Certificate Physical Damage Coverage (Tracked Program)
If you think your credit union members should carry insurance on secured property, this program lets you add insurance premiums to their loans if they don't obtain physical damage insurance.
Blanket Physical Damage Coverage
Have you had minimal losses due to members' lack of physical damage insurance? Do you prefer not to add force-placed insurance premiums to members' loans? If so, this coverage protects you against uninsured physical damage loss to repossessed property.
Immediate Issue Physical Damage Coverage
This complement to our Blanket Physical Damage Policy helps you track members' personal insurance and determine when to force-place insurance. It provides “immediate” coverage on an “as-needed” basis, with premiums charged to the individual borrower.
Real Estate Collateral Products & Services
With coverages that include wind, hazard, flood and blanket junior mortgage, this program protects you against the problems and risks of uninsured real estate properties and loans.
Optional Supporting Coverages
Additional optional coverages are also available, so you can customize any program specifically for your credit union. Contact us for more information.
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Our new TotalTracMX tracking system helps you automate and streamline the administration of your Collateral Products program like never before.
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Clear, direct member communications
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Improved insurance matching and verification
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Advanced tracking and report
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Customized coverage and loan treatment
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More power. More control.
More flexibility. More efficiency.
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