Coverage to protect your interest in specific loans
Mortgage Impairment Coverage is designed to protect your mortgage loan portfolio against physical loss or damage from uninsured or underinsured perils. When you determine or believe that certain borrowers are uninsured or underinsured, we will track, monitor, and force place coverage as appropriate with your choice of providers.
- Protects your interest in your collateral
- Full-service protection
- Coverage specifically for those borrowers you think are uninsured or underinsured
This product provides a Broad Form coverage in one policy. It will protect the interest of financial institutions that are engaged in granting loans secured by real property.
Policy Benefits
Broad Form Physical Damage Protection
- against losses resulting from the absence of required insurance
- against losses resulting from un-required insurance (including flood and earthquake)
Option to eliminate tracking
- of homeowners insurance
- of property tax payments
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Broad Form Coverage in one policy |