Master Policy Terms

why_mi_banner For quick access click here: The differences between National MI’s SafeGuard, SafeGuard Plus, and Standard Coverage:

* Refer to the new Rescission Relief Guide for details (effective for all MI applications received on or after March 1, 2020). National MI’s rescission relief is subject to the 2020 Master Policy terms and conditions. A Flexible Approach to Rescission Relief: National MI pioneered early rescission relief with National MI SafeGuard, because you deserve the peace of mind that comes with reducing rescission risk sooner. National MI now offers more rescission relief options. You can choose the rescission relief option that works best for your company. We offer: SafeGuard Plus, rescission relief provided immediately after successful Independent Validation; or SafeGuard, rescission relief for qualifying non-delegated loans provided after the borrower makes 12 consecutive timely payments without submitting any extra post-close documents.

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Certainty of Coverage
By working with National MI, you will see benefits starting on Day 1. Benefits to You:

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SafeGuard Ironclad Report
Only with National MI do you receive a National MI SafeGuard Ironclad report detailing your loans that have achieved rescission relief. With National MI SafeGuard, eligible loans can attain rescission relief after 12 months, and with SafeGuard Plus your eligible loans could receive rescission relief in less than 12 months. SGreport Sample 12 months rescission relief report. Rescission relief with these advantages: Back to top
Committed to Sensible Servicing We’ve taken a thoughtful and balanced approach to how we service your business and work with you. To us, it’s not just a file, an account, or a policy. We express care and concern in our interactions with you, to resolution. It’s about conversations that count, whether it concerns a policy update, a payment, or documentation. We deliver insurance, not arguments. Visit our Sensible Servicing page to learn more. Back to top Please refer to National MI’s Servicing Guide, Underwriting Guideline Manual, Rescission Relief Guide and Master Policy for a complete description of the policy and requirements.