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Get Stg Request For Approval To Issue Overlimits (large) Policy Or Extra Hazardous Coverage
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How to use or fill out the STG Request For Approval To Issue Overlimits (Large) Policy Or Extra Hazardous Coverage online
Filling out the STG Request For Approval To Issue Overlimits (Large) Policy Or Extra Hazardous Coverage can be a crucial part of managing large or extra hazardous transactions. This guide provides clear, step-by-step instructions to ensure that you complete the form accurately and efficiently.
Follow the steps to complete the form online.
- Click 'Get Form' button to obtain the form and open it in the editor.
- Begin by entering the date at the top of the form, followed by the name of the person requesting approval. Continue by providing the full name of your title insurance agent, company, issuing office, or division.
- Next, add the location and address of the requesting office, including the city and state. Fill in your telephone number, email, and fax number.
- If applicable, include your Stewart Agent ID number and provide the title, file, or order number associated with this request.
- Specify the subject property address. If not available, include the city or county, state, and ZIP code instead.
- If relevant, enter the project name, reference, or designation and the anticipated closing date if known.
- Complete the premium section only if the transaction is over $15,000,000. Provide details such as total premium charges and amounts remitted to Stewart Title Guaranty Company.
- Indicate the dates during which the title was searched and examined, ensuring not to include the period covered by any Starter.
- If applicable, provide details regarding any starter, including the prior company and effective date. Specify if it involves an owner's or loan policy and attach a copy of the starter.
- For properties that were previously subject to overlimits approval, insert the prior approval number.
- List the policy forms, types, insured parties, and their corresponding policy amounts. If the policy form is not identified, assume the 2006 ALTA Policy.
- Provide a description of the property, followed by a brief detailed description of the transaction and purpose of financing.
- Describe the grantor or mortgagor and their authority. Include details regarding any conflict of interest and list all relevant officers or principals if the issuing office is an agent.
- If endorsements are being requested, attach the appropriate list supplements.
- Address any unusual risks or issues involved in the transaction, and provide any necessary details regarding co-insurers and their liability amounts.
- Sign the form, providing your title and printed name. Ensure that the approval section at the end is filled out by the appropriate senior underwriters.
- Once all sections are completed, save your changes and download, print, or share the form as needed.
Begin completing your STG Request For Approval To Issue Overlimits (Large) Policy Or Extra Hazardous Coverage online today.
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