Reduction and Terminations. If any HD7 rider is terminated or any of the underlying contracts associated with the HD7 riders reinsured under this Agreement are terminated by payment of a death benefit, surrender or annuitization, the reinsurance with respect to that contract will be terminated subject to any party's right to payment under this Agreement with respect to such terminated rider.
Appears in 3 contracts
Sources: Automatic Coinsurance Agreement (Prudential Annuities Life Assurance Corp Variable Account B), Automatic Coinsurance Agreement (Pruco Life Flexible Premium Variable Annuity Account), Automatic Coinsurance Agreement (Prudential Annuities Life Assurance Corp Variable Account B)
Reduction and Terminations. If any HD7 HD6+ rider is terminated or any of the underlying contracts associated with the HD7 HD6+ riders reinsured under this Agreement are terminated by payment of a death benefit, surrender or annuitization, the reinsurance with respect to that contract will be terminated subject to any party's right to payment under this Agreement with respect to such terminated rider.
Appears in 3 contracts
Sources: Automatic Coinsurance Agreement (Pruco Life Flexible Premium Variable Annuity Account), Automatic Coinsurance Agreement (Prudential Annuities Life Assurance Corp Variable Account B), Automatic Coinsurance Agreement (Pruco Life Flexible Premium Variable Annuity Account)
Reduction and Terminations. If any HD7 HD7+ rider is terminated or any of the underlying contracts associated with the HD7 HD7+ riders reinsured under this Agreement are terminated by payment of a death benefit, surrender or annuitization, the reinsurance with respect to that contract will be terminated subject to any party's right to payment under this Agreement with respect to such terminated rider.
Appears in 2 contracts
Sources: Automatic Coinsurance Agreement (Prudential Annuities Life Assurance Corp Variable Account B), Automatic Coinsurance Agreement (Pruco Life Flexible Premium Variable Annuity Account)