How to Become a Member of the SLAI
Only licensed, Illinois
surplus line producers can be members of the
Association — in fact they are automatically members when they get
their surplus line license.
When you apply for
your surplus line license, you will also need
to download the SLAI Membership
& EFS Registration Package. Follow instruction sheet in the
Registration Package carefully.
For
information about obtaining a surplus line license see
our licensing information
page.
Membership Types
Membership in the Association may be maintained in one of two ways.
- Individual Member
A surplus line licensee may join the Association as an Individual Member. Filings for an Individual Member are reported and billed under this individual licensee's membership. Premiums and taxes will be shown on this individual licensee's tax statements.
- Multi-Licensee Member
This is a convenience for firms that employ more than one surplus line licensee. The licensees are consolidated into a single membership and all policies filed are reported and billed on a consolidated basis. This can be very helpful when reconciling your books. One of the licensees is designated as the "tax licensee," and all premiums are consolidated on that licensee's tax statements. The remaining licensees' tax statements show zero, but must still be signed and filed with the state at the appropriate times. The tax licensee exercises voting powers and all other membership powers for all of the licensees that are consolidated into the membership.
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