Individual Agent definition

Individual Agent means a member in good standing of the Sponsoring Organization identified in Item 7 of the Declarations who has applied for and been accepted for coverage under this Policy with the Company or its designee.
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Individual Agent means an individual agent or agency that is properly licensed to sell health insurance under applicable state law within the Service Area, who is employed by or contracted with Agency, and who sells and services Medica’s Benefit Contracts in accordance with this Agreement.
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Individual Agent means an insurance agent who is an individual, natural person and who is not registered as an Insurance Agency;
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Examples of Individual Agent in a sentence

  • Medica will not be liable for Compensation for any Member under the following circumstances: (i) for any period during or with respect to which neither Agency nor any Individual Agent is designated as Agent of Record for such Member; or (ii) if Agency is in default under any material term of this Agreement.

  • Agency, prior to enrollment, will obtain and provide to Medica from each Member solicited by Individual Agent written designation as Agent of Record, and such designation is to be made on Medica’s approved application for enrollment.

  • The Agent of Record may change in accordance with the Broker Manual, including without limitation: (i) upon termination of this Agreement for any reason; or (ii) upon termination of Individual Agent.

  • Agency will ensure that only the Individual Agents who have agreed to comply with this Agreement as set forth in Appendix B will represent Medica, or otherwise perform the duties of an Individual Agent on Medica’s behalf.

  • Agency will notify Medica in writing within ten (10) days of any additions to, or deletions of an Individual Agent set forth in Appendix B.

  • Agency represents and warrants that it has the authority to contract on behalf of and to bind each Individual Agent.

  • Agency and each Individual Agent will promptly take all actions reasonable and appropriate to assist each prospective Member in the application process, including without limitation if applicable any assistance required to obtain coverage through an Exchange.

  • Agency and each Individual Agent will promptly take all actions reasonable and appropriate to assist each prospective Member in the application process, including without limitation any assistance required to obtain coverage through an Exchange.

  • If the Agent is an Individual Agent, the Individual Agent may or may not be required by local law to direct the referral to a registered Broker Dealer within the Subscriber's home jurisdiction.

  • Agency will ensure that only the Individual Agents who have agreed to comply with this Agreement as set forth in Appendix B will represent Medica, or otherwise perform the dutie s of an Individual Agent on Medica’s behalf.


More Definitions of Individual Agent

Individual Agent means an insurance agent who is a natural person;
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Individual Agent means a person who carries on life business as a life insurance agent or family takaful agent for one (1) life insurance company only or takaful operator only and registered under the respective Orders;
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Individual Agent means a sole proprietorship registered under the Business Names Act (Chapter 92) who carries on general takaful business as a general takaful agent and registered under the TO 2008.
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Individual Agent means a sole proprietorship under Business Name Act (Chapter 92) to transact in general insurance or general takaful business for general insurance company or general takaful operator. Any individual agent registered must be a Brunei citizen or permanent resident.
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Individual Agent means person, firm corporation or other legal entity resident in or having business contacts within the Territory. Laws: means the Laws of the jurisdiction(s) applicable to the Agent including, without limitation, all regulations, enactments, rules, and other legally binding enactments of any nature of kind whatsoever.
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Related to Individual Agent

  • Personal representative means the person or persons who, upon the disability or incompetence of a Participant, shall have acquired on behalf of the Participant, by legal proceeding or otherwise, the power to exercise the rights or receive benefits under this Plan and who shall have become the legal representative of the Participant.

  • Legal representative means a person who in law represents the estate of a deceased person, and includes any person who intermeddles with the estate of the deceased, and, where a party acts in a representative character, the person on whom the estate devolves on the death of the party so acting;

  • Executor or “Administrator” shall mean a person who has obtained probate or letters of administration, as the case may be, from a court of competent jurisdiction and shall include the holder of a succession certificate authorizing the holder thereof to negotiate or transfer the Equity Share or Equity Shares of the deceased Shareholder and shall also include the holder of a certificate granted by the Administrator-General appointed under the Administrator Generals Act, 1963.