FACULTATIVE REINSTATEMENT. If PRUCO has been requested to reinstate a policy that was originally ceded to AUSA as facultative reinsurance and the reinstatement is processed under PRUCO's Long Form Reinstatement Process, then PRUCO will re-submit the appropriate evidence for the case to AUSA for underwriting approval before the reinsurance can be reinstated.
Appears in 2 contracts
Sources: Reinsurance Agreement (Pruco Life Variable Universal Account), Reinsurance Agreement (Pruco Life Variable Universal Account)
FACULTATIVE REINSTATEMENT. If PRUCO has been requested to reinstate a policy that was originally ceded to AUSA as facultative reinsurance and the reinstatement is processed under PRUCO's ’s Long Form Reinstatement Process, then PRUCO will re-submit the appropriate evidence for the case to AUSA for underwriting approval before the reinsurance can be reinstated.
Appears in 1 contract
Sources: Reinsurance Agreement (Pruco Life Variable Universal Account)