Risk Classification Changes. If the policyholder requests a substandard table rating reduction or removal of a flat extra, such change will be underwritten by the us in accordance with our standard underwriting guidelines, practices, and procedures for risk selection, as communicated to you at the time of pricing, as well as any subsequent material changes to these guidelines, practices, and procedures that have been consented to in writing by you.
Appears in 3 contracts
Samples: Reinsurance Agreement (Nassau Life Variable Universal Life Account), Reinsurance Agreement (Nassau Life Variable Accumulation Account), Reinsurance Agreement (PHL Variable Accumulation Account)
Risk Classification Changes. If the policyholder requests a substandard table rating reduction or removal of a flat extra, such change will be underwritten by the us in accordance with our standard underwriting guidelines, practices, and procedures for risk selection, as communicated to you at the time of pricing, as well as any subsequent material changes to these guidelines, practices, and procedures that have been consented to in writing by you.
Appears in 1 contract
Samples: Automatic Yrt Reinsurance Agreement (Phlvic Variable Universal Life Account)
Risk Classification Changes. If the policyholder requests a substandard table rating reduction or removal of a flat extra, such change will be underwritten by the us in accordance with our standard underwriting guidelines, practices, and procedures for risk selection, as a communicated to you at the time of pricing, as well as any subsequent material changes to these guidelines, practices, and procedures that have been consented to in writing by you.
Appears in 1 contract
Samples: Reinsurance Agreement (Phlvic Variable Universal Life Account)