Insurance companies also understandably
exclude fraudulent claims, intentional damage, and losses resulting from illegal activities.
Not exact matches
However, real estate
claims based on the registration of
fraudulent instruments under the Land Titles Act where the
claim would otherwise be
excluded from coverage due to the dishonesty of the insured lawyer — the risk targeted by the Real Estate Practice Coverage Option (REPCO)-- have turned out to be rare.
However, real estate
claims based on the registration of
fraudulent instruments under the Land Titles Act where the
claim would otherwise be
excluded from coverage due to the dishonesty of the insured... Read More»
Ahat's more, LawPRO's policy
excludes from coverage ``... any
CLaIM in any way relating to or arising out of any dishonest,
fraudulent, criminal or malicious act or omission of an INSURED» (Part III (a) of the LawPRO policy).