MEMORANDUM OF UNDERSTANDING BETWEENPremium Financing • December 1st, 2006
This Memorandum of Understanding is established between MetLife and the Producer regarding the use of MetLife products in transactions involving Premium Financing. MetLife will underwrite applications submitted by the Producer in transactions involving Premium Financing and consider issuing such policies provided the Producer meets and continues to satisfy all of the terms and conditions imposed herein. MetLife may modify the terms and conditions of this Memorandum of Understanding from time-to-time without prior notice. For each case submitted, the Producer agrees that each case will meet the following conditions and will adhere to the following procedures:
