Fundamentals Series: 108 Condominium Conundrums

Conestoga Chapter Office

515 Riverbend Drive, Unit 101, Kitchener, ON, N2K 3S3 [Map]
Date and Time: May 29, 2019 9:00 a.m. - 12:15 p.m.
Speaker(s):
Melanie Needham, President of MRD Consulting
MRD Training & Consulting Inc.

Condo insurance is an often misunderstood product. Misconceptions are common and many stem from confusion about coverage provided by the Condo Corporation’s insurance vs. the unit owner’s condo insurance. Whether you’re a Broker, Underwriter or Adjuster, learn about this in demand product.

Condo sales aren’t showing signs of slowing down soon and a condo is often the first time homebuyer’s step into the real estate market. Helping customers identify their needs and ensure proper coverage will go a long way in building a new and lasting relationship with a home owner who will almost certainly always require home insurance. Spend half a day with our expert speaker to learn the fundamentals of Condominium Insurance.

Brokers: Learn what questions to ask to understand your customer’s exposure, how to explain the applicable coverage and ultimately ensure the client is appropriately covered.
Underwriters: Learn about h
ow to underwrite to ensure the client has the required coverage, how to explain the applicable coverage to a broker and clarify common policy misconceptions.
Claims: Learn about terminology specific to condominium corporations and by-laws and how the by-laws affect the client in the event of a claim.

By the end of the seminar you will be able to:

Explain the difference between freehold and leasehold condominium ownership.
Explain the different sections of a comprehensive condominium policy for the unit owner.
Describe the typical insurance policy for the condominium corporation.
Discuss the basics of commercial condominiums and insurance.

Seminar Leader: Melanie Needham, FCIP, CRM
President, MRD Consulting

RIBO CE Hours: 3 Technical hours

Register for our afternoon Umbrella Seminar and receive a discount on both seminars!

Register today!

This seminar is a part of our Fundamentals Series – eight seminars that get to the basics of insurance, giving you a complete overview of the workings of the p&c insurance industry. The series will be introduced with a staggered rollout in Ontario this year. Take a look at our seminar program to see how our other seminars can assist you to enhance your career.

PLEASE NOTE:
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IIO Members who need to renew their membership, please add the membership fee.
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No refunds, credit notes issued only with 48 hour written notice.
- The price of our half-day seminars include breakfast snacks upon arrival and morning refreshment.

If you have any questions or for assistance with registration, please contact us: conestogamail@insuranceinstitute.ca