ANNUITY AGENTS Sample Clauses
The "Annuity Agents" clause defines the roles and responsibilities of individuals or entities authorized to sell or manage annuity products on behalf of an insurer or financial institution. Typically, this clause outlines the qualifications required for agents, the scope of their authority, and any compliance obligations they must meet, such as licensing or adherence to regulatory standards. By clearly delineating who may act as an annuity agent and under what conditions, the clause helps ensure that only qualified professionals handle annuity transactions, thereby protecting consumers and maintaining regulatory compliance.
ANNUITY AGENTS. DSI is authorized to appoint the broker/dealer described in paragraph 3. above as agents of Golden American for the sale of Annuity Contracts. Golden American will undertake to appoint such agents authorized to represent Golden American in the appropriate states or jurisdictions; provided that Golden American reserves the right to refuse to appoint any proposed agent, or once appointed to terminate the same without notice.
ANNUITY AGENTS. DSI is authorized to appoint the broker/dealers described in paragraph 3. above as agents of ING USA for the sale of Annuity Contracts. ING USA will undertake to appoint such as agents authorized to represent ING USA in the appropriate states or jurisdictions; provided that ING USA reserves the right to refuse to appoint any proposed agent, or once appointed to terminate the same without notice.
ANNUITY AGENTS. DSL is authorized to appoint the broker/dealers described in paragraph 3 above as agents of ILIAC for the sale of Annuity Contracts. ILIAC will undertake to appoint such agents authorized to represent ILIAC in the appropriate states or jurisdictions; provided that ILIAC reserves the right to refuse to appoint any proposed agent, or once appointed to terminate the same without notice.