Common use of Insurance of the Property/Borrowers Clause in Contracts

Insurance of the Property/Borrowers. The Property that is being financed will remain insured for the entire Tenor of the Loan at the Borrower’s expense, and shall be assigned in the favour of the Company, as detailed below: Customer Service

Insurance of the Property/Borrowers. The Property that is being financed will remain insured for the entire Tenor of the Loan at the Borrower’s expense, and shall be assigned in the favour of the Company, as detailed below: Customer Service: