Get Surplus Lines Statement (form Sl8) State Of Connecticut Insurance Department (rev
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How to fill out the Surplus Lines Statement (Form SL8) State of Connecticut Insurance Department (Rev online)
This guide provides a comprehensive overview of how to accurately complete the Surplus Lines Statement (Form SL8) for the State of Connecticut Insurance Department. With clear instructions, users of all experience levels can confidently navigate the form online.
Follow the steps to complete the Surplus Lines Statement effectively.
- Click ‘Get Form’ button to obtain the Surplus Lines Statement (Form SL8) and open it for editing.
- Provide the name and address of the surplus lines broker in the designated field, along with their Connecticut license number.
- Enter the producing agent's name and their license information. This is a crucial identification step for monitoring compliance.
- Indicate the agency represented by the producing agent and include the agency's Connecticut license number.
- Fill in the name and location of the risk. This will help clearly identify the nature of coverage needed.
- List the surplus lines insurer(s) along with their National Association of Insurance Commissioners (NAIC) number. Be sure to refer to the 'White List' for accuracy.
- Specify the kind of insurance being procured, and provide limits and a detailed risk description to inform the type of coverage needed.
- Indicate whether this is new business or a renewal, and provide reasoning for placement in the specified section.
- Enter the premium amount along with details about the term premium and policy period. Ensure effective and expiration dates are clearly stated.
- Answer whether the broker has evidence of declination by three licensed insurers. Select yes or no, and indicate any fees associated.
- Include the signatures of both the insured and the surplus lines broker in their respective sections, acknowledging the thoroughness of the process.
- Make sure to save changes and download, print, or share the Surplus Lines Statement for your records.
Complete your Surplus Lines Statement online today to ensure compliance and accuracy.
SURPLUS LINES TAXES Most states charge an insurance premium tax to insurance companies licensed and admitted to do business within their borders. Generally speaking, those carriers then pass the cost of those taxes onto their policyholders by adding a comparable amount to their premiums.
Fill Surplus Lines Statement (Form SL8) State Of Connecticut Insurance Department (Rev
Control No. Surplus Lines Statement (Form SL-8). State of Connecticut. Annual Statement Filing Information. Specifically, a U.S. domiciled surplus lines insurer needs to meet two substantive requirements under the National Association of Insurance. Teenage Driving Laws.
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