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What is the difference between ACORD 28, Evidence of Commercial Property Insurance, and ACORD 24, Certificate of Property Insurance?

April 26, 2017acord Certificate Commercial difference property insurance

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What is the difference between ACORD 28, Evidence of Commercial Property Insurance, and ACORD 24, Certificate of Property Insurance?

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ACORD 28 conveys to the holder of the form all the rights that go with the policy, including notice of cancellation. These “rights” apply only to individuals identified in the policy, such as mortgage holders.