Common use of State Insurance Law Compliance Clause in Contracts

State Insurance Law Compliance. Insurer shall be responsible for preparing the Contract forms and filing them with the New York Insurance Department and any other State Insurance Commission, to the extent required. Insurer shall obtain and maintain approvals of the Contracts and the Separate Account (including for purposes of this Section 6.d only any separate account established with respect to Contracts that are not Variable Contracts) from the New York Insurance Department and any other State Insurance Commission, to the extent required, in order to carry out the offering of the Contracts in New York. Insurer shall take all action required to cause the Contracts to continue to comply, in all material respects, as annuity contracts or life insurance contracts, as applicable, under New York insurance laws and the insurance laws of any other State, to the extent required. Insurer shall file promotional, sales and advertising material for the Contracts and Separate Account, to the extent required, with the New York Insurance Department and any other State Insurance Commission.

Appears in 4 contracts

Samples: Distribution Agreement (Variable Annuity I Ser Acc of GRT West Li & Annu Ins Co of Ny), Distribution Agreement (COLI VUL-2 Series Account of Great-West Life & Annuity Insurance Co of New York), Distribution Agreement (Variable Annuity Account a of Protective Life)

AutoNDA by SimpleDocs
Draft better contracts in just 5 minutes Get the weekly Law Insider newsletter packed with expert videos, webinars, ebooks, and more!