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matters. However, the availability of damage or disputes over financial boards have access to legal expertise for
this feature varies among insurers. responsibility for repairs. contract disputes, property protection,
While most legal expense policies Contract Disputes & Debt Recovery and other vital issues. By investing in
will not respond to the judgement • LEI often includes support these policies, condo corporations can
awarded, many will assist with the for legal costs associated with focus on fostering a thriving, harmo-
costs throughout the legal process contract disagreements with nious community without facing
through the courts, such as medical vendors, service providers, or potentially severe litigation costs. n
report costs or court fees. Specific suppliers. It may also cover debt
coverages available can differ across recovery efforts when a vendor Brandon Murphy is a Client Execu-
insurers, so it is essential to review fails to fulfill contract obligations tive for the BFL CANADA Realty Divi-
what each policy entails. or mischarges for services. sion with over 5 years of Real Estate
The typical range of coverage under Bodily Injury insurance experience.
LEI includes: • LEI may cover legal costs when bmurphy@bflcanada.ca
Legal Defence pursuing claims related to serious
• LEI may cover legal defence injuries or deaths that occur BFL CANADA Risk and Insurance Ser-
costs when condo boards or due to third-party negligence. vices Inc. is one of the largest employee-
members face criminal charges For condo board members, this owned and operated commercial insur-
or investigations. This can be coverage can be essential when ance brokerage and consulting services
crucial when a board member is seeking compensation for injuries firms in Canada. Our Realty Division,
accused of wrongdoing, such as sustained during official duties. with a team of over 200 real estate
theft or safety violations, while As legal challenges become more professionals located in 27 cities across
performing their duties. frequent, condo corporations need the country, understands the risks faced
Property Protection comprehensive insurance to safeguard by all types of properties from strata
• This aspect of LEI provides their operations. With complete CGL, and condo corporations to apartments,
coverage for legal action related to D&O, and LEI policies in place, condo commercial and bare land properties.
trespass, nuisance, or damage to corporations can manage legal risks, To learn more about us and what we
condominium property by a third protect financial health, and support do, visit www.bflcanada.ca/realty-insur-
party. Condo boards may rely on board members and volunteers. LEI ance-services
this coverage to address physical can fill critical gaps, ensuring condo www.bflcanada.ca

5650 Tomken Road, Unit #11, Mississauga, ON L4W 4P1
T: 905 282 0728 E: cbsservice@certifiedbuildingsystems.ca
YOUR ENERGY MANAGEMENT EXPERTS

ENERGY MANAGEMENT

ENERGY ANALYSIS & AUDITS

ENERGY DESIGN

COMBINED HEAT & POWER (CHP)

PREVENTATIVE MAINTENANCE

HVAC & MECHANICAL

BUILDING AUTOMATION SYSTEMS

RETROFITS

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