Common use of Servicing requirements Clause in Contracts

Servicing requirements. If required by Plan, Agent must inform or distribute any Plan communications or materials to Plan’s customers in a timely manner. Agent will perform all reasonable duties and services required by Plan to service Plan’s customers. If requested by Plan, this may include delivery and explanation of administrative forms (initial and renewal). Agents must provide to Plan current and accurate employee demographic data, coverage history, and other information requested by Plan regarding a group or prospective group. Any material misrepresentation of any information given to Plan is considered to be fraud, and will result in forfeiture of any payments due under this Agreement, and termination of all obligations to Agent by Plan.

Appears in 3 contracts

Sources: Agent Agreement, Agent Agreement, Agent Agreement