Corporate Intermediaries definition

Corporate Intermediaries means any legally constituted entity or corporation contractually related to the MGA and to the Broker and establishing a business relationship between the Company, the MGA and the Broker. Corporate Intermediary also includes, but is not limited to any Associate General Agent, Professional Corporation, or other similar legal entity. For the purpose of this Contract, and unless otherwise defined in this Contract, the word “Client” means the client of the Brokers contracted with the CI and having purchased a Company product. Client also means an insured or an annuitant under a Company’s product. For the purpose of this Contract, the expression “Company Rules” means the rules, guidelines, directives and instructions established and/or issued from time to time by the Company respecting soliciting and servicing life and health and annuity business and to facilitate the administration of such business and the management of this Contract. The Company Rules may be published by the Company from time to time on its secured website, accessible to the CI and the MGA.
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Examples of Corporate Intermediaries in a sentence

  • Even though most of the sections are applicable to MGAs, Corporate Intermediaries and Brokers, other sections are specific to Brokers only.

  • The Company cherishes its business relationship with its MGAs, Corporate Intermediaries and Brokers, hereafter referred to as “partners” or as “you”.

  • This Code of Conduct is not a replacement of the MGA or Corporate Intermediaries code of conduct or any other applicable industry codes of conduct.

  • In the context that each of the MGA, Corporate Intermediaries and Brokers all play an important role in the selling, distribution and servicing of clients, the Company expects that the terms of this Code of Conduct be complied with at all levels.

  • In the context that each of the MGA, Corporate Intermediaries and Brokers all play an important role in the selling, distribution and servicing of Clients, the Company expects that the terms of this Code of Conduct be complied with at all levels.