Fidelity Bond and Errors and Omissions Coverage. Broker/Dealer represents that all of its directors, officers, employees and Registered Representatives are and shall be continuously covered by a blanket fidelity bond covering for larceny and embezzlement and issued by a reputable bonding company. This bond shall be maintained at Broker/Dealer's expense and shall be at least of the form, type and amount required under the NASD Conduct Rules. Broker/Dealer and Selling Entities represent that its agents are covered by Errors and Omissions insurance.
Appears in 5 contracts
Samples: Selling Agreement (Travelers Fund Ul Iii for Variable Life Insurance), Selling Agreement (Travelers Fund Ul for Variable Life Insurance), Selling Agreement (Travelers Fund Bd Iii for Variable Annuities)
Fidelity Bond and Errors and Omissions Coverage. Broker/Dealer represents that all of its directors, officers, employees and Registered Representatives are and shall be continuously covered by a blanket fidelity bond covering for larceny and embezzlement and issued by a reputable bonding company. This bond shall be maintained at Broker/Dealer's expense and shall be at least of the form, type and amount required under the NASD Conduct Rules. Broker/Dealer and Selling Entities each represent and warrant that its agents are covered by Errors and Omissions insurance.
Appears in 2 contracts
Samples: Selling Agreement (Travelers Fund Abd for Variable Annuities), Selling Agreement (Travelers Fund Ul for Variable Life Insurance)
