Insurance need-to-knows for bankers
If your bank's insurance needs include insurance products for employees or bank management, UBA offers a full product suite, including:
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BOLI (Bank Owned Life
Insurance)
UBA has partnered with the leader in executive benefit plans,
Community Bankers Financial Services. They will - at no obligation
- examine your current plan to make sure you are maximizing your
invested dollars.
Plastic Card
Protector
The Bank Card Protector program allows financial institutions to
withstand the potential onslaught of fraudulent bankcard activity
by providing coverage for losses generated from the unauthorized
use of an ATM, debit or credit card number.
CPI (Forced Placed
Insurance)
We can provide a solution to all your hazard insurance needs. Our
services include: outsourced tracking, lender placed mortgage
hazard, blanket mortgage hazard, and blanket mortgage impairment.
This program allows the lender to easily place coverage on
uninsured mortgage properties: residential, commercial and REO. We
will save you anywhere from 10 to 20 percent off your current
premiums.
Cyber
Insurance
This state of the art program insures your institution against any
cyber attacks or malicious activity committed against your computer
systems. This service is underwritten by one of the most highly
rated companies in the world, Chubb, and will provide coverage for
just about any type of network.