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ACORD Forms Notification - Changes, Enhancements and Suggestions for Changes

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ACORD Forms Notification 10-31-2012

ACORD Forms Notification Service

October 2012 Bulletin

ACORD P&C and Life/Annuity/Health Form Changes and Additions

The following pages include both a List of recently Revised and New ACORD forms and an Explanation of the Changes made. Copies of the forms referenced in this announcement can be downloaded in the formats you need at www.acord.org. To download forms, you will need to “sign-in” as an ACORD member with your user name and password. Once you are signed in, click on the Forms button, and then click on Download Forms to access the ones you need. If you need assistance, a sample of a form, or are an agent/broker who would like to join the Advantage Program, please call Member Services at (800) 444-3341, Option 2 or email us at [email protected].

If you do not wish to receive this notification, please send an email to [email protected] requesting that we unsubscribe you to this Forms Notification Service.

Form Enhancements

This month, ACORD released several forms with new features and enhancements.

Note: These are not new forms editions. The forms have not changed, nor have any fields been added or removed. The enhancements involve forms use and include:

• Field Parsing: Data fields such as Address are now separated into component parts (street, city, state, zip), to allow for more precise data capture and more accurate transmission.

• Improved FIGs: ACORD's Forms Instruction Guides are integrated into the forms to provide specific help for each field on screen, and are consistent across all forms.

• Each field is assigned an unique e-label

Forms (By Number) for October 2012

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Form Number Replaces Title REVISIONS

P&C - Countrywide NONE P&C - State Specific NONE P&C - Australia

3827 (2012/10) 2012/02 Business Package Application for Insurance

Life/Annuity/Health NONE NEW

P&C - Countrywide NONE

P&C – State Specific

65 CO (2013/02) NEW Colorado Personal Property Supplement Summary of Coverage Renters Policy (effective 02-01-2013) 66 CO (2013/02) NEW Colorado Personal Property Supplement Summary of

Coverage Condominium Policy (effective 02-01-2013) 67 CO (2013/02) NEW Colorado Personal Property Supplement Summary of

Coverage Dwelling Fire Policy (effective 02-01-2013) 68 CO (2013/02) NEW Colorado Personal Property Supplement Summary of

Coverage Homeowners Policy (effective 02-01-2013)

Life/Annuity/Health NONE WITHDRAWN

62 CO (2/97) Colorado Personal Property Supplement, Colorado Homeowner’s. Renter’s and Condominium Owner’s (and Dwelling Fire) Disclosure Form

68 FL (2004/09) Citizens Property Insurance Corporation Residential – Dwelling Wind Only

69 FL (2004/09) Citizens Property Insurance Corporation

Wind Only Supplemental Residential Application Schedule

E-FORM CONVERSIONS

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Explanation of Changes 10-31-2012

1 of 3 ACORD Explanation of Changes 10-31-2012

P&C FORMS Countrywide – Revised

NONE

State Specific – Revised NONE

Australia – Revised 3827 (2012/10)

Business Package Application for Insurance

Page 2

1. PUBLIC AND PRODUCTS LIABILITY section, immediately below the second row (Limit of Liability), insert three fields with dollar signs ($) labeled Product Liability Sum Insured:, Annual Turnover: and Property Value:

2. PUBLIC AND PRODUCTS LIABILITY section, delete one row in IMPORT / EXPORT table

Page 3

3. COVER INFORMATION (continued) MACHINERY BREAKDOWN section, revise Machinery, Plant Boiler, Pressure Vessels to Machinery Blanket Cover and add a field labeled # of Items

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State Specific – New

Although the effective date for the following Colorado disclosure forms is February 1, 2013, they may be used immediately.

65 CO (2013/02)

Colorado Personal Property Supplement Summary of Coverage

Renters Policy

ACORD 65 CO, Colorado Personal Property Supplement - Summary of Coverage, Renters Policy, complies with Colorado law which requires that all important personal property renters insurance coverages must be explained in writing.

66 CO (2013/02)

Colorado Personal Property Supplement Summary of Coverage

Condominium Policy

ACORD 66 CO, Colorado Personal Property Supplement - Summary of Coverage, Condominium Policy, complies with Colorado law which requires that all important personal property condominium

insurance coverages must be explained in writing.

67 CO (2013/02)

Colorado Personal Property Supplement Summary of Coverage

Dwelling Fire Policy

ACORD 67 CO, Colorado Personal Property Supplement - Summary of Coverage, Dwelling Fire Policy, complies with Colorado law which requires that all important personal property dwelling fire

insurance coverages must be explained in writing.

68 CO (2013/02)

Colorado Personal Property Supplement Summary of Coverage

Homeowners Policy

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Explanation of Changes 10-31-2012

3 of 3 ACORD Explanation of Changes 10-31-2012

LIFE / ANNUITY / HEALTH FORMS Countrywide – Revised

NONE

State Specific - Revised NONE

Countrywide – New NONE

State Specific – New NONE

WITHDRAWN FORMS 62 CO (2/97)

Colorado Personal Property Supplement, Colorado Homeowner’s, Renter’s and Condominium Owner’s (and Dwelling Fire) Disclosure Form

This form has been replaced by 65 CO (Renters), 66 CO (Condominium), 67 CO (Dwelling Fire) and 68 CO (Homeowners), included in this release.

The following two forms have been withdrawn per the request of the Citizens Property Insurance Corporation. To obtain these coverages or for further information, contact the plan directly at their website (www.citizensfla.com).

68 FL (2004/09)

Citizens Property Insurance Corporation Residential – Dwelling Wind Only

69 FL (2004/09)

Citizens Property Insurance Corporation

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