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The EAGLE Policy provides more coverage automatically than any previous policy. It affords you the superb protection of a 1992 ALTA Loan Policy -- plus 18 important new coverages and other valuable protections. Some of these coverages are completely new , and never before offered by any title insurer. |
Some of these even provide post-policy protection . Some have been offered previously only by endorsement, which had to be specifically requested. And all of these coverages are in addition to the legal defense benefit always provided by title insurance, which affords protection to the lender without reducing the policy amount.
None of these new coverages have ever been automatically included in an ALTA Loan Policy, or any loan policy...until now!
All this protection is available in this single package -- the EAGLE Protection Loan Policy. You no longer need to request endorsements or check the boxes listed on an ALTA Short Form. Now, the most far-reaching, endorsement-inclusive policy in the industry provides the protection you've asked for...and much more.
And There's More...
Now, the policy amount is increased automatically for you. First American recognizes that when a lender's coverage is limited to the original loan amount, that amount is often inadequate to fully compensate for an actual loss. That is why our new EAGLE Protection Loan Policy automatically provides a policy limit of 125 percent of the stated insurance amount. That's right -- a full 125 percent of the insurance amount is in place from the start.
Why We Did It
The EAGLE Protection Loan Policy was created to benefit you, the lender, by including the coverages and other policy features you have often asked for by endorsement, as well as many new coverages that no title insurer has ever provided. Some even deal with post-policy title matters that have not been a part of title insurance at all. For you, the lender, this means added protection and increased peace of mind.
All this protection is available in this single package -- the EAGLE Protection Loan Policy. You no longer need to request endorsements or check the boxes listed on an ALTA Short Form. Now, the most far-reaching, endorsement-inclusive policy in the industry provides the protection you've asked for...and much more.
