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2. Collateral protection insurance - Wikipedia

   en.wikipedia.org/.../Collateral_protection_insurance

   Collateral Protection Insurance, or CPI, insures property held as collateral for loans made by lending institutions. CPI, also known as force-placed insurance and lender placed insurance, [1] may be classified as single-interest insurance if it protects the interest of the lender, a single party, or as dual-interest insurance coverage if it protects the interest of both the lender and the ...

3. Credit life insurance - AOL

   www.aol.com/finance/credit-life-insurance...

   Collateral assignment. A collateral assignment allows you to use a traditional life insurance policy to secure a loan while retaining control over the policy. In this arrangement, the lender is ...

4. What is collateral insurance and how does it work?

   www.aol.com/finance/collateral-insurance-does...

   Collateral protection insurance (CPI) is a lender-chosen safeguard when borrowers lack full coverage car insurance. CPI coverage typically focuses on physical damage, including collision and ...

5. What is a mortgagee clause? - AOL

   www.aol.com/finance/mortgagee-clause-190100413.html

   A mortgage loan has two parts: The promissory note.This is the financing instrument that acts as evidence of the debt. It’s a written promise or agreement to repay the debt in installments with ...

6. Security interest - Wikipedia

   en.wikipedia.org/wiki/Security_interest

   In finance, a security interest is a legal right granted by a debtor to a creditor over the debtor's property (usually referred to as the collateral [1]) which enables the creditor to have recourse to the property if the debtor defaults in making payment or otherwise performing the secured obligations. [2]

7. Secured loan - Wikipedia

   en.wikipedia.org/wiki/Secured_loan

   A mortgage loan is a secured loan in which the collateral is property, such as a home.; A nonrecourse loan is a secured loan where the collateral is the only security or claim the creditor has against the borrower, and the creditor has no further recourse against the borrower for any deficiency remaining after foreclosure against the property.