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Search results for: Railroad-Protective-Liability
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https://completemarkets.com/company/CompleteMarkets/Articles/content-package/IMMS-Library/TabCategory/article-post/1093/FOLLOW-UP-ON-CERTIFICATES-OF-INSURANCE/
... it should be the insured's legal responsibility to advise of cancellation, not the insurer's and certainly not the agent's. (Keep in mind that even the ISO additional insured endorsements don't add provisions for notice of cancellation. This is just one of the reasons that OCP and Railroad Protective Policies are sometimes used rather than AI endorsements.) Related to this issue is the ACORD wording that the issuing insurer will endeavor to' provide notice of cancellation. As stated in the ACORD form, the certificate is neither part of the policy, nor ... contract with the holder, and the insurer is under no obligation to notify. However, if this wording is deleted or modified, as is often the case, or a proprietary form is used, it's possible that such an obligation could be created. In addition, one wonders why the will endeavor to' language exists at all. According to Merriam-Webster's Collegiate Dictionary, endeavor' means: endeavor, v., (1 ) to strive to achieve or reach; (2 ) to attempt (as the fulfillment of an ... So, to quote an old Karl Malden commercial for American Express travelers checks, What will you do, what will you do? ' Four primary ACORD forms are used to prove that insurance exists: ACORD 24 ? Certificate of Property Insurance ACORD 25-S ? Certificate of Liability Insurance ACORD 27 ? Evidence of Property Insurance ACORD 75-S ? Insurance Binder This article doesn't address the ACORD 75-S or ACORD 27 (the latter of which says that the company will give notice of cancellation or policy changes that would affect the additional interest if required to ...

https://completemarkets.com/Article/article-post/212/How-To-Deal-With-A-Wholesaler/
...missions, Motor Truck Cargo, and Railroad Protective. These people are considered ex...