| Property Address Changes | Name Changes | Money Endorsements | Cancellations | Reason Codes |
|---|---|---|---|---|
|
What is 911 Change?
County, city, municipality forces an address change to the area
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What is typographical error?
A mistake made in the typing process (such as a spelling mistake) of printed material
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What is add or increase?
Insureds may ____ coverage on their policy any time during the policy term.
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What is set to non-renew?
If for any reason the policy cannot be canceled, the policy will need to be ____ ____ ____.
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What is Reason Code 6?
Risk not eligible for coverage.
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What is log note?
The ____ ____ should include what you did on the policy and any important details.
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What is Last Name, First Name?
When an insured can be described as a person (not a business, LLC, condo assn, etc.) the ______, ______ format must be used.
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What is the endorsement date for decreasing coverage?
Must be Inception if mid-term $ endorsement exists.
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What is 5, 6, 22, and 25?
All named insureds must provide the insurer with a signed and dated cancellation/nullification request except for these reason codes.
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What is Reason Code 3?
Policy canceled and rewritten to establish a common expiration date with other insurance coverage
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What is USPS.com?
A request is received to correct the city only. Go to ____ and verify the revised city is valid.
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What is assignment?
In the NFIP, written ____ of a policy is permissible upon transfer of title.
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What is False?
True or False
Contents coverage can be decreased or removed midterm if the request indicates that they're over-insured, since the value of the contents cannot be validated. |
What is the listed insured is deceased?
Complete the sentence: A Power of Attorney (POA) signing on behalf of the insured is acceptable, unless.......
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What is Reason Code 12?
Mortgage Paid Off
|
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What is pending claim?
Do not approve a change or correction to a property address if there is a ____ ____ on the policy without supervisor approval.
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What is
• A statement from the agent indicating the reason for the name change is due to death is sufficient • Death Certificate is not required
These are the explanation requirements for Deleting Insured - Due to Death.
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What is agent?
Midterm quotes can be provided to ____ only.
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What is Send to the insured mailing address on the policy?
If the mailing and property address differ, and a forwarding address is not given, this is where you would send the refund.
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What is Reason Code 10?
Condominium policy (unit or association) converting to RCBAP
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What is building, location, or unit?
Insurers may not endorse or transfer a flood policy to change the insured ____, ____, or ____.
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What is Appendix B: Forms (B.8)
The General Change Endorsement Form is found on this page.
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What is The date the endorsement request is received?
This is the endorsement date to increase the deductible.
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What is
• Verifying a difficult to read address on submitted documentation. • Verifying the policy property address is the same as the legal address. Public records or verification in writing is required. • Verifying why the names on the documents differ from the named insured.
Per clarification from FEMA a verbal authorization is not acceptable for: (these three things)
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What is Reason Code 21?
Continuous lake flooding or closed basin lakes
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