New Hampshire Amended and Restated Principal Underwriting Agreement regarding Issuance of variable annuity contracts and life insurance

• Category: Corporations - Public - Agreements - Underwriting
• State: Multi-State
• Control #: US-EG-9360
• Format: Word; Rich Text

Description

Underwriting Agreement between Lincoln Life and Annuity Company of New York and Lincoln Financial Advisors Corporation regarding the issuance of public certain variable annuity contracts and variable life insurance The New Hampshire Amended and Restated Principal Underwriting Agreement (PUA) is a legal document that outlines the terms and conditions related to the issuance of variable annuity contracts and life insurance policies by New Hampshire Insurance Company. This agreement serves as a framework for establishing a relationship between the insurance company and the underwriter, ensuring compliance with applicable laws and regulations. Keywords: New Hampshire, Amended and Restated Principal Underwriting Agreement, issuance, variable annuity contracts, life insurance, underwriter, compliance, terms and conditions. There are several types of New Hampshire Amended and Restated Principal Underwriting Agreements specifically tailored to the issuance of variable annuity contracts and life insurance policies: 1. New Hampshire Amended and Restated Principal Underwriting Agreement for Variable Annuity Contracts: This agreement governs the process of underwriting variable annuity contracts issued by New Hampshire Insurance Company. It outlines the roles and responsibilities of both the insurer and the underwriter, including the terms for review and approval of applications, risk assessment, and regulatory compliance. 2. New Hampshire Amended and Restated Principal Underwriting Agreement for Life Insurance Policies: This agreement pertains to the underwriting of life insurance policies offered by New Hampshire Insurance Company. It defines the guidelines for assessing applicants' eligibility, determining coverage amounts, setting premium rates, and establishing the terms and conditions specific to life insurance underwriting. Both of these agreements share many similarities in terms of their general structure and provisions. They include clauses related to compensation, termination, governing law, and dispute resolution mechanisms. However, there might be variations in certain sections, considering the unique aspects associated with variable annuity contracts and life insurance policies. These agreements prioritize the adherence to applicable federal and state laws, regulations, and guidelines governing the issuance of variable annuity contracts and life insurance policies. They aim to protect both the insurer and the underwriter by ensuring a sound and transparent underwriting process, maintaining compliance with industry standards, and fostering a mutually beneficial business relationship. In summary, the New Hampshire Amended and Restated Principal Underwriting Agreement plays a crucial role in facilitating the issuance of variable annuity contracts and life insurance policies. By outlining the responsibilities and expectations of both parties, it serves as a legal framework that governs their collaboration and ensures compliance with relevant regulations.

The New Hampshire Amended and Restated Principal Underwriting Agreement (PUA) is a legal document that outlines the terms and conditions related to the issuance of variable annuity contracts and life insurance policies by New Hampshire Insurance Company. This agreement serves as a framework for establishing a relationship between the insurance company and the underwriter, ensuring compliance with applicable laws and regulations. Keywords: New Hampshire, Amended and Restated Principal Underwriting Agreement, issuance, variable annuity contracts, life insurance, underwriter, compliance, terms and conditions. There are several types of New Hampshire Amended and Restated Principal Underwriting Agreements specifically tailored to the issuance of variable annuity contracts and life insurance policies: 1. New Hampshire Amended and Restated Principal Underwriting Agreement for Variable Annuity Contracts: This agreement governs the process of underwriting variable annuity contracts issued by New Hampshire Insurance Company. It outlines the roles and responsibilities of both the insurer and the underwriter, including the terms for review and approval of applications, risk assessment, and regulatory compliance. 2. New Hampshire Amended and Restated Principal Underwriting Agreement for Life Insurance Policies: This agreement pertains to the underwriting of life insurance policies offered by New Hampshire Insurance Company. It defines the guidelines for assessing applicants' eligibility, determining coverage amounts, setting premium rates, and establishing the terms and conditions specific to life insurance underwriting. Both of these agreements share many similarities in terms of their general structure and provisions. They include clauses related to compensation, termination, governing law, and dispute resolution mechanisms. However, there might be variations in certain sections, considering the unique aspects associated with variable annuity contracts and life insurance policies. These agreements prioritize the adherence to applicable federal and state laws, regulations, and guidelines governing the issuance of variable annuity contracts and life insurance policies. They aim to protect both the insurer and the underwriter by ensuring a sound and transparent underwriting process, maintaining compliance with industry standards, and fostering a mutually beneficial business relationship. In summary, the New Hampshire Amended and Restated Principal Underwriting Agreement plays a crucial role in facilitating the issuance of variable annuity contracts and life insurance policies. By outlining the responsibilities and expectations of both parties, it serves as a legal framework that governs their collaboration and ensures compliance with relevant regulations.