Insurance Policy Audit Checklist Form
Complete this checklist to audit and review key aspects of an insurance policy. Please fill out all sections for a thorough audit record.
Policy Identification Details
*
Audit Scope
*
Coverage Review
Premium & Payment Status
Endorsements/Changes
Exclusions/Limitations
Compliance Review
Other
Policy Status
*
Active
Lapsed
Pending Renewal
Cancelled
Other
Coverage Review Points
*
Sufficient Coverage
Coverage Gaps Identified
Coverage Exceeds Needs
Other
Premium and Payment Status
*
Paid in Full
Installments Ongoing
Overdue
Other
Endorsements or Changes (List or describe any endorsements or policy changes)
Exclusions and Limitations Review
Standard Exclusions
Special Exclusions
Limitations Noted
No Significant Exclusions
Other
Compliance Gaps Identified
None
Documentation Missing
Policy Terms Not Met
Regulatory Issue
Other
Auditor Findings & Notes
Final Audit Outcome
*
Pass – No Action Needed
Pass with Recommendations
Fail – Action Required
Submit Audit
Should be Empty: