AMENDMENT to the REINSURANCE AGREEMENTS (as listed in the attached Agreement Exhibit and hereinafter collectively referred to as the “Agreements”) between THRIVENT FINANCIAL FOR LUTHERANS Appleton, Wisconsin (hereinafter referred to as the “Ceding...Thrivent Variable Insurance Account B • April 26th, 2024 • Life insurance
AMENDMENT to the REINSURANCE AGREEMENTS (as set forth in Schedule A hereto) (the “Agreements”) between THRIVENT FINANCIAL FOR LUTHERANS of Minneapolis, Minnesota (hereinafter, the “Ceding Company”) and GENERAL RE LIFE CORPORATION of Stamford,...Thrivent Variable Insurance Account B • April 26th, 2024 • Life insurance
IT IS HEREBY MUTUALLY AGREED that effective March 23, 2023, the Agreements, as set forth in Schedule A hereto, shall be amended to implement an Express Claims program, consisting of a streamlined claims procedure as outlined below:
AMENDMENT to the REINSURANCE AGREEMENTS (as listed in the attached Agreement Exhibit and hereinafter collectively referred to as the “Agreements”) between THRIVENT FINANCIAL FOR LUTHERANS Appleton, Wisconsin (hereinafter referred to as the “Ceding...Thrivent Variable Insurance Account B • April 26th, 2024 • Life insurance
As of the effective date of this Amendment, the Agreements are hereby subject to the terms and provisions of the Claims Document Reduction Program (“the Program”). The claims provisions of the Agreements notwithstanding, under the Program eligible death claims submitted by the Ceding Company to the Reinsurer are not required to be accompanied by claim papers, beneficiary claimant statements, death certificates, investigative papers and other claims documentation where the policy face amount is $250,000 or less. To be Program eligible: (1) the claim must be non-contestable, non-disputed and non-litigated; (2) the death must occur within the United States, a U.S. Territory or Puerto Rico; (3) a policy accelerated death benefit is not being paid; and (4) a policy living benefit is not being paid or has not been paid.
