SECURING APPLICATION. Each application for a Contract shall be made -------------------- on an application form provided by the INSURER and all payments collected by SELLING BROKER-DEALER or any of its Representatives shall be remitted promptly in full, together with such application form and any other required documentation directly to the INSURER at the address indicated on such application or to such other address as may be designated by the INSURER. All such payments and documents shall be the property of the INSURER. SELLING BROKER-DEALER shall review all such applications for completeness and for compliance with the conditions herein including the suitability and prospectus delivery requirements set forth above under Sections 2(d) and (e). Check or money order in payment of such Contracts should be made payable to the order of SECURITY LIFE or First ING, whichever is the issuer of the Contracts. All applications are subject to acceptance or rejection by the Insurer in its sole discretion.
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Samples: Broker Dealer Supervisory and Selling Agreement (Security Life Separate Account A1), Broker Dealer Supervisory and Selling Agreement (Security Life Separate Account L1)
SECURING APPLICATION. Each application for a Contract shall be made -------------------- on an application form provided by the INSURER and all payments collected by SELLING BROKER-DEALER or any of its Representatives shall be remitted promptly in full, together with such application form and any other required documentation directly to the INSURER at the address indicated on such application or to such other address as may be designated Selling by the INSURER. All such payments and documents shall be the property of the INSURER. SELLING BROKER-BROKER- DEALER shall review all such applications for completeness and for compliance with the conditions herein including the suitability and prospectus delivery requirements set forth above under Sections 2(d) and (e). Check or money order in payment of such Contracts should be made payable to the order of SECURITY LIFE or First FIRST ING, whichever is the issuer of the Contracts. All applications are subject to acceptance or rejection by the Insurer INSURER in its sole discretion.
Appears in 1 contract
Samples: Broker Dealer Supervisory and Selling Agreement (Security Life Separate Account L1)
SECURING APPLICATION. Each application for a Contract shall be made -------------------- on an application form provided by the INSURER and all payments collected by SELLING BROKER-DEALER or any of its Representatives shall be remitted promptly in full, together with such application form and any other required documentation directly to the INSURER at the address indicated on such application or to such other address as may be designated by the INSURER. All such payments and documents shall be the property of the INSURER. SELLING BROKER-DEALER shall review all such applications for completeness and for compliance with the conditions herein including the suitability and prospectus delivery requirements set forth above under Sections 2(d) and (e). Check or money order in payment of such Contracts should be made payable to the order of SECURITY LIFE or First INGSOUTHLAND, whichever is as the issuer of the Contracts. All applications are subject to acceptance or rejection by the Insurer INSURER in its sole discretion.
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