Common use of SECURING APPLICATIONS Clause in Contracts

SECURING APPLICATIONS. Each application for a Contract shall be made only on an application form provided by the appropriate ING Insurer. The Distributor shall review all such applications for completeness and for compliance with the conditions herein including, in the case of registered Contracts, the suitability and prospectus delivery requirements set forth above under Sections 2(d) and (e). All payments collected by the Distributor, or any of its Representatives, shall be remitted promptly, in full, without deduction or reduction, together with such application form and any other required documentation directly to the appropriate ING Insurer at the address indicated on such application or to such other address as may be designated by such ING Insurer. All such payments and documents shall be the property of the ING Insurers. Checks or money orders in payment of such Contracts should be made payable to the order of the ING Insurer issuing the Contracts. The ING Insurers reserve the right to reject, in their sole discretion, any Contract application and return any payment made in connection with an application which is rejected. Unless otherwise agreed, Contracts issued on applications accepted by an ING Insurer shall be forwarded to the Representative of the Distributor for prompt delivery to the policyowner.