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| AUDIT REPORTS: |
Comprehensive Liability,
Worker's Compensation, CGL, Garage Liability, Receipts
All audit reports
are charged for on a hourly basis based on current fee schedule, available
upon request. |
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| EXPENSES: |
A modest expense factor is added to all fees to cover the expenses of
serving an account. This factor depends on the average cost of servicing
an area or trip and will vary by area. |
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| NON PRODUCTIVE
REPORTS: |
No charge is made for normal progress reports. |
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NOTE: If after the second attempt, including contacting the producer, the audit
still cannot be completed on a timely basis, we will return the assignment
with an explanation of the dates and problems encountered in attempting
to complete the assignment. A service charge of one-half hour is made
subject to the hourly rate if additional time has been spent. |
| REAUDITS: |
Reaudits resulting from auditor error will be conducted without charge. |
| TEST AUDIT
RECHECKS: |
We will gladly recheck any Bureau test audit without
charge whether our original audit is proved correct or not. |
ALL WORK IS
DONE ON A CONFIDENTIAL BASIS FOR THE INSURANCE COMPANY OR AGENCY REQUESTING
THE REPORT. REPORTS ARE NOT TO BE RELEASED OUTSIDE OF THE COMPANY FOR
WHOM THE REPORT WAS MADE.
Morrison
Insurance Service Co. is not an insurer and it does not guarantee the
answers to questions and/or narrative remarks contained in its Reports,
same are based upon the personal opinion of the fieldman and on statements
of his informants at the time of inquiry. Where resort is made to public
records or other means of verification same are specifically stated. The
charge made for furnishing Reports represents a fee for services only
and does not include any charge for the assumption of any liability or
risk on the part of Morrison Insurance Service Co., or any of its representatives,
arising from any Report submitted to requesting company and its reinsurers.
The requesting company and its reinsurers agree to the foregoing conditions
and further agree to hold Morrison Insurance Service Co. and its representatives
free and harmless from any claims or liabilities, including reimbursement
of all costs incurred defending against any such claims arising from damages
where a Report has been submitted.
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