Audit
Forms
All events/activities scheduled
to take place within the policy period will need to be reported on the original
application's second page Activities Worksheet. We realize and understand
that some events/activities may not yet be scheduled when applying for coverage,
so please use your best guess estimates. Actual To and From dates are especially
helpful. If any events/activities that were not originally reported
should be scheduled, please notify us in writing.
This is required information that
is used to verify that the insurance company has a record of events/activities
covered in the instance where a claim should occur. The carrier and/or
claims office will verify with us that a covered event /activity was held on the
Date of Injury. If we do not have the estimated listings with dates, a
claim could possibly be denied.
Once a previously reported event/activity has
been held, the audit forms can be submitted. Depending on your
events/activities schedule, audits can be submitted either weekly, monthly
or quarterly, along with any premium due.
Final Audits and any premium due
will need to be submitted within 2 weeks of the last day of the last activity /
event.
Adventure Sports, Snow Sports and
Work Activities can be added for additional premium. May be included in
standard rate for some products.
-
Adventure Sports include mountain climbing, rappelling,
spelunking, whitewater rafting, whitewater canoeing, wind surfing, jet skiing,
scuba/skin diving, rodeo participation and Paintball.
-
Snow
Sports include downhill skiing, bobsledding,
snowmobiling, snow boarding,
tobogganing, and tubing.
-
Work Activities include remodeling, dry walling, plastering,
roofing, plumbing, brick and block laying, electrical work, concrete work, and
using scaffolds, ladders, and power or chain saws.
For audited policies, the Minimum
Premium and the Policy Administration Fee are due on or before the effective
date. SMIC now accepts
credit card
payments.
Current accounts must use the rates sent with the
renewal letters.
