Warning! You are currently not signed in. Any products you have purchased will not be displayed until you Sign In

lenders loss payable endorsement

A commercial property policy endorsement that gives a creditor of the insured that has loaned money in connection with the insured's personal property the same rights and duties that a mortgage clause gives a mortgagee. The standard loss payable provisions endorsement (CP 12 18) includes this as one of its three options. See also Loss payee.


Links for IRMI Online Subscribers Only: CPI IV.G; CRT XI.F

Navigation

Social Media