Get more protection by adding our Deal Protection Endorsement to every qualifying title insurance policy you order. Claims covered under Deal Protection Endorsement never count towards your E&O claims limits. Also, the claim limit under Deal Protection Endorsement is equal to the value of the insured property, so it can easily cover claims of $10,000 or more.
The Deal Protection Endorsement provides coverage for purchasers and mortgagees on residential transactions and on commercial transactions valued up to $5M*. Adding this endorsement will protect the insured** against losses due to:
| Transaction type | Premium |
| Purchase with two policies | $25.00 |
| Purchase with one policy | $20.00 |
| Refinance with one policy | $10.00 |
| Any additional policy | $5.00 |
| Transaction amount | Premium – first policy | Premium – each additional policy |
| Up to $250,000 | $50.00 | $10.00 |
| Over $250,000 to $500,000 | $75.00 | $15.00 |
| Over $500,000 to $2,000,000 | $100.00 | $20.00 |
| Over $2,000,000 to $5,000,000 | $125.00 | $20.00 |
For more information, call your Business Development Manager, call 1.866.804.3122 or email moreprotection@FCT.ca
E&O Complete™ plus the Deal Protection Endorsement on every qualifying title insurance policy you order gives you FCT’s best legal services coverage.
* This endorsement is limited by the exceptions and exclusions in the policy.
** In British Columbia, lawyers and notaries are the insured.
Insurance by FCT Insurance Company Ltd, with the exception of commercial policies. Subject to certain exceptions, commercial title insurance policies equal or below $10M CAD are provided by FCT Insurance Company Ltd. Commercial title insurance policies above $10M CAD are provided by First American Title Insurance Company. 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. Some products/services may vary by province. Prices and products/services offered are subject to change without notice.
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/
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