The Wisconsin Wholesale Agreement between Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP is a legally binding contract that outlines the terms and conditions for the wholesale distribution of insurance and financial products in the state of Wisconsin. This agreement is designed to provide a framework for the mutual collaboration and working relationship between these entities, ensuring compliance with Wisconsin's regulatory framework and protecting the interests of all parties involved. This wholesale agreement encompasses various types of agreements, each tailored to specific aspects of the distribution process. Some common types of Wisconsin Wholesale Agreements between these entities may include: 1. Distribution Agreement: This agreement outlines the terms and conditions for the distribution of insurance and financial products by Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP within the state of Wisconsin. It includes provisions related to marketing, sales efforts, product training, and support. 2. Compensation Agreement: This agreement specifies the compensation structure for the wholesale distribution partners involved. It may cover commission rates, fee structures, and performance-based incentives. The agreement ensures transparency and clarity in terms of financial arrangements. 3. Compliance Agreement: This agreement focuses on ensuring compliance with all applicable laws, regulations, and industry standards governing the wholesale distribution of insurance and financial products in Wisconsin. It defines the responsibilities of each party to abide by these rules and provides a framework for monitoring and reporting compliance. 4. Marketing and Branding Agreement: This agreement pertains to the marketing and branding efforts undertaken by Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP in Wisconsin. It may involve joint marketing campaigns, co-branding initiatives, and guidelines for using intellectual property and trademarks. 5. Training and Education Agreement: This agreement outlines the training and educational support provided by Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP to their wholesale distribution partners in Wisconsin. It ensures that partners have the necessary knowledge and expertise to effectively promote and sell their insurance and financial products. In summary, the Wisconsin Wholesale Agreement between Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp., and Delaware Distributors, LP is a comprehensive contract governing the wholesale distribution of insurance and financial products in Wisconsin. It covers various types of agreements, ensuring compliance, defining compensation structures, and fostering beneficial working relationships between the parties involved.
Wisconsin Wholesale Agreement between Lincoln Life and Annuity Co. of New York, Lincoln Financial Advisors Corp. and Delaware Distributors, LP
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