
# Contract Agreement

**Client Name**: Premier Auto Insurance Co.  
**Product Name**: Carllm  

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## Terms

1. **Agreement Duration**: This contract is effective from January 1, 2025, and shall remain in effect for a period of twelve (12) months, concluding on December 31, 2025. 
2. **Payment**: The Client agrees to pay Insurellm a subscription fee of $2,500 per month for the duration of the contract, payable within 30 days of the invoice date.
3. **Scope of Services**: The services provided under this contract include access to the Carllm platform, integration support, AI-powered risk assessment tools, customizable coverage plans, and automated customer support.
4. **Data Security**: Insurellm commits to implementing industry-standard security measures to protect Client data, in accordance with applicable privacy laws.

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## Renewal

1. **Automatic Renewal**: This contract will automatically renew for successive one-year terms unless either party provides written notice of termination at least thirty (30) days prior to the end of the current term.
2. **Renewal Terms**: Upon renewal, the subscription fee may be subject to adjustments based on changes in the Consumer Price Index or any significant value additions to the service.
3. **Review Period**: Prior to the renewal, both parties shall engage in a service review to ensure the satisfaction of both parties with the terms and performance of Carllm.

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## Features

1. **AI-Powered Risk Assessment**: Comprehensive tools that analyze driver behavior and vehicle conditions.
2. **Instant Quoting**: Near-instant quotes provided for enhanced customer experience.
3. **Customizable Coverage Plans**: Flexibility to create tailored insurance packages.
4. **Fraud Detection**: Advanced analytics to help identify potentially fraudulent claims.
5. **Customer Insights Dashboard**: Access to deep insights for informed decision-making.
6. **Mobile Integration**: Mobile app compatibility for policy management on the go.
7. **Automated Customer Support**: 24/7 customer service via AI chatbots.

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## Support

1. **Customer Support Availability**: Insurellm shall provide technical support to the Client via phone and email during standard business hours (9 AM - 5 PM ET, Monday to Friday).
2. **Emergency Support**: Emergency support will be available 24/7 for critical issues impacting the Client’s operations, response time not to exceed 2 hours.
3. **Training and Resources**: Insurellm will provide training materials and sessions to ensure successful deployment and use of Carllm.
4. **Feedback and Updates**: The Client will have regular opportunities to provide feedback on service performance. Updates and new features will be communicated promptly.

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This contract represents the complete understanding between the parties concerning the subject matter herein and supersedes all prior agreements and understandings, whether written or oral.

**Authorized Signatures**:

*Premier Auto Insurance Co.*  
_________________________  
Name: [Client Representative Name]  
Title: [Client Representative Title]  
Date: ________________

*Insurellm*  
_________________________  
Name: [Insurellm Representative Name]  
Title: [Insurellm Representative Title]  
Date: ________________

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