Tennessee Administration Agreement refers to a legal contract entered into by First American Insurance Portfolios, Inc. (FAIR) and U.S. Bank National Association (US BNA) for administrative services related to insurance portfolios within the state of Tennessee. This agreement outlines the responsibilities, obligations, and terms governing the relationship between both parties. The Tennessee Administration Agreement encompasses various types of agreements tailored to specific insurance portfolios. Some different types of agreements under this umbrella include: 1. Property and Casualty Insurance Administration Agreement: This particular agreement establishes the scope of services provided by FAIR as the administrator for property and casualty insurance products offered by US BNA in Tennessee. It outlines the administrative tasks, reporting requirements, and communication protocols between both parties. 2. Life Insurance Administration Agreement: This type of agreement focuses on the administration of life insurance policies offered by US BNA within Tennessee. It includes provisions related to policy issuance, claims processing, premium collection, and customer services. FAIR assumes the responsibilities of managing the administrative functions on behalf of US BNA. 3. Health Insurance Administration Agreement: The health insurance administration agreement covers the administration of various health insurance plans, such as medical, dental, and vision policies, provided by US BNA in Tennessee. FAIR's role involves handling enrollment processes, member services, claims management, and coordinating with healthcare providers. 4. Annuity Administration Agreement: This agreement addresses the administrative aspects of annuity products offered by US BNA in Tennessee. FAIR manages activities such as contract administration, policyholder communications, record-keeping, and ensuring compliance with regulatory requirements. The Tennessee Administration Agreement between First American Insurance Portfolios, Inc. and U.S. Bank National Association aims to establish a clear framework for the provision of efficient and streamlined administrative services across a range of insurance products. This collaboration ensures that policyholders receive prompt and reliable support while enabling US BNA to focus on its core functions, such as underwriting and risk management.