Return of Premium for Misrepresentations and Suicides. If a misrepresentation on an application or a death of an insured risk by suicide results in the Ceding Company returning the policy premiums to the policy owner rather than paying the policy benefits, the Reinsurer will refund all of the reinsurance premiums it received on that policy to the Ceding Company. This refund given by the Reinsurer will be in lieu of all other reinsurance benefits payable on that policy under this Agreement.
Appears in 15 contracts
Samples: Reinsurance Agreement Effective December (Hartford Life Insurance Co Separate Account Vl Ii), Reinsurance Agreement (Hartford Life & Annuity Insurance Co Sep Account Vl I), Reinsurance Agreement Effective December (Hartford Life & Annuity Insurance Co Sep Account Vl I)
Return of Premium for Misrepresentations and Suicides. If a misrepresentation or misstatement on an application or a death of an insured risk by suicide results in the Ceding Company returning the policy premiums to the policy owner rather than paying the policy benefits, the Reinsurer will refund all of the reinsurance premiums it received on that policy to the Ceding Company. This refund given by the Reinsurer will be in lieu of all other reinsurance benefits payable on that policy under this Agreement.
Appears in 11 contracts
Samples: Reinsurance Agreement (Hartford Life & Annuity Insurance Co Sep Account Vl I), Reinsurance Agreement (Hartford Life & Annuity Insurance Co Sep Account Vl I), Automatic Yearly Renewable Term (Separate Account Vl I of Hartford Life Insurance Co)
Return of Premium for Misrepresentations and Suicides. 1. If a misrepresentation misrepresentation, misstatement, or omission on an application application, or a the death of an insured risk by suicide suicide, results in the Ceding Company returning the policy premiums (or monthly deductions) to the policy owner rather than paying the policy benefitsdeath benefits under a risk reinsured under this Agreement, the Reinsurer will shall refund to the Ceding Company all of the reinsurance premiums Reinsurance Premiums it received on that policy to the Ceding Companycoverage without interest. This refund given paid by the Reinsurer will shall be in lieu of any and all other reinsurance benefits payable on that policy risk under this Agreement.
Appears in 9 contracts
Samples: Renewable Term Reinsurance Agreement (Hartford Life Insurance Co Separate Account Vl Ii), Automatic and Facultative Monthly Renewable Term Reinsurance Agreement (Hartford Life Insurance Co Separate Account Vl Ii), Renewable Term Reinsurance Agreement (Hartford Life & Annuity Ins Co Separate Acount Vlii)
Return of Premium for Misrepresentations and Suicides. If a misrepresentation on an application or a death of an insured risk by suicide results in the Ceding Company returning the policy premiums to the policy owner rather than paying the policy benefits, the Reinsurer will refund all of the reinsurance premiums it received on that policy to the Ceding Company. This refund given by the Reinsurer will be in lieu of all other reinsurance benefits payable on that policy under this Agreement.. Single Life Excess Pool Between HLAIC and Transamerica Effective 11/01/2002 Fac / 12/01/2002 Auto
Appears in 2 contracts
Samples: Reinsurance Agreement Effective December (Hartford Life & Annuity Ins Co Separate Acount Vlii), Reinsurance Agreement Effective December (Hartford Life & Annuity Insurance Co Sep Account Vl I)
Return of Premium for Misrepresentations and Suicides. If a misrepresentation on an application or a death of an insured risk by suicide results in the Ceding Company returning the policy premiums to the policy owner rather than paying the policy benefits, the Reinsurer will refund all of the reinsurance premiums it received on that policy to the Ceding CompanyCompany without interest. This refund given by the Reinsurer will be in lieu of all other reinsurance benefits payable on that policy under this Agreement.
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)
Return of Premium for Misrepresentations and Suicides. If a misrepresentation on an application or a death of an insured risk by suicide results in the Ceding Company returning the policy premiums to the policy owner rather than paying the policy benefits, the Reinsurer will refund all of the reinsurance premiums it received on that policy to the Ceding Company. This refund given by the Reinsurer will be in lieu of all other reinsurance benefits payable on that policy under this Agreement.. Single Life Excess Pool Between HLIC and Transamerica Effective 11/01/2002 Fac / 12/01/2002 Auto
Appears in 1 contract
Samples: Reinsurance Agreement Effective December (Hartford Life Insurance Co Separate Account Vl Ii)
