Loss Payee vs. Lender’s Loss Payable Endorsement – There’s a Difference!

While the terms "Loss Payee" and "Lender's Loss Payable" sound similar, there is a world of difference between the protections afforded the lender as it relates to a lender's ability to recover on an insurance loss to machinery, equipment or other personal property where the policy carries a "Lender's Loss…read full post >>