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Providing Proof of Insurance Coverage to Lenders (Member Only Content)

Some lenders are refusing to accept the current editions of the ACORD 27 and 28 and insist that agents issue the 2003 editions of these forms. There are several reasons why agents cannot and should not do this. In this article, we'll examine those reasons. Included is a "one-pager" you can give to your insureds and their lenders to explain why you can't comply with this request.

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