View Memorandum of Insurance

A Memorandum of Insurance provides on-line information about a Company's insurance coverages. Its real value is to provide real-time coverage detail to parties of interest, downloadable from the web site, without the hassle of waiting days for a paper Certificate of Insurance.

Q. How is a Memorandum of Insurance different from a Certificate of Insurance?

Like a Certificate, the Memorandum of Insurance shows all the current policy limits, deductibles, Insurers, policy #'s and important terms and conditions. Also like a Certificate, it neither amends nor alters the actual insurance policies in effect . The Memorandum differs in that it does not contain any cancellation language, it is not issued to a specific party and it is not signed by the insurance agent or broker.

Q. How does the Named Insured provision work?

Abercrombie and Fitch Co., the parent company, is the first Named Insured. All wholly-owned subsidiaries are automatically covered by the policies.

Q. How do I know my Company has Additional Insured, Mortgagee or Loss Payee status if it doesn't appear on the Memorandum?

As with the Named Insured, insurers understand that the store locations are frequently being added or deleted by A&F. To the extent that Abercrombie & Fitch is obligated under the terms of a lease or other written contract to provide your Company with additional insured, mortgagee or loss payee status, the policies automatically included that benefit.

Q. I don't see any cancellation provisions on the Memorandum. How am I protected in the event of cancellation?

One of the benefits of an on-line Memorandum of Insurance is that the viewer sees the coverages as they exist today. Because viewers are not tracked or identified by name, we are not able to issue specific notices of cancellation.

Q. Can the Memorandum of Insurance be printed?

Yes, you may print a copy for your files. When you view the Memorandum of Insurance, click on the printer-friendly option. Select File, Print.

Q. What happens to the policy information at renewal?

Hylant Group updates the Memorandum at each policy anniversary (and during the year, if need be).

Q. What are the key benefits of using an electronic Memorandum of Insurance?

Using web-based technology offers third parties 24/7 access to A&F's insurance information. In doing so, we eliminate paperwork, phone calls and faxes involved in transmitting paper Certificates of Insurance. In no way is the interest or protection afforded contractually by A&F compromised.