01/30/2026 | Press release | Archived content
For reporting purposes, use the transaction effective date when filing transactions in SLIP+. This is the effective date of the specific transaction being reported (i.e., endorsement, renewal, cancellation). Do not report transactions in FSLSO SLIP+ using the booking or accounting date of the policy transaction.
When reviewing your policy, be sure to pay close attention to the dates. Typically for endorsements, the policy effective date and transaction effective date are not the same.
If you write a policy effective August 1 and then add an endorsement on August 15,
the endorsement would typically be effective on August 15 (the date it was
added). If the endorsement needs to be retroactive or have a different effective
date, the endorsement must clearly specify that.
In certain cases, such as a new business or renewal, the transaction effective date and the policy effective date will be the same.