Common use of YRT REINSURANCE Clause in Contracts

YRT REINSURANCE. This Agreement including the attached Schedules states the terms and conditions of automatic reinsurance which shall be on a yearly renewable term basis. This Agreement is applicable only to reinsurance of policies directly written by CEDING COMPANY. Any policies acquired through merger of another company, reinsurance, or purchase of another company's policies are not included under the terms of this Agreement.

Appears in 1 contract

Samples: Reinsurance Agreement (National Variable Life Insurance Account)

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YRT REINSURANCE. This Agreement including the attached Schedules states the terms and conditions of automatic reinsurance which shall be on a yearly renewable term basis. This Agreement is applicable only to reinsurance of policies directly written by CEDING COMPANY, or directly written by Life of the Southwest and reinsured by CEDING COMPANY. Any policies acquired through merger of another company, reinsurance, or purchase of another company's policies are not included under the terms of this Agreement.

Appears in 1 contract

Samples: Reinsurance Agreement (National Variable Life Insurance Account)

YRT REINSURANCE. This Agreement including the attached Schedules states the terms and conditions of automatic facultative reinsurance which shall be on a yearly renewable term basis. This Agreement is applicable only to reinsurance of policies directly written by CEDING COMPANY, or directly written by Life of the Southwest and reinsured by CEDING COMPANY. Any policies acquired through merger of another company, reinsurance, or purchase of another company's policies are not included under the terms of this Agreement.

Appears in 1 contract

Samples: Renewable Term Reinsurance Agreement (National Variable Life Insurance Account)

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YRT REINSURANCE. This Agreement including the attached Schedules states the terms and conditions of automatic facultative reinsurance which shall be on a yearly renewable term basis. This Agreement is applicable only to reinsurance of policies directly written by CEDING COMPANY. Any policies acquired through merger of another company, reinsurance, or purchase of another company's policies are not included under the terms of this Agreement.

Appears in 1 contract

Samples: Renewable Term Reinsurance Agreement (National Variable Life Insurance Account)

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