Stewart Title’s Extended Protection Endorsement (EPE) is an enhancement to commercial owner and lender policies* for transactions up to $5 million. The endorsement’s coverage protects the insured for losses arising from certain errors or omissions made by the lawyer/notary who acted for the insured as part of the real estate transaction, as set out under the covered risks within the endorsement.
Insureds will benefit from added protection against:
This coverage is available for commercial transactions under $5 million at the discretion of the lawyer/notary and their client. There is no need to enrol or commit to annual fees, simply request the EPE as part of your regular ordering process. A nominal, one time charge based on the amount of the policy will be added to the title insurance premium.
Give your clients the added peace of mind that comes with knowing that if faced with the above risks, they can conveniently make a claim directly to Stewart Title without having to pursue an action against their lawyer/notary.
This endorsement is attached at the time the order for title insurance is placed. It is available for properties located in Ontario, Alberta, British Columbia, Manitoba, Quebec, New Brunswick, Nova Scotia, Newfoundland & Labrador and P.E.I.
Coverage is not available for single risk policies or vendor take back mortgages.
For full particulars of coverage, please refer to a copy of the EPE or contact our Underwriting Department.
*The Extended Protection Endorsement is available for commercial purchase and refinance transactions. Coverage is subject to the amount of insurance and the terms and conditions of the issued policy.
This website is intended to provide information that is of a general nature and is subject to modification. Coverage and requirements can vary depending on the nature of the transaction and location of the property involved. Please review your actual Stewart Title policy for full coverage details.