Changes to Business Reinsured. Conversions In the event of the conversion of a policy reinsured under this Agreement, the policy arising from the conversion, including conversions to plans not listed in Exhibit A shall be reinsured with the Reinsurer whether such policy arising from the conversion is issued by the Company or any of its affiliate companies. The premium rates outlined in Exhibits B, C and D shall be applied to the converted policy on a point-in-scale basis. Conversions with Increases
Appears in 2 contracts
Sources: Reinsurance Agreement (John Hancock Life Insurance Co of New York Separate Account B), Reinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account A)
Changes to Business Reinsured. Conversions In the event of the conversion of a policy reinsured under this Agreement, the policy arising from the conversion, including conversions to plans not listed in Exhibit A A, shall be reinsured with the Reinsurer whether such policy arising from the conversion is issued by the Company or any of its affiliate companies. The premium rates referenced in Exhibit B and outlined in Exhibits B, C and D shall be applied to the converted policy on a point-in-scale basis. Conversions with Increases
Appears in 1 contract
Sources: Reinsurance Agreement (John Hancock Life Insurance Co (Usa) Separate Account A)