Standard Insurance Policy Forms Fundamentals Checklist

Summary

This checklist is intended as an overview of standard insurance policy forms to help attorneys understand their history, nature, and purposes. It discusses the entities primarily responsible for creating the forms and other functions some of them perform. The latter functions differ from creating standard form insurance policies but relate to them. Those activities include coordination with insurance regulators regarding form filing and approval, coordination with organizations like each other, partnerships with entities to perform other services to members, risk assessment, educational outreach, and the development of loss cost data used in developing rates.