RC_LA_EA_301.4 Processing Insurance Claims
MBA Member Price: $49.00
Nonmember Price: $79.00Purchase
This is a single-family/residential course.
Processing Insurance Claims describes what happens in the event of damage or destruction to an insured property and compares the obligations of the borrower, the servicer, and the insurance company in handling a loss. It presents the different types of claims adjusters and their services and then reviews the rights of mortgagees under the insurance policy. Finally, the course examines the standard process of settling claims, including disbursing claims.
- Obligations of Borrowers, Servicers, and Insurance Companies
- Insurance Adjusters
- Mortgagee Rights
- Settling Claims
- Processing Loss Drafts
Seat time approximately one (1) hour.