YRT RATES FOR CONVERSIONS. The policy arising from the conversion shall continue on the same set of YRT rates as used for the original cession using the issue age and duration of the original policy.
Appears in 4 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)
YRT RATES FOR CONVERSIONS. The policy arising from the conversion shall continue on the same set of YRT rates as used for the original cession using the issue age and current duration of the original policy.
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)
YRT RATES FOR CONVERSIONS. The policy arising from the conversion shall continue on the same set of YRT rates as used for the original cession using the issue age and current duration of the original policy. The convertibility period of an STERM policy is on or before the expiry date of the policy.
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)
