Plan of Insurance. The reinsurance shall be on a Modified Coinsurance basis in accordance with the provisions of the original forms submitted to The Guardian and issued by the ceding company. The ceding company shall pay The Guardian monthly premiums net of allowances. The Guardian shall reimburse the ceding company for its share of surrender, death and disability claims.
Appears in 4 contracts
Samples: Reinsurance Agreement (Guardian Separate Acct N of the Guardian Ins & Annuity Co), Reinsurance Agreement (Guardian Separate Account K), Reinsurance Agreement (Guardian Separate Account K)