Examples of Producer in a sentence
Producer agrees to disclose any information that may affect the insurability of insured.
Direct Bill policies: Producer shall exercise best efforts to assist carrier to collect unpaid audit and other premiums.
Producer will be relieved of responsibility only if and when the issuing company relieves PMC of its responsibility to collect such premium.
Producer understands that in providing quotes and/or coverage, PMC is relying upon the accuracy of information provided by insured through Producer and submitted to PMC.
Agency Billed policies: the Producer accepts full and entire responsibility to PMC for the collection and payment of all earned premiums due on insurance contracts arranged by PMC, regardless of the collectability or collection status of the account by the Producer.