Insurance Institute of Ontario- Insuring Life Leases

Life lease housing is a relatively new yet rapidly growing form of tenure in Canada. Do you know how to insure a new life lease purchase? It is widely misunderstood by both the purchaser and the insurance industry.

This seminar will give you a basic understanding of life lease terminology, process of development, ownership issues, as well as how the industry is responding with respect to coverage.

Brokers: Learn what questions to ask to understand your customer’s exposure, how to explain the applicable coverage and ultimately ensure the client is appropriately covered.
Underwriters: Learn the questions to ask to effectively assess your exposure, underwrite the risk, explain coverages to the broker, and clarify any misconceptions.
Adjusters: Learn to identify what is covered under life leases and what is excluded to effectively settle claims.

Join us to gain more insight on this in demand product.

Seminar Leader: Melanie Needham, FCIP, CRM
President, MRD Consulting

CE Hours : 3 Technical hours