Complete the GAP Tab (Optional)

GAP Exemption is the continuation of the SL1 form. GAP placements are needed when 100% of the risk cannot be placed with “eligible” or “admitted” insurers.

The user can view and edit the GAP form in the GAP tab.

1. Search for a Policy.
2. In the Policy Search Results grid, select a Policy by clicking the Policy Number hyperlink.
3. Select a transaction from the Transactions grid in the Transactions panel.
4. Select an Insurer used for GAP placement in the Insurer Name dropdown on the Details tab and click Save.
5. Select the GAP Tab.
6. Click Edit at the bottom of the GAP tab.
7. Enter information in Section (A) and (B) if this is a layered risk. Or, enter information in Section (B) only if this is not a layered risk.
8. Signature of Person Named on Line 1 of SL-1 contains the same Name as (1) Broker Name on the SL1 form.
9. Enter or select a date for Date of Signature.
10. Click the Electronic Signature checkbox.
11. Click Save.

Hints:

The % of Participation This Layer/Policy field accepts user input between 0 and 999.99999 and rounds to five decimal places.

Clicking Resume in Wizard allows the user to resume editing the policy within the Wizard. Note: the Wizard contains a link to Complete GAP Form in the Documents step.

Detailed instruction on GAP: https://www.slacal.com/docs/default-source/general-content-documents/Filing-Forms/gap-form.pdf