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#2159036 - 01/03/18 05:37 PM If we don't offer credit insurance...
CindyS Offline
100 Club
Joined: Sep 2005
Posts: 132
Illinois
We don't offer any type of Credit Insurance. I wish our forms provider offered a Note that didn't include the Insurance disclosures, but they don't.

Therefore, on the Note, when you don't offer any insurance, is it best practice to leave the Insurance section completely blank and not have the customer sign or is it best to mark the "None" boxes and have the customer sign?

Thank you in advance for any input you can give!!

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#2159041 - 01/03/18 05:48 PM Re: If we don't offer credit insurance... CindyS
#Just Jay Offline
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#Just Jay
Joined: Oct 2006
Posts: 14,390
Cheeseheadland
I would never advise leaving anything blank on a note, and would recommend completing any non-applicable blanks or sections with 'NA'.

Check your state laws, some may actually address this issue.
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#2159042 - 01/03/18 05:53 PM Re: If we don't offer credit insurance... CindyS
#Just Jay Offline
10K Club
#Just Jay
Joined: Oct 2006
Posts: 14,390
Cheeseheadland
Just reviewing an old exam, Wisconsin has such a prohibition on blank writings for certain fields.
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