Escrow & Title
A Kentucky title insurance policy that protects the lender's interest in the property is called a:
AOwner's policy
BLender's policy (mortgagee's policy)✓ Correct
CExtended coverage policy
DHomeowner's warranty
Explanation
A lender's title insurance policy (mortgagee's policy) protects the lender's security interest in the property up to the loan amount. An owner's policy protects the buyer. Both are typically purchased at closing, with the lender's policy required by most mortgage lenders.
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