Common use of Agent of Record Clause in Contracts

Agent of Record. At initial enrollment, individuals may notify the Exchange of an Agent delegation. The Exchange shall send notice of the delegation to the Contractor via the 834 enrollment file. Upon receipt of the 834 enrollment file, Contractor shall approve the delegation (unless an Agent is not licensed or not appointed) and has five (5) days to update their system. The Exchange recognizes that Contractor may contract with insurance agencies who employ or contract with Agents. The Exchange further understands that Contractor may delegate an employed or contracted Agent writing business for the benefit of an Agency. If requested, the Contractor shall send an Agent of Record Exception Report which includes any changes the Exchange requested, but were not made.

Appears in 3 contracts

Samples: Qualified Health Plan Issuer Contract, Qualified Health Plan Issuer Contract, Qualified Health Plan Issuer Contract

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Agent of Record. At initial enrollment, individuals may notify the Exchange of an Agent delegation. The Exchange shall send notice of the delegation to the Contractor via the 834 enrollment file. Upon receipt of the 834 enrollment file, Contractor shall approve the delegation (unless an Agent is not licensed or not appointed) and has five (5) days to update their system. The Exchange recognizes that Contractor may contract with insurance agencies who employ or contract with Agents. The Exchange further understands that Contractor may delegate an employed or contracted Agent writing business for the benefit of an Agency. If requested, the The Contractor shall send an Agent of Record Exception Report which includes any changes the Exchange requested, but were not made, if requested by the Exchange.

Appears in 2 contracts

Samples: Qualified Dental Plan Issuer Contract, Qualified Dental Plan Issuer Contract

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Agent of Record. At initial enrollment, individuals may notify the Exchange of an Agent delegation. The Exchange shall send notice of the delegation to the Contractor via the 834 enrollment file. Upon receipt of the 834 enrollment file, Contractor contractor shall approve the delegation (unless an Agent is not licensed or not appointed) and has five (5) days to update their system. The Exchange recognizes that Contractor may contract with insurance agencies who employ or contract with Agents. The Exchange further understands that Contractor may delegate an employed or contracted Agent writing business for the benefit of an Agency. If requested, the The Contractor shall send an Agent of Record Exception Report which includes any changes the Exchange requested, but were not made, if requested by the Exchange.

Appears in 1 contract

Samples: Qualified Dental Plan Issuer Contract

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