When to Use the Correction Form
The correction form is used to correct a filing mistake you
made (we will internally correct any data entry errors that we
make once you let us know). When you make a filing that was accepted by
us, stamped and recorded on your account, but later discover that the filing was
in error, you can correct it using the correction form. Some typical
Duplicate filing of a policy.
Filed an endorsement as additional premium, but it should have been
If there was an error in a policy and an endorsement is issued to correct the
error, fix it by filing the endorsement rather than using the
correction form. Also, do not use this form when we have returned an item
to you unstamped with a "Return Form."
How to Complete the Correction Form
Every field must be filled in. There are no optional fields. When
filling in the premium field, remember that this amount (and the related taxes
and fees) is what will be added to (if it's a positive number) or subtracted
from (if it's a negative number) your account.
Premium Example 1: If you accidentally filed a policy twice and the
premium was $5000, you should fill in negative five-thousand dollars (it will
show up with parentheses around it to indicate it is a negative number) as the
premium on the correction form.
Premium Example 2: If you filed an
endorsement and listed it on the verification slip for $750 additional premium,
but it should have been $750 return premium, fill in negative fifteen hundred
dollars (-$1500) in the premium field. That way, the additional premium
$750 and the negative $1500 will net out to a negative $750 (which is what you
wanted in the first place).
How to File the Correction Form
File the correction form as if it were a typical endorsement. Send us
two copies, list it on a verification slip (two copies of the verification slip,
also) and send it in. We'll stamp it, keep one copy, and send the other
back to you.