Lenders

Construction-to-Perm (C2P) Insurance allows lenders to offer their clients an option of purchasing competitive builder's risk insurance coverage in conjunction with their construction loans. This value-added service takes a potential source of risk (that the client may not maintain insurance coverage) and makes it a potential source of additional non-interest income for the lender via commissions paid to the lender's properly licensed insurance subsidiary. C2P Insurance is flexible because homeowner policies can be offered by either the bank's licensed insurance subsidiary or through our C2P Insurance Customer Care Center. Either way, the lender's licensed insurance subsidary can earn new and renewal commission income when the builder's risk protection transitions to a more permanent homeowner policy.

C2P Insurance allows construction lenders to leverage the "instant of interest" they create in the purchase of new insurance protection every time they make a construction loan. With C2P Insurance, lenders can reduce transactional risk and increase non-interest income via commissions paid to the lender's properly licensed insurance subsidiary. Call us at (877) 353-6664 for more details or click here.

C2P Insurance allows lenders to:

• Confirm their loan collateral is insured and that the premiums have been paid
  
• Offer competitive rates on the required property insurance for their clients as a value-added service
• Transform a potential source of risk (improperly insured collateral) into a potential source of non-interest income (insurance commissions paid to a properly licensed insurance agency)
  
• Provide additional personal lines of insurance to more of the bank's core depositors through either a licensed subsidiary insurance agency or C2P's Customer Care Center