Insurance

In accordance with loan requirements, the borrower shall place and keep in force until such time that the loan is re-paid in full, lender approved insurance coverage in respect of the mortgaged property. Please see links below for requisite coverage based on the property’s use. Evidence of sufficient insurance coverage should be provided to the lender’s insurance consultant for review as soon as possible.

  1. Single Family Residences
  2. Property Under Construction
  3. Condominiums
  4. All Improved Properties (Except Single Family Residences)