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RISC Rice Insurance Services Company, LLC 4211 Norborne Blvd. Louisville, KY 40207 Phone: 502-897-1876 Toll-Free: 800-637-7319 Fax: 502-897-7174 www.risceo.com Nebraska Extended Reporting Period (ERP)
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How to fill out nebraska extended reporting period

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How to fill out Nebraska extended reporting period:

01
Obtain the necessary forms: Start by visiting the Nebraska Department of Insurance website or contacting their office to obtain the specific forms required to fill out the extended reporting period.
02
Provide policy information: Fill out the forms with your policy information, including the policy number, coverage dates, and the name of the insurance company.
03
Indicate the desired extended reporting period: Clearly specify the length of the extended reporting period you wish to purchase. This can typically range from one to five years.
04
Calculate the premium: Calculate the cost of the extended reporting period by multiplying the annual premium for your current policy by the number of years you want to extend coverage. This will give you the total cost of the extended reporting period.
05
Submit the application: Once you have completed the forms and calculated the premium, submit the application and payment to the Nebraska Department of Insurance. Make sure to include any supporting documents required.

Who needs Nebraska extended reporting period?

01
Professionals with claims-made insurance: The extended reporting period is specifically designed for professionals who have claims-made insurance policies. This includes lawyers, doctors, architects, and other professionals who provide services that may give rise to claims even after their policy has expired.
02
Individuals facing potential liability claims: If you anticipate potential liability claims arising after your policy has ended, obtaining an extended reporting period can provide you with the necessary coverage to protect yourself from any future claims.
03
Professionals changing insurance carriers: Sometimes professionals switch insurance carriers or retire and can no longer maintain an active claims-made insurance policy. In such cases, purchasing an extended reporting period ensures continued protection against claims that may be filed even after switching carriers or retiring.
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Nebraska Extended Reporting Period refers to the additional time allowed for submitting reports beyond the regular deadline.
Certain individuals or entities may be required to file Nebraska Extended Reporting Period based on specific reporting requirements.
Nebraska Extended Reporting Period can typically be filled out by providing the required information in the designated form or online portal.
The purpose of Nebraska Extended Reporting Period is to provide an opportunity for individuals or entities to submit their reports even after the regular deadline has passed.
The information required to be reported on Nebraska Extended Reporting Period may vary based on the specific reporting requirements set forth by the authorities.
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