Reduction and Terminations. If any of the policies reinsured under this Agreement are reduced or terminated by payment of a death benefit, withdrawal or surrender, the reinsurance will be reduced proportionately.
Appears in 8 contracts
Sources: Reinsurance Agreement (Separate Account Va-2l), Reinsurance Agreement (Separate Account Va B), Reinsurance Agreement (Separate Account Va C)
Reduction and Terminations. If any of the policies contracts reinsured under this Agreement are reduced or terminated by payment of a death benefit, withdrawal benefit or surrender, the reinsurance will be reduced proportionately.
Appears in 2 contracts
Sources: Reinsurance Agreement (Country Investors Variable Annunity Account), Reinsurance Agreement (Country Investors Variable Annunity Account)
Reduction and Terminations. If any of the policies reinsured under this Agreement are reduced or terminated by payment of a death benefit, withdrawal withdrawal, annuitization or surrender, the reinsurance will be reduced proportionately.
Appears in 2 contracts
Sources: Variable Annuity Reinsurance Agreement (Country Investors Variable Annunity Account), Variable Annuity Reinsurance Agreement (Country Investors Variable Annunity Account)
Reduction and Terminations. If any of the policies reinsured under this Agreement are reduced or terminated by transfers to the fixed account, payment of a death benefit, withdrawal or surrender, the reinsurance will be reduced proportionately.
Appears in 1 contract
Sources: Reinsurance Agreement (North American Security Life Insurance Co)
Reduction and Terminations. If any of the policies Policies reinsured under this Agreement are reduced or terminated by payment of a death benefit, withdrawal or surrender, the reinsurance will be reduced proportionatelyproportionately or terminated.
Appears in 1 contract
Sources: Annuity Reinsurance Agreement (Kilico Variable Annuity Separate Account)