Insurance Agent Agreement
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How to draft a proper Insurance Agent Agreement? Download this Insurance Agent Agreement template that will perfectly suit your needs!
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INSURANCE AGENCY AGREEMENT BritAmerica Management Group, Inc., hereinafter referred to as the “Company”, hereby appoints: Agent Agency Address City State Zip Tax ID hereinafter referred to as the Agent.. The Agent may contract with subagents to conduct business under this agreement, provided that (1) the Agent notifies the Company in writing of any such contract at least ten (10) days prior to the effective date of such appointment, and (2) such contract and arrangement to conduct business is in full compliance with all applicable laws and regulations .. This Agreement shall terminate immediately without notice in the event that any public authority cancels or declines to renew the Agent’s license or if the Agent becomes insolvent, becomes financially unable to perform its obligations hereunder (as determined by the Company in its good faith discretion), files for bankruptcy protection, has a receiver appointed over any of its assets, or makes any assignment for the benefit of creditors.. Without limiting the foregoing, Agent specifically agrees to indemnify the Company and hold the Company harmless against costs (including reasonable attorneys’ fees), losses, damages, penalties or other liabilities incurred or arising out Agent’s (or its officers, directors, agents, representatives, contractors or employees) negligence or errors or omissions regarding Agent’s countersignature activities, or failure to maintain proper insurance agent license(s), insurance agent appointment(s), or adherence to proper countersigning requirements as required by any state insurance department..
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