Assumption Certificates. As soon as possible after the Assumption Dates, and in any event within the time prescribed by applicable insurance laws, the appropriate Reinsurer shall mail to the last known address of each policyowner or contractowner of the Policies an Assumption Certificate in a form substantially similar to the form attached hereto as Exhibit F or in such other form as may be required by the insurance regulatory authority of the state in which the policyowner or contractowner resides.
Appears in 2 contracts
Sources: Assumption Reinsurance Agreement (Ml of New York Variable Annuity Separate Account), Assumption Reinsurance Agreement (Merrill Lynch Life Variable Annunity Separate Account)