NM Named Insured Endorsement Guideline 55

Organizational Guidelines

NM Named Insured Endorsement Guideline 55

Guideline Document
V 1

Explanation:

The Named Insured Endorsement (NM 55) shall be attached to all Owner's Policies (standard and leasehold) issued after August 15, 2001 and provided to any insureds requesting the endorsement on any previously issued owner's policies.

 

 

 

 

Underwriting Requirements:

We require the following:

1. The Named Insured Endorsement is to be attached at issuance of all owner's policies and leasehold owner's policies and upon request by any insureds to any prior issued owner's policies.

2. The endorsement premium is: Policy issued after August 15, 2001 - no charge; policy issued before August 15, 2001 - $25.00.

Any revision to this form requires approval of a Stewart Title Guaranty Company underwriter. The underwriting guidelines contained herein have been provided for general reference. The facts, circumstances, and location of the subject property should be considered when determining the issuance of the requested form or endorsement. Please note that all of the forms and endorsements included in this system may not be available in all states. Accordingly, please contact the appropriate Stewart Title Guaranty Company underwriting personnel in order to determine availability.

Compliance with the underwriting guidelines contained herein in no way obligates Stewart Title Guaranty Company to issue any form or endorsement.

This guideline applies to the following form(s):