Common use of Responsibilities of Producer Clause in Contracts

Responsibilities of Producer. The Producer shall use its best efforts to solicit, sell and service Plans on behalf of BENEFITS. The Producer shall adhere at all times to the established policies, rules and procedures of BENEFITS and all applicable laws and regulations. The Producer shall cause each applicant for a Plan to execute an application, which shall be in such form as specified by BENEFITS, and as modified by BENEFITS from time to time. The Producer shall inform the applicant that such application, with or without payment by applicant, is not effective until approved in writing by BENEFITS and a contract or Plan is issued to the applicant in accordance with the underwriting rules and practices of BENEFITS and all applicable laws and regulations. The Producer shall deliver the executed application to BENEFITS, and BENEFITS shall determine whether to accept or reject the applicant. BENEFITS may, in its sole discretion, reject any applicant, notwithstanding such applicant's fulfillment of stated acceptance criteria. If an applicant is rejected, ConnectiCare shall return the premium payment(s), if any, submitted with the application directly to the applicant, with an explanation as to the reason(s) for declination. The Producer may receive only the initial premium payment for a Plan. The Producer shall directly and immediately upon receipt thereof forward the initial premium payment in full to BENEFITS without prior deduction or setoff. After the initial premium payment, all other premium payments shall be delivered to BENEFITS directly from the individual or Group. Nothing in this Agreement shall be construed to give the Producer any right, interest, title or proprietary right or control over any premium payments received or collected by any Producer.