Common use of SUBSEQUENT MINIMUM Clause in Contracts

SUBSEQUENT MINIMUM. If the subsequent amount of life reinsurance net amount at risk falls below the minimum amount stated in Schedule A on any policy, as of that date all of the life reinsurance on that policy shall terminate.

Appears in 12 contracts

Samples: Assignment, Transfer and Novation Agreement (Ameritas Variable Separate Account V), Coinsurance Agreement (Kansas City Life Insurance Co), Coinsurance Agreement (Cuna Mutual Variable Life Insurance Account)

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SUBSEQUENT MINIMUM. If the subsequent amount of life reinsurance net amount at risk falls below the minimum amount stated in Schedule A on any policy, as of that date all of the life reinsurance provided by this Agreement on that policy shall terminate.

Appears in 1 contract

Samples: Reinsurance Agreement (Ameritas Variable Separate Account V)

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