The Maryland Wholesale Agreement is a contractual document that outlines the terms and conditions agreed upon between Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP. This agreement allows for the wholesale distribution of certain financial products and services in the state of Maryland. The primary purpose of the Maryland Wholesale Agreement is to establish a formal partnership between Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP, ensuring compliance with the applicable laws and regulations governing the wholesale distribution of financial products. This agreement sets forth the roles, responsibilities, and obligations of each party involved, creating transparency and accountability in the distribution process. Some important keywords relevant to the Maryland Wholesale Agreement include: 1. Wholesale distribution: This refers to the process of selling financial products in large quantities to retailers or other intermediaries who then distribute them to end customers. 2. Lincoln Life and Annuity Co. of New York: It is an insurance company that specializes in life insurance and annuity products. They are a party to the agreement and provide the products for distribution. 3. Lincoln Financial Advisors Corp.: This is a subsidiary of Lincoln Financial Group that offers financial planning and investment advisory services. They are also a party to the agreement. 4. Delaware Distributors, LP: This entity acts as the distributor of the financial products in Maryland. They handle the logistics of the wholesale distribution process. 5. Maryland: Refers to the state where the distribution activities governed by the agreement take place. Compliance with specific Maryland laws and regulations is essential for conducting business in this location. Types of Maryland Wholesale Agreements between Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP may include: 1. Annuity Wholesale Agreement: This agreement focuses on the wholesale distribution of annuity products in Maryland. It outlines the specific terms and conditions related to the distribution of these financial instruments. 2. Life Insurance Wholesale Agreement: This type of agreement focuses on the wholesale distribution of life insurance policies in Maryland. It establishes the framework for the distribution process, ensuring compliance with relevant regulations. 3. Investment Advisory Wholesale Agreement: This agreement pertains to the wholesale distribution of investment advisory services provided by Lincoln Financial Advisors Corp. It outlines the terms and conditions related to the distribution of these services to intermediary financial professionals in Maryland. In summary, the Maryland Wholesale Agreement between Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP is a crucial contract that governs the wholesale distribution of financial products in Maryland. It ensures compliance with applicable laws and regulations while establishing the roles and obligations of the involved parties. Different types of agreements may exist based on the specific financial products being distributed, such as annuities, life insurance policies, or investment advisory services.
Maryland Wholesale Agreement between Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp. and Delaware Distributors, LP
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You may also speak with a Customer Care Professional by calling 800-487-1485 or emailing us at CustServSupportTeam@LFG.com. How do I make a payment?
877-ASK-LINC.
Our parent company, Lincoln National Corporation, and its affiliates operate under the marketing name of Lincoln Financial Group.
Option 1: Transactions, including withdrawals may be requested via LincolnFinancial.com (any dollar amount) or via our Customer Care Center (<$50,000). Option 2: An image of an executed withdrawal form (PDF or photo) may be emailed to Annuityforms@LFG.com.
You may also speak with a Customer Care Professional by calling 800-487-1485 or emailing us at CustServSupportTeam@LFG.com. How do I make a payment?