SUB-CODE - If your agency uses a sub-code to identify specific agents with this carrier, enter that code here.ĪGENCY CUSTOMER ID - this is the customer ID number your agency or your agency management system assigned to this customer. 'No' stands for number.ĬODE - The ID number assigned to your agency by the insurance carrier listed on this binder. EXT stands for extension.įAX - enter your insurance agency's fax number. PHONE (A/C, No, EXT) - Enter the your agency's phone number. There is a good document on this subject at the link below.ĭATE - enter the date this form is being completed.ĪGENCY - Enter your insurance agency's full name and address.
Certificates and Evidence forms only warrant they such coverage exists. When a Binder is issued an actual insurance contract is created.
The binder is normally issued when proof of coverage for the insured is required but time does not allow the issuance of the policy quickly enough.īinder differ from Certificates and/or Evidence of insurance forms. Instructions for ACORD 75 Insurance BinderĪn insurance binder is a legal document issued by either the agent or the carrier which records the basic information about a pending insurance policy contract. How to Complete The ACORD 75 Insurance Binder
