Property Policy

Templates

Property Policy

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Insurance

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Datapoint

Description

This is some text inside of a div block.

Policy Effective Date

Extracts the date the Commercial Property Policy begins. This marks the start of the policy term.

Policy Expiration Date

Captures the date the policy ends. This is typically one year after the effective date.

Policy Number

Identifies the unique number assigned to the property insurance policy.

Named Insured

Returns the full legal name of the insured entity listed on the policy.

Named Insured Address

Extracts the mailing address of the named insured, including street, city, state, and ZIP code.

FEIN / SSN

Captures the Federal Employer Identification Number or Social Security Number associated with the insured.

Business / Entity Type

Identifies the legal structure of the insured, such as Corporation, LLC, or Sole Proprietor.

Producer / Agency Name

Returns the name of the insurance agency or producer listed in the policy.

Total Policy Premium

Highlights the total annual premium charged for the commercial property portion of the policy, excluding taxes and surcharges.

Coinsurance

Extracts the coinsurance percentage that applies to the insured property under the Commercial Property Coverage.

Location Number

Identifies the number assigned to each insured location listed in the Commercial Property Coverage section.

Coverage Type

Lists the specific types of coverage included, such as Building, Business Income, or Extra Expense.

Coinsurance

Shows the coinsurance percentage applied to each coverage line item within a specific location.

Sum of Deductible

Extracts the deductible amount applicable to each coverage type or location.

Limits

Returns the stated limit of insurance or liability for each type of property coverage.

Rate

Captures the manual or property rate applied per coverage line.

Premium

Shows the premium amount for each coverage, excluding taxes and surcharges unless included in the base line.

Location Number

Reiterates the numeric location ID associated with each property declaration.

Location: Street Address

Extracts the full street address of each insured property location.

Location: City

Captures the city where each insured property is located.

Location: State

Returns the state in which the insured location is situated.

Location: ZIP Code

Identifies the ZIP code for the insured property location.

Form Number

Extracts the policy form number associated with Commercial Property. Includes codes like “CP” or “SB.”

Form Title / Description

Captures the description or title associated with each form number listed.

Form Revision Date

Highlights the revision date (if available) for each property-related form in MM/YYYY format.

Classification Code Number

Extracts the numeric code used to classify the property’s risk profile.

Classification Description

Provides the textual description corresponding to each classification code.

Premium Basis

Specifies how the premium is calculated (e.g., per $100 of value, per square foot).

Exposure

Identifies the level of exposure used for rating purposes based on classification.

Manual Rate

Captures the manual rate assigned to the classification code.

Premium

Shows the calculated premium for each classification code listed.

Policy Exclusions

Returns all exclusions that apply under the Commercial Property Policy. Excludes general liability or unrelated coverages.

TRIA Terrorism Endorsement

Extracts any terrorism endorsements listed in sections like “TRIA Endorsement” specific to property.

Waiver of Subrogation Endorsement

Returns the Waiver of Subrogation endorsement details, often found in the endorsements section of the property policy.

Additional Insured Name(s)

Lists all names explicitly added as additional insureds within the Property section of the policy.

This AI template automates data extraction from commercial property insurance policies, capturing key fields like policy number, effective and expiration dates, named insured, and address. It pulls coverage details including building, business income, coinsurance percentages, limits, deductibles, and location-specific declarations. Premium breakdowns, classification codes, endorsements (like TRIA and Waiver of Subrogation), and additional insureds are also extracted.

Ideal for brokers, underwriters, and compliance teams, this template speeds up intake and review of property policies by turning complex documents into structured data—reducing manual work and improving accuracy.

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