Examples of Renewable Term in a sentence
Reinsurance under this Agreement will be on the Yearly Renewable Term basis on the portion of each policy that is reinsured as described in Schedule A.
Exemption from Unitary Reserves for Certain n-Year Renewable Term Life Insurance Polices.
Reinsurance under this Agreement will be on the Yearly Renewable Term basis for the net amount at risk on the portion of each policy that is reinsured as described in Schedule A.
This Agreement, including the attached Schedules, states the terms and conditions of automatic and facultative reinsurance that is on a Yearly Renewable Term basis.
Within ten (10) days after the close of the year, the CEDING COMPANY shall furnish BMA a listing of reinsurance in force by policy, by year of issue, segregated by Yearly Renewable Term and Coinsurance and include statutory reserves for the same.
Exemption for Unitary Reserves for Certain n-Year Renewable Term Life Insur- ance Policies.
Reinsurance under this Agreement is on a Yearly Renewable Term basis.
Reinsurance of Life risks shall be on the Yearly Renewable Term plan.
This is a Yearly Renewable Term (YRT) agreement for indemnity reinsurance (the "Agreement") solely between IDS Life Insurance Company (the "Ceding Company"), an insurance company domiciled in the State of Minnesota, and [name of reinsurance company], an insurance company domiciled in the State of [state] (the "Reinsurer"), collectively referred to as the "parties".
RISK PREMIUM REINSURANCE - Another name for Yearly Renewable Term (YRT) reinsurance.