Common use of Reinsurance Limits Clause in Contracts

Reinsurance Limits. The Company will not submit a policy to the Reinsurer unless the amount of reinsurance on the policy equals or exceeds the Minimum Initial Reinsurance Limit ceded to the Reinsurer as specified in Exhibit C.

Appears in 4 contracts

Samples: Reinsurance Agreement (Vericity, Inc.), Reinsurance Agreement (Vericity, Inc.), Reinsurance Agreement (Allstate Life of N Y Var Life Sep Acct A)

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Reinsurance Limits. The Company will not submit a policy to the Reinsurer unless the amount of reinsurance on the policy equals or exceeds the Minimum Initial Reinsurance Limit ceded to specified in Exhibit C. A Reinsured Policy will no longer be reinsured when its reinsured Net Amount at Risk (as defined in Exhibit C-1) is less than the Reinsurer as Minimum Final Reinsurance Limit specified in Exhibit C.

Appears in 3 contracts

Samples: Reinsurance Agreement (Thrivent Variable Life Account I), Reinsurance Agreement (Ameritas Variable Separate Account V), Reinsurance Agreement (Nationwide VL Separate Account-G)

Reinsurance Limits. The Company will not submit a policy to the Reinsurer unless the amount of reinsurance on the policy equals or exceeds the Minimum Initial Reinsurance Limit ceded to the Reinsurer as specified in Exhibit C.C. A Reinsured Policy will no longer be reinsured when its reinsured Net Amount at Risk (as defined in Exhibit C-1) is less than the Minimum Final Reinsurance Limit specified in Exhibit C. 196474US-08 ml 20070727 (ODB#I02020US-08) 9

Appears in 2 contracts

Samples: Reinsurance Agreement (Nationwide VL Separate Account-G), Reinsurance Agreement (Nationwide VL Separate Account-G)

Reinsurance Limits. The Company will not submit a policy to the Reinsurer unless the amount of reinsurance on the policy equals or exceeds the Minimum Initial Reinsurance Limit ceded to specified in Exhibit C. A Reinsured Policy will no longer be reinsured when its reinsured Net Amount at Risk fas defined in Exhibit C-1) is less than the Reinsurer as Minimum Final Reinsurance Limit specified in Exhibit C.

Appears in 1 contract

Samples: Reinsurance Agreement (Nationwide VLI Separate Account-7)

Reinsurance Limits. The Company will not submit a policy to the Reinsurer unless the amount of reinsurance on the policy equals or exceeds the Minimum Initial Reinsurance Limit ceded to the Reinsurer as specified in Exhibit C.

Appears in 1 contract

Samples: Reinsurance Agreement (Thrivent Variable Life Account I)

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Reinsurance Limits. The Company will not submit a policy to the Reinsurer unless the amount of reinsurance on the policy equals or exceeds the Minimum Initial Reinsurance Limit ceded to the Reinsurer as specified in Exhibit C.C. ODB# 103515US-09

Appears in 1 contract

Samples: Automatic Yrt Reinsurance Agreement (First Investors Life Level Premium Variable Lif Ins Sep Ac B)

Reinsurance Limits. The Company will not submit a policy to the Reinsurer unless the amount of reinsurance on the policy equals or exceeds the Minimum Initial Reinsurance Limit ceded to the Reinsurer as specified in Exhibit C. A Reinsured Policy will no longer be reinsured when its reinsured Net Amount at Risk (as defined in the applicable Exhibit, and as may be amended from time to time) is less than the Minimum Final Reinsurance Limit ceded to the Reinsurer as specified in Exhibit C.

Appears in 1 contract

Samples: Reinsurance Agreement (Ameritas Variable Separate Account V)

Reinsurance Limits. The Company will not submit a policy to the Reinsurer unless the amount of reinsurance on the policy equals or exceeds the Minimum Initial Reinsurance Limit ceded to the Reinsurer as specified in Exhibit C.C. If the amount of reinsurance on a Reinsured Policy falls below the Minimum Final Reinsurance Limit ceded to the Reinsurer as specified in Exhibit C, the policy will continue to be reinsured but the amount of reinsurance and the Reinsurance Premium will be zero.

Appears in 1 contract

Samples: Reinsurance Agreement (Symetra Separate Account Sl)

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