On August 12th our CEO tweeted the following:
- To my Canadian contacts considering pandemic pods for home schooling….your homeowners insurance excludes liability coverage for claims arising from transmission of disease. You would be taking on forms of liability that won’t be insured. Call me if you’d like to discuss.
By the 21st she was on National TV arming Canadian families with information they need to know to make their decisions:
As we cautiously re-open in Ontario, insurance against lawsuits alleging negligence causing transmission of covid-19 are on everyone’s mind. Lawyers are chomping at the bit just waiting to bring the next class action lawsuit. Many insurers are adding exclusions to business insurance policies to exclude coverage for liability claims of this nature. Lloyds mandated such an exclusion on every policy of theirs back in March. Now for the kicker….every Homeowners policy in Canada has an exclusion of this nature – for liability claims arising from the transmission of any communicable disease. This arose from the AIDS pandemic years ago. All businesses must use waivers to protect themselves. All individuals need to act with caution and reason.
If your business premises is still vacant, you need to check in with your broker to make certain that vacancy limitations contained in every property policy are changed to reflect your situation.
HEADS UP—-MOST HOMEOWNERS POLICIES IN CANADA EXCLUDE CLAIMS FOR LIABILITY ARISING FROM TRANSMISSION OF COMMUNICABLE DISEASE…….
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