Definition : Insured

Natural or legal person (for example, the syndicate) whose acts (civil liability) or property are covered by an insurance contract.

Related articles

20/05/2024

Lessee’s insurance

With the increasing presence of tenants in divided co-ownership buildings, it is essential for all stakeholders to fully understand the issues related to insurance coverage. Unlike in other countries, Quebec law does not require tenants to purchase “home insurance”, which would cover their belongings and civil liability in the event…...

Insurance

16/05/2024

Insurances of the co-owner

As a co-owner, you may face a multitude of risks for which it is in your best interest to be insured. You have the legal obligation, just like the syndicate of co-owners, to take out at least liability insurance, which covers unintentional damage caused to others. In addition to this…...

Insurance
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10/05/2024

Insurance of the manager

The tasks of the condo manager are numerous. The latter may be mandated to manage the immovable, and thus ensure its preservation and maintenance; implement the decisions of the board of directors; settle major losses, take out the insurance required for your syndicate, but also to enforce the by-laws of…...

Insurance

10/05/2024

Insurances of the syndicate

A co-ownership may face a multitude of risks such as fires, water damages, break-ins and acts of vandalism. In the event of a loss, the co-ownership's insurance plays an essential role in ensuring its sustainability and so, by covering not only the immovable itself but also the civil liability of the syndicate of…...

Insurance

27/04/2024

Civil liability insurance of the co-ownership manager

The day-to-day administration of the co-ownership may be entrusted to a co-ownership manager who may or not be chosen from the co-owners; thus, the syndicate can delegate to the co-ownership manager other tasks and responsibilities that are generally handled by the board of directors such as the collection of claims, the publication of a notice regarding a  legal hypothec…...

Insurance

27/04/2024

Civil liability insurance of the directors

The director plays a leading role in a co-ownership; as a mandatary of the syndicate of co-owners, he ensures the smooth running of the immovable’s day to day business which implies a working knowledge of the tasks related to this function. As such, directors must act with prudence, diligence, honesty and loyalty because they evolve…...

Insurance
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02/10/2021

Webradio du 29 septembre 2021 : L'assurance des copropriétaires: êtes-vous bien protégés?

La question des assurances pour les copropriétaires (assurance-habitation) est un sujet délicat, car peu de copropriétaires sont conscients que ce type de produits d’assurances n'est pas homogène d'un assureur à l'autre. Ils risquent d’en faire les frais advenant qu’un sinistre important affecte leur immeuble....

Insurance