Real Property: Condominium Insurance and Issues With Real Property in Saskatchewan
Original Bradcast Date: Thursday, March 21, 2024
Speakers: Brayden York & Gavin Little, BFL Canada Risk and Insurance Services Inc.
Section Chair: Taylor Wilcox, McKercher LLP
Cost: Free for CBA Members
Items that will be discussed:
- Insurance Coverage Gaps: Identifying potential coverage gaps in condominium insurance, such as underinsurance, lack of coverage for certain perils, and gaps between individual unit owner policies and the master policy.
- Legal Issues in Condominium Insurance: Discussing legal issues that arise in condominium insurance, such as Bylaws, interpretation of policy language, subrogation rights, and allocation of deductibles.
- Common Insurance Claims: Exploring common insurance claims in condominiums, such as water damage, liability claims, and disputes over coverage between unit owners and the association.
- Master Insurance Policies: Understanding the complexities of master insurance policies for condominium associations, including coverage types, limits, and how they interact with individual unit owner policies
- Risk Management Strategies: Advising on risk management strategies for condominium associations, including the importance of regular insurance reviews, adequate coverage limits, and proactive claims management.
This program qualifies for 1.0 CPD hours under the Law Society of Saskatchewan Continuing Professional Development Policy
