Replacement Value Protection Program
(GAP Solution)
Protects lenders or owners when a loss resulting from property damage creates a financial loss greater than what is recoverable under the standard property policy.
Lease Enhancement Insurance
Protect lenders when a lease termination is cause by a casualty.
- Protected against the “shortfall” between outstanding loan balances, combined value of the underlying property insurance proceeds, and the land that collateralizes the loan in the event of a loss.
- Enhances the ability to complete financings and reduce borrowing costs.
- Backed by exceptional financial strength carrier A XV.
For a copy of the application:
