Insurance agency must be in good standing with a minimum of one-years’ experience. E&O liability minimum limit of $1,000,000 and current licenses in the states where the broker operates.
UCA has partnered with First Insurance Funding to provide a customized billing solution. With First Insurance Funding you can either pay in full or choose 10 payments with 15% down.
Policies under $150,000 will not be charged interest. There is only a flat fee per installment. Any accounts over $150,000 will be quoted at the equivalent of Prime Rate.
Cancellation for underwriting reasons may only be done within 60 days of the effective date and must give 30 days’ notice.
Cancellation for non-compliance of mandatory recommendations may only be done within 60 days of the effective date and must give 30 days’ notice.
Cancellation for non-payment of premium is 10 days’ notice
Cancellation can be requested by the broker or the insured. Original policy or signed Cancellation/ Policy Release must be presented with request and may not be back dated for more than 10 days.
We may issue separate policies for each location or one policy with multi-locations according to the request of the Broker. Multi-location credits will be applied in either instance.
