MA Deletion of Natural Person Endorsement – Enhanced Policy

ENDORSEMENT

ATTACHED TO POLICY NUMBER ___________-___________-___________

ISSUED BY

STEWART TITLE GUARANTY COMPANY

 

  1. The limitation contained in the first paragraph of the Owner’s Coverage Statement that “each insured named in Schedule A is a Natural Person” is hereby deleted.
  2. Section 2b CONTINUATION OF COVERAGE of the Conditions is hereby amended to add the following

“(6) those who succeed to the interest of the named insured by operation of law as distinguished from purchase including corporate or fiduciary successors.”

By acceptance of the attached Endorsement, You hereby certify that the Insured entity in which title has been purchased has been formed for estate planning purposes.  You hereby acknowledge that this Endorsement has been issued based upon such representation and that any misrepresentation will deem coverage under this Policy null and void.

This endorsement is issued as part of the policy.  Except as it expressly states, it does not (i) modify any of the terms and provisions of the policy, (ii) modify any prior endorsements, (iii) extend the Date of Policy, or (iv) increase the Amount of Insurance.  To the extent a provision of the policy or a previous endorsement is inconsistent with an express provision of this endorsement, this endorsement controls.  Otherwise, this endorsement is subject to all of the terms and provisions of the policy and of any prior endorsements.

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