Binding Procedure
Only the Fund has binding authority. DO NOT REQUEST PAYMENT FROM YOUR CLIENT unless and until we issue a quote. Once we issue a quote, coverage will not be bound until we receive a written request. We will confirm the binding date and policy number. Additional information may be requested.
To bind coverage, we must receive copies of the following:
- Signed and notarized Acord Form 130-FL (revised 2002/7)
- Signed FCBI Supplemental Application
- Check made payable to FCBI for the down payment which includes the $85 membership fee for Florida United Businesses Association (FUBA) attached to the Electronic Down Payment Authorization
- Application for membership in FUBA
- Safety and Drug-Free applications if credits are requested
The policy will be issued upon receipt of:
- Original signed and notarized Acord Form 130-FL (revised 2002/7)
- Original signed FCBI Supplemental Application
- Safety and Drug-Free programs if applicable
This must be received within seven (7) business days from the effective date of coverage. If the Acord is not signed and notarized and FCBI Supplemental Application is not signed and both are not completed accurately or completely, the policy will be subject to cancellation. New Member Packets including estimated billing, coverage agreement and claims reporting information will be mailed directly to members.
Please email the Underwriting Department with any additional questions.
Return To Top
| 
