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 Louisiana Wholesale Agreement is a contractual arrangement between Lincoln Life and Annuity Co. of New York (LLANO), Lincoln Financial Advisors Corp. (FAC), and Delaware Distributors, LP (DDL). This agreement outlines the terms and conditions under which LLANO's insurance and annuity products are distributed to wholesale clients in the state of Louisiana. The Louisiana Wholesale Agreement serves as a framework for the wholesale distribution of insurance and annuity products offered by LLANO. It is essential for establishing a mutually beneficial partnership between LLANO, FAC, and DDL, ensuring compliance with regulatory requirements and smooth operations in the wholesale market of Louisiana. Regarding the different types of Louisiana Wholesale Agreements between these entities, they can include variations based on the specific insurance and annuity products being distributed. For instance, there might be separate agreements for life insurance, variable annuities, fixed annuities, or a combination of these products. Each agreement may have unique terms and conditions, commission structures, sales quotas, and reporting requirements tailored to the respective product's characteristics. Within these agreements, some relevant keywords could include: 1. Wholesale Agreement: This refers to the overarching contract that governs the wholesale distribution relationship between LLANO, FAC, and DDL in Louisiana. 2. Lincoln Life and Annuity Co. of New York: This is the entity offering the insurance and annuity products in Louisiana and is a key party to the agreement. 3. Lincoln Financial Advisors Corp.: This entity is involved in the distribution of the products and plays a crucial role in facilitating the wholesale agreement. 4. Delaware Distributors, LP: This entity represents the wholesale clients in Louisiana and acts as an intermediary between LLANO and the retail market. 5. Insurance and Annuity Products: These are the financial products offered by LLANO, including life insurance, variable annuities, and fixed annuities. 6. Wholesale Distribution: This keyword emphasizes the nature of the agreement, pertaining to the bulk selling of insurance and annuity products to wholesale clients. 7. Compliance: This keyword underscores the importance of adhering to regulatory requirements in Louisiana while carrying out the wholesale distribution of the products. 8. Terms and Conditions: These are the specific provisions within the agreement that outline the rights and obligations of the parties involved. 9. Commission Structures: Referring to the compensation arrangements for FAC and DDL based on the sales of LLANO's products. 10. Reporting Requirements: This keyword highlights the obligations of FAC and DDL to provide regular reports to LLANO regarding sales, client information, and any other relevant data. By incorporating these keywords and discussing the Louisiana Wholesale Agreement in detail, the provided content becomes relevant, informative, and tailored to the topic.
The Louisiana Wholesale Agreement is a contractual arrangement between Lincoln Life and Annuity Co. of New York (LLANO), Lincoln Financial Advisors Corp. (FAC), and Delaware Distributors, LP (DDL). This agreement outlines the terms and conditions under which LLANO's insurance and annuity products are distributed to wholesale clients in the state of Louisiana. The Louisiana Wholesale Agreement serves as a framework for the wholesale distribution of insurance and annuity products offered by LLANO. It is essential for establishing a mutually beneficial partnership between LLANO, FAC, and DDL, ensuring compliance with regulatory requirements and smooth operations in the wholesale market of Louisiana. Regarding the different types of Louisiana Wholesale Agreements between these entities, they can include variations based on the specific insurance and annuity products being distributed. For instance, there might be separate agreements for life insurance, variable annuities, fixed annuities, or a combination of these products. Each agreement may have unique terms and conditions, commission structures, sales quotas, and reporting requirements tailored to the respective product's characteristics. Within these agreements, some relevant keywords could include: 1. Wholesale Agreement: This refers to the overarching contract that governs the wholesale distribution relationship between LLANO, FAC, and DDL in Louisiana. 2. Lincoln Life and Annuity Co. of New York: This is the entity offering the insurance and annuity products in Louisiana and is a key party to the agreement. 3. Lincoln Financial Advisors Corp.: This entity is involved in the distribution of the products and plays a crucial role in facilitating the wholesale agreement. 4. Delaware Distributors, LP: This entity represents the wholesale clients in Louisiana and acts as an intermediary between LLANO and the retail market. 5. Insurance and Annuity Products: These are the financial products offered by LLANO, including life insurance, variable annuities, and fixed annuities. 6. Wholesale Distribution: This keyword emphasizes the nature of the agreement, pertaining to the bulk selling of insurance and annuity products to wholesale clients. 7. Compliance: This keyword underscores the importance of adhering to regulatory requirements in Louisiana while carrying out the wholesale distribution of the products. 8. Terms and Conditions: These are the specific provisions within the agreement that outline the rights and obligations of the parties involved. 9. Commission Structures: Referring to the compensation arrangements for FAC and DDL based on the sales of LLANO's products. 10. Reporting Requirements: This keyword highlights the obligations of FAC and DDL to provide regular reports to LLANO regarding sales, client information, and any other relevant data. By incorporating these keywords and discussing the Louisiana Wholesale Agreement in detail, the provided content becomes relevant, informative, and tailored to the topic.