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Public Application. J. Kelly Company, Inc. 4415 East Sunshine Springfield, MO 65809 Phone:(417)8832688 Fax:(417)8837103COLUMBIA INSURANCE COMPANY NATIONAL INDEMNITY COMPANY NATIONAL FIRE & MARINE
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How to fill out split limits
How to fill out split limits
01
First, gather all the necessary information such as the policyholder's name and contact details.
02
Next, identify the specific items and assets that need to be insured.
03
Determine the desired coverage limits for each item or asset.
04
Understand the difference between split limits and combined single limit policies.
05
Fill out the split limits form by entering the policyholder's details, the items to be insured, and the desired coverage limits for each item.
06
Review the filled-out form for accuracy and completeness.
07
Submit the completed form to the insurance provider or agent for processing.
08
Keep a copy of the filled-out form for your records.
Who needs split limits?
01
Businesses that have multiple assets and want to establish specific coverage limits for each asset.
02
Individuals who want greater control over their insurance coverage and tailor it to their specific needs.
03
Anyone who wants to ensure adequate coverage for their valuable items and assets.
04
Policyholders who prefer having separate coverage limits instead of a combined single limit policy.
05
People who want a more detailed breakdown of their insurance policy's coverage limits.
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What is split limits?
Split limits refers to the practice of dividing the coverage limits of an insurance policy into different categories such as bodily injury and property damage.
Who is required to file split limits?
Insurance companies and policyholders are required to file split limits.
How to fill out split limits?
Split limits can be filled out by specifying the coverage limits for each category in the insurance policy.
What is the purpose of split limits?
The purpose of split limits is to provide specific coverage limits for different types of claims, such as bodily injury and property damage.
What information must be reported on split limits?
The information that must be reported on split limits includes the coverage limits for each category and details of the policyholder.
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