Participation Agreement between Variable Insurance Products Fund, III, Lincoln Life and Annuity Company of New York and Fidelity Distributors Corporation regarding the permission of shares of the Fund to be sold and held by variable annuity and variable
The New Mexico Participation Agreement between Variable Insurance Products Fund, III and Lincoln Life and Annuity Company of New York is a legally binding document that outlines the terms and conditions of participation in the Variable Insurance Products Fund, III offered by Lincoln Life and Annuity Company of New York in the state of New Mexico. This agreement is designed to provide comprehensive information and protection to both the parties involved. The New Mexico Participation Agreement between Variable Insurance Products Fund, III, Lincoln Life and Annuity Company of New York is crucial in defining the rights and responsibilities of the participants. It clarifies the investment objectives, options, and risks associated with participation in the Variable Insurance Products Fund, III. It also outlines the information related to fees, charges, and expenses that may be incurred by the participants. One of the notable aspects of this agreement is the inclusion of various types of participation options. These include individual participation, group participation, and employer-sponsored retirement plans. Each of these options has specific terms and conditions that are clearly defined within the agreement. In the New Mexico Participation Agreement, participants can find detailed explanations of the investment options offered by Variable Insurance Products Fund, III. These options may include equity funds, bond funds, money market funds, and other asset classes. The agreement highlights the investment risks associated with each option, such as market volatility, interest rate fluctuations, and potential loss of principal. Furthermore, the agreement clearly states the obligations and responsibilities of the Lincoln Life and Annuity Company of New York towards the participants. It includes the disclosure of financial information, reporting of performance and returns, and provision of periodic updates. Additionally, the agreement outlines the procedures for making contributions, withdrawals, and transfers, providing participants with a comprehensive understanding of their rights and abilities to manage their investments within the fund. In summary, the New Mexico Participation Agreement between Variable Insurance Products Fund, III and Lincoln Life and Annuity Company of New York is a comprehensive document that facilitates the relationship between the participants and the company. It provides clear guidelines and protection for both parties involved, ensuring transparency and effective management of the Variable Insurance Products Fund, III within the state of New Mexico.
The New Mexico Participation Agreement between Variable Insurance Products Fund, III and Lincoln Life and Annuity Company of New York is a legally binding document that outlines the terms and conditions of participation in the Variable Insurance Products Fund, III offered by Lincoln Life and Annuity Company of New York in the state of New Mexico. This agreement is designed to provide comprehensive information and protection to both the parties involved. The New Mexico Participation Agreement between Variable Insurance Products Fund, III, Lincoln Life and Annuity Company of New York is crucial in defining the rights and responsibilities of the participants. It clarifies the investment objectives, options, and risks associated with participation in the Variable Insurance Products Fund, III. It also outlines the information related to fees, charges, and expenses that may be incurred by the participants. One of the notable aspects of this agreement is the inclusion of various types of participation options. These include individual participation, group participation, and employer-sponsored retirement plans. Each of these options has specific terms and conditions that are clearly defined within the agreement. In the New Mexico Participation Agreement, participants can find detailed explanations of the investment options offered by Variable Insurance Products Fund, III. These options may include equity funds, bond funds, money market funds, and other asset classes. The agreement highlights the investment risks associated with each option, such as market volatility, interest rate fluctuations, and potential loss of principal. Furthermore, the agreement clearly states the obligations and responsibilities of the Lincoln Life and Annuity Company of New York towards the participants. It includes the disclosure of financial information, reporting of performance and returns, and provision of periodic updates. Additionally, the agreement outlines the procedures for making contributions, withdrawals, and transfers, providing participants with a comprehensive understanding of their rights and abilities to manage their investments within the fund. In summary, the New Mexico Participation Agreement between Variable Insurance Products Fund, III and Lincoln Life and Annuity Company of New York is a comprehensive document that facilitates the relationship between the participants and the company. It provides clear guidelines and protection for both parties involved, ensuring transparency and effective management of the Variable Insurance Products Fund, III within the state of New Mexico.