ACORD 28

The ACORD 28 form provides lenders, mortgagees, and other third parties with formal evidence of commercial property insurance. Feathery’s AI extracts structured details such as insured name and property address, insurer identity, NAIC number, and policy effective/expiration dates. It also captures coverage specifics including forms applied (e.g., Basic, Broad, Special), limits of insurance, deductibles, and occupancy details, ensuring stakeholders can confirm protection is active.

This template is especially useful for lenders, mortgage companies, and financial institutions that require proof of insurance as part of loan or lease agreements. Automating ACORD 28 data extraction streamlines compliance processes, reduces manual verification, and provides accurate, transparent records for underwriting and loan servicing. By surfacing authorized representative signatures, cancellation terms, and mortgagee/loss payee details, stakeholders can confidently validate insurance status and terms in real time.