General Agent in this Agreement shall refer to Broker-Dealer, which shall undertake all the duties, responsibilities and privileges of General Agent under this Agreement;
General Agent means an agent of the Company whose relationship is determined by a General Agent’s Agreement wherein the General Agent is required to devote his full-time business activities in the hiring, supervision and management of life insurance agents who sell, administer and service the policies and contracts of the Employer.
General Agent. Shall have the meaning given to such term as described in Section III(B)(20) of this Agreement.
Examples of General Agent in a sentence
The Exchange’s intent is to pay market level broker and General Agent compensation.
The commission rate payable to a General Agent by the Exchange shall be established by the Exchange based on its evaluation of market data, including pricing information submitted in connection with its rate bids and pursuant to other policies that are established by the Covered California for Small Business Exchange from time to time.
In addition, the Contractor assumes the risk for any miscalculation of the Contractor distribution costs which may include but are not limited to Agent and General Agent Compensation.
The Exchange shall collect Participation Fee and Agent and General Agent compensation from premiums remitted by Employers and Employees.
More Definitions of General Agent
General Agent means an individual or legal entity who is:
General Agent. A licensed insurance brokerage firm, qualified and operating under the laws of the state of California, with a network of affiliated Agents in the state of California, that is contracted with Covered California. Grace Period – A specified time following the premium due date during which coverage remains in force and an Enrollee or Employer or other authorized person or entity may pay the premium without penalty.
General Agent means an individual or legal entity that is:
General Agent means any individual or organization that (a) is duly licensed and appointed, (b) has successfully completed Company’s training and testing;(c) has entered into a general agent, special agent or other marketing agreement with Company for the sale of Products, and (d) submits Product applications that designate GA.
General Agent means an agency that falls within one of the hierarchy levels accepted by Molina Healthcare and that includes a principal who will be licensed to market and sell Medicare Advantage products.
General Agent shall have the meaning set forth in the preamble of this Agreement.
General Agent means an "Agent" designated by and on file with the "Additional Insured" as a General Agent.