Cook Illinois Participation Agreement between Variable Insurance Products Fund, III, Lincoln Life and Annuity Company of New York

• Category: Corporations - Public - Participation
• State: Multi-State
• County: Cook
• Control #: US-EG-9362
• Format: Word; Rich Text

Description

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 Cook Illinois Participation Agreement is an important contract established between the Variable Insurance Products Fund, III and the Lincoln Life and Annuity Company of New York. This agreement outlines the terms and conditions of the parties' participation in the Cook Illinois program, specifically in relation to variable insurance products offered by Lincoln Life and Annuity Company. The Cook Illinois Participation Agreement enables Lincoln Life and Annuity Company of New York to offer its customers the option to invest in variable insurance products through the Variable Insurance Products Fund, III. By entering into this agreement, the fund agrees to act as a vehicle for investment and allows the policyholders to have access to a wide range of investment options. Under this agreement, Lincoln Life and Annuity Company of New York serves as the issuer of the insurance product, while the Variable Insurance Products Fund, III acts as the investment platform through which the policyholders can allocate their premiums amongst various investment options. The participation agreement outlines the specific terms regarding the allocation of premiums, investment options available, and any associated fees or charges. It also outlines the rights and responsibilities of both parties, including the obligations of the fund to manage the investments in accordance with the policyholders' instructions. Furthermore, the Cook Illinois Participation Agreement may have different types or variations depending on the specific product or service being offered. Examples of variations that may exist in the Cook Illinois Participation Agreement include options such as variable universal life insurance or variable annuity contracts. In conclusion, the Cook Illinois Participation Agreement serves as a legally binding contract between the Variable Insurance Products Fund, III and Lincoln Life and Annuity Company of New York, governing their participation in the Cook Illinois program and the provision of variable insurance products. Understanding the specifics of this agreement is crucial for all parties involved to ensure a smooth and transparent investment experience.

The Cook Illinois Participation Agreement is an important contract established between the Variable Insurance Products Fund, III and the Lincoln Life and Annuity Company of New York. This agreement outlines the terms and conditions of the parties' participation in the Cook Illinois program, specifically in relation to variable insurance products offered by Lincoln Life and Annuity Company. The Cook Illinois Participation Agreement enables Lincoln Life and Annuity Company of New York to offer its customers the option to invest in variable insurance products through the Variable Insurance Products Fund, III. By entering into this agreement, the fund agrees to act as a vehicle for investment and allows the policyholders to have access to a wide range of investment options. Under this agreement, Lincoln Life and Annuity Company of New York serves as the issuer of the insurance product, while the Variable Insurance Products Fund, III acts as the investment platform through which the policyholders can allocate their premiums amongst various investment options. The participation agreement outlines the specific terms regarding the allocation of premiums, investment options available, and any associated fees or charges. It also outlines the rights and responsibilities of both parties, including the obligations of the fund to manage the investments in accordance with the policyholders' instructions. Furthermore, the Cook Illinois Participation Agreement may have different types or variations depending on the specific product or service being offered. Examples of variations that may exist in the Cook Illinois Participation Agreement include options such as variable universal life insurance or variable annuity contracts. In conclusion, the Cook Illinois Participation Agreement serves as a legally binding contract between the Variable Insurance Products Fund, III and Lincoln Life and Annuity Company of New York, governing their participation in the Cook Illinois program and the provision of variable insurance products. Understanding the specifics of this agreement is crucial for all parties involved to ensure a smooth and transparent investment experience.