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FSG UPDATE NEWSLETTER
The FSG Newsletter is in PDF format. If you do not have a PDF viewer, please click here to download a free copy of Adobe Acrobat Reader.
March 2004 - 408Kb PDF
December 2003 - 500Kb PDF
September 2003 - 575Kb PDF
June 2003 - 248Kb PDF
NEWS AND ARTICLES
Debt Cancellation is the hot new product
Debt Cancellation, or debt deferment, is a protection program that is outside the definition of "insurance" because it is a contract between the consumer and the financial institution. This program could protect the borrower from loss due to death, disability, involuntary unemployment, change in marital status, and unpaid family leave. The risk initially resides with the financial institution but can be limited through the purchase of a Contractual Liability Policy, which transfers liability to the insurer.
We can help lenders develop a program that meets their particular needs.
FSG now offers Disaster Mortgage Protection (DMP)
DMP is the perfect supplement to a homeowner's policy, covering your home for almost any type of disaster, such as fire, flood, tornado, mine subsidence, hurricane, earthquake and hailstorms. Should your home become damaged or unlivable, DMP goes beyond homeowners insurance and can
- Pay your monthly mortgage payments, including taxes and escrows for up to 2 years
- Pay your outstanding mortgage balance, up to $100,000
- Pay your homeowner's insurance deductible, up to $500
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