Common use of CESSION LIMITS Clause in Contracts

CESSION LIMITS. (a) Minimum Initial Cession: Total amount of reinsurance ceded to all reinsurers on an automatic basis must equal or exceed $50,000. (b) Trivial Amount: Total amount of reinsurance ceded to all reinsurers must equal or exceed $25,000. C.1 LIFE

Appears in 1 contract

Sources: Automatic Self Administered Yrt Reinsurance Agreement (American National Variable Life Separate Account)

CESSION LIMITS. (a) Minimum Initial Cession: Total amount of reinsurance ceded to all reinsurers on an automatic basis must equal or exceed $50,000.75,000 (b) Trivial Amount: Total amount of reinsurance ceded to all reinsurers must equal or exceed $25,000. C.1 LIFE

Appears in 1 contract

Sources: Reinsurance Agreement (American National Variable Life Separate Account)