RATES APPLICABLE TO INCREASES. First year reinsurance premium rates shall apply to the amount of any contractual or non-contractual increase that is granted provided that the Company’s full new business underwriting rules are applied to such increases.
Appears in 4 contracts
Samples: Reinsurance Agreement (John Hancock Life Insurance Co of New York Separate Account B), Reinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account A), Reinsurance Agreement (John Hancock Life Insurance Co of New York Separate Account B)
RATES APPLICABLE TO INCREASES. First year reinsurance premium rates shall apply to the amount of any contractual or non-contractual increase that is granted provided that the Company’s full new business underwriting rules are applied to such increases. For increases that results in a change in band, the reinsurance premium rates will be based on the rates of the new band, if applicable.
Appears in 4 contracts
Samples: Reinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account A), Reinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account A), Reinsurance Agreement (John Hancock Life Insurance Co of New York Separate Account B)
