E&O Extra®

Protection summary

  • $30,000 per qualifying real estate transaction
  • $10,000 deductible coverage
  • $90,000 aggregated lifetime coverage
  • $0 premium per year
    ($400 with 100% discount)

Entry level protection

We understand the risks you face as a practicing real estate lawyer or notary. That’s why our annual E&O Extra policy coverage is available —at no cost—to protect you on every transaction you title insure with us. This entry level coverage pays the deductible to your errors and omissions insurer, as well as any premium increases that follow a successful claim.

Your E&O Extra policy comes into effect on the day you complete the online application form and get coverage confirmation from FCT.

If a claim is filed against your current mandatory errors and omissions insurance, your E&O Extra policy will provide reimbursement for your deductible payment and any increase in your premium surcharge payments.

looking at iPad

Discover our Legal Services Coverage

Which of our E&O suite of products is best suited for you?

    Prime Protection Package
Compare E&O Suite of Products† E&O Extra ® E&O Complete™ Deal Protection Endorsement1
FCT title insured purchase and refinance transactions
Commercial transactions*
Reimbursement of mandated policy deductible/surcharges ❌
Upfront settlement ❌
Reimbursement coverage limits $30K per transaction
$90K lifetime		 $30K per transaction
$90K lifetime		 ❌
Upfront coverage limits ❌ $10K per year / 3 claims Title insurance policy limit
Non-title insured vendor and borrower only ❌ ❌
Insured Lawyer/Notary Lawyer/Notary Property owner/Lender**
Premium (provincial taxes apply) $0 per year
($400 with 100% discount)		 $700 per year Variable, see premiums
 
Have a question?

Call us toll free at 1.866.804.3122 or email  moreprotection@fct.ca.

Contact Us

†Refer to the applicable policy or endorsement for definition.
1 Deal Protection Endorsement is not available for existing homeowner policies.
* Coverage for commercial transactions is up to a maximum of $5 million.
** In British Columbia, the lawyers and notaries are the insured.

 

Insurance by FCT Insurance Company Ltd. Services by First Canadian Title Company Limited. The services company does not provide insurance products. This material is intended to provide general information only. For specific coverage and exclusions, refer to the applicable policy. Copies are available upon request. Insurance brokerage services by FCT Insurance Services Inc.  Some products/services may vary by province. Prices and products/services offered are subject to change without notice. 

 

®Registered Trademark of First American Financial Corporation.