Issuing the Excess Loss Insurance Policy

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ISSUING THE EXCESS LOSS INSURANCE POLICY

After rates and factors have been finalized and all the required documents and binder premium are received and approved by SLG Benefits, we will issue the Policy. SLG Benefits will send the executed Policy to the Producer for delivery to the Policyholder. We will include two copies of the Excess Loss Insurance Policy issued on behalf of the insurance carrier and three copies of the following:

  • Fully executed signed Application
  • Fully executed signed Schedule of Insurance, accepted by SLG Benefits and Insurance, LLC on behalf of the insurance company.

The Entire Excess Loss Insurance Policy consists of: 1) the Policy, including any endorsements; 2) the Application and Schedule and any attachments thereto; and 3) a copy of the Plan Document. If additional endorsements or changes are necessary after we have issued the Policy, the Policyholder will be required to resubmit signed paperwork to SLG so we may make the appropriate modifications to the Policy.
 

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