Loss payee clause list

    • [PDF File]Loan Instructions to Members - Navy Federal Credit Union

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      Loan Instructions to Members ... Instruct your insurance company to list Navy Federal Credit Union as loss payee on your collision and comprehensive policy. The acceptable deductible is $500 or less. Document Required by Navy Federal. navyfederal.org. LEGEND: White Boxes Indicate

    • [PDF File]Verification of Insurance Form

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      covering loss or damage to the vehicle for the term of any contract. You may buy this insurance from anyone you choose. You do not have to buy it from someone affiliated with the dealer or an assignee of this contract. Your choice of insurance will not affect the credit approval process unless the insurance

    • [PDF File]Condos and Additional Insureds

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      loss payment be made payable to the association (or association's trustee) and specifically states ... an insurance company on the planet that's going to physically be able to list all those mortgage companies. ... mortgagee clause in the HO‐6, and a bank who loans anyone $150,000 is going to want to see a piece of paper somewhere saying ...

    • [PDF File]CONVENTIONAL LOAN SUBMISSION CHECKLIST

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      Hazard insurance reflecting CMG loan number and mortgagee clause Refinance: If renewal due within 60 days, provide new policy & annual premium with final conditions Condo Master policy and HO6 – if applicable: Other documents related to credit (BK, Divorce Decree, child support, etc.) Credit Explanations, if applicable

    • [PDF File]THE RIGHTS AND DUTIES OF MORTGAGEES AND LIEN HOLDERS IN ...

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      carrying a loss payable clause protecting the mortgagee’s interests. IV. Loss Payable/Mortgage Clauses Generally, a loss payable clause is a provision in an insurance policy authorizing payment in the event of a loss to a person or entity other than the named insured having an insurable interest in the subject property.

    • [PDF File]Basics of Insurance Certificates for Lending Transactions

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      (2) “Mortgagee” and “Lender’s Loss Payee”—Extends rights in property coverage to the certificate holder. The certificate holder will have the contractual right to receive payment of any insurance proceeds. In addition, and most importantly, the certifi-• June 2009 Basics of Insurance Certificates for Lending Transactions

    • [PDF File]U.S. Small Business Administration 504 DEBENTURE CLOSING ...

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      Hazard insurance with standard mortgagee of loss payee clause . FEMA Form 81 -93 and Flood Insurance, if applicable : Life . Workers’ Compensation : Liability . Other insurance required by Authorization 30. Loan Agreement, if utilized ... This document is a list of all documents to be submitted when requested by SBA counsel for a

    • [PDF File]LOSS PAYABLE CLAUSE ENDORSEMENT

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      LOSS PAYABLE CLAUSE ENDORSEMENT This endorsement modifies insurance provided under the following: NON RESIDENT COMMERCIAL AUTO POLICY TRUCKERS COVERAGE FORM Loss Payee: Refer to Declarations Loss or damage under PHYSICAL DAMAGE COVERAGE shall be paid as interest may appear to you and the loss

    • [PDF File]INSURANCE REQUIREMENTS FOR SBA Loans

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      CLAUSE in favor of lender. Clause must provide any action or failure to act by mortgagor or owner of insured property will not invalidate ... Lender must be named as Loss Payee on the export credit insurance policy.) •Advance rates on foreign purchase orders/contracts or foreign receivables when sold on open account (no

    • [PDF File]NAME LH Code ELT MAILING ADDRESS

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      registry of motor vehicles lienholder hit list name lh code elt mailing address daimler title co (mercedes benz & smart leases) c36616 po box 997545 / sacramento / ca 95899 daimler title co (daimler truck leases) c36617 po box 1183 / roanoke / tx 76262 daimler trust c38672 elt po box 1334 / roanoke / tx 76262

    • [PDF File]Additional Insureds & Marine Insurance

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      from Loss Payees • Additional Insureds Individuals or entities that enjoy “insured status,” but are not named insureds and do not have certain responsibilities of named insureds • Loss Payees A person or entity, other than the named insured, designated in a loss payable clause to receive insurance proceeds whose right of

    • HAZARD AND FLOOD INSURANCE REQUIREMENTS

      d. includes a standard mortgagee clause naming Bank of America as an additional insured; and e. provides for notice to Bank of America at least 45 days prior to cancellation or non-renewal of the policy. 4. Minimum Coverage Amount for Single Family Residences. As long as your property is located in a SFHA,

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