This difference could be invested directly in real estate, potentially yielding higher returns.Long-Term Commitment: Whole life insurance is designed to be a permanent policy, with the expectation that premiums will be paid for the policyholder's entire life.

Maria,Additional Interest is anyone who has vested interest in the property and is not the policyholder.

This leaves the policy holder with that cost.

David BennettOwner - PMI Equitas Dirty little secret to E&O insurance.....only the policy holder can initiate a claim.

For example, when the entire town of Paradise, CA burned down a few years ago, many non-admitted insurers became insolvent leaving their policy holders high and dry.

My understanding is that it extends their coverage to me for liability caused by the "acts or omissions" of the Policyholder since I am acting on their behalf.

Additionally since insurance costs are born by all policy holders is it fare to allow any person to qualify for insurance when the likely hood is that their home will be repeatedly damaged or destroyed in the future.

Before reading your post, I spoke with them as they are used to doing Subject To deals and they said that the policy holder would switch to my entity name with the mortgagor's name as secondary - I am interested to see what their feedback is with your suggestion -- as your approach seems to send less "red flags".

I scope out a property, write an estimate and negotiate with the contractor to make sure that the policyholder gets back into their home and the insurance company does not get screwed over in the process.As real estate investors we are always wondering if I'm paying the right amount for this job.

Also seeking any advice especially regards to the insurance company’s antics of suing a policyholder that has been with them 10 years.