Blanket Vendors Single Interest Insurance

Single-interest coverage built to protect your collateral and make life easier for your team.

Borrower insurance can lapse, but your protection shouldn’t. Blanket Vendors Single Interest (VSI) coverage fills those gaps with simple, portfolio-wide protection. At IL Group, we review the market, walk you through clear options, and help you build a VSI program that keeps your collateral safeguarded with minimal effort.

Blanket VSI is designed to protect your institution when borrower insurance slips through the cracks. Instead of tracking every loan or verifying every policy, a single vendor’s single-interest policy covers your entire portfolio. We review top carriers, outline clear coverage options, and tailor a VSI program that fits the way you manage risk, without adding extra work to your team’s day.

Our approach keeps things simple. We help you avoid uninsured losses from damage, reduce time spent on manual tracking, and give your staff confidence that your collateral is protected behind the scenes. Optional coverages can also be added to support the specific needs of your portfolio.

Key Advantages:

• Protection for uninsured collateral losses due to damage
• No need to track individual borrower insurance
• Increased staff productivity and operational efficiency
• Consistent, predictable coverage across your entire portfolio
• Customizable enhancements based on your institution’s needs

What We Cover:

• Consumer loans
• Auto and vehicle loans