1
What is an NOI?
It serves as a warning that the policy may be canceled if the required information is not provided.
What is an NOC?
Is a formal notification indicating that an insurance policy is set to be canceled.
How many FU's are sent before an NOI?
3 including the policy delivery.
What is an example of a UW item we will not grant an extension for?
State forms
Cloth wiring
Request for too many extensions
Who approves NOC UW items?
Underwriting
List an example of UW item that would need photo approval.
Handrails/Guardrails
Pool Requirements
How many days does the client have to reinstate policy?
30 days
After how long will the client's request for coverage become a new application?
6 months
Which post-cancellation process involves a gap in coverage?
Rewrite
What happens if we fail to cancel a policy before the UW period ends?
We have to take on the risk.
What is the only state with a 45- day notice?
Virginia
What is an example of a CAT item that can be pushed to renewal?
Online Listing
RE owner fax/email
No signed rental agreement
What is Maddie's favorite food that she eats almost every day for lunch at work?
Spaghetti
What does Kenzi collect?
Enamel Pins
What is Brooklyn's new obsession?
Vinyls