Call it CPI. Call it Vendor Single Interest. Call it Single Interest. Whatever. Traditional plans are available and so is the 595 Plan. Called that because that's the typical annual cost of this forced placed coverage.
- Reinsured by Bankers Insurance Services of St. Petersburg, Florida
- Designed for loans of $2,000 to $20,000
- Available for loans over $20,000
- Internet based tracking - real time processing prevents documents from crossing in the mail and eliminates receipt of unnecessary notices by borrowers.
- Credit Union can access information via the internet minimizing conflicts and unnecessarily lengthy telephone conversation.
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