Collateral assignment enables you to use your life insurance as collateral for a loan. This allows you to be approved for a loan if you don’t want to put your other assets at risk. Here is how ...
To cater to different lending scenarios, CPI comes in two primary forms: dual-interest insurance and single-interest insurance. Each type offers distinct features and advantages. In dual-interest ...
Collateral protection insurance (CPI) is a lender-chosen safeguard when borrowers lack full coverage car insurance. CPI coverage typically focuses on physical damage, including collision and ...
Secured loans are a type of lending that requires collateral. For instance, when you get an auto loan, you use the car you’re purchasing as collateral against the loan. If you default, the lender can ...
The ravages of the recent hurricane season served as a wake-up call to many lenders and their professionals about problems and pitfalls when collateral is not appropriately and necessarily insured as ...
For organizations with loss-sensitive casualty programs, posting collateral has become an increasingly burdensome and expensive requirement due to volatile economic conditions. “Over the past few ...
Ride sourcing organizations such as Lyft and Uber enable individuals to use their personal, non-commercial vehicle as a livery, or taxi-type service through a mobile app managed by the TNC that ...
NEW YORK--(BUSINESS WIRE)--K2 Insurance Services announces today the formation of a new division, K2 Collateral Protection Insurance (K2 CPI), appointing Brian Delaney to lead the initiative. Delaney, ...
For organizations with loss-sensitive casualty programs, posting collateral has become an increasingly burdensome and expensive requirement due to volatile economic conditions. “Over the past few ...