CU*Answers credit unions have the ability to partner with a variety of insurance vendors with multiple program variations to manage risk and monitor the insurance status of their collateralized loan portfolio. Once proper agreements are in place, the process is largely automated between CU*Answers and insurance vendors.
When it comes to Creditor Placed Insurance more commonly known as CPI we can help there as well. CU*Answers also has the ability to receive a posting file or, in addition, CU*Answers can post the premium and adjust the payment for the loan.
There are no reviews yet.