Templates

ACORD 26

ACORD 26

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Insurance
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Description
This is some text inside of a div block.
This is some text inside of a div block.
Policy Information
Carrier, number, effective/expiration dates.
Insured Information
Entity name and address.
Additional Interest Name
Person or entity added to the policy.
Type of Interest
Lender, loss payee, additional insured, etc.
Interest Address
Location of the additional interest.
Relationship to Insured
Type of interest relationship.
Item Number
Associated insured item or property.
Loan or Reference Number
Identifier for interest relationship.
Description of Interest
Reason or nature of interest.
Coverage Affected
Insurance that the interest applies to.
Policy Change Indicator
Marks if this updates the policy.

The ACORD 26 form functions as an insurance binder, serving as temporary evidence of coverage while a formal policy is being finalized. Feathery’s AI extracts structured details such as policy number, carrier, effective and expiration dates, and insured information. It also identifies additional interests tied to the policy, including their names, addresses, roles (e.g., lender, loss payee, additional insured), and the specific coverage impacted.

This template is particularly valuable for agents, brokers, and lenders who need immediate confirmation of coverage during underwriting or before contract closings. Automating ACORD 26 data extraction ensures accurate capture of binder terms, reduces processing delays, and provides clear visibility into temporary insurance arrangements. By surfacing interest details, coverage affected, and policy change indicators, stakeholders gain reliable proof of insurance status pending issuance of the final policy.

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