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<br />7. <br /> <br />1 proof of a prepaid insurance policy with insurance in an <br /> <br />1 _ ~ <br /> <br />m_~-2~~ ---amount-set-~by4he-Di-:t'eGj;e;d- ~ ~ . - --~--__ ~ - ____ ~____ _._ <br /> <br />3 <br /> <br />A We don't have an insurance policy, yet. But <br /> <br />4 our standard practice is as soon as the contract is signed <br /> <br />5 with a group, we inform the insurance company, and they <br /> <br />6 automatically write the insurance, and the coverage, <br /> <br />7 and we send a certificate of insurance with the amount <br /> <br />8 and details to each client. <br /> <br />9 <br /> <br />Q Well, have you furnished written documentation <br /> <br />10 to the Director of this procedure? <br /> <br />11 <br /> <br />A Only in the form of a letter to Mr. Ten Eyck. <br /> <br />12 <br /> <br />MR. MORAN: Excuse me, Mr. Willett. I might mention <br /> <br />13 if you have a copy of the application, the Applicant has <br /> <br />14 referred to its financial responsibility in Paragraph 17, <br /> <br />15 and has designated its insurance carrier, and I will note <br /> <br />16 that should it be in order for permit to issue, that it <br /> <br />17 would ha'..e to be a condition to the issuance that the <br /> <br />18 certificate of insurance be filed with the Director, <br /> <br />19 and you may wish to look at the application. <br /> <br />20 <br /> <br />MR. WILLETT: All right. Then, as I understand it, <br /> <br />21 Mr. Moran, that requirement of the statute can be stated <br /> <br />22 as a condition of the issuance of the permit, lithe permit <br /> <br />23 E issued tO,be complied with promptly after its issuance? <br /> <br />24 <br /> <br />MR. MORAN: It would have to be, yes. <br /> <br />25 <br /> <br />MR. WILLETT: Yes. <br /> <br />SUZANNE M. CLAAR <br />CERTIFIED SHORTHAND REPORTER <br />