An interesting article, by a law firm, on the importance of getting staff to complete insurer forms. We deal with this several times a year for different reasons, usually concerning staff not completing forms for excess Life and LTD coverage. it is imperative that staff complete and submit these in a timely manner in order to get the coverage the employer offers.
Throughout an employee’s time with an employer, there are many occasions where the employer will be required to have the employee complete forms or other documents for third parties, or where the employer must complete forms themselves for third parties. We have encountered employers who either delay or completely disregard these requirements. Failing to meet these requirements are risky and potentially costly oversights! Below we will identify the consequences for the employer if these documents are not completed, completed inaccurately, or are not completed in a timely manner.