What it does
CR 20 17 is the companion to CR 20 16 for situations where notice of cancellation or termination to another party is required, for example by statute, regulation, license or contract. The scheduled entity receives the notice the endorsement describes.
Who needs it
Businesses that must maintain crime coverage as a condition of a license or government contract.
How it fits the policy
This endorsement changes the base crime or fidelity form it is attached to and is listed with the other endorsements on the declarations. Schedules in the endorsement (names, positions, amounts or dates) control how it applies, so confirm the schedule is complete before binding. ISO's forms index lists the current edition for 52 jurisdictions.
Quoting and selling notes
- Identify the statute or contract requiring notice and the required days.
