State Insurance Restrictions. The Company acknowledges and agrees that it is the responsibility of the Company and other Participating Insurance Companies to determine investment restrictions and any other restrictions, limitations or requirements under state insurance law applicable to any Fund or the Trust or the Distributor, and that neither the Trust nor the Distributor shall bear any responsibility to the Company, other Participating Insurance Companies or any Product Owners for any such determination or the correctness of such determination.
Appears in 13 contracts
Samples: Participation Agreement (Principal Life Insurance Co Variable Life Sep Account), Participation Agreement (Peoples Benefit Life Insurance Co Separate Account V), Participation Agreement (Annuity Investors Variable Account B)
State Insurance Restrictions. The Company acknowledges and agrees that it is the responsibility of the Company and other Participating Insurance Companies to determine investment restrictions and any other restrictions, limitations or requirements under state insurance law applicable to any Fund or the Trust or appropriateness of offering the Distributor, Trusts through its Contracts and that neither the Trust Adviser nor the Distributor Trust shall bear any responsibility to the Company, other Participating Insurance Companies the Contracts or any Product Owners Accounts for any such determination or the correctness of such determination.
Appears in 4 contracts
Samples: Participation Agreement (SBL Variable Annuity Account Xiv), Participation Agreement (SBL Variable Annuity Account Xiv), Participation Agreement (SBL Variable Annuity Account Xiv)
State Insurance Restrictions. The Company acknowledges and agrees that it is the responsibility of the Company and other Participating Insurance Companies to determine investment restrictions and any other restrictions, limitations or requirements under state insurance law applicable to any Fund or the Accounts of the Company. The Trust or the Distributor, Distributor each acknowledges and agrees that neither the Trust nor the Distributor shall bear they each are responsible to determine whether any responsibility and all investment and other restrictions applicable to the CompanyFund, other Participating Insurance Companies or any Product Owners for any such determination or the correctness of such determinationTrust and Distributor comply with applicable state insurance and blue sky requirements.
Appears in 2 contracts
Samples: Participation Agreement (Variable Account D of Union Security Insurance Co), Participation Agreement (Hartford Life Insurance Co Separate Account Seven)
State Insurance Restrictions. The Company acknowledges and agrees that it is the responsibility of the Company and other Participating Insurance Companies to determine investment restrictions and any other restrictions, limitations or requirements under state insurance law applicable to any Fund or the Trust or the Distributor, and that neither the Trust nor the Distributor shall bear any responsibility to the Company, other Participating Insurance Companies or any Product Owners for any such determination or the correctness of such determinationdetermination 4.6.
Appears in 1 contract
Samples: Participation Agreement (Horace Mann Life Insurance Co Separate Account)
State Insurance Restrictions. The Company acknowledges and agrees that it is the responsibility of the Company and other Participating Insurance Companies to determine investment restrictions and any other restrictions, limitations or requirements under state insurance law applicable to any Fund or the Trust or the Distributor, and that neither the Trust nor the Distributor shall bear any responsibility to the Company, other Participating Insurance Companies or any Product Owners for any such determination or the correctness of such determination.
Appears in 1 contract
Samples: Fund Participation Agreement (Horace Mann Life Insurance Co Separate Account)
