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Residential Homeowners living out of the country insurance
Residential Homeowners living out of the country insurance Homeowners living out of the country insurance
Whether to invest, accommodate their child who is studying in Canada or enjoy an occasional residence, many insureds are buying property in Canada, even if their primary residence is in another country.
**Available for Quebec and Ontario
Target
Our coverage designed for homeowners living abroad is available to insureds living temporarily or permanently in another Canadian province or country and applies to condos or vacant units, rented on a short or long term basis, as well as to secondary homes and seasonal residences.
Coverage
- Occupied by a family member
- No mandatory occupancy
- Depending on the current occupancy (vacant, rented or secondary home…):
- Vandalism & theft may be available
- Rental value
Underwriting norms
- Short and long term rented dwellings, as well as vacant ones