IBAO: Understanding + Insuring Life Lease Housing Units

(1 Technical Hour – Pending) Given our expanding senior population, life lease housing developments have significantly increased in popularity. Life leases give the lessee the right to occupy a unit but don’t infer ownership. A tenant package may seem the most appropriate insurance solution, but clients living in a life lease development have unique contractual insurance needs that must be taken into account before placing coverage.

OBJECTIVES:

* Learn about the life lease housing concept
* Understand the various methods of insuring clients
* Discover the different types of life lease developments located in numerous communities across Ontario