Reductions and Terminations. Reinsurance amounts are calculated in terms of coverages on a “per policy” basis. If the coverage of any Reinsured Policy on an insured is reduced or terminated, reinsurance under this Agreement on such Reinsured Policy will be equally reduced or terminated.
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Samples: Coinsurance Agreement, Coinsurance and Assumption Agreement (Athene Annuity & Life Co), Coinsurance Agreement (Athene Annuity & Life Co)
Reductions and Terminations. Reinsurance amounts are calculated in terms of coverages on a “"per policy” " basis. If the coverage of any Reinsured Policy on an insured is reduced or terminated, reinsurance under this Agreement on such Reinsured Policy will be equally similarly reduced or terminated.
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Samples: Coinsurance and Administration Agreement (Conseco Inc), Administrative Reinsurance Agreement (Unumprovident Corp)
Reductions and Terminations. Reinsurance amounts are calculated in terms of coverages on a “"per policy” " basis. If any of the coverage of any Reinsured Policy Policies on an insured is are reduced or terminated, reinsurance under this Agreement on such Reinsured Policy Policies will be equally reduced or terminatedin proportion to Life Re's Share.
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