Insurance

How Much is My Ontario Long Term Disability Claim Worth? The monetary value of a long term disability claim depends upon a number of factors. The initial factor of course is whether you can prove you are entitled to long term disability benefits (which comes down to whether you can show you meet the policy…

Is Insurance Coverage Becoming Illusory? Broadly speaking, insurance is a form of risk management, used by people and organizations to distribute and allocate risk. In exchange for payment of a premium, an insurer guarantees compensation where a policyholder incurs a specified loss (provided such loss is not specifically excluded). However, in recent decades, insurers have…

Title Insurance Covers Building Defects The recent Breen v. FCT Insurance, 2018 ONSC 3644 (CanLII) case is illustrative of the breadth of coverage afforded to Ontario homeowner’s through title insurance. In that case, John Breen purchased a cottage in 1999. When he went to construct an addition in 2011, he learned of the existence of…

Court Awards Full Costs in Insurance Coverage Dispute In the recent Hoang v The Personal Insurance Co., 2017 ONSC 4193 (CanLII) case, the Court ordered the insurance company to pay full indemnity costs (all legal fees) where the insurance company had wrongfully denied coverage. The Hoang case arose after a young boy was injured crossing…

Insurance Coverage Issues After You’ve Been Sued In Ontario In this article I will discuss what you need to know about being sued in Ontario and how your insurance policy will come into play, including what to do if your insurance company denies coverage or asks you to sign a non-waiver agreement. What Should I…

When is Water Damage Covered Under a Homeowner’s Insurance Policy in Ontario? Recently, in Wight v Peel Insurance, 2016 ONSC 6904 (CanLII), the Superior Court was required to determine whether water damage was covered under a Homeowner’s insurance policy, issued by Peel Insurance. The facts in that case are relatively straightforward. Ms. Wright, owned a…

Homeowner’s Insurance In Ontario Explained At the most basic level, a homeowner’s insurance policy is intended to protect an insured homeowner against unexpected loss. However, as anyone who has suffered a loss has likely learned, your insurance company may not be there when you need them. In this post, I will try to give a…

$1.3 M Reasons Not to Trust an Insurance Denial When D.C. required an expensive drug (Solaris – costing around $25,000.00 per month) she turned to her group benefits carrier, Industrial Alliance (IA) for coverage. Her IA policy provided for reimbursement of 90% of certain drug costs. However, Industrial Alliance denied coverage, initially relying on an…

Insurer Ordered to Provide Coverage in Ontario Title Insurance Lawsuit A Toronto homeowner was recently awarded coverage against hidden structural defects in home 7 years after purchase. This just goes to show that when buying a property, it is often a good idea to purchase property title insurance for protection against unknown risks or problems….