Reinsurance Amount. the Policy death benefit at issue less the Retention on the Policy times the percentage of Automatic Reinsurance ceded to Lincoln as specified in the Life Benefits Schedule. For Facultative Reinsurance, the “Reinsurance Amount” is that amount of the Policy death benefit at issue for which SAFECO accepts Lincoln’s offer to reinsure.
Appears in 3 contracts
Samples: Coinsurance Agreement (Symetra Financial CORP), Coinsurance Agreement (Symetra Financial CORP), Coinsurance Agreement (Symetra Financial CORP)
Reinsurance Amount. the Policy death benefit at issue less any accumulative value, if applicable, less the Retention on the Policy times the percentage of Automatic Reinsurance ceded to Lincoln as specified in the Life Benefits Schedule. For Facultative Reinsurance, the “"Reinsurance Amount” " is that amount of the Policy death benefit at issue for which SAFECO Ameritas Variable accepts Lincoln’s 's offer to reinsure.
Appears in 1 contract
Samples: Reinsurance Agreement (Ameritas Variable Separate Account V)
Reinsurance Amount. the Policy death benefit at issue less any accumulative value, if applicable, less the Retention on the Policy times the percentage of Automatic Reinsurance ceded to Lincoln as specified in the Life Benefits Schedule. For Facultative Reinsurance, the “Reinsurance Amount” is that amount of the Policy death benefit at issue for which SAFECO Life Investors accepts Lincoln’s offer to reinsure.
Appears in 1 contract
Samples: Yearly Renewable Term Reinsurance Agreement (Life Investors Variable Life Account A)
