Wednesday, November 12, 2014

ACORD 137CA Instructions for Endorsements, Remarks and Signatures

ACORD 137CA Instructions for Endorsements, Remarks and Signatures


ENDORSEMENTS / REMARKS

Instructions ACORD 137CA Endorsements and Remarks Section

ENDORSEMENTS

Use this space to enter any endorsements which are part of this policy. Include forms numbers and edition dates.

REMARKS

Use the space to add any remarks. If you need more space use the ACORD 101 Additional Remarks Section.



SIGNATURE


Instructions ACORD 137CA Signatures
The very first box in the Signature section states that if an Insurer is not going to provide cover to a "GOOD DRIVER", the insurer must provide a written statement to the insured explaining why.

A "GOOD DRIVER" is a person with no more than one violation point or more than one at-fault accident resulting in only property damage in the past three years.

The second section speaks to Un-insured motorist coverage being offered.

The final section reminds the insured that the choices made in this application are permanent until actively changed.

APPLICANTS SIGNATURE - have your customer sign here.

DATE - The date the Applicant signs.

PRODUCER's SIGNATURE - The licensed producer - the agent writing this account - should sign here.

NATIONAL PRODUCER NUMBER - Enter your national producer number.

The National Insurance Producer Registry states "The National Producer Number is a unique NAIC identifier assigned through the licensing application process or the NAIC reporting systems to individuals and business entities (including, but not limited to producers, adjusters, and navigators) engaged in insurance related activities regulated by a state insurance department."

Here is a link to their web site...

http://www.nipr.com/


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