This innovative Insurmark product combines traditional mortgage impairment/mortgage’s errors and omissions coverage with forced placed and foreclosed coverage including liability. By making traditionally optional coverages part of the policy form, GP3 helps financial institutions avoid coverage gaps in their portfolios.
One GP3 policy replaces up to six separate policy forms:
Eligible Properties (occupied or vacant)
Policies underwritten and issued by Insurmark, a Managing General Underwriter. All carriers rated A.M. Best "A."This information provides only a general description of the coverage afforded in the policies offered and should not be considered as altering the insuring agreement, terms, conditions, exclusions and endorsements of the policy itself. Please read the provisions contained in the actual policies and discuss them with your insurance professional. Insurance is a division of Financial and Professional Risk Solution, Inc.