Global Portfolio Protection Program
Global Portfolio Protection Program (GP3) provides a comprehensive solution for financial institutions that own and/or service mortgage loans. Instead of maintaining up to six separate policy forms, GP3 combines traditional Mortgage Impairment and Mortgagee’s E&O coverage with Forced Placed and Foreclosed Property coverages. By standardizing coverages and making them part of one policy form, unforeseen coverage gaps are avoided. Bankers Insurance Service is happy to work with you to provide a risk assessment and to recommend an appropriate level of coverage and deductible options to meet your needs.