Compliance FAQs

When filing a multistate policy in SLIP+, is the Service Office fee applied to the total gross premium or just the Florida-allocated premium?
The Service Office fee is assessed on the gross premium (premium plus policy fees) of the multistate policy.
What should I do if the insurance company writing the coverage is not listed in the drop-down menu under the Transaction Details section of SLIP+?

If the insurer on the policy is not available in the drop-down menu, they may be added by selecting the Edit Insurer List link below the drop-down. Once you find the insurer on the Available Insurers list, click the “>” to add it to the Selected Insurers list. Then click Save.

If you do not find the insurer on the Available Insurers List, please contact our office at 800.562.4496, option 2 or send an email to insurer.services@fslso.com.
Am I required to file non-premium bearing ($0.00) endorsements?

No. Non-premium-bearing transactions are not required to be filed with our office. Florida regulations require all premium-bearing policy transactions placed with an eligible surplus lines insurer, taxable or non-taxable, to be electronically submitted to the FSLSO within 30 days from the effective date of the transaction.

How do I file a master policy in SLIP+?

For single state policies, you can submit a new business or renewal transaction with zero premium and the original effective date of the policy. SLIP does not allow a multistate transaction to be filed with zero premium/policy fees except for cancellation transactions.

To add a new business or renewal multistate transaction for a master policy, you must file the policy once there is a premium-bearing transaction/endorsement. For the first premium-bearing transaction on the policy, use the original effective date of the policy. For the remaining endorsements, use the effective date of the endorsement.

What effective date should I use when filing an audit endorsement in SLIP+?
When submitting an audit endorsement in SLIP+, file the endorsement within the original policy period to which the audit belongs. Do not file the audit using the issue date or extend the policy expiration date.
Who do I contact if I have additional questions about filing?
If you have additional questions about filing, please contact Agent Services at 800-562-4496, option 1 or email agent.services@fslso.com