Common Contracts
1 similar Third Party Administrator Agreement contracts
ContractThird Party Administrator Agreement • October 17th, 2012
Third Party Administrator Agreement Compliance ChecklistPursuant to IC 27-1-25 Directions: Please complete a compliance checklist for each administrative agreement. Indicate in the “Located” section where inthe agreement the State statute citation can be located. In addition, each contract should be highlighted or marked in the margin indicating the below citations. Statute Requirement Located Dept Use Only 27-1-25-2 (a) An administrator may act only if there is a written agreement between theadministrator and an insurer. This agreement must conform to the requirements of this chapter, which apply to the functions performed by the administrator. Comments: 27-1-25-2 (b) An agreement between an administrator and an insurer must be retained by bothparties as part of their official records for a period of not less than five (5) years after the termination of the agreement. Comments: 27-1-25-2 (c) When a policy is issued to a trustee, a copy of the trust agreement and all ame
