REDUCTIONS, TERMINATIONS AND CHANGES. Whenever a change is made in the status, plan, amount or other material feature of a policy reinsured under this Agreement, the Reinsurer will, upon receipt of notification of the change, provide adjusted reinsurance coverage in accordance with the provisions of this Agreement. The Ceding Company will notify the Reinsurer of any such change within 60 days of its effective date.
REDUCTIONS, TERMINATIONS AND CHANGES. 1. If there is a contractual or non-contractual replacement or change in the insurance reinsured under this Agreement, where full underwriting evidence according to your regular underwriting rules is not required, the insurance will continue to be reinsured with us provided it meets the initial minimum amount stated in Schedule A.
REDUCTIONS, TERMINATIONS AND CHANGES. Whenever a change is made in the status, plan, amount or other material feature of a policy reinsured under this Agreement, the Reinsurer will, upon receipt of notification of the change, provide adjusted reinsurance coverage in accordance with the provisions of this Agreement. The Company will notify the Reinsurer of any such change with the next statement following the month in which the change was made.
REDUCTIONS, TERMINATIONS AND CHANGES. 1. A. If in accordance with policy provisions the original policy is converted to permanent life insurance, the life risk under the converted policy which exceeds the amount of risk originally retained by the CEDING COMPANY shall continue to be reinsured with BMA.
REDUCTIONS, TERMINATIONS AND CHANGES. 1. If there is a contractual or non-contractual replacement or change in the insurance reinsured under this Agreement where full medical underwriting evidence according to Cedent's regular underwriting rules is not required, the insurance will continue to be reinsured with Reinsurer.
REDUCTIONS, TERMINATIONS AND CHANGES. A. Replacement or Change If there is a contractual change, the insurance will continue to be reinsured with the Reinsurer at point-in-scale rates. Exchanges from one single life plan reinsured under this Agreement to a different single life plan will be reinsured at point-in-scale rates. An exchange is a new policy replacing an existing policy where the new policy is not fully underwritten.
REDUCTIONS, TERMINATIONS AND CHANGES. A. Replacement or Change If there is a contractual change, or non-contractual replacement of the insurance reinsured under this Agreement where full underwriting evidence according to the Ceding Company's regular underwriting rules is not required, the insurance may continue to be reinsured with the Reinsurer at point in scale rates provided it meets the minimum reinsurance cession amount stated in Schedule A.
REDUCTIONS, TERMINATIONS AND CHANGES. A. Replacement or Change If there is a contractual change, the insurance will continue to be reinsured with the Reinsurer at joint life point-in-scale rates. Exchanges from one last survivor plan reinsured under this Agreement to a different last survivor plan will be reinsured at joint life point-in-scale rates. Exchanges from one last survivor plan reinsured under this Agreement with the Last Survivor Exchange Option Rider (24) or Twenty Four Month Exchange Rider to two single life plans will be reinsured at single life point-in-scale rates. An exchange is a new policy replacing an existing policy where the new policy is not fully underwritten.
REDUCTIONS, TERMINATIONS AND CHANGES. A. If there is a contractual or non-contractual replacement or change in the insurance reinsured under this Agreement, the insurance shall continue to be reinsured with the Reinsurer.
REDUCTIONS, TERMINATIONS AND CHANGES. If there is a contractual change where no underwriting is obtained, the insurance will continue to be reinsured with the Reinsurer at point-in-scale rates.