What is an Unbalanced Returned Policy Fees (URF) TIQ?
An Unbalanced Returned Policy Fees (URF) TIQ occurs when the credit filed in SLIP+ exceeds the total policy fee submitted for the same coverage code and policy period. An Unbalanced Returned Policy Fees TIQ must be corrected by the SLIP+ user. To correct this TIQ, a user can update the policy fee amount on the credit endorsement or submit the additional policy fees to reconcile the transaction.