Common use of PREMIUM ADJUSTMENT Clause in Contracts

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PREMIUM ADJUSTMENT. Reinsurance The reinsurance premiums for the interval during which the policy was lapsed will be paid to THE REINSURER by THE COMPANYthe Reinsurer on the same basis as the Ceding Company charged its policyholder for the reinstatement.

Appears in 7 contracts

Samples: Yearly Renewable Term Reinsurance Agreement (American National Variable Life Separate Account), Yearly Renewable Term Reinsurance Agreement (National Variable Life Insurance Account), Reinsurance Agreement (Tiaa-Cref Life Separate Account Vli-1)

PREMIUM ADJUSTMENT. Reinsurance premiums for the interval during which the policy was lapsed will be paid to THE REINSURER by THE COMPANYthe Reinsurer on the same basis as the Ceding Company charged its policy owner for the reinstatement.

Appears in 5 contracts

Samples: Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii), Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii), Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii)

PREMIUM ADJUSTMENT. Reinsurance premiums for the interval during which the policy was lapsed will be paid to THE the REINSURER by THE COMPANYon the same basis as the CEDING COMPANY charged its policy owner for the reinstatement.

Appears in 2 contracts

Samples: Reinsurance Agreement (Bma Variable Life Account A), Reinsurance Agreement (Llac Variable Account)

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PREMIUM ADJUSTMENT. Reinsurance premiums for the interval during which the policy was lapsed will be paid to THE REINSURER by THE COMPANY____ on the same basis as CEDING COMPANY charged its policy owner for the reinstatement.

Appears in 1 contract

Samples: Reinsurance Agreement (National Variable Life Insurance Account)

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