MISSTATEMENT OF AGE OR SEX. In the event of a change in the amount payable under a Reinsured Policy due to a misstatement in age or sex, the Reinsurer’s liability will change proportionately. The Reinsured Policy will be rewritten from commencement on the basis of the adjusted amounts using premiums and amounts at risk for the correct ages and sex, and the proper adjustment for the difference in reinsurance premiums, without interest, will be made.
Appears in 8 contracts
Samples: Reinsurance Agreement, Reinsurance Agreement (Allstate Assurance Co Variable Life Separate Account), Reinsurance Agreement (Allstate Life of N Y Var Life Sep Acct A)
MISSTATEMENT OF AGE OR SEX. In the event of a change in the amount payable under a Reinsured Policy due to a misstatement in age or sex, the Reinsurer’s 's liability will change proportionately. The Reinsured Policy will be rewritten from commencement on the basis of the adjusted amounts using premiums and amounts at risk for the correct ages and sex, and the proper adjustment for the difference in reinsurance premiums, without interest, will be made.
Appears in 4 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 payable under a Reinsured Policy due to a misstatement in age or sex, the Reinsurer’s liability will change proportionately. The Reinsured Policy will be rewritten from commencement on the basis of the adjusted amounts using premiums and amounts at risk for the correct ages and sex, and the proper adjustment for the difference in reinsurance premiums, without interest, will be made.. I414848US-12 (11-01-2011) QT#04028US11 (COLI & BXXx)
Appears in 2 contracts
Samples: Reinsurance Agreement (Nationwide Vli Separate Account 4), Reinsurance Agreement (Nationwide Vli Separate Account 4)
MISSTATEMENT OF AGE OR SEX. In the event of a change in the amount payable under a Reinsured Policy due to a misstatement in age or sex, the Reinsurer’s liability will change proportionately. The Reinsured Policy will be rewritten from commencement on the basis of the adjusted amounts using premiums and amounts at risk for the correct ages and sex, and the proper adjustment for the difference in reinsurance premiums, without interest, will be made.. 196474US-08 ml 20070727 (ODB#I02020US-08) 14
Appears in 2 contracts
Samples: Reinsurance Agreement (Nationwide VL Separate Account-G), Reinsurance Agreement (Nationwide VL Separate Account-G)
MISSTATEMENT OF AGE OR SEX. In the event of a change in the amount payable under a Reinsured Policy due to a misstatement in age or sex, the Reinsurer’s liability will change proportionately. The Reinsured Policy will be rewritten from commencement on the basis of the adjusted amounts using premiums and amounts at risk for the correct ages and sex, and the proper adjustment for the difference in reinsurance premiums, without interest, will be made.. I486326US-14 (02-21-2014) (QT #06655US13)
Appears in 2 contracts
Samples: Reinsurance Agreement (Vericity, Inc.), Reinsurance Agreement (Vericity, Inc.)
MISSTATEMENT OF AGE OR SEX. In the event of a change in the amount payable under a Reinsured Policy due to a misstatement in age or sex, the Reinsurer’s liability will change proportionately. The Reinsured Policy will be rewritten from commencement on the basis of the adjusted amounts using premiums and amounts at risk for the correct ages and sex, and the proper adjustment for the difference in reinsurance premiums, without interest, will be made.. I414849US-12 (11-01-2011) QT#04028US11 (COLI & BXXx)
Appears in 2 contracts
Samples: Reinsurance Agreement (Nationwide Vli Separate Account 4), Reinsurance Agreement (Nationwide Vli Separate Account 4)
MISSTATEMENT OF AGE OR SEX. In the event of a change in the amount payable under a Reinsured Policy due to a misstatement in age or sex, the Reinsurer’s ' s liability will change proportionatelyaccordingly as outlined in the Agreement. The Reinsured Policy will be rewritten from commencement on the basis of the adjusted amounts using premiums and amounts Reinsured Net Amounts at risk Risk for the correct ages and sex, and the proper adjustment for the difference in reinsurance premiums, without interest, will be made.
Appears in 1 contract
Samples: Reinsurance Agreement (Symetra Separate Account Sl)
MISSTATEMENT OF AGE OR SEX. In the event of a change in the amount payable under a Reinsured Policy due to a misstatement in age or sex, the Reinsurer’s liability will change proportionately. The Reinsured Policy will be rewritten from commencement on the basis of the adjusted amounts using premiums and amounts at risk for the correct ages and sex, and the proper adjustment for the difference in reinsurance premiums, without interest, will be made.. ODB# 103515US-09
Appears in 1 contract
Samples: Automatic Yrt Reinsurance Agreement (First Investors Life Level Premium Variable Lif Ins Sep Ac B)
MISSTATEMENT OF AGE OR SEX. In the event of a change in the amount payable under a Reinsured Policy due to a misstatement in age or sex, the Reinsurer’s liability will change proportionately. The Reinsured Policy will be rewritten from commencement on the basis of the adjusted amounts using premiums and amounts at risk for the correct ages and sex, and the proper adjustment for the difference in reinsurance premiums, without interest, will be made.. 1210705BUS-19 101·01 2019) IOT17345US181
Appears in 1 contract
Samples: Reinsurance Agreement (Thrivent Variable Life Account I)
MISSTATEMENT OF AGE OR SEX. In the event of a change in the amount payable under a Reinsured Policy due to a misstatement in age or sex, the Reinsurer’s 's liability will change proportionately. The Reinsured Policy will xxxx be rewritten from commencement on the basis of the adjusted amounts using premiums and amounts at risk for the correct ages and sex, and the proper adjustment for the difference in reinsurance premiums, without interest, will be made.,
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 payable under a Reinsured Policy due to a misstatement in age or sex, the Reinsurer’s 's liability will change proportionately. The Reinsured Policy will be rewritten from commencement on the basis of the adjusted amounts using premiums and amounts at risk for the correct ages and sex, and the proper adjustment for the difference in reinsurance premiums, without interest, will be made.. I453238US-13 (04-01-2013) (QT06269US13)
Appears in 1 contract
Samples: Reinsurance Agreement (American Family Variable Account I)
MISSTATEMENT OF AGE OR SEX. In the event of a change in the amount payable under a Reinsured Policy due to a misstatement in age or sex, the Reinsurer’s liability will change proportionately. The Reinsured Policy will be rewritten from commencement on the basis of the adjusted amounts using premiums and amounts at risk for the correct ages and sex, and the proper adjustment for the difference in reinsurance premiums, without interest, will be made.. 1414665US-12 (06-01-2012) QT#03792US11
Appears in 1 contract
Samples: Reinsurance Agreement (Symetra Resource Variable Account B)
