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 Virgin Islands 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 the partnership between these entities in relation to variable insurance products. This agreement is specific to the Virgin Islands region and is designed to facilitate the provision of variable insurance products to customers in that area. The main purpose of this agreement is to establish the roles, responsibilities, and obligations of both parties involved. It includes important details such as the duration of the agreement, the specific products that are covered, and the precise terms of compensation and revenue sharing between Variable Insurance Products Fund, III and Lincoln Life and Annuity Company of New York. Additionally, the Virgin Islands Participation Agreement may also encompass different types of agreements, depending on the nature of the variable insurance products being offered. For example, there could be separate agreements for life insurance products, annuities, and other specific types of insurance coverage. Each agreement is tailored to address the unique considerations and requirements of the specific product. Keywords: Virgin Islands, Participation Agreement, Variable Insurance Products Fund, III, Lincoln Life and Annuity Company of New York, variable insurance products, partnership, terms and conditions, responsibilities, obligations, compensation, revenue sharing, products, life insurance, annuities, insurance coverage.
The Virgin Islands 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 the partnership between these entities in relation to variable insurance products. This agreement is specific to the Virgin Islands region and is designed to facilitate the provision of variable insurance products to customers in that area. The main purpose of this agreement is to establish the roles, responsibilities, and obligations of both parties involved. It includes important details such as the duration of the agreement, the specific products that are covered, and the precise terms of compensation and revenue sharing between Variable Insurance Products Fund, III and Lincoln Life and Annuity Company of New York. Additionally, the Virgin Islands Participation Agreement may also encompass different types of agreements, depending on the nature of the variable insurance products being offered. For example, there could be separate agreements for life insurance products, annuities, and other specific types of insurance coverage. Each agreement is tailored to address the unique considerations and requirements of the specific product. Keywords: Virgin Islands, Participation Agreement, Variable Insurance Products Fund, III, Lincoln Life and Annuity Company of New York, variable insurance products, partnership, terms and conditions, responsibilities, obligations, compensation, revenue sharing, products, life insurance, annuities, insurance coverage.