OVERVIEW OF ADDITIONAL INTERESTS
Additional Interests are people, companies, and other entities
(mortagee, lienholder, loss payee, and additional insured) interested
in a specific insurance policy. Several different types of Additional
Interests may be listed on a single policy.
You can access the Additional Interest screens many different
ways within Insurance Inquiry:
- Clicking Update Additional Interests on the Policy Information
screen.
- Matching information on the Additional Interests screen.
- Verifying an update and reviewing the results.
In the Insurance Inquiry application the Additional Interest can
replace, or take the position of, a lender currently on the policy.
Using the Additional Interests screen, you can replace the lender
from whom you acquired the servicing rights. A portion of the
Additional Interests screen is displayed below.
