The following endorsements provide additional insurance options beyond the coverage of a standard UCCPlus Lender’s Policy.
Availability of these endorsements may vary by state or jurisdiction. In addition, availability may be limited by exclusions or certain conditions required for insurance coverage.
Please contact us to determine if a specific endorsement is available for your transaction.
ENDORSEMENTS ISSUED WITH ORIGINAL UCCPLUS POLICY
Mezzanine Financing Endorsement / Pledged Equity Endorsement
Issued in conjunction with a UCCPlus Lender’s Policy whenever equity interests in a corporation, limited liability company or limited partnership are pledged as collateral for a loan or guaranty. The endorsement eliminates certain exclusions in the policy for an interest of a prior owner of the equity interest being pledged or a lien created by a prior owner of the equity interest being pledged. Availability varies by jurisdiction.
Mezzanine Financing Endorsement (Sample)
Pledged Equity Endorsement - Uncertificated Security (Sample)
Pledged Equity Endorsement - Certificated Security (Sample)
Pledged Equity Endorsement - General Intangibles (Sample)
Issued when separately underwritten personal property is part of the same overall transaction.
Tie-in Endorsement (Sample)
Federal Tax Lien Endorsement
Provides coverage to the insured lender on a lender’s policy or the insured buyer on a UCCPlus Owner’s Policy for federal tax liens on specific entities in specific jurisdictions. The insured specifically directs what jurisdictions are to be searched.
Federal Tax Lien Endorsement (Sample)
ENDORSEMENTS ISSUED AFTER ISSUANCE OF THE ORIGINAL UCCPLUS POLICY
Loan Increase Endorsement
Increases the amount of insurance for a policy previously issued.
Loan Increase Endorsement (Sample)
Immediate Assignment Endorsement
Recognizes assignee of the original Insured lender for a policy previously issued.
Immediate Assignment Endorsement (Sample)