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What if the binder does not include all the required information?

April 26, 2017binder

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10 Posted

What if the binder does not include all the required information?

1 Answer

0

10 Posted

A. If a binder does not contain all the required information, the policy must be filed once it is received. The broker should include a notation indicating this item was previously filed as a binder and file the policy as a non-premium item.