Form FIS2308 Application for Placement on Approved Captive Insurer Management Firm List - Michigan

Form FIS2308 Application for Placement on Approved Captive Insurer Management Firm List - Michigan

What Is Form FIS2308?

This is a legal form that was released by the Michigan Department of Insurance and Financial Services - a government authority operating within Michigan. As of today, no separate filing guidelines for the form are provided by the issuing department.

FAQ

Q: What is the purpose of Form FIS2308?
A: Form FIS2308 is used to apply for placement on the approved captive insurer management firm list in Michigan.

Q: Who needs to submit Form FIS2308?
A: Anyone seeking to be listed as an approved captive insurer management firm in Michigan must submit this form.

Q: What is a captive insurer?
A: A captive insurer is an insurance company that is wholly owned and controlled by its insureds.

Q: Is there a fee for submitting Form FIS2308?
A: Yes, there is a fee associated with the application. The current fee is listed on the form.

Q: What information is required on Form FIS2308?
A: The form requires basic contact information, as well as details about the applicant's experience and qualifications.

Q: Are there any additional requirements to be listed as an approved captive insurer management firm?
A: Yes, there are additional requirements outlined in the form. These may include holding appropriate licenses and meeting certain financial requirements.

Q: What is the purpose of being on the approved captive insurer management firm list?
A: Being on the approved list allows the firm to perform management services for captive insurers in Michigan.

Q: How long does it take to process the application?
A: The processing time for the application may vary. It is best to contact the Michigan Department of Insurance and Financial Services for an estimated timeline.

Q: Can an application be denied?
A: Yes, the Michigan Department of Insurance and Financial Services has the authority to deny an application for various reasons, including failure to meet the necessary requirements.

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Form Details:

  • Released on March 1, 2016;
  • The latest edition provided by the Michigan Department of Insurance and Financial Services;
  • Easy to use and ready to print;
  • Quick to customize;
  • Compatible with most PDF-viewing applications;
  • Fill out the form in our online filing application.

Download a fillable version of Form FIS2308 by clicking the link below or browse more documents and templates provided by the Michigan Department of Insurance and Financial Services.

Download Form FIS2308 Application for Placement on Approved Captive Insurer Management Firm List - Michigan

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