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Syndicate of Co-Owners
Are you a member of a co-owners’ syndicate? If so, your syndicate is obligated to possess the following insurance coverage:
Property Insurance
An insurance policy covering the replacement cost of the building, as well as all property belonging to the syndicate (outdoor furniture, pool, detached garage, outdoor shed, etc.).
Liability Insurance
A commercial general liability policy to cover the syndicate for property damage or personal injury suffered by a third party.
Directors and Officers Liability Insurance
An insurance policy to protect the syndicate in the event of financial damages sustained by a third party following a decision or action taken by a syndicate director or officer.
Connect with your dedicated broker today! He will gladly do a complete and detailed analysis of your needs and recommend the most appropriate insurance product.
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