Templates

Inland Marine Application

Inland Marine Application

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Insurance
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Datapoint
Description
This is some text inside of a div block.
This is some text inside of a div block.
Named Insured
Legal name of the business or individual applying for Inland Marine coverage.
Mailing Address
Full mailing address of the applicant, including street, city, state, and ZIP code.
Requested Effective & Expiration Dates
Desired start and end dates of coverage.
Limit of Insurance Requested
Total or itemized insured value of the entity to be covered.
Requested Deductible
Amount the applicant is willing to self-insure per loss or occurrence.
Loss Settlement Basis
Requested basis for claim payment, typically Actual Cash Value (ACV) or Replacement Cost.
Primary Business Type / Use of Equipment
Describes the business activities and how the scheduled property is used.
Territory of Use
Geographic area where insured property will be stored and operated (e.g., within state, multi-state, or national).
Prior Inland Marine Coverage
Disclosure of existing or previous Inland Marine coverage, including insurer and dates (if available).
Five-Year Loss History
Disclosure of any past Inland Marine claims, losses, or known incidents.

An Inland Marine insurance application collects detailed information about the applicant, requested coverage, and insured property to ensure accurate underwriting. The application includes applicant details such as the named insured, mailing address, and requested effective and expiration dates of coverage. Applicants specify coverage terms including the total or itemized limit of insurance, requested deductible, and loss settlement basis such as Actual Cash Value or Replacement Cost. Operational details are also captured, including the primary business type, use of equipment, and territory of use to assess exposure.

Feathery’s AI automatically extracts this data from submitted applications, including prior Inland Marine coverage, five-year loss history, and detailed property coverage requests. This allows carriers and brokers to quickly assess risk, streamline quoting, and reduce errors caused by manual data entry. The automation also supports faster turnaround on Inland Marine quotes, improving efficiency for both applicants and underwriters.

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