However, if the form is otherwise exempt, it will continue to qualify in accordance with the requirements for the specific types of exempt forms. In order to expedite the review of corrections submitted for a pending form, the rules require companies to identify the modified text by underlining. We are happy to assist you in complying with these filing requirements. If you have any questions about the proper way to submit corrections, please contact our office. The company representative should only initial what applies to the form being submitted, such as a resubmission, exempt, or substitution, etc.
Some companies use underlining as a mechanism for identifying variable language in a policy form.
Since underlining of language has a new meaning under the new filing requirement rules, underlining should only be used to designate or identify changes to a form. Variable language should be indicated by brackets.