![]() There are a number of stages involved in the securing of insurance terms and the placement of an insurance policy. Funds looking to wind up with no residual liabilities.Banks, trusts or other institutions selling assets they have had limited or no control of (e.g.Individuals or management teams who want certainty over sale proceeds. ![]() Exiting financial investors who want to distribute proceeds.This solution is particularly relevant for the following parties: The seller will often pay for at least a portion of the premium in recognition of the reduction of their exposure.Cover is typically for 2 years for general warranties and 7 years for title and tax. ![]() In addition, insurers will waive subrogation rights against the warrantors save for fraud.
0 Comments
Leave a Reply. |