Common use of Insurance Company’s Responsibilities Clause in Contracts

Insurance Company’s Responsibilities. Insurance Company shall make available to 1851, as necessary, Plan prospectuses, applications and sales and advertising material. Insurance Company shall be responsible for the approval of sales and advertising material if required by state and other local insurance regulatory authorities. Insurance Company shall comply with New York Insurance Laws and Regulations applicable to such sales and advertising material. It is understood and acknowledged that Insurance Company, in its capacity and at its own expense as the insurance company developing, issuing and administering the subject Plans, performs on its own or through its affiliates various general corporate support activities and functions in furtherance of its business, including, by way of example and not of limitation, accounting, systems, human resources, facilities management, legal, and compliance, some of which may, from time to time, be in furtherance of the principal underwriter, and related wholesaling, function contemplated by this Agreement.