The Kings New York Administration Agreement is a legal document that establishes the relationship between First American Insurance Portfolios, Inc. and U.S. Bank National Association. This agreement outlines the terms and conditions under which U.S. Bank will provide administrative services for the Kings New York insurance portfolio offered by First American. Under this agreement, U.S. Bank National Association will be responsible for various administrative tasks related to the Kings New York insurance portfolio. These tasks may include policy processing, premium collection, claims management, and customer service support. U.S. Bank will act as an intermediary between First American and policyholders, ensuring the smooth operation of the insurance portfolio. The Kings New York Administration Agreement between First American Insurance Portfolios, Inc. and U.S. Bank National Association is designed to protect the interests of both parties involved. It typically includes provisions related to confidentiality, data security, indemnification, and termination rights. This agreement establishes a clear framework that sets expectations and responsibilities for each party, ensuring a mutually beneficial partnership. There may be different types of Kings New York Administration Agreements between First American Insurance Portfolios, Inc. and U.S. Bank National Association, depending on the specific insurance products covered under the portfolio. For example, there could be separate agreements for life insurance, health insurance, or property and casualty insurance. Each agreement would outline the specific terms and conditions related to the particular type of insurance coverage. In summary, the Kings New York Administration Agreement is a contractual agreement between First American Insurance Portfolios, Inc. and U.S. Bank National Association, governing the administrative services provided for the Kings New York insurance portfolio. It ensures a smooth and efficient operation of the insurance portfolio and protects the interests of both parties involved.