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Get Policyholder Disclosure Notice Of Terrorism Insurance Coverage
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How to fill out the Policyholder Disclosure Notice Of Terrorism Insurance Coverage online
This guide provides comprehensive and user-friendly instructions on completing the Policyholder Disclosure Notice of Terrorism Insurance Coverage form online. It aims to assist all users, regardless of legal experience, in accurately filling out the necessary sections for their insurance needs.
Follow the steps to fill out the form accurately and effectively.
- Click ‘Get Form’ button to obtain the form and open it in the editor.
- Read the introduction to the document carefully. It outlines your right to purchase insurance coverage for losses arising from acts of terrorism as defined in the Terrorism Risk Insurance Act of 2002.
- Locate the section where you indicate your choice regarding the purchase of terrorism insurance coverage. You have two main options: 'I hereby elect to purchase coverage for acts of terrorism for a prospective premium of $_____________' or 'I hereby elect to have coverage for acts of terrorism excluded from my policy.'
- If you choose to purchase coverage, fill in the blank space labeled 'prospective premium' with the appropriate amount. This figure represents what you will be paying for the coverage.
- If you choose to exclude coverage, ensure you understand that you will have no coverage for losses arising from acts of terrorism. Mark this option clearly.
- Sign the form in the signature field labeled 'Policyholder/Applicant’s Signature.' This indicates your agreement with the terms presented.
- Print your name in the designated space beneath your signature for identification purposes.
- Finally, indicate the date on which you are completing the form in the provided field.
- Once you have filled out all sections, verify your entries for accuracy. After you are satisfied, you can save the changes, download, print, or share the completed form.
Complete your Policyholder Disclosure Notice of Terrorism Insurance Coverage online today to ensure you are adequately covered.
TRIA requires insurers to make terrorism coverage available to commercial policyholders, but it does not require insureds to purchase it.
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