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Underwriting Guidelines - Personal Umbrella - …

Underwriting Guidelines Personal Umbrella california Edition Date 2/29/16 Format Date 3/4/2015 1 General Procedures Policy Period CSE Personal Umbrella Liability (PUL) policies are issued for a term of 12 months. Renewals are continuous and based upon the premiums in effect at the time of the renewal. All rates listed in the rating pages are for a period of 12 months. Premium Collections Policy premium is due and payable in full at the beginning of the policy period. Minimum policy premium limits: $150 minimum policy premium for each annual period or part thereof $25 minimum earned premium (policy premium less return premium), regardless of policy period To calculate additional premium, charge the amount applicable on the effective date of change, even if the policy inception premium was less than the minimum policy premium. Apply the rates and rules in effect at the date of the change being requested.

Underwriting Guidelines – Personal Umbrella – California – Edition Date 2/29/2016 Format Date 3/4/2015 3 Applicant Address The applicant must have a definite and permanent address which is clearly stated

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