Common use of RETENTION OF THE CEDING COMPANY Clause in Contracts

RETENTION OF THE CEDING COMPANY. The type and amount of the Ceding Company's retention on any one life is as shown in Schedule I. In determining the amounts at risk in each case, any additional death benefits on the same life (e.g. additional term insurance or family income benefits) will be taken into account, as will the amounts at risk under any other existing policies, at the time of commencement, of the policy ceded under this Agreement. The Ceding Company may alter its retention in respect of future new business at any time. The Ceding Company will promptly notify the Reinsurer of such alteration and its effective date.

Appears in 4 contracts

Samples: Risk Premium Reinsurance Agreement (Life Insurance Separate Account of Usaa Life Insurance Co), Reinsurance Agreement (National Variable Life Insurance Account), Automatic and Facultative Yrt Reinsurance Agreement (Canada Life of America Variable Life Account 1)

AutoNDA by SimpleDocs

RETENTION OF THE CEDING COMPANY. The type and amount of the Ceding Company's retention on any one life is as shown in Schedule I. II. In determining the amounts at risk in each case, any additional death benefits on the same life (e.g. additional term insurance or family income benefits) will be taken into account, as will the amounts at risk under any other existing policies, at the time of commencement, of the policy ceded under this Agreement. The Ceding Company may alter its retention in respect of future new business at any time. The Ceding Company will promptly notify the Reinsurer of such alteration and its effective date.

Appears in 4 contracts

Samples: Reinsurance Agreement (Jackson National Separate Account Iv), Automatic and Facultative Yrt Reinsurance Agreement (Jnlny Separate Account Iv), Reinsurance Agreement (Jackson National Separate Account Iv)

RETENTION OF THE CEDING COMPANY. The type and amount of the Ceding Company's ’s retention on any one life is as shown in Schedule I. In determining the amounts at risk in each case, any additional death benefits on the same life (e.g. additional term insurance or family income benefits) will be taken into account, as will the amounts at risk under any other existing policies, at the time tune of commencement, of the policy ceded under this Agreement. The Ceding Company may alter its retention in respect of future new business at any timetune. The Ceding Company will promptly notify the Reinsurer of such alteration and its effective date.

Appears in 3 contracts

Samples: Coinsurance Reinsurance Agreement (Symetra Financial CORP), Coinsurance Reinsurance Agreement (Symetra Financial CORP), Coinsurance Reinsurance Agreement (Symetra Financial CORP)

RETENTION OF THE CEDING COMPANY. The type and amount of the Ceding Company's ’s retention on any one life is as shown in Schedule I. In determining the amounts at risk in each case, any additional death benefits on the same life (e.g. additional term insurance or family income benefits) will be taken into account, as will the amounts at risk under any other existing policies, at the time of commencement, of the policy ceded under this Agreement. The Ceding Company may alter its retention in respect of future new business at any time. The Ceding Company will promptly notify the Reinsurer of such alteration and its effective date.

Appears in 2 contracts

Samples: Reinsurance Treaty (Life Investors Variable Life Account A), Reinsurance Agreement (Union Security Insurance Co Variable Account C)

RETENTION OF THE CEDING COMPANY. The type and amount of the Ceding Company's ’s retention on any one life is as shown in Schedule I. II. In determining the amounts at risk in each case, any additional death benefits on the same life (e.g. additional term insurance or family income benefits) will be taken into account, as will the amounts at risk under any other existing policies, at the time of commencement, of the policy ceded under this Agreement. The Ceding Company may alter its retention in respect of future new business at any time. The Ceding Company will promptly notify the Reinsurer of such alteration and its effective date.

Appears in 1 contract

Samples: Automatic and Facultative Yrt Reinsurance Agreement (Farm Bureau Life Variable Account)

RETENTION OF THE CEDING COMPANY. The type and amount of the Ceding Company's retention on any one life is as shown in Schedule I. II. In determining the amounts at risk in retention on each case, any additional death benefits on the same life (e.g. additional term insurance or family income benefits) will be taken into account, as will the amounts at risk death benefit under any other policies existing policies, at the time of commencement, commencement of the policy ceded under this Agreement. The Ceding Company may alter change its retention in with respect of to future new business at any time. The Ceding Company will promptly notify the Reinsurer of such alteration change and its effective date.

Appears in 1 contract

Samples: Reinsurance Agreement (Minnesota Life Individual Variable Universal Life Account)

RETENTION OF THE CEDING COMPANY. The type and amount of the Ceding Company's retention on any one life is as shown in Schedule I. II. In determining the all reinsured face amounts at risk in each case, any additional death benefits on the same life (e.g. additional term insurance or family income benefits) will be taken into account, as will the all reinsured face amounts at risk under any other existing policies, at the time of commencement, of the policy ceded under this Agreement. The Ceding Company may alter its retention in respect of future new business at any time. The Ceding Company will promptly notify the Reinsurer of such alteration and its effective date.

Appears in 1 contract

Samples: Automatic and Facultative Coinsurance Reinsurance Agreement (Cuna Mutual Variable Life Insurance Account)

AutoNDA by SimpleDocs

RETENTION OF THE CEDING COMPANY. The type and amount of the Ceding Company's retention on any one life is as shown in Schedule I. In determining the amounts at risk in each case, any additional death benefits on the same life (e.g. additional term insurance or family income benefits) will be taken into account, as will the amounts at risk under any other existing policies, at the time of commencement, . of the policy ceded under this Agreement. The Ceding Company may alter its retention in respect of future new business at any time. The Ceding Company will promptly notify the Reinsurer of such alteration and its effective date.

Appears in 1 contract

Samples: Reinsurance Agreement (Ameritas Variable Separate Account V)

RETENTION OF THE CEDING COMPANY. The type and amount of the Ceding Company's ’s retention on any one life is as shown in Schedule I. In determining the all reinsured face amounts at risk in each case, any additional death benefits on the same life (e.g. e .g. additional term insurance or family income benefits) will be taken into account, as will the all reinsured face amounts at risk under any other existing policies, at the time of commencement, of the policy ceded under this Agreement. The Ceding Company may alter its retention in respect of future new business at any time. The Ceding Company will promptly notify the Reinsurer of such alteration and its effective date.

Appears in 1 contract

Samples: Automatic and Facultative Coinsurance Reinsurance Agreement (Kansas City Life Insurance Co)

RETENTION OF THE CEDING COMPANY. The type and amount of the Ceding Company's ’s retention on any one life is as shown in Schedule I. II. In determining the all reinsured face amounts at risk in each case, any additional death benefits on the same life (e.g. additional term insurance or family income benefits) will be taken into account, as will the amounts at risk all reinsured face amount under any other existing policies, at the time of commencement, of the policy ceded under this Agreement. The Ceding Company may alter its retention in respect of future new business at any time. The Ceding Company will promptly notify the Reinsurer of such alteration and its effective date.

Appears in 1 contract

Samples: Reinsurance Agreement (Thrivent Variable Life Account I)

RETENTION OF THE CEDING COMPANY. The type and amount of the Ceding Company's retention on any one life is as shown in Schedule I. In determining the amounts at risk in each case, any additional death benefits on the same life (e.g. additional term insurance or family income benefits) will be taken into account, as will the amounts at risk under any other existing policies, at the time of commencement, of the policy ceded under this Agreement. i The Ceding Company may alter its retention in respect of future new business at any time. The Ceding Company will promptly notify the Reinsurer of such alteration and its effective date.

Appears in 1 contract

Samples: Reinsurance Agreement (Carillon Life Account)

Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!