Coverage Chart For Strata Guard Policies
Coverage Description |
Deductible |
Amount of Insurance |
---|---|---|
REIN STRATA GUARD PROTECTION
(Condominium Unit Owners Contingent Insurance Rider—All Risks Form) |
$1,000 | $100,000 |
Extended Rental Income – 18 month indemnity* | $1,000 | Actual Loss Sustained |
Loss Assessment Coverage | ||
|
$1,000 | $100,000 |
|
$1,000 | $100,000 |
|
$1,000 | $25,000 |
|
$1,000 | $100,000 |
Contents—all major appliances | $1,000 | Included |
Landlord Contents in Furnished Suite | $1,000 | Optional |
Betterments and Improvements Coverage | $1,000 | Included |
Earthquake Extension |
Varies by Location
|
Included* |
Sewer Backup & Water Damage | $5,000 | Included* |
Flood Extension | $10,000 | Included* |
Replacement Cost Endorsement | $1,000 | Included |
Vandalism by Tenants | $1,000 | $25,000 |
Disappearing Deductible–losses over $10,000 (except flood, earthquake, sewer back-up, water, tenant’s vandalism or malicious damage, and hail claims)
|
Nil | Included |
Mortgage Rate Protection | $1,000 | Included |
Power Surge Extension | $1,000 | $25,000 |
Master Key Coverage | $1,000 | $25,000 |
Debris Removal | $1,000 | Included |
Removal of Windstorm Debris | $1,000 | Included |
Coverage Away From Premises | $1,000 | $25,000 |
Extra Expense | $1,000 | $25,000 |
Tear Out Protection | $1,000 | $25,000 |
Commercial General Liability |
||
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 |
Note: This is a summary only. Actual coverage will be subject to the terms and conditions of the insurance policy.