Common use of Policy Account Reserve Clause in Contracts

Policy Account Reserve. The total Statutory Reserve liability for each Policy relating to the assets held in the Policy Account pursuant to Section 5.02(a) shall be shown by the Company on its Separate Account balance sheets, consistent with SAP.

Appears in 4 contracts

Samples: Coinsurance Agreement (Jackson VFL Variable Annuity Separate Account), Coinsurance Agreement (Jackson VFL Variable Annuity Separate Account), Coinsurance Agreement (Jackson VFL Variable Life Separate Account)

AutoNDA by SimpleDocs

Policy Account Reserve. The total Policy Account Statutory Reserve liability for each Policy relating to the assets held in the Policy Account pursuant to Section 5.02(aArticle VI(B)(1) shall be shown by the Company on its Separate Account balance sheets, consistent with SAP.

Appears in 2 contracts

Samples: Purchase Agreement (Intramerica Variable Annuity Account), Purchase Agreement (Charter National Variable Annuity Account)

AutoNDA by SimpleDocs

Policy Account Reserve. The total Policy Account Statutory Reserve liability for each Policy relating to the assets held in the Policy Account pursuant to Section 5.02(a5.2(a) reinsured on a modified coinsurance basis shall be shown by the Company on its Separate Account balance sheets, consistent with SAP.

Appears in 1 contract

Samples: Coinsurance Agreement (United of Omaha Separate Account C)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!