Templates

ACORD 126

ACORD 126

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Insurance
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Description
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This is some text inside of a div block.
Policy Information
Insurance company name, policy number, and effective/expiration dates.
Insured Information
Name and address of the primary policyholder.
Additional Interest Name
Person or entity being added to the policy as an additional interest.
Type of Interest
Role of the additional party (e.g., lender, loss payee, additional insured).
Interest Address
Mailing or physical address of the additional interest.
Relationship to Insured
Explanation of how the additional interest is connected to the insured.
Item Number
Reference to the specific property, vehicle, or item tied to the interest.
Loan or Reference Number
Identifier from the lender or lessor related to the insured asset.
Description of Interest
Details on why the party is being added to the policy (e.g., financing, lease).
Coverage Affected
Specifies which part of the policy the interest applies to (e.g., auto, property, equipment).

The ACORD 126 form is a key tool in commercial general liability underwriting, capturing structured information about coverage limits, exposures, and additional interests tied to the insured. Feathery’s AI extracts policy identifiers such as insurer, policy number, and effective dates, along with insured details and linked parties. It also identifies the type of additional interest (e.g., lender, lessor, or additional insured), the relationship to the insured, and the assets or coverage areas affected.

This template is especially useful for carriers, brokers, and risk managers reviewing liability exposures and ensuring proper policy endorsements. Automating ACORD 126 data extraction reduces manual data entry, ensures accurate linkage between insureds and interested parties, and accelerates endorsement processing. With precise information on interests, limits, and relationships, underwriters can evaluate liability risks faster, maintain compliance, and deliver timely updates to insureds and third parties.

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