Upgrade your FCT E&O Extra® policy to FCT E&O Complete™ for 2023 and get complimentary E&O Complete coverage for the rest of this year.*
According to our research*, real estate is one of the riskiest areas of law. As a practicing real estate legal professional, you navigate risk on a daily basis. During the course of your career, you may be faced with an errors and omissions claim, perhaps even after you retire. That’s why it’s mandatory to have errors and omissions insurance.
You take all the necessary precautions, however if you’re faced with a claim, using your errors and omissions coverage can be expensive, regardless of whether or not you are at fault.
That is, unless you are protected by FCT’s E&O Suite of Products – find out which one is best suited for your needs and register online.
| Prime Protection Package | |||
| Compare E&O Suite of Products | E&O Extra™† | E&O Complete† | Deal Protection Endorsement† |
| FCT title insured purchase and refinance transactions | |||
| Commercial transactions | |||
| Reimbursement of mandated policy deductible/surcharges | |||
| Up front settlement | |||
| Reimbursement coverage limits | $30K per transaction $90K lifetime | $30K per transaction $90K lifetime | |
| Upfront coverage limits | $10K per year / 3 claims $90K lifetime | Title insurance policy limit | |
| Non-title insured vendor and borrower only | |||
| Insured | Lawyer/Notary | Lawyer/Notary | Homeowner/Lender*** |
| Premium (provincial taxes apply) | $0 per year ($400 with 100% discount) | $700 per year | Variable, see below |
| E&O Extra™† | E&O Complete† | Deal Protection Endorsement† | |
| Compare E&O Suite of Products | E&O Extra™† |
| FCT title insured purchase and refinance transactions | |
| Commercial transactions | |
| Reimbursement of mandated policy deductible/surcharges | |
| Up front settlement | |
| Reimbursement coverage limits | $30K per transaction $90K lifetime |
| Upfront coverage limits | |
| Non-title insured vendor and borrower only | |
| Insured | Lawyer/Notary |
| Premium (provincial taxes apply) | $0 per year ($400 with 100% discount) |
| E&O Extra™† | |
| Compare E&O Suite of Products | E&O Complete† |
| FCT title insured purchaseand refinance transactions | |
| Commercial transactions | |
| Reimbursement of mandated policy deductible/surcharges | |
| Up front settlement | |
| Reimbursement coverage limits | $30K per transaction $90K lifetime |
| Upfront coverage limits | $10K per year / 3 claims $90K lifetime |
| Non-title insured vendor and borrower only | |
| Insured | Lawyer/Notary |
| Premium (provincial taxes apply) | $700 per year |
| E&O Complete† | |
| Compare E&O Suite of Products | Deal Protection Endorsement† |
| FCT title insured purchaseand refinance transactions | |
| Commercial transactions | |
| Reimbursement of mandated policy deductible/surcharges | |
| Up front settlement | |
| Reimbursement coverage limits | |
| Upfront coverage limits | Title insurance policy limit |
| Non-title insured vendor and borrower only | |
| Insured | Homeowner/Lender*** |
| Premium (provincial taxes apply) | Variable, see below |
| Deal Protection Endorsement† | |
Deal Protection Endorsement Premium**
- $25 for a purchase transaction with two policies
- $20 for a purchase transaction with one policy
- $10 for a refinance transaction with one policy
- $5 for any additional policies
For more information on our E&O suite of products please contact us
today by phone at 1.866.804.3122 and by email moreprotection@FCT.ca.
*Get the remainder of 2022 complimentary to you when you purchase your 2023 E&O Complete policy.
*Source: https://www.cba.org/Publications-Resources/CBA-Practice-Link/Young-Lawyers/2016/insurance
** Deal Protection Endorsement is not available for existing homeowner policies.
*** In British Columbia, lawyers and notaries are the insured. Click here to review the BC endorsement.
†Refer to the applicable policy or endorsement for definition.
We are required, under the Registered Insurance Brokers Act, to make certain disclosures to you. If you wish to review those disclosures, you may do so at https://fct.ca/legal/
Insurance by FCT Insurance Company Ltd. Services by First Canadian Title Company Limited. The services company does not provide insurance products. This material is intended to provide general information only. For specific coverage and exclusions, refer to the applicable policy. Copies are available upon request. Insurance brokerage services by FCT Insurance Services Inc. Some products/services may vary by province. Prices and products/services offered are subject to change without notice.
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