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 of New York Account 8), Reinsurance Agreement (Riversource Variable Life Separate Account), Reinsurance Agreement (Riversource 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 will According to the policy form, the death benefit shall be adjusted from that which could have been purchased by the inception most recent Cost of Insurance deduction at the policy, and any difference will be settled without interestcorrect age or sex.
Appears in 4 contracts
Samples: Reinsurance Agreement (American National Variable Life Separate Account), Yearly Renewable Term Reinsurance Agreement (American National Variable Life Separate Account), Yearly Renewable Term 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 3 contracts
Samples: Automatic Self Administered Yrt Reinsurance Agreement (American National Variable Life Separate Account), Automatic Self Administered Yrt Reinsurance Agreement (American National Variable Life Separate Account), Automatic Self Administered 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 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: Reinsurance Agreement (Ids Life of New York Account 8), Automatic 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 policy, and any difference will be settled without interest.
Appears in 1 contract
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: 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 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
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 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)
