Common use of Individual Plans Clause in Contracts

Individual Plans. If Plan pays commissions for the sale of individual plans, commissions will only be paid on premium paid by an individual that has designated Agent as the Agent of Record on the member’s application to Plan. Commissions are not payable for any period of which Agent is not Agent of Record for the individual.

Appears in 2 contracts

Sources: Agent Agreement, Agent Agreement

Individual Plans. If Plan pays commissions for the sale of individual plans, commissions will only be paid on premium paid by an individual that has designated Agent as the Agent of Record on the member’s application to Plan. Commissions are not payable for any period of which Agent is not Agent of Record for the individual.as

Appears in 1 contract

Sources: Agent Agreement