More Than a Policy – Deal Protection Endorsement

May 21st, 2020 | By FCT

At FCT, we’re invested in our customers and motivated by the need to provide them with better service, superior products and the technology necessary to deliver both effectively.

To demonstrate our commitment to our clients, we’ve added the Deal Protection Endorsement to our Errors & Omissions (E&O) Suite of Products aimed at legal professionals. With the Deal Protection Endorsement, you and your client get more protection on every deal.  By adding this endorsement to every residential FCT title insurance policy you order, you can offer peace of mind to the insured on purchase and refinance transactions.

Deal Protection Endorsement offers security against losses due to:

• Errors or omissions in the review of the agreement and documents related to the purchase or financing of the Land
• Errors or omissions made in the statement of adjustments
• Failure to conduct title or off-title searches
• Failure to obtain additional documents
• Incorrect advice on how to take a title

The new Deal Protection Endorsement complements FCT’s E&O Complete by providing added protection to your clients on their owners’ and lenders’ title insurance policies. It carries the same limit of coverage as the policy itself, insuring your client directly for errors or omissions on your part that do not fall within the standard coverages in a title insurance policy.

To add the Deal Protection Endorsement to your FCT title insurance policy orders or to learn more about other coverages offered in our E&O Suite of Products, please visit our website at moreprotection.fct.ca, or contact us toll-free at 1.866.804.3122.