On Acord 35 - cancellation request. Does the reason the Insu

Message

Author

	Add to del.icio.us
	Add to YahooMyWeb
	Add to Simpy
	Add to BlinkList

Posted: Sun Dec 06, 2009 1:25 am Post subject: On Acord 35 - cancellation request. Does the reason the Insu

I was told by a competing agent that the reason why the insured was cancelling had to be placed in the remarks section and that just checking the box "requested by Insured" was not adequate. They claimed this was per the State Bureau of Insurance. I have scoured the State Insurance Code and have found no reference at all relating to an Insured requesting to cancel a policy. I think this agent is mad because the client doesn't want to do business with them anymore.

PJM

New member

Joined: 06 Dec 2009
Posts: 1

1.32 Dollars($)

Posted: Sun Dec 06, 2009 1:08 pm Post subject:

PJM, left this question in my in box....it's one for you agents...I have no idea

Quote:

Do remarks need to be entered on Acord form 35 stating the reason why the insured wants to cancel a policy?

_________________
"Never, never be afraid to do what's right, especially if the well being of a person or animal is at stake. Society's punishments are small compared to the wounds we inflict on our soul when we look the other way." Martin Luther King Jr.

Lori

Moderator