Condo Association
The protection of a condominium against risks such as fires, water damage, intrusions, and vandalism is essential. In case of a claim, condominium insurance covers not only the building but also the civil liability of the condominium association. In accordance with the Civil Code of Quebec and the condominium declarations, it is imperative that every condominium association subscribes to appropriate insurance to ensure the longevity and financial security of the residential community.
The insurance contract specifically details the coverage provided, limits, exclusions, and applicable deductibles. This enables condominium owners and the condominium association to clearly understand their coverage and make informed decisions to protect their common interests. Proactive risk management through well-structured insurance helps maintain stability and peace within the condominium, ensuring effective management of potential claims.
Advisors at your service
Because each situation is unique, Soummam Prévoyance's financial security advisors are here to offer you disability (salary) insurance guarantees adapted to your needs, thus guaranteeing your peace of mind and that of your family.