| DIRECT BILL
After the end of each month, a Direct Bill Statement will
be provided for your agency on all Direct Bill Transactions
occurring during the prior month. This statement will be sent
to your office by the company along with your commission check
shortly after month end. Your Direct Bill clients will be displayed
along with the transactions, amounts received and commission(s)
due. All credits provided to your client along with corresponding
commission charge backs will also be shown.
OUR POLICY CONCERNING NSF CHECKS
Any NSF check will subject the policy for which it was submitted
to cancellation.
CANCELLATIONS AND NON-RENEWALS
CANCELLATION METHOD---CUSTOMARILY, INSURED REQUESTED CANCELLATIONS
ARE CALCULATED ON A SHORT –RATE BASIS. OTHER CIRCUMSTANCES
REQUIRE PRO-RATA CALCULATION BASIS. SHORT TERM, VACANT, OR OTHER
POLICIES SPECIFIED AS FULLY EARNED CAN BE CANCELLED, BUT ONLY
ON A FULLY EARNED BASIS. FLAT CANCELLATIONS ARE NORMALLY NOT ALLOWED.
INDIVIDUAL CASES MAY BE CONSIDERED SUCH AS WHEN DOCUMENTATION
IS PROVIDED SHOWING COVERAGE PLACED WITH OTHER CARRIER ON OR BEFORE
OUR POLICY INCEPTION DATE, WHEN PROPERTY IS SOLD PRIOR TO INCEPTION,
OR WHEN THERE WAS SOME OTHER CIRCUMSTANCE CAUSING LACK OF INSURABLE
INTEREST ON THE PART OF OUR INSURED. |
