2.7 KiB
Contract with TechDrive Insurance for Carllm
Contract Date: October 1, 2024
Contract Duration: 12 months
Terms
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Parties Involved: This contract is entered into between Insurellm (the "Provider") and TechDrive Insurance (the "Customer").
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License Grant: Insurellm grants TechDrive Insurance a non-exclusive, non-transferable license to use the Carllm product as per the selected pricing tier (Professional Tier at $2,500/month).
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Payment Terms: TechDrive Insurance agrees to make monthly payments of $2,500 for the duration of this contract, due on the 5th of each month.
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Confidentiality: Both parties shall maintain confidentiality regarding each other’s proprietary information throughout the duration of this contract and for three years following its termination.
Renewal
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Automatic Renewal: This contract shall automatically renew for additional one-year terms unless either party provides written notice of non-renewal at least 30 days prior to the contract expiration.
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Pricing Review: The pricing for any renewal period shall be discussed 60 days prior to the end of the term and agreed upon in writing.
Features
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Included Features: Under the Professional Tier, TechDrive Insurance will have access to the following features of Carllm:
- AI-Powered Risk Assessment
- Instant Quoting
- Customizable Coverage Plans
- Fraud Detection
- Customer Insights Dashboard
- Mobile Integration
- Automated Customer Support
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System Requirements: TechDrive Insurance must ensure that their existing systems meet the technical requirements to integrate with Carllm, as outlined in the onboarding documentation provided by Insurellm.
Support
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Customer Support: Insurellm will provide 24/7 customer support to TechDrive Insurance via AI-driven chatbots, ensuring timely resolution of inquiries and issues.
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Training: TechDrive Insurance staff will receive onboarding training sessions to ensure effective utilization of the Carllm platform, scheduled within the first two weeks of contract commencement.
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System Updates: The Provider will push regular updates to improve system performance and add new features. TechDrive Insurance will receive prior notification of any significant upgrades that may affect current operations.
Signatures:
Insurellm Representative:
Name: John Smith
Title: Account Manager
Date: ____________
TechDrive Insurance Representative:
Name: Sarah Johnson
Title: Operations Director
Date: ____________
This contract will serve as the foundational agreement for the ongoing collaboration between Insurellm and TechDrive Insurance in optimizing their auto insurance offerings through the Carllm product.