Policy Help


AdditionalInterestDetail
NoticesApplicableToThisInterest

Additional Interest Detail

The Additional Interest Detail section of the Policy Information page contains the following fields:

Select Default Mortgagee/Lienholder - If Mortgagee/Lienholder's are loaded in utilities, you may select one from the preloaded list.

Note: If a preloaded mortgagee/lienholder is selected for the additional interest the address information can be modified, however the original dropdown entry will not reflect any changes made to the address. To modify the dropdown list the changes must be made in Utilities by a System Administrator or any other user with Data Setup-Mortgagee/Lienholder rights.

Interest Type - This field contains the interest type and may be one of the following:
Mortgagee/Lienholder, Additional Insured, Certificate Holder, or Other Party of Interest.

Name1 - This field contains the name of the additional interest.

Name2 - This field is a continuation of Name Line 1 if needed.

Address Line 1 - This field contains the first line of the mailing address for the additional interest.

Address Line 2 - This field is a continuation of Address Line 1 if needed.

City - This field contains the mailing city of the Additional Interest.

City/Postal Code - This field is visible only if the International option is selected for the address type and contains the mailing city/postal code of the additional interest.

Country - This field is visible only if the International option is selected as the address type and contains the mailing country of the additional interest.

State - This field is only applicable for a Domestic US address and contains the mailing state of the additional interest.

Zip Code - This field is only applicable for a Domestic US address and contains the mailing zip code of the additional interest.

Address Type - This field displays the selected mailing address type of the additional interest. To choose an address type, click on either Domestic US or International selection in the Address Type field. The default selection is set to Domestic US. This selection is visible only in Edit Mode.

Reference - This field is used for miscellaneous additional interest information. This information only prints on the copy of the notice for the additional interest. This could be an account number; a brief description of covered property; or the make and model of a covered vehicle.

Notices Applicable to this Interest - The default for notices applicable to an additional interest is the cancellation notice. If the additional interest is to receive additional advance days notice for a cancellation, that number of days should also be entered. Leaving the Cancellation Advance Days Notice field empty will provide the same advance days notice to the Additional Interest that was given to the Named Insured. You may also indicate other notice types applicable to the additional interest by selecting 'yes' for each desired notice type.

 

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