ACORD AL3 Archives - Page 2 of 2 - Insurance Software development

What does General Liability Commercial Insurance (ACORD 126) mean?

Author - Webner
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4:39 am
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Introduction

Commercial General Liability (CGL) insurance is defined as an insurance policy that covers a business for bodily injury, personal injury, and property loss caused by the business’s operations, outcomes, or injuries that occur on the business premises. This liability insurance is also considered as comprehensive business insurance, though all risks a business may face are not covered by this liability insurance. Business companies can add other companies or individuals they contract with to their commercial liability insurance policy as an “additional insured.”

What does a Liability Commercial Insurance Policy Cover?

Commercial general liability policies […]

What is Commercial Property Insurance(ACORD 140)?

Author - Webner
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4:31 am
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Introduction

Commercial Property Policy is defined as an insurance policy for businesses and other organizations that covers damage to their buildings and contents due to a covered cause of damage, such as a fire. The policy may also cover loss of wages or other increments in expenses that result from property damage(PD). Generally, standard or nonstandard forms are used to write Commercial property policies.

Commercial property insurance is used to protect any commercial property. Commercial property insurance covers commercial property from such hazards as fire, theft, and natural disaster. A variety of businesses, including manufacturers, retailers, service […]

Workers Compensation Commercial Insurance(ACORD 130)

Author - Webner
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5:18 am
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Introduction

Workers Compensation Commercial Insurance refers to an insurance policy that protects employees under state laws. This insurance policy provides medical care, death, disability, and rehabilitation benefits for employees who are injured or killed while on the job. The insurance provider agrees to pay all compensation for damages related to the insured employer’s state’s workers’ compensation laws without any consideration of liability. Workers’ compensation coverage premiums frequently vary as per the employer’s payroll and the type of tasks its employees perform.

Workers Compensation Commercial Insurance Policy Coverages

Workers’ compensation policy coverage provides compensation […]

WinsurTech AL3 Parser | Convert ACORD AL3 to JSON, XML, Excel, CSV, PDF Formats

Author - Webner
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2:36 pm
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Overview

WinsurTech AL3 to JSON REST API is now available – Click here.

WinsurTech AL3 Parser is a command-line translator application that converts the ACORD AL3 format file to JSON, XML, Excel, CSV, and PDF formats. WinsurTech is an ACORD Member. WinsurTech AL3 Parser is a standalone library (supported for both Windows and Ubuntu) that can be invoked from the command line or through a program written in any programming language like PHP, C#, Python, NodeJS, Ruby or any other. AL3 parser is an optimized AL3 […]

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