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Eliminate Force-Placed Auto Insurance Tracking with Vendors Single Interest Protection

When a member borrows money for a vehicle, it is the credit union’s right to require them to show proof of comprehensive and collision insurance to protect its interest from damage or loss throughout the life of the loan.  However, there is no guarantee that the member will keep it in force throughout the entire term.  If the member’s insurance lapses, the credit union will traditionally force-place auto insurance on the member’s loan, adding the premium to the loan principal.

This force-placed (or …
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Comprehensive Credit Union Solutions Since 1963

We deliver high quality insurance products and advice to credit unions looking for an insurance partner with a robust set of products and unsurpassed customer service. Our professionals will work to understand your individual needs and craft the best insurance solution for your credit union at competitive prices.                                                                                                                                                                                                                   Insurance Trust was founded in 1963 by Maine Credit Unions to provide insurance solutions for their members. Since its inception, Insurance Trust has grown to provide group and individual insurance and insurance-type products to credit unions, their members and employees, individuals and businesses. Our commitment is to provide the best products and services for all your insurance protection needs. Contact Insurance Trust today for more information at 207-773-0925 or info@insurancetrust.us.
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Featured Program – Alliance Mortgage Settlement Platform

 

The Alliance software platform is designed to deliver an end-to-end solution for mortgage lenders, from loan application process to closing. The platform provides a robust, yet user-friendly vendor management system helping to eliminate duplicate data entry.

The platform’s online “dashboard” puts you squarely in the driver’s seat, bringing together dozens of nationally recognized vendors and service providers into an easy-to-use, single-point-of-access solution. LEARN MORE