Policy Continuation Rider definition

Policy Continuation Rider. This rider is automatically added to the policy at issue. This rider is intended to prevent the lapse of highly loaned policies.
Policy Continuation Rider. This rider is automatically added to the policy at issue. This rider is intended to prevent the lapse of highly loaned policies. This is an amendment to the Automatic Yearly Renewable Term Reinsurance Agreement between Hartford Life and Accident Insurance Company, Hartford Life Insurance Company and Hartford Life and Annuity Insurance Company (collectively referred to as the Ceding Company), and Security Life of Denver Insurance Company, (referred to as the Reinsurer), dated December 1, 2002. The parties agree to the following: Effective February 1, 2003, Exhibit II shall be amended to reflect the change in Automatic Binding and Issue Limits from 5 million to 10 million. The Attached Exhibit II shall replace the existing Exhibit II. EXECUTION This Amendment does not alter, amend or modify the Reinsurance Agreement other than as set forth in this Amendment, and it is subject otherwise to all the terms and conditions of the Reinsurance Agreement together with all amendments and supplements thereto. It is executed in duplicate by: SECURITY LIFE OF DENVER INSURANCE COMPANY By [ILLEGIBLE] Attest [ILLEGIBLE] ---------------------------- ---------------------------- Title Vice President Title [ILLEGIBLE] Date July 8, 2004 Date July 8, 2004 HARTFORD LIFE INSURANCE COMPANY HARTFORD LIFE AND ACCIDENT INSURANCE COMPANY HARTFORD LIFE AND ANNUITY INSURANCE COMPANY By /s/ Timothy M. Fitch ▇▇▇▇▇▇ /▇/ ▇▇▇ Kalmbach ---------------------------- ---------------------------- Timothy M. Fitch, FSA, CL▇ ▇▇▇ Kalmbach, FSA, MAAA ▇▇▇▇▇r Vice President Assistant Vice President Individual Life Product & Marketing Date 6/7/04 Date 6/10/2004 EXHIBIT II SINGLE LIFE RETENTION, BINDING, AND ISSUE LIMITS SINGLE LIFE ENHANCED STANDARD PROGRAM TOTAL POOL LIMITS [Redacted] RETENTION LIMIT [Redacted] AUTOMATIC BINDING LIMIT (EXCLUDES RETENTION) [Redacted] AUTOMATIC ISSUE LIMIT (INCLUDES RETENTION) [Redacted] DEFINITION: JUMBO LIMIT [Redacted] AMENDMENT 3 EFFECTIVE MARCH 1, 2004 TO THE REINSURANCE AGREEMENT EFFECTIVE DECEMBER 1, 2002 BETWEEN HARTFORD LIFE INSURANCE COMPANY HARTFORD LIFE AND ANNUITY INSURANCE COMPANY HARTFORD LIFE AND ACCIDENT INSURANCE COMPANY ("CEDING COMPANY") AND SECURITY LIFE OF DENVER INSURANCE COMPANY ("REINSURER")
Policy Continuation Rider. This rider is automatically added to the policy at issue. This rider is intended to prevent the lapse of highly loaned policies. SL Enh Std 12/01/2002 -- Amendment 2 Between HLAIC and ERAC AMENDMENT NUMBER 3 This Amendment is made by and between HARTFORD LIFE AND ANNUITY INSURANCE COMPANY (referred to as the Ceding Company) and EMPLOYERS REASSURANCE CORPORATION (referred to as the Reinsurer). It is attached to and becomes a part of the Reinsurance Agreement Effective December 1, 2002 (referred to as the Reinsurance Agreement).

Examples of Policy Continuation Rider in a sentence

  • Policy Continuation Rider: Intended to prevent the lapse of highly loaned policies.

  • Rider (LAABR) Policy Continuation Rider NOTE: NAR Type for term riders above is C.

  • Rider (LAABR) Cost of Living Adjustment (COLA) Rider Policy Continuation Rider Policy Protection Rider (PPR) Enhanced No Lapse Guarantee Rider NOTE:NAR Type for term riders above is Lifetime No Lapse Guarantee Rider C.

  • Rider (LAABR) Rider Cost of Living Adjustment (COLA) Policy Continuation Rider Rider Policy Protection Rider (PPR) Enhanced No Lapse Guarantee Rider NOTE: NAR Type for term riders Lifetime No Lapse Guarantee Rider above is C.

  • Rider (LAABR) Cost of Living Adjustment (COLA) Rider Policy Continuation Rider Policy Protection Rider (PPR) Enhanced No Lapse Guarantee Rider NOTE: NAR Type for term riders above is C.

  • Rider Rider (LAABR) Cost of Living Adjustment (COLA) Policy Continuation Rider Rider Policy Protection Rider (PPR) Enhanced No Lapse Guarantee Rider NOTE: NAR Type for term riders Lifetime No Lapse Guarantee Rider above is C.

  • Rider Rider (LAABR) Cost of Living Adjustment (COLA) Policy Continuation Rider Rider Policy Protection Rider (PPR) Enhanced No Lapse Guarantee Rider NOTE:NAR Type for term riders above Lifetime No Lapse Guarantee Rider is C.

  • Rider Rider (LAABR) Cost of Living Adjustment (COLA) Policy Continuation Rider Rider Policy Protection Rider (PPR) Enhanced No Lapse Guarantee Rider NOTE: NAR Type for term riders above Lifetime No Lapse Guarantee Rider is C.

  • EXHIBIT C-V POLICY CONTINUATION RIDER The Policy Continuation Rider (PCR) is an option, granted to the beneficiary, for a limited period of time, to purchase insurance on the surviving life without evidence of insurability, at the time of the first death.


More Definitions of Policy Continuation Rider

Policy Continuation Rider. This rider is automatically added to the policy at issue. This rider is intended to prevent the lapse of highly loaned policies. SL Enh Std 12/01/2002 -- Amendment 2 Between HLIC and RGA AMENDMENT 3 EFFECTIVE MARCH 1, 2004 TO THE REINSURANCE AGREEMENT EFFECTIVE DECEMBER 1, 2002 BETWEEN HARTFORD LIFE INSURANCE COMPANY ("CEDING COMPANY") AND RGA REINSURANCE COMPANY ("REINSURER")