Wholesale Agreement between Lincoln Life and Annuity Company of New York, Lincoln Financial Advisors Corporation and Delaware Distributors, LP regarding the establishment of an arrangement for company to act as a wholesaler for variable annuity and
Connecticut Wholesale Agreement between Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP is a legally binding contract that outlines the terms and conditions of the wholesale distribution of financial products and services in the state of Connecticut. This agreement governs the relationship between the involved parties and ensures compliance with state laws and regulations. Keywords: Connecticut, wholesale agreement, Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., Delaware Distributors, LP, financial products, services, distribution, relationship, compliance, state laws, regulations. Types of Connecticut Wholesale Agreement: 1. Exclusive Wholesale Agreement: This type of wholesale agreement grants exclusive rights to Delaware Distributors, LP to distribute the financial products and services of Lincoln Life and Annuity Co. of New York and Lincoln Financial Advisors Corp. in Connecticut. These exclusive rights can provide Delaware Distributors, LP with a competitive advantage in the market. 2. Non-Exclusive Wholesale Agreement: In this type of wholesale agreement, Delaware Distributors, LP is granted the non-exclusive right to distribute the financial products and services of Lincoln Life and Annuity Co. of New York and Lincoln Financial Advisors Corp. in Connecticut. This means that other distributors may also be authorized to sell these products and services in the state. 3. Product-Specific Wholesale Agreement: This type of wholesale agreement focuses on the distribution of specific financial products or services offered by Lincoln Life and Annuity Co. of New York and Lincoln Financial Advisors Corp. through Delaware Distributors, LP in Connecticut. It outlines the terms and conditions specific to the distribution of those particular products or services. 4. Territory-Specific Wholesale Agreement: In a territory-specific wholesale agreement, the distribution rights are limited to a specific geographic area within Connecticut. Delaware Distributors, LP would only be authorized to distribute the financial products and services of Lincoln Life and Annuity Co. of New York and Lincoln Financial Advisors Corp. within the designated territory mentioned in the agreement. These different types of wholesale agreements cater to varying requirements and circumstances, providing flexibility for Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP to structure their distribution model to align with their business strategies and objectives in the Connecticut market.
Connecticut Wholesale Agreement between Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP is a legally binding contract that outlines the terms and conditions of the wholesale distribution of financial products and services in the state of Connecticut. This agreement governs the relationship between the involved parties and ensures compliance with state laws and regulations. Keywords: Connecticut, wholesale agreement, Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., Delaware Distributors, LP, financial products, services, distribution, relationship, compliance, state laws, regulations. Types of Connecticut Wholesale Agreement: 1. Exclusive Wholesale Agreement: This type of wholesale agreement grants exclusive rights to Delaware Distributors, LP to distribute the financial products and services of Lincoln Life and Annuity Co. of New York and Lincoln Financial Advisors Corp. in Connecticut. These exclusive rights can provide Delaware Distributors, LP with a competitive advantage in the market. 2. Non-Exclusive Wholesale Agreement: In this type of wholesale agreement, Delaware Distributors, LP is granted the non-exclusive right to distribute the financial products and services of Lincoln Life and Annuity Co. of New York and Lincoln Financial Advisors Corp. in Connecticut. This means that other distributors may also be authorized to sell these products and services in the state. 3. Product-Specific Wholesale Agreement: This type of wholesale agreement focuses on the distribution of specific financial products or services offered by Lincoln Life and Annuity Co. of New York and Lincoln Financial Advisors Corp. through Delaware Distributors, LP in Connecticut. It outlines the terms and conditions specific to the distribution of those particular products or services. 4. Territory-Specific Wholesale Agreement: In a territory-specific wholesale agreement, the distribution rights are limited to a specific geographic area within Connecticut. Delaware Distributors, LP would only be authorized to distribute the financial products and services of Lincoln Life and Annuity Co. of New York and Lincoln Financial Advisors Corp. within the designated territory mentioned in the agreement. These different types of wholesale agreements cater to varying requirements and circumstances, providing flexibility for Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP to structure their distribution model to align with their business strategies and objectives in the Connecticut market.