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Approved Certificate of Insurance: - 28 (2016/03) - Evidence of Commercial Property Insurance. Page 1. THIS EVIDENCE OF COMMERCIAL PROPERTY INSURANCE IS ISSUED AS A MATTER OF INFORMATION ONLY AND CONFERS NO RIGHTS UPON THE ADDITIONAL INTEREST NAMED BELOW.
For residential properties and small commercial properties, evidence of insurance is conveyed using an insurance form called 27. This form can also include mortgage information. Another form, called 28, is used for evidence of insurance for large commercial properties.
The current 27 and 28 forms are certificates of insurance designed for delivery to parties that have a financial interest in the property covered by the listed policy or policies. These parties are typically additional insureds and/or loss payees.
However, if the receiver of the form has a verifiable insurable interest in the policy, such as a mortgagee or lender, use form 27. When the property is insured under a large limit commercial lines policy and the lender requires specific detailed coverage information, use form 28.
0:57 3:30 Evidence of Property Insurance - YouTube YouTube Start of suggested clip End of suggested clip From. And expiration date and if it replaces a previous one sometimes you might get a binder atMoreFrom. And expiration date and if it replaces a previous one sometimes you might get a binder at closing. And then you get an actual policy.
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If the person who needs to see proof of insurance just wants to verify coverage, 24 should be used because they have no interest in the policy itself. However, if the person requesting proof does have an interest in the policy being held, 27 should be used instead.
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The 27 form is more commonly knowns as the Evidence of Property Insurance. It is a single-page form used to provide proof of property coverage to another party who has interest in a residential property, commercial property and/or the contents of the property.

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