Method whereby a Ceding Company pays the full benefits on a claim for a set period of time, after which the reinsurer pays the reinsured portion of the benefits.
Most commonly used for disability or long-term care reinsurance.
Method whereby a Ceding Company pays the full benefits on a claim for a set period of time, after which the reinsurer pays the reinsured portion of the benefits.
Most commonly used for disability or long-term care reinsurance.