Common use of Non-Routine Claims Expenses Clause in Contracts

Non-Routine Claims Expenses. The Reinsurer will participate in non-routine claims expenses, defined as the Allocated Retention Pool -- Effective 10/1/2008 Between HLIC and Swiss Re expenses incurred by the Ceding Company in connection with the Contest, or potential Contest, of a claim. These non-routine claims expenses may include court costs and investigation, autopsy and legal expenses; they would not include the compensation of salaried officers and employees of the Ceding Company. However, if the Reinsurer declines to participate in the Contest of a claim as described above in Paragraph D.3, the Reinsurer will not share in any non-routine expenses for the claim that are incurred after the date of the Reinsurer's release.

Appears in 3 contracts

Samples: Reinsurance Agreement (Separate Account Vl I of Hartford Life Insurance Co), Reinsurance Agreement (Hartford Life & Annuity Insurance Co Sep Account Vl I), Reinsurance Agreement (Hartford Life & Annuity Ins Co Separate Acount Vlii)

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Non-Routine Claims Expenses. The Reinsurer will participate in non-routine claims expenses, defined as the Allocated Retention Pool -- Effective 10/1/2008 Between HLIC ILA and Swiss Re expenses incurred by the Ceding Company in connection with the Contest, or potential Contest, of a claim. These non-routine claims expenses may include court costs and investigation, autopsy and legal expenses; they would not include the compensation of salaried officers and employees of the Ceding Company. However, if the Reinsurer declines to participate in the Contest of a claim as described above in Paragraph D.3, the Reinsurer will not share in any non-routine expenses for the claim that are incurred after the date of the Reinsurer's release.

Appears in 2 contracts

Samples: Reinsurance Agreement (Hartford Life & Annuity Insurance Co Sep Account Vl I), Reinsurance Agreement (Hartford Life & Annuity Ins Co Separate Acount Vlii)

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