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 sixty (60) days of its effective date.
Appears in 2 contracts
Samples: Yearly Renewable Term Reinsurance Agreement (American National Variable Life Separate Account), Automatic Yrt Reinsurance Agreement (Ids Life Variable Life Separate Account)
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 attempt to advise the Reinsurer of any such change within sixty (60) days of its effective date.
Appears in 2 contracts
Samples: Reinsurance Agreement (Ids Life Variable Life Separate Account), Reinsurance Agreement (Ids Life Variable Life Separate Account)
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 willshall, upon receipt of notification of the change, provide appropriately adjusted reinsurance coverage in accordance with the provisions of this Agreementcoverage. The Ceding Company will shall notify the Reinsurer of any such change within change, not more than sixty (60) days of after its effective date.
Appears in 2 contracts
Samples: Reinsurance Agreement (Nationwide VLI Separate Account-7), Reinsurance Agreement (Vel Ii Account of Allmerica Financial Life Ins & Ann Co)
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 advise the Reinsurer of any such change within sixty (60) days of its effective date.
Appears in 2 contracts
Samples: Reinsurance Agreement (Ids Life of New York Account 8), Reinsurance Agreement (Ids Life Variable Life Separate Account)
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 sixty (60) 60 days of its effective date.
Appears in 1 contract
Samples: Reinsurance Agreement (Ge Life & Annuity Assurance Co Ii)
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 shall advise the Reinsurer of any such change within sixty (60) days of its effective date.
Appears in 1 contract
Samples: Reinsurance Agreement (Ids Life Variable Life Separate Account)
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 In accordance with the provisions of this Agreement. The Ceding Company will notify the Reinsurer of any such change within sixty (60) 60 days of its effective date.
Appears in 1 contract
