Common use of FACULTATIVE REINSTATEMENT Clause in Contracts

FACULTATIVE REINSTATEMENT. If PRUCO OF NJ has been requested to reinstate a policy that was originally ceded to ANNUITY & LIFE RE as facultative reinsurance and the reinstatement is processed under PRUCO OF NJ’s Long Form Reinstatement Process, then PRUCO OF NJ will re-submit the appropriate evidence for the case to ANNUITY & LIFE RE for underwriting approval before the reinsurance can be reinstated.

Appears in 1 contract

Sources: Yearly Renewable Term Reinsurance Agreement (Pruco Life of New Jersey Variable Appreciable Account)

FACULTATIVE REINSTATEMENT. If PRUCO OF NJ has been requested to reinstate a policy that was originally ceded to ANNUITY & LIFE RE AUSA as facultative reinsurance and the reinstatement is processed under PRUCO OF NJ’s Long Form Reinstatement Process, then PRUCO OF NJ will re-submit the appropriate evidence for the case to ANNUITY & LIFE RE AUSA for underwriting approval before the reinsurance can be reinstated.

Appears in 1 contract

Sources: Yearly Renewable Term Reinsurance Agreement (Pruco Life of New Jersey Variable Appreciable Account)

FACULTATIVE REINSTATEMENT. If PRUCO OF NJ has been requested to reinstate a policy that was originally ceded to ANNUITY & LIFE RE AUSA as facultative reinsurance and the reinstatement is processed under PRUCO OF NJ’s 's Long Form Reinstatement Process, then PRUCO OF NJ will re-submit the appropriate evidence for the case to ANNUITY & LIFE RE AUSA for underwriting approval before the reinsurance can be reinstated.

Appears in 1 contract

Sources: Reinsurance Agreement (Pruco Life of New Jersey Variable Appreciable Account)

FACULTATIVE REINSTATEMENT. If PRUCO OF NJ has been requested to reinstate a policy that was originally ceded to ANNUITY & LIFE SWISS RE as facultative reinsurance and the reinstatement is processed under PRUCO OF NJ’s Long Form Reinstatement Process, then PRUCO OF NJ will re-submit the appropriate evidence for the case to ANNUITY & LIFE SWISS RE for underwriting approval before the reinsurance can be reinstated.

Appears in 1 contract

Sources: Yearly Renewable Term Reinsurance Agreement (Pruco Life of New Jersey Variable Appreciable Account)

FACULTATIVE REINSTATEMENT. If PRUCO OF of NJ has been requested to reinstate a policy that was originally ceded to ANNUITY & LIFE RE AUSA as facultative reinsurance and the reinstatement is processed under PRUCO OF of NJ’s 's Long Form Reinstatement Process, then PRUCO OF of NJ will re-submit the appropriate evidence for the case to ANNUITY & LIFE RE AUSA for underwriting approval before the reinsurance can be reinstated.

Appears in 1 contract

Sources: Reinsurance Agreement (Pruco Life of New Jersey Variable Appreciable Account)