sex, the Reinsurer's liability will shall change proportionately. Reinsurance premiums will The specified amount of the Policy shall be adjusted from the inception of the policyPolicy, and any difference will in premiums and considerations paid under this Agreement shall be settled without interest.
Appears in 1 contract
Samples: Reinsurance Agreement (Nationwide VL Separate Account-G)
MISSTATEMENT OF AGE OR SEX. In the event of a change in the amount of the Ceding Company's ’s liability on a reinsured policy due to a misstatement of age or sex, the Reinsurer's ’s liability will change proportionately. Reinsurance premiums The face amount of the reinsured policy will be adjusted from the inception of the policy, and any difference in premiums net of allowances will be settled without interest.
Appears in 1 contract
Samples: Reinsurance Agreement (Nationwide VL Separate Account-G)
MISSTATEMENT OF AGE OR SEX. In the event of a change in the amount of the Ceding Company's Cedent’s liability on a reinsured policy due to a misstatement of age or sex, the Reinsurer's ’s liability will change proportionately. Reinsurance premiums The face amount of the reinsured policy will be adjusted from the inception of the policy, and any difference will be settled without interest.
Appears in 1 contract
Samples: Reinsurance Agreement (New York Life Ins & Annuity Corp Var Univ Life Sep Acc I)
MISSTATEMENT OF AGE OR SEX. In the event of a change in the amount of the Ceding Company's liability on a reinsured policy Policy due to a misstatement of age or sex, the Reinsurer's liability will change proportionately. Reinsurance premiums will be adjusted from the inception of the policy, and any difference will be settled without interestproportionately according to Ceding Company’s procedures for correcting these misstatements.
Appears in 1 contract
Samples: Yearly Renewable Term (Principal National Life Insurance Co Variable Life Separate Account)
MISSTATEMENT OF AGE OR SEX. In the event of a change in the amount of the Ceding Company's ’s liability on a reinsured policy due to a misstatement of age or sex, the Reinsurer's XXXX’s liability will change proportionately. Reinsurance premiums The face amount of the reinsured policy will be adjusted from the inception of the policy, and any difference will be settled without interest.. 9.9
Appears in 1 contract
Samples: Automatic Yrt Reinsurance Agreement (National Variable Life Insurance Account)
MISSTATEMENT OF AGE OR SEX. 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 sex, the Reinsurer's liability will change proportionately. Reinsurance premiums will be adjusted from the inception of the policy, and any difference will be settled without interest.
Appears in 1 contract
Samples: Ge Life & Annuity Assurance Co Ii
MISSTATEMENT OF AGE OR SEX. 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 sex, the ReinsurerREINSURER's liability will change proportionately. Reinsurance premiums The face amount of the reinsured policy will be adjusted from the inception of the policy, and any difference will be settled without interest.
Appears in 1 contract
Samples: Automatic Yrt Reinsurance Agreement (National Variable Life Insurance Account)
MISSTATEMENT OF AGE OR SEX. 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 sex, the Reinsurer's liability will change proportionately. Reinsurance premiums will be adjusted from the inception of the policy, and any difference will be settled without interest.. IDS Succession Select Treaty
Appears in 1 contract
Samples: Automatic Yrt Reinsurance Agreement (Ids Life Variable Life Separate Account)
MISSTATEMENT OF AGE OR SEX. 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 sex, the Reinsurer's liability will change proportionately. Reinsurance premiums will be adjusted from the inception of the policy, and any difference will be settled without interest.. IDSL Succession Select Treaty
Appears in 1 contract
Samples: Automatic Yrt Reinsurance Agreement (Ids Life Variable Life Separate Account)
MISSTATEMENT OF AGE OR SEX. In the event of a change in the amount of the Ceding Company's liability on a reinsured policy an Insurance Policy due to a misstatement of age or sex, the Reinsurer's liability will change proportionately. Reinsurance premiums The face amount of the Insurance Policy will be adjusted from the inception of the policyInsurance Policy, and any difference will be settled without interest.
Appears in 1 contract
Samples: Renewable Term Reinsurance Agreement (Protective Variable Life Separate Account)
MISSTATEMENT OF AGE OR SEX. In the event of a change in the amount of the Ceding Company's ’s liability on a reinsured policy due to a misstatement of age or sex, the Reinsurer's ’s liability will change proportionately. Reinsurance premiums The face amount of the reinsured policy will be adjusted from the inception of the policy, and any difference will be settled without interest.
Appears in 1 contract
Samples: Yrt Reinsurance Agreement (American National Variable Life Separate Account)
MISSTATEMENT OF AGE OR SEX. 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 sex, the Reinsurer's liability will change proportionately. Reinsurance premiums The face amount of the reinsured policy will be adjusted from the inception of the policy, and any difference will be settled without interest.
Appears in 1 contract
Samples: Yrt Reinsurance Agreement (American National Variable Life Separate Account)
MISSTATEMENT OF AGE OR SEX. In the event of a change in the amount of the Ceding Company's CEDING COMPANY’S liability on a reinsured policy due to a misstatement of age or sex, the Reinsurer's REINSURER’S liability will change proportionately. Reinsurance premiums The face amount of the reinsured policy will be adjusted from the inception of the policy, and any difference will be settled without interest.
Appears in 1 contract
Samples: Automatic Reinsurance Agreement (Separate Account Fp of Axa Equitable Life Insurance Co)
MISSTATEMENT OF AGE OR SEX. In the event of a change in the amount of the Ceding Company's ’s liability on a reinsured policy an Insurance Policy due to a misstatement of age or sex, the Reinsurer's ’s liability will change proportionately. Reinsurance premiums The face amount of the Insurance Policy will be adjusted from the inception of the policyInsurance Policy, and any difference will be settled without interest.
Appears in 1 contract
Samples: Renewable Term Reinsurance Agreement (Protective Variable Life Separate Account)
