Types of Policies
FCT offers two different types of residential policies to protect your homeowner and lender clients:
Our Platinum Title Insurance Policy provides the broadest protection for your clients purchasing a new or resale property. For your clients who did not obtain a policy when they first purchased their home, we have a Platinum Title Insurance Policy for Existing Homeowners which provides similar protection.
Our Gold Loan Policy protects your lender client's priority and enforceability of the insured mortgage. This policy can be issued for purchase transactions, mortgage-only transactions (refinances and new mortgages) and construction mortgages.
Identity Theft Protection: Greater Protection for Your Clients
Offer your clients even more peace of mind when they purchase a residential title insurance policy (new or existing homeowners) with the addition of our identity theft protection. Identity theft is a major concern for many consumers today. With this policy, victims are reimbursed for specific expenses and lost income arising from the identity theft. Insured individuals are also provided with assistance in restoring their good credit and protection from actual losses arising from credit or debit card fraud, forgery or counterfeiting - all for a low, one-time premium.
This policy can be purchased with a homeowner title insurance policy and coverage expires upon the sale of the property insured by the title insurance policy. For more details, please refer to the policy for precise coverage details (including exclusions and stipulations).
When underwriting is required for residential policies, our experienced team of underwriters offer quick and flexible solutions to ensure that your clients are receiving the most comprehensive coverage possible. We will work with you to ensure the greatest protection available is part of the solution.
| Highlights of some of the coverages |
* for specific coverage and exclusions; see the Gold Loan or Platinum Protection Policy |
