Common use of Unearned Premium Clause in Contracts

Unearned Premium. The Company shall take credit, without interest, for any unearned premiums, net of commissions or allowances, arising due to reductions, terminations, lapses, cancellations or death claims, in its account.

Appears in 6 contracts

Samples: Reinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account A), Reinsurance Agreement (John Hancock Life Insurance Co of New York Separate Account B), Reinsurance Agreement (John Hancock Life Insurance Co of New York Separate Account B)

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Unearned Premium. The Company shall take credit, without interest, for any unearned premiums, (net of commissions or allowances), arising due to reductions, terminations, lapses, cancellations or death claims, in its account.

Appears in 3 contracts

Samples: Reinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account A), Reinsurance Agreement (John Hancock Life Insurance Co of New York Separate Account B), Reinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account A)

Unearned Premium. The Company shall take credit, without interest, for any unearned premiums, net of commissions or allowances, arising due to reductions, terminations, lapses, cancellations or death claims, in its account.

Appears in 3 contracts

Samples: Reinsurance Agreement (John Hancock Life Insurance Co of New York Separate Account B), Reinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account A), Reinsurance Agreement (John Hancock Life Insurance Co of New York Separate Account B)

Unearned Premium. The Company shall take credit, without interest, for any unearned premiums, (net of commissions or allowances, if applicable), arising due to reductions, terminations, lapses, cancellations or death claims, in its account.

Appears in 2 contracts

Samples: Reinsurance Agreement (John Hancock Life Insurance Co of New York Separate Account B), Reinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account A)

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Unearned Premium. The Company shall take credit, without interest, for any unearned premiums, (net of commissions or allowances), arising due to reductions, terminations, lapses, cancellations or death claims, in its account.. Xxxx Xxxxxxx’x Reinsurance Agreement No: MH19C07

Appears in 1 contract

Samples: Reinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account A)

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