Common use of Delivery of Policies and Contracts Clause in Contracts

Delivery of Policies and Contracts. a. You shall promptly deliver all items given to you for delivery to another person or the Company; provided, however, delivery of a life insurance policy approved and issued by the Company may be made only if: (1) the proposed insured at the time of delivery is, to the best of your knowledge and belief, in as good a condition of health and insurability as is stated in the application/order ticket/request form for such policy; and (2) the first premium has been fully paid.

Appears in 4 contracts

Samples: Agency Agreement, Agency Agreement, Broker Dealer Master Agreement

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