Common use of IMSA Clause in Contracts

IMSA. MLIDC is a member of the American Council of Life Insurance's ----- Insurance Marketplace Standards Association (IMSA), and expects that Broker shall abide by the six principles of ethical market conduct set forth by IMSA in connection with all Contracts sold pursuant to this Agreement. The six principles are as follows: (a) to conduct business according to high standards of honesty and fairness and to render that service to its customers which in the same circumstances, it would apply to or demand for itself; (b) to provide competent and customer focused sales and service; (c) to engage in active and fair competition; (d) to provide advertising and sales material that are clear as to purpose and honest and fair as to content; (e) to provide fair and expeditious handling of customer complaints and disputes; and (f) to maintain a system of supervision and review that is reasonably designed to achieve compliance with these principles of ethical market conduct. Broker shall furnish information, documentation and reports to MLIDC as it may reasonably request in order to permit MLIDC to ascertain whether Broker is conducting its operations in accordance with the Principles of Ethical Market Conduct.

IMSA. MLIDC is a member of the American Council of Life Insurance's ----- Insurance Marketplace Standards Association (IMSA), and expects that Broker shall abide by the six principles of ethical market conduct set forth by IMSA in connection with all Contracts sold pursuant to this Agreement. The six principles are as follows: (a) to conduct business according to high standards of honesty and fairness and to render that service to its customers which in the same circumstances, it would apply to or demand for itself; (b) to provide competent and customer focused sales and service; (c) to engage in active and fair competition; (d) to provide advertising and sales material that are clear as to purpose and honest and fair as to content; (e) to provide fair and expeditious handling of customer complaints and disputes; and (f) to maintain a system of supervision and review that is reasonably designed to achieve compliance with these principles of ethical market conduct. Broker shall furnish information, documentation and reports to MLIDC as it may reasonably request in order to permit MLIDC to ascertain whether Broker is conducting its operations in accordance with the Principles of Ethical Market Conduct.

IMSA. MLIDC is a member of the American Council of Life Insurance's ----- ---- Insurance Marketplace Standards Association (IMSA), and expects that Broker shall abide by the six principles of ethical market conduct set forth by IMSA in connection with all Contracts sold pursuant to this Agreement. The six principles are as follows: (a) to conduct business according to high standards of honesty and fairness and to render that service to its customers which in the same circumstances, it would apply to or demand for itself; (b) to provide competent and customer focused sales and service; (c) to engage in active and fair competition; (d) to provide advertising and sales material that are clear as to purpose and honest and fair as to content; (e) to provide fair and expeditious handling of customer complaints and disputes; and (f) to maintain a system of supervision and review that is reasonably designed to achieve compliance with these principles of ethical market conduct. Broker shall furnish information, documentation and reports to MLIDC as it may reasonably request in order to permit MLIDC to ascertain whether Broker is conducting its operations in accordance with the Principles of Ethical Market Conduct.