Common use of Reinstatement of a Delinquent Statement Clause in Contracts

Reinstatement of a Delinquent Statement. The Ceding Company may reinstate the terminated risks within sixty (60) days after the effective date of termination by paying the unpaid reinsurance premiums, including the interest penalty as defined above, for the risks in force prior to the termination. However, the Reinsurer shall not be liable for any claim incurred between the date of termination and reinstatement. The effective date of reinstatement shall be the day the Reinsurer receives the required back premiums and any assessed interest.

Appears in 9 contracts

Samples: Assignment, Transfer and Novation Agreement (Ameritas Variable Separate Account V), Coinsurance Agreement (Thrivent Variable Life Account I), Coinsurance Agreement (Kansas City Life Insurance Co)

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Reinstatement of a Delinquent Statement. The Ceding Company Cedent may reinstate the terminated risks within sixty (60) days after the effective date of termination by paying the unpaid reinsurance premiums, including the interest penalty as defined above, Reinsurance Premiums for the risks in force prior to the termination. However, the Reinsurer shall will not be liable for any claim incurred between the date of termination and reinstatement. The effective date of reinstatement shall will be the day the that Reinsurer receives the required back premiums and any assessed interestReinsurance Premiums.

Appears in 8 contracts

Samples: Reinsurance Agreement (New York Life Ins & Annuity Corp Var Univ Life Sep Acc I), Reinsurance Agreement (New York Life Ins & Annuity Corp Var Univ Life Sep Acc I), Reinsurance Agreement (New York Life Ins & Annuity Corp Var Univ Life Sep Acc I)

Reinstatement of a Delinquent Statement. The Ceding Company may reinstate the terminated risks within sixty (60) days after the effective date of termination by paying the unpaid reinsurance premiums, including the interest penalty as defined above, premiums for the risks in force prior to the termination. However, the Reinsurer shall will not be liable for any claim incurred between the date of termination and reinstatement. The effective date of reinstatement shall will be the day the Reinsurer receives date the required back premiums and any assessed interestare received.

Appears in 7 contracts

Samples: Reinsurance Agreement (Hartford Life & Annuity Insurance Co Sep Account Vl I), Reinsurance Agreement (Hartford Life & Annuity Insurance Co Sep Account Vl I), Reinsurance Agreement (Hartford Life & Annuity Insurance Co Sep Account Vl I)

Reinstatement of a Delinquent Statement. The Ceding Company may reinstate the terminated risks within sixty (60) sixty days after the effective date of termination by paying the unpaid reinsurance premiums, including the interest penalty as defined above, premiums for the risks in force prior to the termination. However, the Reinsurer shall will not be liable for any claim incurred between the date of termination and reinstatement. The effective date of reinstatement shall will be the day the Reinsurer receives date the required back premiums and any assessed interestare received.

Appears in 6 contracts

Samples: Reinsurance Agreement (Separate Account Vl I of Hartford Life Insurance Co), Reinsurance Agreement (Hartford Life & Annuity Insurance Co Sep Account Vl I), Reinsurance Agreement (Separate Account Vl I of Hartford Life Insurance Co)

Reinstatement of a Delinquent Statement. The Ceding Company may reinstate the terminated risks within sixty (60) days after the effective date of termination by paying the unpaid reinsurance premiums, including the interest penalty as defined above, premiums for the risks in force prior to the termination. However, the Reinsurer shall will not be liable for any claim incurred between the date of termination and reinstatement. The effective date of reinstatement shall will be the day the Reinsurer receives date the required back premiums and any assessed interestare received.

Appears in 4 contracts

Samples: Reinsurance Agreement Effective December (Hartford Life & Annuity Insurance Co Sep Account Vl I), Reinsurance Agreement (Hartford Life Insurance Co Separate Account Vl Ii), Reinsurance Agreement (Separate Account Vl I of Hartford Life Insurance Co)

Reinstatement of a Delinquent Statement. The Ceding Company may reinstate the terminated risks within sixty (60) calendar days after the effective date of termination by paying the unpaid reinsurance premiums, including the interest penalty as defined above, for the risks in force prior to the termination. However, the Reinsurer shall not be liable for any claim incurred between the date of termination and reinstatement. The effective date of reinstatement shall be the day the Reinsurer receives the required back premiums and any assessed interest.

Appears in 4 contracts

Samples: Yrt Agreement (Nationwide Provident Vli Separate Account A), Yrt Agreement (Nationwide Provident Vli Separate Account 1), Yrt Agreement (Nationwide Provident Vli Separate Account 1)

Reinstatement of a Delinquent Statement. The Ceding Company may reinstate the terminated risks within sixty (60) sixty days after the effective date of termination by paying the unpaid reinsurance premiums, including the interest penalty as defined above, premiums for the risks in force prior to the termination. However, the Reinsurer shall will not be liable for any claim incurred between the date of termination and reinstatement. The effective date of reinstatement shall will be the day the Reinsurer receives the required back premiums and any assessed interest.

Appears in 4 contracts

Samples: Reinsurance Agreement Effective December (Hartford Life & Annuity Ins Co Separate Acount Vlii), Automatic and Facultative Yearly Renewable Term Reinsurance Agreement (Hartford Life Insurance Co Separate Account Vl Ii), Reinsurance Agreement Effective December (Hartford Life Insurance Co Separate Account Vl Ii)

Reinstatement of a Delinquent Statement. The Subject to the approval of the Reinsurer, the Ceding Company may reinstate the terminated risks within sixty (60) sixty days after the effective date of termination by paying the unpaid reinsurance premiums, including the interest penalty as defined above, premiums for the risks in force prior to the termination. However, the Reinsurer shall will not be liable for any claim incurred between the date of termination and reinstatement. The effective date of reinstatement shall will be the day the Reinsurer receives date the required back premiums and any assessed interestare received.

Appears in 2 contracts

Samples: Automatic and Facultative Yearly Renewable Term Reinsurance Agreement (Hartford Life & Annuity Ins Co Separate Acount Vlii), Automatic and Facultative Yearly Renewable Term Reinsurance Agreement (Hartford Life Insurance Co Separate Account Vl Ii)

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Reinstatement of a Delinquent Statement. The Ceding Company Cedent may reinstate the terminated risks within sixty (60) days after the effective date of termination by paying the unpaid reinsurance premiums, including the interest penalty as defined above, Reinsurance Premiums for the risks in force prior to the termination. However, the Reinsurer shall will not be liable for any claim incurred between the date of termination and reinstatement. The effective date of reinstatement shall will be the day the Reinsurer receives receive the required back premiums and any assessed interestReinsurance Premiums.

Appears in 2 contracts

Samples: Automatic (New York Life Ins & Annuity Corp Var Univ Life Sep Acc I), Reinsurance Agreement (New York Life Ins & Annuity Corp Var Univ Life Sep Acc I)

Reinstatement of a Delinquent Statement. The Ceding Company may reinstate the terminated risks within sixty (60) days after the effective date of termination by paying the unpaid reinsurance premiums, including the interest penalty as defined above, premiums for the risks in force prior to the termination. However, the Reinsurer shall not be liable for any claim incurred between the date of termination and reinstatement. The effective date of reinstatement shall be the day the Ceding Company notifies the Reinsurer receives of its intention to pay all of the required back premiums and any assessed interestdelinquent premiums.

Appears in 2 contracts

Samples: Reinsurance Agreement, Reinsurance Agreement (WRL Series Annuity Account)

Reinstatement of a Delinquent Statement. The Ceding Company may reinstate the terminated risks within sixty (60) days after the effective date of termination by paying the unpaid reinsurance premiums, including the interest penalty as defined above, premiums for the risks in force prior to the terminationtermination as defined in Article V -- B1 above. However, the Reinsurer shall will not be liable for any claim incurred between the date of termination and reinstatement. The effective date of reinstatement shall will be the day the Reinsurer receives date the required back premiums and any assessed interestare received.

Appears in 2 contracts

Samples: Yearly Renewable Term Reinsurance Agreement (Hartford Life & Annuity Insurance Co Sep Account Vl I), Yearly Renewable Term Reinsurance Agreement (Hartford Life & Annuity Insurance Co Sep Account Vl I)

Reinstatement of a Delinquent Statement. The Ceding Company may reinstate the terminated risks within sixty (60) sixty days after the effective date of termination by paying the unpaid reinsurance premiums, including the interest penalty as defined above, premiums for the risks in force prior to the termination. However, the Reinsurer shall will not be liable for any claim incurred between the date of termination and reinstatement. The effective date of reinstatement shall will be the day the Reinsurer receives the required back premiums and any assessed interest.. Last Survivor Excess Pool Between HLAIC and Transamerica Effective 01/01/02

Appears in 1 contract

Samples: Automatic and Facultative Yearly Renewable Term Reinsurance Agreement (Hartford Life & Annuity Ins Co Separate Acount Vlii)

Reinstatement of a Delinquent Statement. The Ceding Company may reinstate the terminated risks within sixty (60) days after the effective date of termination by paying the unpaid reinsurance premiums, including the interest penalty as defined above, premiums for the risks in force prior to the termination. However, the Reinsurer shall will not be liable for any claim incurred between the date of termination and reinstatement. The effective date of reinstatement shall will be the day the Reinsurer receives date the required back premiums and any assessed interestare received.

Appears in 1 contract

Samples: Automatic and Facultative Yearly Renewable Term Reinsurance Agreement (Hartford Life Insurance Co Separate Account Vl Ii)

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