Common use of Variable Annuitization Claims Clause in Contracts

Variable Annuitization Claims. It is the intention of the parties that Reinsurance Claims will reflect any loss incurred by Ceding Company, including mortality losses, relating to Reinsured Contracts in a variable annuitization status. Conversely, Reinsurance Claims will also reflect any gains realized by Ceding Company related to variable annuitization.

Appears in 6 contracts

Samples: Service Agreement and Indemnity Combination Coinsurance Agreement (Hancock John Variable Annuity Account Jf), Service Agreement (Hancock John Variable Annuity Account Jf), Service Agreement and Indemnity Combination Coinsurance Agreement (Hancock John Variable Annuity Account H)

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