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Additional Information

Line of Business​

This section of the guide explains the different lines of business that are supported by BizDynamics. You can find the LOB specific information along with the ACORD form details.

The following are the lines of business supported in this release:

  • Commercial Package Policy (CPP)
  • Workers Compensation (WC)

For more info on Commercial Package Policy and Workers Compensation, refer the LOB documents as follows.

  • Commercial Package Policy Product Document
  • Commercial Package Policy Rating Document
  • Workers Compensation Product Document
  • Workers Compensation Rating Document

Commercial Package Policy​

Under Commercial Package Policy, you can get coverages from separate products bundled into one single policy. In BizDynamics, you can select Commercial Property and General Liability for a Commercial Package Policy quote, where you can create a quote by providing the basic insured details, get pricing, and proceed to bind the application with required additional Interest and general underwriting questionnaire for the policy.

ACORD Forms​

  • ACORD 125 -2014/12 - Commercial Insurance Application
  • ACORD 126 -2014/04 - Commercial General Liability Section
  • ACORD 139 -2015/12 - Statement Of Values
  • ACORD 140 -2016/03 - Property Section
  • ACORD 144 -2013/09 - Glass and Sign Section
  • ACORD 159 -2014/09 - Schedule Of Property Limits
  • ACORD 803 -2014/12 - Liquor Liability Section
  • ACORD 810 -2014/12 - Business Income / Extra Expense / Rental Value Supplement To Property Section

Workers Compensation​

Workers Compensation provides you coverage against two key exposures arising out of injuries sustained by employees. It covers the employer's statutory liabilities under workers compensation laws and liability arising out of employees' work-related injuries.

ACORD Forms​

  • ACORD 125 -2014/12 - Commercial Insurance Application
  • ACORD 130 - 2013/09 - Workers Compensation Application
  • ACORD 823 - 2015/12 - Additional Premises Information Schedule