POLICY REDUCTIONS, TERMINATIONS AND CHANGES. Whenever a Material Change is made in the status, plan, amount or other feature of a policy reinsured under this Agreement, the Reinsurer will, upon receipt of notification of the change, consider adjusted reinsurance coverage in accordance with the provisions of this Article. The Ceding Company will notify the Reinsurer of any Material Change within ninety (90) days after its effective date.
Appears in 2 contracts
Sources: Reinsurance Agreement (Ameritas Variable Separate Account V), Reinsurance Agreement (National Variable Life Insurance Account)
POLICY REDUCTIONS, TERMINATIONS AND CHANGES. Whenever a Material Change change is made in the status, plan, amount or other material feature of a policy reinsured under this Agreement, the Reinsurer will, upon receipt of notification of the change, consider provide adjusted reinsurance coverage in accordance with the provisions of this Article. The Ceding Company will notify the Reinsurer of any Material Change change within ninety (90) calendar days after its effective date.
Appears in 1 contract
Sources: Reinsurance Agreement (Symetra Separate Account Sl)
POLICY REDUCTIONS, TERMINATIONS AND CHANGES. Whenever a Material Change change is made in the status, plan, amount or other feature of a policy reinsured under this Agreement, the Reinsurer will, upon receipt of notification of the change, consider adjusted reinsurance coverage in accordance with the provisions of this Article. The Ceding Company will notify the Reinsurer of any Material Change change within ninety (90) days after its effective date.
Appears in 1 contract
Sources: Reinsurance Agreement (Nationwide VLI Separate Account-7)
POLICY REDUCTIONS, TERMINATIONS AND CHANGES. Whenever a Material Change change is made in the status, plan, amount or other feature of a policy reinsured under this Agreement, the Reinsurer will, upon receipt of notification of the change, change consider adjusted reinsurance coverage in accordance with the provisions of this Article. The Ceding Company will notify the Reinsurer of any Material Change change within ninety (90) 90 days after its from the effective datedate of the change.
Appears in 1 contract
Sources: Reinsurance Agreement (Farmers Variable Life Separate Account A)