Common use of COMPLAINTS AND CLAIMS Clause in Contracts

COMPLAINTS AND CLAIMS. You agree to notify us promptly of any complaint, claim or dispute involving an applicant, Contract or contractholder. You will not litigate any dispute with an applicant or policyholder, on any matter relating to the business of this agreement, without our prior written consent. We may settle any claim against us or you arising out of the business of this agreement. If you disagree with our settlement, you may seek arbitration pursuant to Section 7.2. VAR0119 (Rev. 7/00) 6

Appears in 3 contracts

Samples: Separate Acct Vul 5 of Transamerica Occidental Life Ins Co, Separate Account Vul 4 of Transamer Occidental Life Ins Co, Sep Acct Vul-6 of Transamerica Occidental Life Insurance Co

AutoNDA by SimpleDocs

COMPLAINTS AND CLAIMS. You agree to notify us promptly of any complaint, claim or dispute involving an applicant, Contract or contractholder. You will not litigate any dispute with an applicant or policyholder, on any matter relating to the business of this agreement, without our prior written consent. We may settle any claim against us or you arising out of the business of this agreement. If you disagree with our settlement, you may seek arbitration pursuant to Section 7.2. VAR0119 (Rev. 7/00) 6.

Appears in 2 contracts

Samples: Insurance Products Sales Agreement (Transamerica Occidental Life Separate Account Vul 3), Sales Agreement (Separate Account Vul 2 of Transamerica Occidental Life Ins)

AutoNDA by SimpleDocs
Time is Money Join Law Insider Premium to draft better contracts faster.