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Proctor Financial, Inc.



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Program Details -

Bridge60® – Lender-Placed Flood Insurance


 

What is Bridge60®?

Bridge60 is PFI’s lender-placed flood program for residential, commercial, real estate owned (REO) and mobile home properties located within mandatory flood zones. The product currently mirrors the coverage limits of the National Flood Insurance Program (NFIP) with immediate coverage during the mandatory 45-day notification period.

How Bridge60 benefits a financial institution

  • Lender named as insured to provide instant binding authority
  • Properties insured during 45-day mandatory notification period
  • Mirrors NFIP program and complies with flood regulations
  • Immediate coverage on reported properties with 60-day delayed billing
  • Optional coverages available
  • Flexible web-based reporting options through PFI’s Internet Reporting, InForcer® or used in conjunction with The Proctor Ensemble
  • Customized billing options
  • Outsourcing capabilities through the “Proctor Ensemble



Bridge60 Resources



For more information, visit www.pfic.com/programbusiness, contact PFI at 800.521.6800 or e-mail us.