Agency Transfer: Difference between revisions

From Equinox Wiki
No edit summary
No edit summary
Line 63: Line 63:
{{lorem}}
{{lorem}}


=== Policy Transfer ===
== Policy Transfer ==
{{lorem}}
{{lorem}}


Line 69: Line 69:
{{lorem}}
{{lorem}}


=== Agency Transfer ===
== Agency Transfer ==
{{lorem}}
What is it?
 
=== What is the process? ===
What is the process?
 
=== AOR Form ===
what needs to be signed?




{{nfip}}
{{nfip}}

Revision as of 14:58, 25 February 2025

Due to the manner in which NFIP policies are issued and managed, specific protocols must be followed when policies are being transferred between agencies or agents. Failure to understand and follow these protocols may cause unnecessary work and cost when managing your NFIP policies.

Policy Assignment
An agency transfer is different than transferring policies between policyholders, which is known as policy assignment. The tables below compare Policy Assignment only for the purpose of differentiation.
1. Policy Assignment 2. Policy Transfer 3. Rollover 4. Agency Transfer
Current Any Change? Current Any Change? Current Any Change? Current Any Change?
Policy Same Policy New Policy New Policy Same
Carrier Same Carrier New Carrier New Carrier Same
Agent Same Agent New Agent Same Agent New
Insured New Insured Same Insured Same Insured Same

Policy Assignment

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Policy Transfer

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Rollover

Lorem ipsum dolor sit amet, consectetur adipiscing elit, sed do eiusmod tempor incididunt ut labore et dolore magna aliqua. Ut enim ad minim veniam, quis nostrud exercitation ullamco laboris nisi ut aliquip ex ea commodo consequat. Duis aute irure dolor in reprehenderit in voluptate velit esse cillum dolore eu fugiat nulla pariatur. Excepteur sint occaecat cupidatat non proident, sunt in culpa qui officia deserunt mollit anim id est laborum.

Agency Transfer

What is it?

What is the process?

What is the process?

AOR Form

what needs to be signed?


This page contains information about the NFIP. Find more NFIP Resources.