Common use of Authority and Responsibility of Producer When Utilizing Clause in Contracts

Authority and Responsibility of Producer When Utilizing. InsureZone Carrier Contracts a) Duly Licensed - Producer shall be licensed and in good standing with all required state insurance authorities and will provide copies of all such licenses to InsureZone as part of the Producer approval process. The maintenance of such license in good standing shall be at all times the responsibility of Producer as an express condition to continuation of this agreement. In the event of any cancellation, revocation, suspension or forfeiture of such license, Producer shall immediately notify InsureZone of the complete details thereof, and Producer shall forfeit all commissions, earned or unearned, on Policies effective as of such cancellation, revocation, suspension or forfeiture of license. Producer acknowledges that policies may only be written and commissions received in the states in which Producer is duly licensed and a copy of the current license is on file with InsureZone. b) User Accounts - Producer shall set up separate User accounts for each Producer User of the InsureZone website. The Primary User (Owner) of the Producer creates User accounts within the Manage Users section of the Administration menu in the InsureZone Private Site.

Appears in 3 contracts

Samples: Producer Agreement, Producer Agreement, Producer Agreement

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Authority and Responsibility of Producer When Utilizing. InsureZone AgentSecure Carrier Contracts a) Duly Licensed - Producer shall be licensed and in good standing with all required state insurance authorities and will provide copies of all such licenses to InsureZone AgentSecure as part of the Producer approval process. The maintenance of such license in good standing shall be at all times the responsibility of Producer as an express condition to continuation of this agreement. In the event of any cancellation, revocation, suspension or forfeiture of such license, Producer shall immediately notify InsureZone AgentSecure of the complete details thereof, and Producer shall forfeit all commissions, earned or unearned, on Policies effective as of such cancellation, revocation, suspension or forfeiture of license. Producer acknowledges that policies may only be written and commissions received in the states in which Producer is duly licensed and a copy of the current license is on file with InsureZoneAgentSecure. b) User Accounts - Producer shall set up separate User accounts account for each Producer User of the InsureZone AgentSecure website. The Primary User (Owner) of the Producer creates User accounts within the Manage Users section of the Administration menu in the InsureZone AgentSecure Private Site.

Appears in 1 contract

Samples: Producer Agreement

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Authority and Responsibility of Producer When Utilizing. InsureZone Carrier Contracts a) Duly Licensed - Producer shall be licensed and in good standing with all required state insurance authorities and will provide copies of all such licenses to InsureZone as part of the Producer approval process. The maintenance of such license in good standing shall be at all times the responsibility of Producer as an express condition to continuation of this agreement. In the event of any cancellation, revocation, suspension or forfeiture of such license, Producer shall immediately notify InsureZone of the complete details thereof, and Producer shall forfeit all commissions, earned or unearned, on Policies effective as of such cancellation, revocation, suspension or forfeiture of license. Producer acknowledges that policies may only be written and commissions received in the states in which Producer is duly licensed and a copy of the current license is on file with InsureZone. b) User Accounts - Producer shall set up separate User accounts account for each Producer User of the InsureZone website. The Primary User (Owner) of the Producer creates User accounts within the Manage Users section of the Administration menu in the InsureZone Private Site.

Appears in 1 contract

Samples: Producer Agreement

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