Common use of Contract Delivery Clause in Contracts

Contract Delivery. Broker shall deliver newly issued contracts to the contract owner in accordance with MetLife’s published guidelines. In the case of long‐term care insurance, Broker shall deliver each new long‐term care insurance contract within thirty (30) days of the contract’s approval date, Broker shall have each contract owner sign a delivery receipt consistent with MetLife’s requirements. For medically underwritten policies, in situations in which no premium is paid with the application, Broker shall deliver a policy only if, to the best of his or her knowledge, the insured is in as good a condition of health and insurability as is stated in the original application for the contract. If ▇▇▇▇▇▇ becomes aware of any change in condition of health and insurability, the policy must not be delivered to the contract owner but must be returned to MetLife.