Adjusted Amounts. In the event of a change in the amount of THE COMPANY's liability on a reinsured policy due to a misstatement of age or sex, OPTIMUM RE's liability will change accordingly. The face amount of the reinsured policy will be adjusted from the inception of the policy and OPTIMUM RE's liability will be calculated on the adjusted face amount, and any difference in premiums net of allowances will be settled without interest.
Appears in 2 contracts
Sources: Automatic Reinsurance Agreement (Symetra Separate Account Sl), Automatic Reinsurance Agreement (Symetra Separate Account Sl)