BOI Hiscox Ins

[Terry D EA]

For anyone who is covered under Hiscox insurance and wondering if you are covered to assist any clients with the BOI requirements, Hiscox is not providing any coverage. I spoke with an agent yesterday who really didn't seem to understand what the BOI was. After explaining it a few times, they finally said we are not covered whether a CPA or EA.

[Lee B]

Thanks Terry,

I have used Hiscox for years. Even if they did offer coverage, I still wouldn't assist my clients with BOI.

I am informing them of the CTA and  BOI reporting.

 

[ILLMAS]

I was told different, the agent I spoke said this was the number one question they been getting and yes I was covered.  I called back in May.   

I’m only preparing mine.

[Lee B]

I just called Hiscox directly and gave them my Policy #.

I was told that I am definitely not covered and that the CTA BOI Reporting is specifically listed in my policy exclusions.

[Terry D EA]

I was told the same thing as Lee B.

[ILLMAS]

On 8/2/2024 at 10:26 AM, ILLMAS said:

I was told different, the agent I spoke said this was the number one question they been getting and yes I was covered.  I called back in May.   

I’m only preparing mine.

What I wrote back in April, I also use Hiscox.