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Sole Proprietor Agent Agreement - Florida Blue - BCBSF

Sole Proprietor Agent Agreement - Florida Blue - BCBSF

Sole Proprietor Agent Agreement - Florida Blue - BCBSF

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Addendum B: <strong>Agent</strong> “Good Standing” & Reappointment RequirementsJANUARY 1 – DECEMBER 31, 2014 CALENDAR YEARIn order for an <strong>Agent</strong> to remain in good standings with the Company and maintain their Appointment as an Appointed<strong>Agent</strong> for Company, an <strong>Agent</strong>:1. Must comply with the terms and conditions of the <strong>Agent</strong> <strong>Agreement</strong>.2. Must comply with all <strong>Florida</strong> <strong>Blue</strong> and its subsidiaries, corporate policies and procedures.3. Must have active inventory of a minimum of five (5) Group Cases or fifty (50) Group Contracts (“cases andcontracts” refers to accounts sized four (4) or greater) which inventory will be evaluated.i. At the end of the initial twelve (12) month period calculated from the date of appointment; andii. At the end of every subsequent twelve (12) month period thereafter.4. If the <strong>Agent</strong> satisfies this minimum inventory standard, Company will pay to renew their Appointment; however,i. If, at any time, the <strong>Agent</strong> does not satisfy the minimum inventory standard, or their appointment is terminatedby the State of <strong>Florida</strong>, the <strong>Agent</strong> may be required to reimburse Company for the Appointment FeesCompany paid on their behalf.ii. In the event <strong>Agent</strong> fails to reimburse Company or submit renewal Appointment Fees, Company shall, withinthirty (30) calendar days, terminate <strong>Agent</strong>’s Appointment and Company shall cease commission payment(s)to the <strong>Agent</strong>.5. Must have a valid <strong>Florida</strong> resident health and life agent license.6. Must have on file with Company a fully executed <strong>Agent</strong> <strong>Agreement</strong>.7. Must provide evidence of Errors and Omissions insurance coverage, minimum acceptable coverage is $500,000per occurrence and $1,000,000 in aggregate, and must maintain such insurances for the duration of theirAppointment with the Company.8. Must provide evidence that all continuing education credits/coursework requirements have been met.9. Must have information systems capabilities to include Internet access to facilitate email communication and otherelectronic tools, such as “e-quotes” and electronic enrollment. Please refer to Addendum “D” for furtherexplanation of the information systems requirements for Appointed <strong>Agent</strong>s.<strong>Florida</strong> <strong>Blue</strong> <strong>Agent</strong> <strong>Agreement</strong> 21

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