1
WHAT IS TITLE INSURANCE? IT PROTECTS YOU FROM PAST RISKS YOU ONLY PAY ONCE FOR A POLICY 2 TYPES OF POLICIES THE LIFE TIME OF A TITLE POLICY An owner’s policy protects you against title defects that could affect your ownership rights. OWNER’S POLICY A loan policy protects against title defects that could affect the lien of the lender’s mortgage. LOAN POLICY Unlike other insurance policies, you pay for an owner’s policy once without monthly or yearly premiums. A policy protects you against previous owner’s debt and other claims of ownership prior to buying the home. A loan policy is effective for the life of the loan. An owner’s policy lasts as long as the insured or their heirs have an interest in the property. 1 x POLICY + POLICY + www.CarlisleTitle.com

what is title insurance...WHAT IS TITLE INSURANCE? IT PROTECTS YOU FROM PAST RISKS YOU ONLY PAY ONCE FOR A POLICY 2 TYPES OF POLICIES THE LIFE TIME OF A TITLE …

  • Upload
    others

  • View
    0

  • Download
    0

Embed Size (px)

Citation preview

Page 1: what is title insurance...WHAT IS TITLE INSURANCE? IT PROTECTS YOU FROM PAST RISKS YOU ONLY PAY ONCE FOR A POLICY 2 TYPES OF POLICIES THE LIFE TIME OF A TITLE …

WHAT IS TITLE INSURANCE?

IT PROTECTS YOU FROM PAST RISKS

YOU ONLY PAY ONCEFOR A POLICY

2 TYPES OF POLICIES

THE LIFE TIME OF A TITLE POLICY

An owner’s policy protects you against titledefects that could affect your ownership rights.

OWNER’S POLICY

A loan policy protects against title defects that could affect the lien of the lender’s mortgage.

LOAN POLICY

Unlike other insurance policies,you pay for an owner’s policy oncewithout monthly or yearly premiums.

A policy protects you against previous owner’s debt and other claims of

ownership prior to buying the home.

A loan policy is effective for thelife of the loan.

An owner’s policy lasts as long asthe insured or their heirs have

an interest in the property.

1 x

POLICY

+POLICY

+

www.CarlisleTitle.com