Common use of Supervisory Responsibilities of General Agent Clause in Contracts

Supervisory Responsibilities of General Agent. General Agent shall train, supervise and be solely responsible for the conduct of Agents in their solicitation activities in connection with the Contracts, and shall supervise Agents' strict compliance with applicable laws, rules and regulations of any governmental or other insurance authorities that have jurisdiction over insurance contract activities, as well as the rules and procedures of Life Company pertaining to the solicitation, sale and submission of applications for the Contracts and the provision of services relating to the Contracts. General Agent shall be solely responsible for background investigations of the proposed agents to determine their qualifications, good character and moral fitness to sell the Contracts and will provide Life Company with copies of such investigations upon its request.

Appears in 3 contracts

Samples: Selling Agreement (Metlife Investors Variable Life Account Five), Selling Agreement (Metlife Investors Variable Life Account One), Selling Agreement (Metlife Investors Variable Life Account One)

AutoNDA by SimpleDocs

Supervisory Responsibilities of General Agent. General Agent shall ______________________________________________ train, supervise and be solely responsible for the conduct of Agents in their solicitation activities in connection with the Contracts, and shall supervise Agents' strict compliance with applicable laws, rules and regulations of any governmental or other insurance authorities that have jurisdiction over insurance contract activities, as well as the rules and procedures of Life Company pertaining to the solicitation, sale and submission of applications for the Contracts and the provision of services relating to the Contracts. General Agent shall be solely responsible for background investigations of the proposed agents to determine their qualifications, good character and moral fitness to sell the Contracts and will provide Life Company with copies of such investigations upon its request.

Appears in 2 contracts

Samples: Selling Agreement (First Metlife Investors Variable Annuity Account One), Selling Agreement (Metlife Investors Variable Annuity Account One)

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