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WHAT IS A TDI INSURANCE POLICY?

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WHAT IS A TDI INSURANCE POLICY?

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Every TDI policy issued by an authorized TDI insurance carrier covers the entire liability of the employer to its employees.

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Every TDI policy issued by an authorized TDI insurance carrier covers the entire liability of the employer to its employees. The classes of employees covered must be specifically indicated in the policy and the Certification of Issuance (Form TDI-62) shall contain the following information: Insurer’s name Employer’s (insured) name Employer’s business name (d.b.a.) if different from above Department of Labor (DOL) account number of insured Policy or rider form number Effective date of coverage Classes of employees covered or excluded Benefits provided The Form TDI-62 should be submitted within thirty days after purchase of insurance to this Division in triplicate, signed by an officer of the insurance carrier or its authorized representative. If accepted, two copies of the Form TDI-62 will be stamped “Accepted” and returned to the carrier, who will forward one copy to the policyholder. When canceling an insurance policy, the following guidelines should be observed: A minimum 10-day noti

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