Hospitals, Health Centers & Nursing Homes

Hospitals, Health Centers & Nursing Homes: Underwriting Guidelines

Should you determine that a public/quasi-public, nonprofit medical/health facility being insured is associated with a federal act or statute providing for the recovery of federal funds, the following exception must be taken in the commitment and final policy:

 

“Any right of the U.S. to recover funds from the owners or subsequent transferee of said property, or any portion thereof, by reason of the advance of federal funds, including, but not limited to those authorized under _____.”

 

This exception may not be deleted without prior written authorization from Agents National Title underwriting counsel.