Cancellation
Reasons
Reasons
This cancellation reason is reassigned to the Coverage group for an ERM-14.
What is an FEIN change?
This carrier only allows reinstatement requests within 10 days of the cancel date
What is Guard?
This was the first carrier that was introduced to the Estimated Premium process.
What is NEXT?
This team handles all Direct Bill Reinstatements
What is the Coverage Team?
"You can't sit with us!"
What is Mean Girls?
This reason results in the ticket being reassigned to Coverage for an ERM-14.
What is Change in FEIN?
These two carriers allow you to request reinstatement in their portal.
What is The Hartford and Employers?
This determines what date range is reviewed for payroll.
What is the Effective Date/Day?
It is required to stay on PAYGO - the insured must prove that they are able to do this monthly.
What is run payroll?
"It takes a great deal of bravery to stand up to our enemies, but just as much to stand up to our friends."
What is Harry Potter?
This reason is common for changing the first of the year.
What is change in payroll provider?
This carrier does not consider a policy that is pending cancellation as cancelled.
What is NEXT?
This is when the job is run.
What is the day after the effective day?
When speaking to the insured, we want to be careful of our wording. We should never say this.
What is, guaranteeing reinstatement of the policy?
"I feel the need. The need for speed!"
What is Top Gun?
This cancellation reason is the only reason, where proof of payroll is not required in order to request reinstatement.
What is seasonal?
This carrier requires payment in order to reinstate if on direct bill. Payment is due within 48 hours.
What is Amtrust?
These two charges will show on the same invoice.
What is Estimated Premium and Included Officer premium?
These TWO payroll providers have a unique REI - Solve Successful macro
What is Gusto and Square?
"If you build it, he will come."
What is Field of Dreams?
Non-compliance or non-pay of this can cause cancellation
What is an Audit?
Placeholder
What is a placeholder?
Estimated Premium payments are the better option, rather than making this change to a NEXT policy which results in a Cancel/Rewrite.
What is Change to Direct Bill?
Placeholder - in case we don't have time and I wasted so much time on this
Yeppp
"It's supposed to be hard. If it wasn't hard, everyone would do it. The hard... is what makes it great.
What is A League of Their Own?