Certificates
THIS POLICY IS PENDING CANCELLATION, EFFECTIVE MM/DD/YYYY
What is pending cancellation verbiage?
This is an optional coverage for the insured and their relatives that sustains bodily injury in an accident.
What is Med Pay?
This is the maximum liability limit if stacking coverage is listed on the policy.
What is $100/$300 or $300 CSL.
This is a required coverage unless SUM coverage is selected.
What is (UM) Statutory Uninsured Motorist Coverage?
The Credit Score option is located under this tab.
What is the Policy tab?
Certificates that have already been printed can be found here.
What is FileNet?
This provides coverage in addition to the limits of liability listed on the policy.
What is Added On UM/UIM coverage?
This type of coverage applies to Sole Props only.
What is Stacking?
If this is rejected, UM (Uninsured) coverage is mandatory.
What is SUM (Supplementary Uninsured and Underinsured Motorist) coverage?
This is selected when a new credit score needs to be pulled.
What is Credit Score Company Correction?
This type of certificate is sent when all of the verbiage does not fit in the system.
What is a manual COI?
This is the day the coverage is updated once validat forms are received.
What is the day after receipt?
These forms are required in addition to the option form when rejecting UM/UIM coverage.
What are Waivers?
This is the mandatory default deductible for PIP.
What is no-deductible?
This is the process when the policy is cancelled.
What is NHR?
This is only added to certificates that are listed as an Additional Insured.
What is the Waiver of Subrogation?
$25/$50/$25 or $75k CSL
What is the minimum required UM/UIM coverage?
The amount of time from the date of bind that the insured has to return the option forms.
What is 20 days?
An option form is needed to reject this specific PIP coverage.
What is Work Loss Elimination?
OR
Work Loss & Medical Elimination: Named Insured?
This is the date the credit pull is effective.
What is the NBUS effective date?
This is sent when everything the certificate holder is requesting cannot be listed.
What is a Decline Letter?
$250, $500, or $1000
What are UMPD deductibles?
New forms of this type are required when the vehicle count changes.
What are Waivers?
This optional coverage provides BI liability coverage when a person is injured or killed in an accident that is caused by the insured's spouse.
What is Supplemental Spousal Liability?
This button is clicked when the credit score will not result in a better rating.
What is Return to Home?