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How to qualify for the ERC/Westport 10% Credit*
An insured who obtains their professional liability coverage for insurance producers through the Independent Insurance Agents of Arkansas sponsored program will earn a 10% credit on their total annual premium, if they attend an approved loss control seminar and have a three-year claim-free history. This credit will apply to the annual premium due as of the next policy anniversary date or policy inception date and, depending on continued loss free experience, will continue for two additional consecutive policy years after attending the seminar, for a total of three policy periods.
*You must have a three-year claim-free history to receive this credit.
Agency Staff Size: 2-7
Number required:2
Position in Agency: 1 Active Agency Principal, Owner, Partner or Officer, 1- Producer or CSR
Agency Staff Size: 8-20
Number Required:4
Position in Agency: 1-Active Agency Principal, Owner, Partner or Officer and 1- Active Agency Principal, Owner, Partner, Officer, Operations Manager or Producer, 2-Producer or CSR
Agency Staff Size: 21 -50
Number Required: 6
Position in Agency: 1 -Active Agency Principal, Owner, Partner or Officer and 1-Active Agency Principal, Owner, Partner, Officer, Operations Manager or Producer and 1-CSR and 3-Producer or CSR
Agency Staff Size: 51+
Number Required: 10
Position in Agency: 1-Active Agency Principal, Owner, Partner or Officer and 2- Active Agency Principal, Owner, Partner, Officer, Operations Manager or producer and 2-CSR and 5-Producer or CSR
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