Blanket Portfolio Insurance | Unitas Financial Services

Blanket Portfolio Protection

Vendor's Single Interest

Also known as Blanket VSI, this policy eliminates the need to track insurance policies, send warning letters, and force-place CPI after loan closing.

Collateral Protection Insurance Alternative
Eliminates Insurance Tracking Post-Close
Provides Physical Damage Coverage
Additional Coverages Available
Simple Reporting & Remittance

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Blanket Portfolio Protection

Blanket Mortgage

This Blanket policy eliminates the need to track hazard insurance, send warning letters and force-place hazard coverage after verifying insurance at loan closing.

Lender-Placed Program Alternative
Eliminates Hazard Insurance Policy Tracking
Provides All-Risk Property Coverage
Coverage Through Foreclosure Process
REO & Flood Coverage Available

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Blanket Portfolio Protection

Blanket Equipment

This Blanket policy eliminates the need to track insurance and force place coverage after loan closing on equipment taken as collateral on commercial loans.

Eliminates Equipment Insurance Tracking
Reduces Friction with Commercial Borrowers
Simplified Month-End Reporting
Coverage For Business Inventory
Lowers Risk of Uknown Uninsured Losses

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CHALLENGE

A community lender found themselves overwhelmed by the borrower friction and workload associated with managing a Collateral Protection Insurance (CPI) program.

SOLUTION

Unitas helped the lender implement a Blanket VSI policy to reduce borrower friction, streamline loan servicing efforts, and minimize the risk of uninsured collateral.

IMPACT

The Blanket VSI policy helped the lender eliminate the need to track insurance after loan closing, reducing administrative expenses, borrower friction, and charge-offs.

CHALLENGE

The lender was burdened with the tedious tasks of contacting commercial customers for proof of coverage, updating ticklers, and ensuring that a copy of the insurance was included in each loan file.

SOLUTION

Unitas implemented a Blanket Equipment policy to reduce borrower friction and administrative expenses associated with tracking insurance policies and contacting borrowers.

IMPACT

The Blanket policy reduced the administrative time and costs associated with tracking insurance, minimized errors from false placements, and ensured that collateral and their interests were covered.

CHALLENGE

Unitas assisted a lender overwhelmed with tracking hazard insurance, sending notification letters, and force-placing coverage on their mortgage portfolio.

SOLUTION

As an alternative to a traditional lender-placed insurance program, a Blanket Mortgage policy provided automatic coverage for the lender’s portfolio.

IMPACT

The Blanket Mortgage policy eliminated the need to track and force-place hazard insurance, send warning letters, and contact borrowers about their insurance.

Blanket Mortgage eBook

Get Our Free Blanket Mortgage Hazard eBook.

Lenders across the country have moved to a Blanket policy for its increased servicing efficiencies.

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Blanket Portfolio Protection

Eliminate Insurance Tracking with our Blanket 360 suite

Blanket Portfolio Protection

Vendor's Single Interest

Blanket Portfolio Protection

Blanket Mortgage

Blanket Portfolio Protection

Blanket Equipment

CHALLENGE

SOLUTION

IMPACT

CHALLENGE

SOLUTION

IMPACT

CHALLENGE

SOLUTION

IMPACT

Read our Guide to Blanket 360 and the Benefits of Portfolio Protection Programs

Blanket Policy eBooks provide insights into the programs and their benefits.

Get Our Free Blanket Mortgage Hazard eBook.

Blanket Equipment eBook.

Blanket VSI eBook.

Programs Designed to Simplify Risk Management

Real Estate Lending Solutions

Consumer Lending Solutions

Real Estate Investor Insurance

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