Submit Policy Assignment - Revision history

WikiAdmin at 17:34, 11 March 2025

2025-03-11T17:34:07Z

← Older revision		Revision as of 10:34, 11 March 2025
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	\|title =		\|title =
	\|text = This procedure explains how agents can request a [[NFIP Policy Assignment\|policy assignment]]. A policy assignment transfers an NFIP policy from the current policyholder to a new policyholder due to a change in ownership.		\|text = This procedure explains how agents can request a [[NFIP Policy Assignment\|policy assignment]]. A policy assignment transfers an NFIP policy from the current policyholder to a new policyholder due to a change in ownership.
			}}
			{{img-proc-nofrm
			\|file = File:Img-vector-change-insured.png
			\|caption = Policy Changes require specific actions to meet federal guidelines
	}}		}}
	{{clear}}		{{clear}}

WikiAdmin at 17:32, 11 March 2025

2025-03-11T17:32:45Z

← Older revision		Revision as of 10:32, 11 March 2025
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	}}		}}
	Scroll to the top of the page to enter the effective date.		Scroll to the top of the page to enter the effective date.
	* ~~Enter~~ the ~~appropriate~~ date.		* The Effective Date should match the closing (transfer of ownership) date.
	* Backdating to the inception date is allowed for corrections.
	* Choose "None" for the [[Waiting Periods\|Waiting Period]].		* Choose "None" for the [[Waiting Periods\|Waiting Period]].
	'''''The Policy ~~Change~~ cannot be completed without choosing an effective date.'''''		'''''The Policy Assignment cannot be completed without choosing an effective date.'''''

	<!-- END OF COLLAPSIBLE SECTION -->		<!-- END OF COLLAPSIBLE SECTION -->

WikiAdmin: /* Procedural Steps */

2025-03-11T17:31:26Z

Procedural Steps

← Older revision		Revision as of 10:31, 11 March 2025
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	}}		}}
	{{Attention\|If chosen by accident, this can be undone by clicking the '''Abort''' button in the upper right.}}		{{Attention\|If chosen by accident, this can be undone by clicking the '''Abort''' button in the upper right.}}
	~~'''Once all details are entered, click the "Save" button.'''<br>~~
	If no other changes are needed, move to Step 4 below.		If no other changes are needed, move to Step 4 below.
	}}		}}

WikiAdmin: /* Procedural Steps */

2025-03-11T17:30:19Z

Procedural Steps

← Older revision		Revision as of 10:30, 11 March 2025
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	}}		}}
	'''If co-insureds or additional insureds need to be added or removed, refer to the boxes below.'''<br>		'''If co-insureds or additional insureds need to be added or removed, refer to the boxes below.'''<br>
	If nothing else remains, move to Step 4 below.~~'''~~		If nothing else remains, move to Step 4 below.
	}}		}}

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	* All starred fields are required.		* All starred fields are required.
	}}		}}
	'''~~Once all details are entered, click the "Save" button.~~ If co-insureds or additional insureds need to be removed, refer to the box below ~~before moving~~ to Step 4 below).~~'''~~		'''If co-insureds or additional insureds need to be removed, refer to the box below.'''<br>
			If nothing else remains, move to Step 4 below.
	}}		}}

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	}}		}}
	{{Attention\|If chosen by accident, this can be undone by clicking the '''Abort''' button in the upper right.}}		{{Attention\|If chosen by accident, this can be undone by clicking the '''Abort''' button in the upper right.}}
	'''Once all details are entered, click the "Save" button. If no other changes are needed, move to Step 4 below).~~'''~~		'''Once all details are entered, click the "Save" button.'''<br>
			If no other changes are needed, move to Step 4 below.
	}}		}}

WikiAdmin: /* Procedural Steps */

2025-03-11T17:28:58Z

Procedural Steps

← Older revision		Revision as of 10:28, 11 March 2025
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	Once all details are entered, click the "Save" button.		Once all details are entered, click the "Save" button.
	}}		}}
	'''If co-insureds or additional insureds need to be added or removed, refer to the boxes below ~~before moving~~ to Step 4 below.'''		'''If co-insureds or additional insureds need to be added or removed, refer to the boxes below.'''<br>
			If nothing else remains, move to Step 4 below.'''
	}}		}}

WikiAdmin: /* Procedural Steps */

2025-03-11T17:27:53Z

Procedural Steps

← Older revision		Revision as of 10:27, 11 March 2025
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	{{Box task		{{Box task
	\|image = Img-proc-change-insured-edit-fields.png		\|image = Img-proc-change-insured-edit-fields.png
	\|size = ~~250px~~		\|size = 300px
	\|alt = An image showing the options in the Policyholder section.		\|alt = An image showing the options in the Policyholder section.
	\|caption = Make the appropriate entries to the policyholder details as needed.		\|caption = Make the appropriate entries to the policyholder details as needed.

WikiAdmin: /* Procedural Steps */

2025-03-11T17:27:02Z

Procedural Steps

← Older revision		Revision as of 10:27, 11 March 2025
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	\|text =		\|text =
	<big>'''Change Policyholder Details'''</big><br>		<big>'''Change Policyholder Details'''</big><br>
	Make changes to the ~~insured's legal~~ status~~, name, email~~ address~~, phone~~ number, ~~and mailing address~~.~~<br>~~		Make changes to the following:
			* Legal status/entity
			* Name
			* Email address
			* Phone number
			* Mailing address.
			Once all details are entered, click the "Save" button.
	}}		}}
	'''~~Once all details are entered, click the "Save" button.~~ If co-insureds or additional insureds need to be added or removed, refer to the boxes below before moving to Step 4 below).'''		'''If co-insureds or additional insureds need to be added or removed, refer to the boxes below before moving to Step 4 below.'''
	}}		}}

WikiAdmin: /* Procedural Steps */

2025-03-11T17:24:15Z

Procedural Steps

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	* Insured names and signatures (sellers)		* Insured names and signatures (sellers)
	* New insured names and signatures (buyers)		* New insured names and signatures (buyers)
	Add other details as applicable, such as the [[Mortgagee Clause]] or [[Primary Residence]] verification.		Add other details as applicable, such as the [[Mortgagee Clause]] or [[Primary Residence]] verification.<br>
	Print or save the form, then upload it to the [[Policy Documents]].		'''Print or save the form, then upload it to the [[Policy Documents]].'''
	}}		}}
	{{Attention\|1=The form must be signed by seller on or before the closing date. The buyer has up to 30 days to submit to the insurer. [https://www.fema.gov/sites/default/files/documents/fema_nfip_flood-insurance-manual_042024.pdf#page=53]}}		{{Attention\|1=The form must be signed by seller on or before the closing date. The buyer has up to 30 days to submit to the insurer. [https://www.fema.gov/sites/default/files/documents/fema_nfip_flood-insurance-manual_042024.pdf#page=53]}}

WikiAdmin: /* Procedural Steps */

2025-03-11T17:23:40Z

Procedural Steps

← Older revision		Revision as of 10:23, 11 March 2025
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	}}		}}
	This will open the Insured fields for editing. <br>		This will open the Insured fields for editing. <br>
	~~Each insured (policyholder, co-insured, or additional insured) will have their own section for editing.~~
	{{Box task		{{Box task
	\|image = Img-proc-change-insured-edit-fields.png		\|image = Img-proc-change-insured-edit-fields.png
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	\|text =		\|text =
	<big>'''Change Policyholder Details'''</big><br>		<big>'''Change Policyholder Details'''</big><br>
	~~Changes~~ to email address, phone number, and mailing address.<br>		Make changes to the insured's legal status, name, email address, phone number, and mailing address.<br>
	}}		}}
	~~----~~		'''Once all details are entered, click the "Save" button. If co-insureds or additional insureds need to be added or removed, refer to the boxes below before moving to Step 4 below).'''
	~~<div style="margin-top:10px;">~~'''Once all details are entered, click the "Save" button ~~(move~~ to Step 3 below).'''~~</div>~~
	}}		}}

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	* All starred fields are required.		* All starred fields are required.
	}}		}}
	'''Once all details are entered, click the "Save" button ~~(move~~ to Step 3 below).'''		'''Once all details are entered, click the "Save" button. If co-insureds or additional insureds need to be removed, refer to the box below before moving to Step 4 below).'''
	}}		}}

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	\|caption = Use the Delete button (trash can icon) in the upper right of the Co-insured or Additional Insured section.		\|caption = Use the Delete button (trash can icon) in the upper right of the Co-insured or Additional Insured section.
	}}		}}
	~~{{Docs-req\|1=A signed request from the insured being removed or written evidence, like a deed, showing the insured no longer has insurable interest in the property.}}~~
	{{Attention\|If chosen by accident, this can be undone by clicking the '''Abort''' button in the upper right.}}		{{Attention\|If chosen by accident, this can be undone by clicking the '''Abort''' button in the upper right.}}
			'''Once all details are entered, click the "Save" button. If no other changes are needed, move to Step 4 below).'''
	}}		}}

WikiAdmin: /* Procedural Steps */

2025-03-11T17:18:17Z

Procedural Steps

← Older revision		Revision as of 10:18, 11 March 2025
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	\|caption = Make the appropriate entries to the policyholder details as needed.		\|caption = Make the appropriate entries to the policyholder details as needed.
	\|text =		\|text =
	<big>'''~~Update Contact~~ Details'''</big><br>		<big>'''Change Policyholder Details'''</big><br>
	Changes to email address, phone number, and mailing address.<br>		Changes to email address, phone number, and mailing address.<br>
	~~{{Attention\|If the mailing address is used to verify '''[[Primary Residence]]''', then it cannot be changed until a document has been submitted in its place.}}~~
	}}		}}
	~~<big>'''Update Insured Name'''</big><br>~~
	~~The policyholder’s name has been updated due to legal reasons (e.g., marriage, divorce).<br>~~
	~~{{Docs-req\|1=a signed request from the insured or legal document showing change to insured name}}~~
	~~----~~
	~~<big>'''Correct Insured Name'''</big><br>~~
	~~The insurable interest does not change, but the policyholder’s name is incorrect.<br>~~
	~~{{Docs-req\|The agent must state that the name was incorrect on the application and there is no change to insurable interest}}~~
	----		----
	<div style="margin-top:10px;">'''Once all details are entered, click the "Save" button (move to Step 3 below).'''</div>		<div style="margin-top:10px;">'''Once all details are entered, click the "Save" button (move to Step 3 below).'''</div>