The Hawaii Wholesale Agreement between Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP is a contractual agreement that outlines the terms and conditions for wholesale distribution of financial products and services in the state of Hawaii. This agreement is specifically designed to govern the relationship and cooperation between these three entities in order to provide customers in Hawaii with access to various financial solutions offered by Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP. The agreement sets out the roles and responsibilities of each party involved. Lincoln Life and Annuity Co. of New York, as the insurance company, offers life insurance and annuity products, while Lincoln Financial Advisors Corp. operates as a financial advisory firm. Delaware Distributors, LP is responsible for wholesale distribution of these financial products in Hawaii, ensuring that customers have easy access to them. Keywords: Hawaii Wholesale Agreement, Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., Delaware Distributors, LP, financial products, life insurance, annuity, wholesale distribution, financial solutions, contractual agreement, cooperative relationship. Types of Hawaii Wholesale Agreement between Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP: 1. Exclusive Distribution Agreement: This type of agreement may be established when Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP decides to exclusively distribute their financial products and services in Hawaii. It ensures that no other entity can distribute these products within the defined territory. 2. Non-Exclusive Distribution Agreement: In some cases, the parties may choose a non-exclusive distribution agreement, allowing other entities to also distribute the financial products and services offered by Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP in Hawaii. This type of agreement widens the reach of their products, potentially increasing market penetration and sales. 3. Limited Distribution Agreement: A limited distribution agreement may be put in place if the parties wish to restrict the distribution of certain financial products to specific regions or customer segments within Hawaii. This allows for targeted marketing and ensures the effective utilization of resources. 4. Product-Specific Distribution Agreement: Certain financial products or services offered by Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP may require a separate wholesale agreement. For instance, a specific distribution agreement may be established solely for the distribution of life insurance products or annuity products in Hawaii. Keywords: Exclusive Distribution Agreement, Non-Exclusive Distribution Agreement, Limited Distribution Agreement, Product-Specific Distribution Agreement, financial products, services, Hawaii, Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., Delaware Distributors, LP.
Hawaii Wholesale Agreement between Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp. and Delaware Distributors, LP
Category:
State:
Multi-State
Control #:
US-EG-9361
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Word;
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Description
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
The Hawaii Wholesale Agreement between Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP is a contractual agreement that outlines the terms and conditions for wholesale distribution of financial products and services in the state of Hawaii. This agreement is specifically designed to govern the relationship and cooperation between these three entities in order to provide customers in Hawaii with access to various financial solutions offered by Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP. The agreement sets out the roles and responsibilities of each party involved. Lincoln Life and Annuity Co. of New York, as the insurance company, offers life insurance and annuity products, while Lincoln Financial Advisors Corp. operates as a financial advisory firm. Delaware Distributors, LP is responsible for wholesale distribution of these financial products in Hawaii, ensuring that customers have easy access to them. Keywords: Hawaii Wholesale Agreement, Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., Delaware Distributors, LP, financial products, life insurance, annuity, wholesale distribution, financial solutions, contractual agreement, cooperative relationship. Types of Hawaii Wholesale Agreement between Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP: 1. Exclusive Distribution Agreement: This type of agreement may be established when Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP decides to exclusively distribute their financial products and services in Hawaii. It ensures that no other entity can distribute these products within the defined territory. 2. Non-Exclusive Distribution Agreement: In some cases, the parties may choose a non-exclusive distribution agreement, allowing other entities to also distribute the financial products and services offered by Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP in Hawaii. This type of agreement widens the reach of their products, potentially increasing market penetration and sales. 3. Limited Distribution Agreement: A limited distribution agreement may be put in place if the parties wish to restrict the distribution of certain financial products to specific regions or customer segments within Hawaii. This allows for targeted marketing and ensures the effective utilization of resources. 4. Product-Specific Distribution Agreement: Certain financial products or services offered by Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP may require a separate wholesale agreement. For instance, a specific distribution agreement may be established solely for the distribution of life insurance products or annuity products in Hawaii. Keywords: Exclusive Distribution Agreement, Non-Exclusive Distribution Agreement, Limited Distribution Agreement, Product-Specific Distribution Agreement, financial products, services, Hawaii, Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., Delaware Distributors, LP.
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