Enroll in the ILI
Enrolling in the ILI begins with annual enrollment process in the first quarter of each year. Values are collected to determine invoice amounts. It is important to note that an entity must be enrolled in the program in order to receive ILI coverage. And enrollment must be completed annually.
Premium calculations are based on employees and payroll. If the location is in the UK then claims history also affects the premium, but claims information is provided by the carrier. The items below are needed to enroll in the ILI program for each location:
RENEWAL COMPONENTS
Number of Licensed Vehicles
Only the vehicles requiring coverage under the ILI policy will need to be reported for the specified location (any autos reported will result in a premium charge, if an outside program is used then do not report autos)
Number of Employees
Number of employees based on 2014 business plan for the specified location
Payroll
Payroll based on 2014 business plan for the specified location
Projections
Projected number of employees and number of licensed vehicles should be reported based on the 2015 business plan for the specified location