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FIPL-1200S-IND Ed. 01-12 2012 The Travelers Indemnity Company. All rights reserved. Page 1 of 7 SPECIFIC FINANCIAL INSTITUTION INFORMATION 1. Should aggravating circumstances be present the penalty thus established may be increased to a maximum of five 5 years if extenuating circumstances are present it may be reduced to a minimum of two 2 years. SIGNATURE SECTION THE UNDERSIGNED AUTHORIZED REPRESENTATIVE PRESIDENT CEO OR OTHER OFFICER ACCEPTABLE TO TRAVELERS OF THE APPLICANT DECLARES THAT TO...
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Financial institution professional liability insurance protects financial institutions from claims arising from the professional services they provide.
Financial institutions such as banks, credit unions, and insurance companies are required to file financial institution professional liability.
Financial institution professional liability should be filled out accurately and completely with all relevant information about the institution's professional services.
The purpose of financial institution professional liability is to protect financial institutions from legal claims related to their professional services.
Information such as the institution's professional services, coverage limits, and any past or pending claims must be reported on financial institution professional liability.
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