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Policy Checking

Original price was: $1,800.00.Current price is: $1,500.00.

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Frequently Asked Questions

FAQ 05

The process begins by understanding the task, required documentation, workflow expectations, and the procedures your agency would like our team to follow.

The service workflow can be structured around your existing procedures, documentation requirements, internal instructions, and preferred way of completing each task.

Requirements depend on the service. Relevant policy, billing, client, carrier, application, or supporting documentation may be needed so the requested task can be processed correctly.

A defined workflow helps keep task requirements, documentation, processing steps, and completion standards consistent with the procedures established for your agency.

The working arrangement can be adjusted around different operational needs and processing volumes as your agency's workload changes.

Policy Checking

Policy Checking

Average Time
30–60 minutes
Required Materials
Policy; Binder; Quote; Expired policy.
Description

DaDa Services executes a critical Errors & Omissions (E&O) mitigation process through our comprehensive policy checking services. When handling newly issued policies, our team conducts a rigorous insurance policy checking audit of the incoming documents against the original pre-binding agreements. This detailed verification process guarantees that the carrier has issued the exact coverage terms, limits, and specific conditions initially requested and promised to the client.

Policy Checking

01
STEP 01
Receive the newly issued policy package directly from the carrier or the producing agent.
02
STEP 02
Perform an exhaustive, side-by-side comparison of the new policy document against the original quote, the binding agreement, and the expired policy (in the case of a renewal).
03
STEP 03
Fill out a standardized policy checking checklist, methodically verifying the named insured, policy effective dates, attached forms, specific endorsements, coverage limits, and the final premium amount.
04
STEP 04
If any discrepancies or errors are identified, immediately escalate the issue to the agent or carrier to secure a prompt correction.
05
STEP 05
Once verified as completely accurate, thoughtfully package and deliver the policy to the insured, accompanied by a customized welcome or renewal letter.
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