This form should not be used if a comparable ALTA version is available. If a comparable ALTA version is available, the most current version of the ALTA form available in each state should be used, unless approved by a Stewart underwriter.
COINSURANCE ENDORSEMENT
(Other Insurers)
"This Policy is issued contemporaneously with Policy No. _____________ of (Name of Title Insurance Company(ies) for $ __________________ . The liability of the Company hereunder is hereby limited to (proportion) of any loss, but said liability shall not exceed the face amount of this Policy."
NOTE: This language should be placed on Schedule B of the policy or set out in a separate endorsement form.
This endorsement is issued as part of the policy. Except as this endorsement expressly states, it does not (i) modify any of the terms and provisions of the policy, (ii) modify any prior endorsement, (iii) extend the Date of Policy, (iv) insure against loss or damage exceeding the Amount of Insurance, or (v) increase the Amount of Insurance. To the extent a provision of the policy or any prior 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 any prior endorsement.
[Witness clause]
[Date]
STEWART TITLE GUARANTY COMPANY
By: ______________________________
[Authorized Signatory]
Copyright 1970-2024 Stewart Title Guaranty Company. All rights reserved. The use of this form (or any derivative thereof) is restricted to Stewart Title Guaranty Company, its issuing agents, and affiliates in good standing as of the date of use. All other uses are prohibited.
For issuing guidelines on this form, see Guidelines.