NO. Legal defence coverage provides coverage for the legal fees involved in defending AGAINST a covered charge or law suit. If you sue someone (including a spouse in a family proceeding), legal fees are NOT covered. The only exception to this is legal fees if you are a plaintiff in a mutual separation or mutual divorce agreements or matrimonial legal proceedings commenced on or after February 26, 2011.
Everyone who owns residential property!
Mortgage fraud is an increasing problem in Canada and the US. Title insurance addresses some of the impact felt by residential property owners who find themselves victims of this kind of fraud.
Existing Property Owners
Over the last many years it has been common for real estate lawyers to include title insurance in every new home or condo purchase. If you bought your house, condo, cottage, or farm more than five years ago, chances are you don’t have title insurance.
New Property Owners
If you are planning to buy a house, condo, cottage, or farm on or after February 26th, 2007 PWUPP can save you the added expense of purchasing the insurance through you lawyer.
Should you register for Title Insurance through PWUPP?
Quebec members are eligible for all coverages. However, there may be some differences in terms of reimbursements due to the Quebec Civil Code. We will work with you to ensure a seamless product offering.
When you call to register, identify yourself as a Quebec Member of the Power Workers’ Union.
The Union carefully considered whether it could make accessible to its members and retirees a valuable insurance package. Cost combined with the number of retirees (which substantially exceeds the number of active members) made it impossible for the Union to do so, taking account of the requirement that the Plan be funded in a fiscally prudent manner. Regular members and PWU Hiring Hall members are eligible.
HUB, the Insurance Brokers in respect of the PWUPP offers a product that members of the PWU Retirees Chapter can purchase directly from HUB to provide coverage.
Members wishing to purchase retirement coverage must contact the PWUPP Call Centre at 1-877-393-0338 at least 30 days prior to retirement to ensure that they can continue coverage seamlessly. Although retirement does not affect title insurance coverage and legal defence/ID Theft coverage continues until the first Feb 26th following retirement, it is important that the purchase of coverage beyond that point is arranged prior to retiremennt.
For information on purchasing retiree coverage, members can also click on: www.hubinternational.com/ontario/business-insurance/pwu-retirees/#Overview NOTE that members of the PWU Chapter of Retirees have access to ID Theft coverage provided by IDT911 at no additional cost to them and do not need to purchase the product.
Yes, as follows:
Legal fees are only covered if the proximate cause is on or after inception date of the policy, being February 26th, 2007. Even if your bills are incurred after this date, the policy will not respond if the criminal act, negligence, or other events (which necessitated the legal fees) occurred before February 26th, 2007.
All of the above are Rev. #2 05/30/2014