re: Commercial insurance / legal question

Assuming this is in LA, look at RS 22:873 (generally, delivery of policy is subject only to insurer's requirements regarding premium payment).

Could be that policy issuance is predicated on the disclosure requirements, and you are currently operating under a binder.

As to the premium, unearned premium is refundable--with interest at 1/2% per month. Earned premium is not. Cannot know if what you've paid is earned or unearned based on info.

Probably need to schedule a meeting with your broker so ya'll can go over the app requirements together.