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COMMONWEALTH OF PENNSYLVANIA INSURANCE DEPARTMENT . 1609-PR (REV. 08/12) (Must be included with SLL Affidavit type 1609-SLL/1609-PR) Report of transactions with .

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How to fill out the PA Affidavit 1609-PR.pdf online

Filling out the PA Affidavit 1609-PR.pdf online can be a straightforward process if you follow the right guidelines. This form is essential for reporting transactions with unlicensed insurers in Pennsylvania and requires careful attention to detail.

Follow the steps to complete the PA Affidavit 1609-PR online and ensure accuracy.

  1. Click the ‘Get Form’ button to acquire the form and open it for editing.
  2. In the 'Customer ID #' field, provide your unique identification number associated with the insurance policy.
  3. Fill in the 'Policy #' and 'Binder #' fields with the relevant numbers tied to the insurance policy and binder.
  4. Under 'Insured Name', enter the full name of the person or entity being insured.
  5. In the 'Location of Risk' section, specify the physical address of the insured property.
  6. Select the 'Type of Coverage' from the dropdown menu that accurately represents the insurance policy.
  7. Input the 'Amount of Insurance' in the designated box, specifying the total insured value.
  8. In the 'Effective Dates' section, provide the start and end dates of the coverage term.
  9. Describe the insured's operation in the 'Description of Insured’s Operation' field, providing a succinct summary of their business activities.
  10. Confirm that you have made diligent efforts to procure coverage from licensed insurers by checking off the declaration statement.
  11. Type or print the name of the producer agency and the individual producer, including their license numbers in the relevant fields.
  12. Finally, sign the form in the designated area and include the date of signing.
  13. Once all fields are completed and verified for accuracy, save your changes, download a copy, and print the form for your records. You can also share it as needed.

Start completing the PA Affidavit 1609-PR online to ensure compliance with Pennsylvania insurance regulations.

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A: Every surplus line broker must make an annual state tax filing. The amount of state tax is 3% of the California taxable surplus line premium transacted by the broker, for California home state insureds, from January 1st to December 31st of the previous year.

Per Surplus Lines Law Section 1609, a written declaration from the producer is required (1609-PR). The surplus lines licensee must upload a signed 1609-PR image when submitting a 1609-SLL filing.

The surplus lines tax is in addition to the premiums charged by the insurer. This tax is 3 percent of gross premiums and must be collected at the time of the delivery of the policy.

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