Part 1 of a 3-Part Blog Series on Collateral Protection Insurance
13 April, 2021 – At State National, we have specialized in loan tracking and portfolio protection insurance for nearly 50 years. To us, the ins and outs of collateral protection are second nature — but we realize that it’s a complex product with many layers and variations, and that many people may be somewhat unsure of exactly what it is and how it works.
So, we’ve created a 3-part blog series to explain some of the nuances. In Part 1, we share a simple definition of what collateral protection insurance (CPI) is, what it does, and how it can benefit lenders.
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