Which of the following is typically included in a mortgage loan policy?

A mortgage loan policy typically includes protection against title defects. This type of policy is designed to safeguard the lender's investment by ensuring that the title to the property is clear of any issues that could affect ownership rights. Title defects can include liens, encumbrances, or errors in the public record that could challenge the lender's claim to the property.

By providing this coverage, a mortgage loan policy helps to ensure that the lender can recover their investment should any title issue arise after the loan has been made. This protection is crucial during the lending process because it allows lenders to confidently issue loans, knowing they have coverage against potential title-related problems.

The other options listed do not fall under the typical scope of a mortgage loan policy. Hazard insurance and coverage for structural repairs relate to property insurance and homeowners insurance, while protection against property depreciation is not a concern that title insurance addresses. Title insurance specifically focuses on protecting against issues affecting the legal ownership of the property.