ACORD 101

What the ACORD 101 is for

The ACORD 101 exists because ACORD forms have finite boxes and commercial accounts do not. When a description of operations, a schedule or an explanation runs past the space on the parent form, the overflow goes here and the parent form points at it.

It is used most often behind a certificate of liability insurance, where a contract requires wording longer than the description block allows, and behind a commercial application where the general-information answers need explaining.

What it collects

Described in our own words, block by block. This is a summary of the information the form gathers, not a reproduction of the form itself.

Parent form identification

Which ACORD form this schedule attaches to, so the pair is read together.

Agency, policy and insured

Repeated from the parent form so the attachment can be identified if it is separated.

Remarks

The continued content itself, referenced back to the numbered section of the parent form it belongs to.

Check before it leaves the agency

The defects that cause trouble later are nearly always the same handful. Run these before the form goes out.

• The parent form is identified, and the parent form itself says that an ACORD 101 is attached. An unreferenced attachment gets separated and lost.
• The named insured and policy numbers on the attachment match the parent form exactly.
• Continued content is tied back to the specific section of the parent form it belongs to.
• Nothing on the attachment says anything the policy does not support. Extra space is not extra coverage.
• The attachment travels with the parent form every time the parent form is reissued.

What the ACORD 101 does not do

• It does not stand alone or mean anything without its parent form.
• It does not grant coverage, however the wording on it is phrased.

Which edition?

ACORD revises its forms, and the edition date is printed in the bottom-left corner beside the form number. This page deliberately does not name an edition, because a hard-coded one goes stale and a stale edition on a reference page is worse than none. Produce the form from your own management system, which will give you the current version, and read the corner if a carrier or a contract has asked for a specific one.

At renewal

BindCheck reads a bound renewal against the prior policy and reports every form, limit, deductible and endorsement that changed, with each finding cited to the page it came from. That matters for this form because what you put on an ACORD is only correct for as long as the policy behind it is unchanged: a certificate, an evidence form or a schedule of interests prepared from last term's facts is a defect nobody sees until the party relying on it needs it.

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