Termination Because of Non-Payment of Premium. If undisputed reinsurance premiums are delinquent, the Reinsurer has the right to terminate the reinsurance risks on those policies listed on the delinquent monthly statement by giving the Ceding Company ninety (90) days' advance written notice. If the delinquent premiums have not been paid as of the close of the ninety (90) day period, the Reinsurer's liability will terminate for the risks described in the delinquency notice. Regardless of the termination, the Ceding Company will continue to be liable to the Reinsurer for all unpaid reinsurance premiums earned up to the date of termination.
Appears in 5 contracts
Samples: Reinsurance Agreement Effective December (Hartford Life & Annuity Insurance Co Sep Account Vl I), Reinsurance Agreement (Separate Account Vl I of Hartford Life Insurance Co), Reinsurance Agreement (Hartford Life Insurance Co Separate Account Vl Ii)
Termination Because of Non-Payment of Premium. If undisputed reinsurance premiums are delinquent, the Reinsurer has the right to terminate the reinsurance risks on those policies listed on the delinquent monthly statement by giving the Ceding Company ninety (90) ninety days' advance written notice. If the delinquent premiums have not been paid as of the close of the ninety (90) ninety-day period, the Reinsurer's liability will terminate for the risks described in the delinquency notice. 5 Regardless of the termination, the Ceding Company will continue to be liable to the Reinsurer for all unpaid reinsurance premiums earned up to the date of termination.
Appears in 3 contracts
Samples: Reinsurance Agreement (Hartford Life & Annuity Insurance Co Sep Account Vl I), Automatic and Facultative Yearly Renewable Term Reinsurance Agreement (Hartford Life & Annuity Insurance Co Sep Account Vl I), Reinsurance Agreement (Separate Account Vl I of Hartford Life Insurance Co)
Termination Because of Non-Payment of Premium. If undisputed reinsurance premiums are delinquent, the Reinsurer has the right to terminate the reinsurance risks on those policies listed on the delinquent monthly statement by giving the Ceding Company ninety (90) ninety days' advance written notice. If the delinquent premiums have not been paid as of the close of the ninety this (90) ninety-day period, the Reinsurer's liability will terminate for the risks described in the delinquency notice. Regardless of the termination, the Ceding Company will continue to be liable to the Reinsurer for all unpaid reinsurance premiums earned up to the date of termination.
Appears in 3 contracts
Samples: Reinsurance Agreement Effective December (Hartford Life & Annuity Ins Co Separate Acount Vlii), Reinsurance Agreement Effective December (Hartford Life Insurance Co Separate Account Vl Ii), Reinsurance Agreement Effective December (Hartford Life & Annuity Insurance Co Sep Account Vl I)
Termination Because of Non-Payment of Premium. If undisputed reinsurance premiums are delinquent, the Reinsurer has the right to terminate the reinsurance risks on of those policies listed on the delinquent monthly statement by giving the Ceding Company ninety (90) days' days advance written notice. If the delinquent premiums have not been paid as of the close of the ninety (90) ninety-day period, the Reinsurer's liability will terminate for the risks described in the delinquency notice. Regardless of the termination, the Ceding Company will continue to be liable to the Reinsurer for all unpaid reinsurance premiums earned up to the date of termination.
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)
Termination Because of Non-Payment of Premium. If undisputed reinsurance premiums are delinquent, the Reinsurer has the right to terminate the reinsurance risks on those policies listed on the delinquent monthly statement by giving the Ceding Company ninety (90) days' ninety days advance written notice. If the delinquent premiums have not been paid as of the close of the ninety this (90) ninety-day period, the Reinsurer's liability will terminate for the risks described in the delinquency notice. Regardless of the termination, the Ceding Company will continue to be liable to the Reinsurer for all unpaid reinsurance premiums earned up to the date of termination.
Appears in 2 contracts
Samples: Automatic and Facultative Yearly Renewable Term Reinsurance Agreement (Hartford Life & Annuity Ins Co Separate Acount Vlii), Automatic and Facultative Yearly Renewable Term Reinsurance Agreement (Hartford Life Insurance Co Separate Account Vl Ii)
