Submit Insurance Policies/Changes or Renewals

Insurance Policy Requirements

CDC Small Business Finance must, at all times, have a current copy of the required Insurance Policy for the building and/or business personal property used as collateral to secure the loan. We will periodically contact you or your agent and request proof of insurance. At that time, we also ask that your insurance agent provide the following:

  • Common Policy Declarations
  • Lender’s Loss Payable Provisions Endorsement
  • Full Replacement Cost
  • 10-Day written notice of cancellation
  • Insured name, loan number, collateral location, policy number, coverage amount and expiration date

Please send evidence of insurance to our Insurance Team by either of the following methods: