We require that a principal, member, manager or stockholder of the joining entity personally guarantee all payments and performance obligations. Our members handle insured premiums for direct bill and agency bill and have a fiduciary expectation to ensure that all premiums handled correctly. In addition if there is an E&O claim that impacts Agents Alliance the member is required to pay E&O deductibles. Below is a copy of our Personal Guarantee for your signature.

Agents Alliance Services Ltd.

Personal Guaranty

The undersigned represents and warrants that it is a principal, member, manager, and/or stockholder of the Independent Contractor or a licensed agent performing services under the Independent Contractor Agreement and that each person signing below agrees that they are personally guaranteeing all payment and performance obligations contained within the Independent Contractor Agreement to the same extent as the Independent Contractor and without offset, credit or waiver. This Guaranty shall be good for all modifications and extensions of the Independent Contractor Agreement and cannot be modified, amended, or changed except in writing signed by and agreed to by AAS. Further, each guarantor has reviewed all the protective covenants and agrees to be bound by them to the same extent as the Independent Contractor. Finally, it is further understood that AAS would not enter into the Agreement except for the assurances that are being provided by the undersigning guarantors:

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Signature Certificate
Document name: Personal Guaranty
lock iconUnique Document ID: 4928076dc8ed634c77a04b9a6450b6692bc129b4
Timestamp Audit
August 30, 2020 9:14 pm CSTPersonal Guaranty Uploaded by Greg McGuffin - gregmcguffin@agentsalliance.biz IP