Coverage Chart For Investor Guard Policies
REIN Investor Guard Summary of Coverage |
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Coverage Description |
Deductible |
Amount of Insurance |
Building – Guaranteed Replacement Cost |
$1000 |
Varies by Location |
Earthquake |
Varies by Location |
Included |
Extended Rental Income – 12 month indemnity (optional 24 month indemnity period available for an additional premium) |
$1,000 |
Actual Loss Sustained |
Flood Extension – Alberta only |
$10,000 |
Included |
Flood Extension – BC only |
$25,000 |
Included |
Sewer Backup & Water Damage - Alberta only |
$2,500 | Included |
Sewer Backup & Water Damage - BC only |
$1,000 |
Included |
Permission for Vacancy – up to 60 days |
$1,000 |
Included |
Mortgage Rate Protection |
$1,000 |
Included |
Power Surge Extension |
$1,000 |
$25,000 |
Master Key Coverage |
$1,000 |
$25,000 |
Ice Damming Extension |
$1,000 |
Included |
Disappearing Deductible – losses over $10,000 |
Nil |
Included |
Vandalism by Tenants |
$2,500 |
$25,000 |
Drug Cultivation, Manufacture and Distribution Exclusion |
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Clarification of Statutory Conditions |
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Fungi, Fungal Derivatives Exclusion |
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Data Exclusion |
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Terrorism Exclusion |
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Replacement Cost Endorsement - Contents |
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Included |
Accounts Receivable |
$1,000 |
$25,000 |
Automatic Fire Suppression System Recharge Expense |
$1,000 |
$25,000 |
Building By-Laws |
$1,000 |
Included |
Building Damage by Theft |
$1,000 |
$10,000 |
Debris Removal |
$1,000 |
$25,000 |
Exterior Building Glass |
$1,000 |
Included |
Extra Expense |
$1,000 |
$50,000 |
Fire Fighting Expenses |
$1,000 |
$25,000 |
Growing Plants, Trees, Shrubs or Flowers in the open |
$1,000 |
$10,000 |
Inflation Protection |
$1,000 |
Included |
Land and Water Pollution Clean Up Expenses |
$1,000 |
$10,000 |
Newly Acquired Locations – Buildings – 90 Days |
$1,000 |
$1,000,000 |
Off Premises Service Interruption |
$1,000 |
$25,000 |
Personal Property of Officers and Employees |
$1,000 |
$2,500 any one/$25,000 |
Professional Fees |
$1,000 |
$25,000 |
Signs |
$1,000 |
$5,000 |
Transit |
$1,000 |
$10,000 |
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Crime Coverages |
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Coverage A – Employee Dishonesty |
$1,000 |
$5,000 |
Coverage B – Loss Inside the Premises |
$1,000 |
$5,000 |
Coverage C – Loss Outside the Premises |
$1,000 |
$5,000 |
Coverage D – Money Orders & Counterfeit Paper Currency |
$1,000 |
$5,000 |
Coverage E – Depositors Forgery |
$1,000 |
$5,000 |
Commercial General Liability |
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Coverage A – Bodily Injury and Property Damage – Each Occurrence |
$1,000 |
$2,000,000 |
Coverage B – Personal and Advertising Injury Liability |
Nil |
$2,000,000 |
Coverage C – Medical Payments – any one person |
$1,000 |
$10,000 |
General Aggregate Limit |
Nil |
$5,000,000 |
Non-Owned Automobile |
Nil |
$2,000,000 |
Excluding Long Term Leased Vehicle Endorsement |
Nil |
Included |
Note: This is a summary only. Actual coverage will be subject to the terms and conditions of the insurance policy.
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