Our loss notice no longer prints policy limits... we can enter them, but a blue information note comes on that screen that states that the info will not show up on the printed loss notice....
Is there a way to make this show up, or is it a privacy thing on the new form?
Quote from: Marie (Zionkowski) Long on June 25, 2013, 05:09:25 PM
Our loss notice no longer prints policy limits... we can enter them, but a blue information note comes on that screen that states that the info will not show up on the printed loss notice....
Is there a way to make this show up, or is it a privacy thing on the new form?
The updated ACORD Loss notices do not have fields for coverage limits. Applied chose to leave the fields for internal use within your agency. The rationale for removing them from the form (I was part of this discussion) - agents should not be telling insurance companies what the coverages are - that's the insurance company's job. At times agents would put the wrong limits or deductibles in the form, either by pulling from the wrong policy period or by direct input. This can cause confusion. The insurance company should not be using any of the coverage information from the loss notice as they need to pull it from their system or policy image. The space was better utilized for other information, like additional contact info. There were requests to add more info in other areas and we wanted to keep the form to 1 page, so the coverage info was the casualty with good reason.
Thanks for the reply, Jim :-)