You may have noticed—and perhaps wondered why—we ask for EPLI applications (FM-1113) on many accounts but not all.  The answer is two-fold.

·         The EPLI application asks questions relating to eligibility which are important for risks with higher exposure; and,

·         When the EPLI application is required, it becomes part of the policy.

The degree of EPLI exposure, and thus the basis for requiring an application, is based on limits of coverage, type of coverage, and classes of business.

·      Limits of coverage—if the limit exceeds $100,000, we’ll need an app.

·      Type of coverage—if the insured seeks third-party coverage regardless of limit, we’ll need an app.

·      Classes of business—if the insured falls in one of the following classes of business, regardless of limit or the presence of third-party coverage, we’ll need an app:

o   Amusement services

o   Auto dealers

o   Auto repair services

o   Hotels

o   Law firms

o   Real estate firms

o   Restaurants (excluding delicatessens and pizza take-out shops).

Please remember, when an EPLI application is required per the guidelines above, we can’t offer an underwritten quote on new EPLI business or release declarations on renewal EPLI business without a signed, completed application.