|
Blanket Collateral Protection Insurance provides
total physical damage protection on your entire portfolio.
The
premium can be collected from the borrower at loan origination.
BCPI
offered in conjunction with Premier Lease & Loan Services'®
Insurance Verification & Tracking which when used together may
reduce overall costs.
Best
designed for lenders who:
- do
not want CPI
- can
charge the borrower for the premium at loan origination
- have
a low repossession rate
- plan
to securitize the portfolio
- have
smaller portfolios subject to fluctuations in uninsured losses
|
