Knowledge: The Key to Collection without Litigation, Premium Financing

Principal Sam Thomas and Dennis Kadian present the webinar, “Knowledge: The Key to Collection without Litigation, Premium Financing.” During challenging economic times, a greater number of insureds use premium financing to secure insurance coverage. The involvement of a third-party lender with a secured interest in the unearned premiums for a policy adds a level of complexity because the lender has the ability to cancel the policy if the insured fails to remit an installment payment for the premium loan. This webinar provides strategies to ensure compliance with laws, avoid pitfalls, and recognize indications of possible fraud in premium financing arrangements.