Common use of Request for Payment Clause in Contracts

Request for Payment. For all claims, CEDING COMPANY will submit to REINSURER a request for payment of the Reinsurance Risk Amount as follows: i. For all non-contestable claims and Automatic contestable claims with a death benefit less than or equal to [dollar amount], CEDING COMPANY will send to REINSURER a Proof of Claim which will include: an itemized statement of the benefits paid by CEDING COMPANY, copy of proof of payment by CEDING COMPANY, and insured's death certificate. ii. For Automatic contestable claims between [dollar amount] and [dollar amount], CEDING COMPANY will send to REINSURER a Proof of Claim which will include: an itemized statement of the benefits paid by CEDING COMPANY, copy of proof of payment by CEDING COMPANY, and insured's death certificate. In order to streamline the amount of information sent to all REINSURERS, a copy of the underwriting file and claims investigation information will be provided by CEDING COMPANY only to the Reinsurance Claim Administrator (assigned in paragraph 14(d). below) if all of the following criteria is met: o The insured was a resident of the United States or Canada at the time of death. o There is no evidence of misrepresentation, fraud or other circumstances that would require special claims handling or investigation.

Request for Payment. For all claims, CEDING COMPANY will submit to REINSURER a request for payment of the Reinsurance Risk Amount as follows: i. For all non-contestable claims and Automatic contestable claims with a death benefit less than or equal to [dollar amount]$200,000, CEDING COMPANY will send to REINSURER a Proof of Claim which will include: an itemized statement of the benefits paid by CEDING COMPANY, copy of proof of payment by CEDING COMPANY, and insured's death certificate. ii. For Automatic contestable claims between [dollar amount] and [dollar amount], CEDING COMPANY will send to REINSURER a Proof of Claim which will include: an itemized statement of the benefits paid by CEDING COMPANY, copy of proof of payment by CEDING COMPANY, and insured's death certificate. In order to streamline the amount of information sent to all REINSURERS, a copy of the underwriting file and claims investigation information will be provided by CEDING COMPANY only to the Reinsurance Claim Administrator (assigned in paragraph 14(d). below) if all of the following criteria is met: o The insured was a resident of the United States or Canada at the time of death. o There is no evidence of misrepresentation, fraud or other circumstances that would require special claims handling or investigation.