Common Contracts
1 similar Cession Agreement contracts
Cession agreement template freeCession Agreement • August 6th, 2023
BusinessWhen the financial risk is too much for your company to handle, what will you do? A lot of people would probably tell you to stop your business. However, only a few know that the only way to do it right is to have it ceded and transferred to a reinsurance company. Ceding a portion of the company’s obligation to a reinsurer requires trust and conviction that the other party would pay the claims it accepts. But more than that, it demands your business to put such an arrangement into writing.
