APPLICATION CHECKLIST
IF THE $50 MILLION NET WORTH OPTION IS USED, FILE AN AUDITOR'S UNQUALIFIED OPINION ALONG WITH ONE
OF THE FOLLOWING:
1. AUDITED FINANCIAL STATEMENT SHOWING A NET WORTH OF AT LEAST $50 MILLION AT THE END OF THE
APPLICANT'S MOST RECENT FISCAL YEAR-END.
2. AUDITED FINANCIAL STATEMENT SHOWING A NET WORTH OF AT LEAST $50 MILLION AT THE END OF THE
APPLICANT'S PARENT CORPORATION'S MOST RECENT FISCAL YEAR-END. NOTE: IF THE PARENT
CORPORATION'S FORM 10-K, 20-F OR AUDITED FINANCIAL STATEMENTS ARE USED THE PARENT COMPANY
MUST HAVE ON FILE WITH THE DEPARTMENT A GUARANTEE RELATING TO WARRANTIES ISSUED BY THE
WARRANTOR IN THE STATE OF ALABAMA. A BOARD RESOLUTION MUST BE ATTACHED TO THE
APPLICATION ACKNOWLEDGING THE GUARANTEE AND ITS CONTINUED EXISTENCE FOR THE YEAR IN
WHICH THE APPLICATION PERTAINS.
CERTIFICATE OF GOOD STANDING STATUS
FINANCIAL SECURITY DOCUMENTS
FEES
A CERTIFICATE OF GOOD STANDING STATUS MUST BE SUBMITTED FOR A CORPORATION OR LIMITED LIABILITY COMPANY
THAT PROVIDES VEHICLE PROTECTION PRODUCT WARRANTEES IN ALABAMA. THIS CERTIFICATE MAY BE OBTAINED FROM
THE ALABAMA SECRETARY OF STATE'S OFFICE OR REQUESTED VIA THE INTERNET AT www.sos.state.al.us.
THE FINANCIAL SECURITY REQUIREMENTS DESCRIBED IN SECTION 5 OF THE ACT CAN BE SATISFIED BY HAVING A
REIMBURSEMENT INSURANCE POLICY OR BY ESTABLISHING A MINIMUM NET WORTH OF $50 MILLION. PLEASE INDICATE
WHICH OPTION THE APPLICANT HAS ELECTED TO USE IN SATISFACTION OF THE FINANCIAL SECURITY REQURIEMENTS.
REIMBURSMENT INSURANCE POLICY
$50 MILLION NET WORTH
IF THE REIMBURSEMENT INSURANCE POLICY OPTION IS USED THE APPLICANT MUST ATTACH A CERTIFICATE OF
INSURANCE ISSUED BY AN INSURER AUTHORIZED TO DO BUSINESS IN THE STATE OF ALABAMA.
A CHECK OR MONEY ORDER IN THE AMOUNT OF $250 MUST BE ATTACHED TO THE APPLICATION FOR THE TOTAL
AMOUNT DUE PAYABLE TO THE ALABAMA COMMISSIONER OF INSURANCE .
CORPORATE DOCUMENTS
IF NEW CORPORATE APPLICATION ATTACH COPY OF ARTICLES OF INCORPORATION, FORMATION, ASSOCIATION OR
PARTNERSHIP AGREEMENT.
CONTRACTS
IF NEW APPLICATION ATTACH A SPECIMEN OF ALL WARRANTY CONTRACTS TO BE USED IN THE STATE OF ALABAMA. IF
RENEWAL, ATTACH SPECIMEN OF ANY CONTRACT REVISIONS OR NEW CONTRACTS TO BE USED IN ALABAMA IN THE YEAR
IMMEDIATELY FOLLOWING RENEWAL.
EXAMINATION AGREEMENT
A PROPERLY COMPLETED AGREEMENT TO SUBMIT TO AN EXAMINATION MUST BE ATTACHED TO ALL NEW APPLICATIONS.
NEW APPLICATIONS RETURNED WITHOUT AN AGREEMENT WILL BE CONSIDERED INCOMPLETE .
THE APPLICATION, ATTACHMENTS AND FEE SHOULD BE MAILED TO THE ALABAMA DEPARTMENT OF INSURANCE AT THE
FOLLOWING ADDRESS.
PO BOX 303350
MONTGOMERY, AL 36130
TO BECOME A REGISTERED VEHICLE PROTECTION PRODUCT WARRANTOR OR RENEW AN EXISTING REGISTRATION, THE FOLLOWING MUST
BE ATTACHED TO FORM AL-VPP-APP IN SATISFACTION OF THE REQURIEMENTS SET FORTH IN THE ALABAMA VEHICLE PROTECTION
PRODUCT ACT, ALABAMA ACT 2006-600. PLEASE INDICATE BELOW THOSE ITEMS THAT HAVE BEEN ATTCHED BY CHECKING THE
APPROPRIATE BOX.
01/2007FORM: AL-VPP-APP
Page 3 of 4
BIOGRAPHICAL AFFIDAVITS
New applicants must submit an affidavit for those individuals identified in the affidavit instructions. Renewal applications
should contain affidavits for those individuals identified in the affdavit instructions that did not occupy the indicated
position as of the previous application submission.