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This document is a form for submitting information regarding commercial auto insurance, including coverage limits, liability, and details about hired, borrowed, and non-owned autos.
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How to fill out acord 137 mt
How to fill out ACORD 137 MT
01
Obtain a blank ACORD 137 MT form.
02
Begin by filling out the insured's information, including name, address, and contact details.
03
Provide the policy number associated with the insurance.
04
Fill in the details of the coverage needed, specifying the types and limits of coverage.
05
Indicate the effective date of the coverage.
06
Include any additional insured parties if applicable.
07
Review the form for accuracy and completeness.
08
Sign and date the form where indicated.
Who needs ACORD 137 MT?
01
Insurance agents and brokers who are issuing or modifying a policy.
02
Policyholders looking to request specific coverages.
03
Companies performing risk assessments before finalizing insurance policies.
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What is ACORD 137 MT?
ACORD 137 MT is a form developed by ACORD (Association for Cooperative Operations Research and Development) used for reporting and documenting transactions related to the transportation of goods within the insurance industry, specifically focusing on marine cargo.
Who is required to file ACORD 137 MT?
Insurance agents, brokers, and insurers involved in marine cargo insurance transactions are typically required to file ACORD 137 MT.
How to fill out ACORD 137 MT?
To fill out ACORD 137 MT, users must provide accurate information regarding the insured parties, the type of cargo, details of the transportation, coverage terms, and any pertinent conditions or exclusions.
What is the purpose of ACORD 137 MT?
The purpose of ACORD 137 MT is to standardize the process of reporting marine cargo insurance transactions, ensuring that important data is captured consistently across the industry for better communication and record-keeping.
What information must be reported on ACORD 137 MT?
Information that must be reported on ACORD 137 MT includes details such as the name and address of the insured, policy number, description of goods, mode of transport, date of shipment, value of goods, and any endorsements or exclusions applicable to the coverage.
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