- Payment is required to bind coverage unless on approved account current list.
- Effective date is tied to when payment is received.
- We are not direct billed.
- Retro-active coverage defaults to re-write effective date.
- Liability coverage is subject to self-insured retention.
- The personal guarantee is required to bind coverage, or the SIR needs to be 100% funded.
- Minimum earned premium could be higher than the industry standard.
- The policy may be fully earned in an event of a loss.
- The insured must sign and return a copy of the Policy Receipt Form
to our Risk Management team at email@example.com or faxed to 877-585-2852 within 10 days from when they receive the policy.