Create a bespoke document in minutes, 聽or upload and review your own.
Get your first 2 documents free
Your data doesn't train Genie's AI
You keep IP ownership聽of your information
Insurance Distribution Agreement
"I need an Insurance Distribution Agreement under Philippine law for a partnership between our insurance company and a major e-commerce platform, with specific provisions for digital distribution channels and online payment processing to launch by March 2025."
1. Parties: Identification of the insurance company and distributor, including their legal status and regulatory authorizations
2. Background: Context of the agreement and brief description of the parties' business relationship
3. Definitions: Key terms used throughout the agreement, including regulatory terminology
4. Appointment and Scope: Terms of appointment, territory, and products covered by the distribution agreement
5. Regulatory Compliance: Obligations to comply with Philippine insurance laws, Insurance Commission regulations, and other applicable laws
6. Duties and Responsibilities: Detailed obligations of both parties, including sales practices, reporting, and customer service standards
7. Commission Structure: Basic commission framework and payment terms
8. Training and Support: Requirements for product training, sales support, and ongoing education
9. Compliance with Anti-Money Laundering Requirements: AMLA compliance procedures and requirements
10. Data Protection and Confidentiality: Obligations under the Data Privacy Act and confidentiality requirements
11. Records Maintenance: Requirements for maintaining documentation and transaction records
12. Representations and Warranties: Standard representations regarding authority, licenses, and capacity
13. Term and Termination: Duration of agreement and termination provisions
14. Post-Termination Obligations: Duties and responsibilities after agreement termination
15. Dispute Resolution: Process for resolving disputes under Philippine law
16. General Provisions: Standard boilerplate clauses including notices, amendments, and governing law
1. Digital Distribution Channels: Specific provisions for online or digital distribution of insurance products, required when electronic distribution is part of the business model
2. White Labeling: Provisions for branded distribution arrangements, needed when distributor will use their own branding
3. Cross-Border Activities: Additional provisions for international distribution, required when distribution extends beyond Philippines
4. Premium Collection Authority: Specific provisions if distributor is authorized to collect premiums on behalf of insurer
5. Marketing and Advertising: Detailed provisions regarding marketing activities and approval processes, needed for distributors with marketing rights
6. Service Level Agreements: Specific performance metrics and standards, recommended for larger distribution partnerships
1. Schedule A - Products: List of insurance products covered by the agreement with detailed descriptions
2. Schedule B - Commission Rates: Detailed commission structures, rates, and calculation methods
3. Schedule C - Territory: Detailed description of authorized distribution territory
4. Schedule D - Regulatory Licenses: Copies or details of required regulatory licenses and authorizations
5. Schedule E - Operating Procedures: Detailed procedures for sales, customer service, and claims handling
6. Schedule F - Reporting Templates: Standard formats for required regular reports
7. Appendix 1 - Contact Details: Key contact information for both parties
8. Appendix 2 - Compliance Checklist: Regulatory compliance requirements and checklist
9. Appendix 3 - Training Requirements: Detailed training requirements and certification processes
Authors
Insurance
Financial Services
Banking
Retail
Digital Services
Microfinance
Rural Banking
Cooperative Sector
E-commerce
Telecommunications
Legal
Compliance
Distribution
Sales
Operations
Risk Management
Business Development
Product Development
Regulatory Affairs
Partner Relations
Agency Development
Bancassurance
Digital Distribution
Chief Executive Officer
Head of Distribution
Insurance Commissioner
Compliance Officer
Legal Counsel
Distribution Partnership Manager
Sales Director
Chief Operations Officer
Risk Manager
Business Development Manager
Channel Manager
Agency Development Manager
Bancassurance Manager
Digital Distribution Manager
Product Manager
Regulatory Affairs Manager
Operations Manager
Find the exact document you need
Contractual Agreement (Insurance)
A Philippine law-governed insurance agreement establishing coverage terms, premiums, and obligations between insurer and policyholder.
Agreement Of Loss (Insurance)
A Philippine law-governed agreement documenting the final settlement of an insurance claim between insurer and insured, including loss details and settlement terms.
Agreement Of (Insurance)
A Philippine law-governed insurance agreement establishing coverage terms between insurer and policyholder under the Insurance Code of the Philippines.
Participating Provider Agreement
A Philippine-law governed agreement establishing terms for healthcare providers to deliver services within a healthcare network or insurance system.
Insurance Book Of Business Purchase Agreement
A Philippine law-governed agreement for the transfer of an insurance portfolio between insurance providers, subject to Insurance Commission approval.
Assignment Of Rights (Insurance)
A Philippine law-governed document that transfers rights and interests in an insurance policy from an assignor to an assignee, complying with local insurance regulations.
Fronting Agreement (Insurance)
A Philippine law-governed agreement between a licensed local insurer and a reinsurer establishing terms for insurance fronting arrangements and risk transfer.
Credit Agreement (Insurance)
A Philippine law-governed agreement establishing terms for insurance-related credit facilities, combining insurance and banking regulatory requirements.
Buy And Sell Agreement (Insurance)
A Philippine law-governed agreement for the transfer of insurance business assets or portfolios between entities, ensuring regulatory compliance and protecting all parties' interests.
Life Insurance Indemnity Contract
A Philippine law-governed life insurance contract establishing coverage terms, beneficiary rights, and claim procedures between an insurer and policyholder.
Binding Authority Agreement
A Philippine law-governed agreement delegating insurance underwriting authority from an insurer to a coverholder, detailing operational and compliance requirements.
Standard Reinsurance Agreement
A legally binding reinsurance contract under Philippine law establishing terms for risk transfer between insurers and reinsurers, compliant with local insurance regulations.
Insurance Distribution Agreement
A Philippine law-governed agreement establishing terms for insurance product distribution between an insurer and distribution partner, compliant with local insurance regulations.
Loss Portfolio Transfer Agreement
A Philippine-law governed agreement for transferring an insurance portfolio and associated liabilities from an insurer to a reinsurer, subject to Insurance Commission regulations.
Insurance Premium Finance Agreement
A Philippine law-governed agreement facilitating the financing of insurance premiums through structured payment arrangements, compliant with local insurance and banking regulations.
Insurance Pooling Agreement
A Philippine law-governed agreement establishing a risk-sharing arrangement between multiple insurance companies, defining pool operations and member obligations.
Insurance Addendum
A formal modification to an existing insurance policy under Philippine law, regulated by the Insurance Commission of the Philippines.
Required Insurance Addendum To Lease Agreement
A Philippine-compliant addendum specifying mandatory insurance requirements and obligations for lease agreements, aligned with local insurance and property laws.
Temporary Insurance Agreement
A Philippine law-governed agreement providing temporary insurance coverage while permanent policy arrangements are pending, compliant with the Insurance Code of the Philippines.
Gap Indemnity Agreement
A Philippine law-governed agreement providing protection against gaps in security or payment obligations through indemnification arrangements.
Renters Insurance Agreement
A Philippine law-governed insurance agreement protecting renters' personal property and liability, compliant with local insurance regulations.
Liability Insurance Agreement
A Philippine-law governed agreement establishing liability insurance coverage terms, conditions, and obligations between an insurer and insured party.
Home Buy Sell Agreement
A legally binding contract under Philippine law for the sale and purchase of residential property, detailing all terms and conditions of the transaction.
Key Employee Agreement
A Philippine law-governed employment agreement for key employees, incorporating local labor law requirements and protecting both employer and employee interests.
Life Insurance Agreement
A Philippine-law governed life insurance contract establishing terms for death benefit payment to beneficiaries in exchange for premium payments.
Insurance Long Term Agreement
A long-term insurance agreement compliant with Philippine law, establishing comprehensive coverage terms and obligations between insurer and policyholder.
Car Insurance Agreement
A Philippine-law governed agreement establishing motor vehicle insurance terms between an insurer and policyholder, compliant with local insurance regulations.
Key Person Agreement
A Philippine law-governed agreement securing employment terms and retention incentives for crucial organizational personnel.
Life Settlement Agreement
A contract governed by Philippine law for the sale of a life insurance policy from the policy owner to a third-party investor, detailing transfer terms and regulatory compliance requirements.
Risk Transfer Agreement
A Philippine law-governed agreement for transferring specified business, operational, or financial risks from one party to another for consideration.
Download our whitepaper on the future of AI in Legal
骋别苍颈别鈥檚 Security Promise
Genie is the safest place to draft. Here鈥檚 how we prioritise your privacy and security.
Your documents are private:
We do not train on your data; 骋别苍颈别鈥檚 AI improves independently
All data stored on Genie is private to your organisation
Your documents are protected:
Your documents are protected by ultra-secure 256-bit encryption
Our bank-grade security infrastructure undergoes regular external audits
We are ISO27001 certified, so your data is secure
Organizational security
You retain IP ownership of your documents
You have full control over your data and who gets to see it
Innovation in privacy:
Genie partnered with the Computational Privacy Department at Imperial College London
Together, we ran a 拢1 million research project on privacy and anonymity in legal contracts
Want to know more?
Visit our for more details and real-time security updates.
Read our Privacy Policy.