FCT Product Knowledge: Commercial Loan Coverage
About this webinar:
It is impossible to know what changes a borrower may make to their property, or whether they will comply with municipal permits, restrictions or future work orders. What happens if the CRA realizes there is money owing many years after discharging the mortgage. Why are these concerns for Lenders?
In this 1-hour session, learn how FCT can protect Lenders with additional coverage on commercial deals.
What you can expect:
- Examples of different real case scenarios and how to mitigate risk;
- Detailed explanation of the Extended Super Priority Lien Coverage and the Post-Policy Date – Encroachments, Restrictions & Work Orders Endorsement;
- Additional protection available from FCT;
- Live Q&A.
Keith Moore
Business Development Director, Atlantic Canada
Eric Smith
Senior Legal Counsel, Corporate Underwriting
This activity is accredited for 1.0 CPD hour by the Law Society of New Brunswick.