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Form DSL-3B Surplus Lines Insurance Direct Placement Summary of Operations - Oklahoma
What Is Form DSL-3B?
This is a legal form that was released by the Oklahoma Insurance Department - a government authority operating within Oklahoma. As of today, no separate filing guidelines for the form are provided by the issuing department.
FAQ
Q: What is DSL-3B Surplus Lines Insurance Direct Placement Summary of Operations?
A: DSL-3B Surplus Lines Insurance Direct Placement Summary of Operations is a form pertaining to surplus lines insurance in Oklahoma.
Q: What is surplus lines insurance?
A: Surplus lines insurance refers to coverage for risks that are not readily available in the standard insurance market.
Q: What is direct placement?
A: Direct placement is the process of placing insurance coverage directly with a surplus lines insurer, bypassing the traditional licensed insurance market.
Q: Why is the DSL-3B form required?
A: The DSL-3B form is required to summarize the surplus lines insurance placements made by a licensed insurance producer in Oklahoma.
Q: Who needs to file the DSL-3B form?
A: Licensed insurance producers who have made surplus lines insurance placements in Oklahoma need to file the DSL-3B form.
Q: Is the DSL-3B form only applicable to Oklahoma?
A: Yes, the DSL-3B form is specific to surplus lines insurance placements made in Oklahoma.
Q: What information is included in the DSL-3B form?
A: The DSL-3B form includes details such as the insurer's name, policy number, coverage amount, premium, and the insured's name.
Q: When does the DSL-3B form need to be filed?
A: The DSL-3B form needs to be filed annually by March 1st for the previous calendar year's surplus lines insurance placements.
Q: Are there any penalties for not filing the DSL-3B form?
A: Yes, failure to file the DSL-3B form or providing false information can result in penalties or suspension of an insurance producer's license.
Form Details:
- Released on November 1, 2012;
- The latest edition provided by the Oklahoma Insurance Department;
- 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 DSL-3B by clicking the link below or browse more documents and templates provided by the Oklahoma Insurance Department.
