Insurance Claims A Licensee shall maintain the following information and documents

Insurance Claims A Licensee shall maintain the following information and documents for all insurance claims: 1. A Fire Marshal's report or dated published public notification of the fire or loss and a list of collateral covered by insurance with an individual valuation of each item pledged at the time of the loan closing for all claims on property insurance 2. A copy of the death certificate or a dated published public notification of the death for all claims on credit life insurance 3. An original paid check issued by the Licensee to the borrower or beneficiary and/or a copy of the check issued by the insurance company to the borrower or beneficiary indicating proper endorsements or a signed receipt from the borrower or beneficiary for benefits paid by the Licensee and/or insurance company indicating the total amount of the payment or refund 4. A copy of all insurance policies written in connection with a loan and a notification or certificate of cancellation of the policy 5. Proof of refunds of any unearned premiums as of the date of the loss; In the event the insurance does not pay the loan in full, all other insurance policies may remain in effect until the loan is paid. 6. A copy of the borrower’s payment history