Delaware Wholesale Agreement is a legally binding contract between Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP. This agreement outlines the terms and conditions for the sale and distribution of wholesale insurance and financial products in the state of Delaware. Lincoln Life and Annuity Co. of New York, a subsidiary of Lincoln Financial Group, is a leading provider of life insurance and annuity products. Lincoln Financial Advisors Corp. is an affiliate company that specializes in financial planning and advisory services. Delaware Distributors, LP acts as a distributor for these companies, facilitating the sale of their products to authorized retailers and financial advisors. This wholesale agreement serves as a framework for the parties involved to collaborate and promote their respective products in Delaware. It covers various aspects of their business relationship, including pricing, commissions, marketing materials, product training, and compliance with state and federal regulations. The Delaware Wholesale Agreement ensures that Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP maintains a mutually beneficial partnership. It establishes clear guidelines for the distribution of insurance and financial products, ensuring transparency and fair dealings between the parties involved. The agreement may include different types of wholesale arrangements based on the specific products or services being offered. These could include variations such as variable annuities, life insurance policies, retirement plans, or investment products. Each type of arrangement will have its own unique terms and conditions tailored to the specific regulations and requirements of Delaware and the financial industry. In summary, the Delaware Wholesale Agreement between Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP is a comprehensive contract that governs the distribution and sale of wholesale insurance and financial products in Delaware. By establishing clear guidelines and expectations, it ensures a successful partnership and compliance with applicable laws and regulations.
Delaware Wholesale Agreement between Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp. and Delaware Distributors, LP
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