Oklahoma Distribution Agreement between First American Insurance Portfolios, Inc. and SEI Financial Services Company

• Category: Corporations - Public - Distribution
• State: Multi-State
• Control #: US-EG-9187
• Format: Word; Rich Text

Description

Distribution Agreement between First American Insurance Portfolios, Inc. and SEI Financial Services Company dated December 8, 1999. 9 pages The Oklahoma Distribution Agreement between First American Insurance Portfolios, Inc. and SET Financial Services Company is a legally binding contract that outlines the terms and conditions of the distribution of insurance products offered by First American Insurance Portfolios, Inc. through SET Financial Services Company in the state of Oklahoma. This agreement enables SET Financial Services Company to act as a distributor for First American Insurance Portfolios, Inc. and offer their insurance products to Oklahoma residents. The agreement covers various aspects related to the distribution of these products. It specifies the responsibilities and obligations of both parties involved, ensuring a clear understanding of the roles each party plays. It outlines the terms for marketing and selling the insurance products, including any limitations or restrictions imposed by either party. In addition to the general Oklahoma Distribution Agreement, there may be specific types or variations of agreements depending on the types of insurance products being distributed. Some different types of distribution agreements commonly seen between First American Insurance Portfolios, Inc. and SET Financial Services Company in Oklahoma include: 1. Life Insurance Distribution Agreement: This agreement focuses specifically on the distribution of life insurance products offered by First American Insurance Portfolios, Inc. through SET Financial Services Company. It may include details about premiums, coverage options, commissions, and other factors relevant to life insurance distribution. 2. Property and Casualty Insurance Distribution Agreement: This agreement pertains to the distribution of property and casualty insurance products in Oklahoma. It may cover policies for homes, vehicles, businesses, and other assets, outlining procedures for selling and managing such insurance products. 3. Health Insurance Distribution Agreement: This type of agreement focuses on the distribution of health insurance products, including medical, dental, vision, and other health-related coverage options. It outlines the terms for marketing and selling these products to individuals or employer groups. 4. Annuity Distribution Agreement: Annuity products that provide retirement income can also be covered under a separate agreement. This agreement would define the terms of selling and distributing annuity products in Oklahoma, including details about interest rates, surrender charges, and distribution rules. It is essential for both First American Insurance Portfolios, Inc. and SET Financial Services Company to fully understand the terms and conditions outlined in the Oklahoma Distribution Agreement. Compliance with state regulations and oversight by relevant authorities is critical to ensure proper distribution practices and protection for customers seeking insurance products in Oklahoma.

The Oklahoma Distribution Agreement between First American Insurance Portfolios, Inc. and SET Financial Services Company is a legally binding contract that outlines the terms and conditions of the distribution of insurance products offered by First American Insurance Portfolios, Inc. through SET Financial Services Company in the state of Oklahoma. This agreement enables SET Financial Services Company to act as a distributor for First American Insurance Portfolios, Inc. and offer their insurance products to Oklahoma residents. The agreement covers various aspects related to the distribution of these products. It specifies the responsibilities and obligations of both parties involved, ensuring a clear understanding of the roles each party plays. It outlines the terms for marketing and selling the insurance products, including any limitations or restrictions imposed by either party. In addition to the general Oklahoma Distribution Agreement, there may be specific types or variations of agreements depending on the types of insurance products being distributed. Some different types of distribution agreements commonly seen between First American Insurance Portfolios, Inc. and SET Financial Services Company in Oklahoma include: 1. Life Insurance Distribution Agreement: This agreement focuses specifically on the distribution of life insurance products offered by First American Insurance Portfolios, Inc. through SET Financial Services Company. It may include details about premiums, coverage options, commissions, and other factors relevant to life insurance distribution. 2. Property and Casualty Insurance Distribution Agreement: This agreement pertains to the distribution of property and casualty insurance products in Oklahoma. It may cover policies for homes, vehicles, businesses, and other assets, outlining procedures for selling and managing such insurance products. 3. Health Insurance Distribution Agreement: This type of agreement focuses on the distribution of health insurance products, including medical, dental, vision, and other health-related coverage options. It outlines the terms for marketing and selling these products to individuals or employer groups. 4. Annuity Distribution Agreement: Annuity products that provide retirement income can also be covered under a separate agreement. This agreement would define the terms of selling and distributing annuity products in Oklahoma, including details about interest rates, surrender charges, and distribution rules. It is essential for both First American Insurance Portfolios, Inc. and SET Financial Services Company to fully understand the terms and conditions outlined in the Oklahoma Distribution Agreement. Compliance with state regulations and oversight by relevant authorities is critical to ensure proper distribution practices and protection for customers seeking insurance products in Oklahoma.