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Steps
10
1. Remit
to ATGF the Premium Transmittal Form and a copy of
the Policy(s), endorsements and authorizations, if
any.
- The
Premium Transmittal Form and all pertinent
documents must be remitted to the insurer
within 45 days of receiving the premium.
- When
you remit to ATGF, the following items must be
included:
- Premium
and Policy Transmittal Form.
- Check
to ATGF for the percentage of gross premium
and endorsements.
- Copy
of the HUD 1 Settlement Statement.
- Copy
of the Policy(s) (Jacket and Schedules
only).
- Copy
of each endorsement.
- The
completed form must include:
- Your
member number.
- Member
name.
- ATGF
file number (if ATGF provided the
search).
- Policy
number(s).
- Policy
amount of insurance.
- ATGF
remittance amount.
- Endorsement
form numbers and amounts (plus copies).
- If
no endorsements (must be marked).
- Types
of Policies and rates used to figure
premium.
- If
the transaction is $500,000.00 or more, the
ATGF "Request for Authorization" to issue
Policy of $500,000.00 (and over) and Rate
Quote" form must be attached.
- If
the transaction required other
authorizations, those authorization forms
must be included as well.
Congratulations!
You've reached the finish!
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