Trustees' E&O Required Information for Renewal Consideration

in Documentation

Completed application, signed and dated within
60 days prior to the proposed effective date

  1.     Most recent audited financial statements for all prospective Insured's and interim financial statements, if available
  2.     Full copy(s) of the excess insurance, reinsurance or stop loss policies as applicable
  3.     Current contracts with all vendors and third party administrators such as claim, program administration, underwriting, marketing, loss control, and investment services
  4.     Certificate of Insurance for third party administrators evidencing their E&O Insurance
  5.     Most recent actuarial study for all prospective Insured's
  6.     Amended copies of the Trust Agreements, Bylaws, Member Participation Agreements, if applicable
  7.     Copy of current Surplus Lines License of the broker filing the taxes and affidavit
  8.     If coverage for the Association applies:
  • Completed Association Application(s), signed and dated within 60 days prior to proposed effective date
  • Most recent audited financial statement for all Association(s), and interim financial statements, if available
  • Amended copies of Constitution, Bylaws if applicable
  • Sample copies of all Publications (magazines, brochures, handbooks, policies)
  • Contracts for sponsorship, endorsement or promotion of any products and/or services
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