Acord 20 Form Fillable Download (Certificate of Aviation Liability Insurance)

Why is the ACORD 20 Form Important?

However, this certificate proves that full liability insurance covers aviation assets. Some common scenarios require this certificate before taking action:

Airport Operations Agreements

The airport management requires the policyholder to provide this certificate before gaining operational rights. However, you can not fly using the airport runway without this certificate.

Event Organizers

This certificate is compulsory to provide before participating in aviation-based events like airshows. This will provide security in case of any crash damage.

Aircraft Leasing

The lessors can ask the lessee to provide this certificate to ensure enough liability insurance coverage.

Aviation Contractors

Aviation service provider companies, such as fuelling and maintenance, can request this certificate as proof of sufficient liability coverage.

How To Get an ACORD 20 Fillable Insurance Certificate?

Contact Insurance Agent

You must arrange a meeting with the insurance producer regarding aviation liability insurance. Provide the necessary information, such as full name, company name, mailing address, city name, state name, city’s postal code, and aviation-related information. He will collect the data and create a certificate.

Official Website

Visit the Acord official website and go to the forms pages. Search for the required form and click the download button at the bottom to save the form in a PDF format. Later, you can get a print and consult your insurance agent to complete it correctly.

Third-Party Website

You can also visit any third-party website offering Acord certificates of insurance. Look for the required form and press the download button to save it on your device. Fortunately, you can also visit www.formsdude.com to save all Acord forms in PDF format.

Steps To Follow While Filling Out The Blank Acord 20 Form

1- Date and Producer Information

At the top of the form, fill out the date in the prescribed format (MM/DD/YYYY). Then, fill out the complete information details of the producer. It includes a full name, contact number, fax number, email address, city name, state or province name, and city’s postal code. Make sure to fill it out correctly.

2- Insured Information

You must fill in this section about the insurer’s personal information. This information contains the full name of the insurer, mailing address, city name, province or state name, and mailing city’s postal code.

3- Insurance Company Details

This section contains insurer’s affording coverage with percentage. Moreover, the NAIC (National Association of Insurance Commissioners) number should be mentioned against every coverage.

4- Liability Coverages

In this section, tick the boxes of the relevant liabilities covered for the airport & FBO. Moreover, the additional page contains Private Hanger Liability Coverage, Aviation Products Liability Coverage, and any other additional converge details. Make sure to include or exclude the coverage of the insurance policy.

5- Policy Information

Fill in this section about effective dates, expiration dates, additional insured, and subrogation waiver details with limits. 

6- Additional Conditions

Write a description or provide additional remarks related to aviation. In addition, the specific instructions for third-party institutions must be defined.

7- Certificate Holder

In this section, fill in the full name of the certificate holder, mailing address, city name, state or province name, and city’s postal code.

9- Cancellation Clause

If the insurance policy is canceled before the expiration date, informing the certificate holder in the cancellation clause is compulsory.

10- Signature and Date

The last part of the form contains the representative signature with the issuing date.

Additional Details to Consider While Filling Out Acord 20 Form

Verification of Coverage

Ensure that policy number, effective, and expiration dates with additional insured parties are correctly filled. 

Proper Communication

Communicate with your producer or agent properly to provide enough liability coverage. Also, check the limits and subrogate waiver details to inform the third-parties.

Monitor Expiration Date

Every insurance policy has an expiration date, which is mentioned on the form. Monitor the expiration dates regularly to verify that the policy was active during the contract.

Request Updated Certificate

If your insurance service provider informs you about policy changes during the contract, ask for the updated version of the certificate. This will help avoid any misunderstandings.

Proper Record Keeping

You must keep all the relevant records for claims. It will help you provide the documents on time if requested for reference.

FAQs

What is Acord 20?

It is a certificate that proves to stakeholders that insurers have enough aviation liability coverage. The Association for Cooperative Operations and Research created this form. Contractors, individuals, and organizers require this certificate for agreements and transactions.

Can I Issue my Own Acord 20 Certificate?

No, only your insurance producer, agent, client, or authorized representative can issue this certificate.

What is the Role of the Certificate Holder on the Acord 20 Form?

The certificate holder is a party such as a contractor, lender, organizer, or airport authority. It usually requests the certificate as proof of insurance.

How Can I Update an Acord 20 Certificate?

If the insurance policy changes, you must contact your broker immediately to create a revised certificate.