The Department of Insurance (DOI) is responsible for monitoring any conduct between professional insurance companies or providers. Though the DOI’s policies are designed to protect consumers, they can often be complex and often require the help of a DOI license attorney in Chicago.
Applications for License
While there is no requirement to have an attorney to help you fill out an application for the DOI, the process can be a complex one. You will need to fill out an application form, file appropriate supporting documents and pay a fee. Having a DOI license attorney in Chicago assist you with this step can ensure that you file the correct documents in a timely manner.
Negotiating and Drafting
After you have successfully gained your license with the DOI, you will be drafting and negotiating agreements on a regular basis. Although you may not need an attorney’s help during every single negotiation, you may eventually have a legally complex agreement. In these cases, a DOI attorney will be helpful in making sure that your contract is legally binding.
Fraud or Other Investigations
Although an escrow is meant to protect you, it may sometimes cause you to come under investigation for fraud. When you have a client who is particularly difficult, you may have to worry about them trying to sue you with a claim that you have acted inappropriately. An attorney who has experience with the DOI is the right lawyer to handle these types of allegations.
Zimmerman Law Offices are DOI license lawyers in Chicago and can be contacted.
