A Closing Protection Letter (also known as Insured Closing Letter, CPL, or ICL) is issued by the title insurance company and sets out their responsibility for negligence, fraud, and other errors that might be committed by a closing agent. In practice, almost every lender requires a CPL specific for each closing.

As long as we have all of the relevant mortgagee information, closing protection letters, along with title binders, are typically issued the same day that the title exam is completed, and is included in our initial titlework. In most cases this is within two to four days of ordering title.