More Than One Reinsurer. If the reinsurance of a particular policy is shared by more than one reinsurer, the Reinsurer's percentage of the increased or reduced reinsurance shall be the same as its initial percentage of reinsurance of the policy.
Appears in 9 contracts
Sources: Assignment, Transfer and Novation Agreement (Ameritas Variable Separate Account V), Coinsurance Agreement (Cuna Mutual Variable Life Insurance Account), Reinsurance Agreement (Jnlny Separate Account Iv)
More Than One Reinsurer. If the reinsurance of a particular policy is shared by more than one reinsurer, the Reinsurer's ’s percentage of the increased or reduced reinsurance shall be the same as its initial percentage of reinsurance of the policy.
Appears in 4 contracts
Sources: Coinsurance Agreement (Thrivent Variable Life Account I), Coinsurance Agreement (Kansas City Life Insurance Co), Coinsurance Agreement (Thrivent Variable Life Account I)