QUOTA SHARE REINSURANCE AGREEMENT 900804forBASIC COLLEGE ACCIDENT AND SICKNESS MEDICAL EXPENSE INSURANCE(hereinafter referred to as the "Agreement")made and entered into byGERBER LIFE INSURANCE COMPANYWhite Plains, NY (hereinafter referred to as the "Company")andPHOENIX HOME LIFE MUTUAL INSURANCE COMPANYEnfield, CT (hereinafter referred to as the "Reinsurer")EFFECTIVE: January 1, 1999 - December 31, 1999 Table of ContentsARTICLE I PARTIES TO AGREEMENT1ARTICLE II BASIS OF REINSURANCE2ARTICLE III RETENTION AND LIMIT3ARTICLE IV INURING REINSURANCE4ARTICLE V FACULTATIVE REINSURANCE5ARTICLE VI - EXCLUSIONS6ARTICLE VII EFFECTIVE DATE AND DURATION OF AGREEMENT7ARTICLE VIII REINSURANCE PREMIUMS8ARTICLE IX PREMIUM REPORTS9ARTICLE X CEDING ALLOWANCE/EXPENSES10ARTICLE XI CURRENCY11ARTICLE XII CLAIMS NOTIFICATION12ARTICLE XIII CLAIMS SETTLEMENT AND AUDIT14ARTICLE XIV EXTRA CONTRACTUAL OBLIGATIONS15ARTICLE XV SUBROGATION16ARTICLE XVI COMMUTATION17ARTICLE XVII CLAIMS FUND18ARTICLE XVIII OFFSET19ARTICLE XIX TERRITORY20ARTICLE XX OVERSIGHTS21ARTICLE XXI ACCESS TO RECORDS22ARTICLE XXII INSOLVENCY23ARTICLE XXIII ARBITRATION24ARTICLE XXIV - CONTROLLING LAW25ARTICLE XXV SEVERABILITY26ARTICLE XXVI UNAUTHORIZED REINSURERS27ARTICLE XXVII TAXES29ARTICLE XXVIII FEDERAL EXCISE TAX30ARTICLE XXIX CONFIDENTIALITY31ARTICLE XXX ENTIRE AGREEMENT32ARTICLE XXXI INTERMEDIARY33ARTICLE XXXII EXECUTION34 ARTICLE I PARTIES TO AGREEMENTThis Agreement is solely between the Company and the Reinsurer and the performance of obligations of each party under this Agreement shall be rendered solely to the other party. In no instances shall anyone other than the Company or the Reinsurer have any rights under this Agreement except recognizing the Company has the sole responsibility for the evaluation and appointment of the Underwriting Manager, Managed Care Concepts of Delaware, Inc. (MCCI). Furthe...
