Premium Collection. The Service Provider shall xxxx and collect all premiums due under the Reinsured Policies, return any unearned premiums or other premiums to be refunded, and reconcile amounts paid with returned billing statements or other remittance media. The Service Provider shall update the contract owner master records and all other records to reflect payments received.
Appears in 3 contracts
Samples: Administrative Services Agreement (Jackson VFL Variable Annuity Separate Account), Administrative Services Agreement (Jackson VFL Variable Life Separate Account), Administrative Services Agreement (Jackson VFL Variable Annuity Separate Account)
Premium Collection. The Service Provider shall xxxx bxxx and collect all premiums due under the Reinsured Policies, return any unearned premiums or other premiums to be refunded, and reconcile amounts paid with returned billing statements or other remittance media. The Service Provider shall update the contract owner master records and all other records to reflect payments received.
Appears in 2 contracts
Samples: Purchase Agreement (Intramerica Variable Annuity Account), Purchase Agreement (Charter National Variable Annuity Account)
