A Georgia Distribution Agreement is a legally binding contract established between two entities, First American Insurance Portfolios, Inc. and SET Financial Services Company, for the purpose of distributing insurance products and services within the state of Georgia. This agreement outlines the terms and conditions under which First American Insurance Portfolios, Inc. grants SET Financial Services Company the rights to distribute its insurance offerings. The agreement serves as a framework for the relationship between the two parties and provides clarity on various aspects, including the scope of the distribution, territorial restrictions, marketing and advertising guidelines, compensation structure, and termination procedures. Additionally, the agreement ensures compliance with state regulations and industry standards. Under the Georgia Distribution Agreement, there may be different types or variations, depending on the specific nature of the insurance products being distributed. Some potential variations include: 1. Life Insurance Distribution Agreement: This type of agreement focuses on the distribution of life insurance policies provided by First American Insurance Portfolios, Inc. through the network and channels of SET Financial Services Company in Georgia. It outlines the terms and obligations related to the marketing, sales, and servicing of life insurance products. 2. Health Insurance Distribution Agreement: This agreement pertains to the distribution of health insurance plans offered by First American Insurance Portfolios, Inc. within the state of Georgia. It defines the responsibilities and requirements of SET Financial Services Company in promoting and distributing health insurance products to customers. 3. Property and Casualty Insurance Distribution Agreement: This type of agreement covers the distribution of property and casualty insurance policies, such as homeowners, automobile, or liability coverage, provided by First American Insurance Portfolios, Inc. through SET Financial Services Company's distribution channels in Georgia. It sets forth the terms, commission structures, and provisions for claims handling and customer support. 4. Annuity Distribution Agreement: This agreement focuses on the distribution of annuity products offered by First American Insurance Portfolios, Inc. through SET Financial Services Company in Georgia. It outlines the responsibilities of both parties regarding marketing, sales, compliance, and customer servicing related to annuities. These various types of Georgia Distribution Agreements between First American Insurance Portfolios, Inc. and SET Financial Services Company have the common purpose of defining the terms and conditions of the relationship and establishing a framework for the distribution of specific insurance products within the state of Georgia.
Georgia Distribution Agreement between First American Insurance Portfolios, Inc. and SEI Financial Services Company
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