All Countries
Insurance
Easement Indemnity Policy

Easement Indemnity Policy Template for Canada

Create a bespoke document in minutes,  or upload and review your own.

4.6 / 5
4.8 / 5

Let's create your Easement Indemnity Policy

Thank you! Your submission has been received!
Oops! Something went wrong while submitting the form.

Get your first 2 documents free

Your data doesn't train Genie's AI

You keep IP ownership of your information

Key Requirements PROMPT example:

Easement Indemnity Policy

"I need an Easement Indemnity Policy for a commercial property in Ontario that will cover multiple utility easements crossing the property, with coverage for three separate utility companies as additional insured parties and specific provisions for future infrastructure development planned for March 2025."

Celebrated by
Collaborations with
Investors
Document background
The Easement Indemnity Policy serves as a crucial risk management tool in Canadian real estate transactions where easement rights may pose potential risks or uncertainties. This specialized insurance product is particularly valuable when there are questions about the validity, extent, or exercise of easement rights affecting a property. The policy typically provides coverage against financial losses arising from easement-related disputes, access issues, or restrictions on property use. It is commonly required by mortgage lenders and property developers to ensure protection against unforeseen easement complications. The document must comply with both federal insurance regulations and provincial property laws, making it essential to tailor the policy to specific jurisdictional requirements while maintaining comprehensive coverage for the insured parties.
Suggested Sections

1. Parties: Identification of the insurer and the insured party, including full legal names and addresses

2. Background: Context of the policy issuance, including reference to the easement in question and its registration details

3. Definitions: Definitions of key terms used throughout the policy, including 'Easement', 'Loss', 'Property', 'Covered Risks', etc.

4. Coverage: Detailed description of what risks are covered under the policy in relation to the easement

5. Policy Limits and Premium: Statement of the maximum coverage amount and premium payable

6. Exclusions: Specific circumstances and risks that are not covered under the policy

7. Claims Procedure: Process for making claims under the policy, including notification requirements and timeframes

8. General Conditions: Standard policy conditions including duration, renewal terms, and general obligations

9. Termination: Circumstances under which the policy may be terminated and the process for termination

10. Governing Law: Specification of applicable jurisdiction and governing law

Optional Sections

1. Environmental Provisions: Additional provisions related to environmental risks when the easement involves potential environmental concerns

2. Multiple Insured Parties: Special provisions when there are multiple insured parties with different interests

3. Development Rights: Specific provisions related to future development rights when the easement affects potential property development

4. Dispute Resolution: Detailed alternative dispute resolution procedures if preferred over standard legal proceedings

5. Assignment Provisions: Specific terms for policy assignment when transfer of the insured interest is anticipated

Suggested Schedules

1. Schedule A - Property Description: Detailed legal description of the property affected by the easement

2. Schedule B - Easement Details: Copy or summary of the easement agreement, including rights and restrictions

3. Schedule C - Coverage Exceptions: Specific exceptions to coverage based on property inspection or known issues

4. Schedule D - Property Plans: Maps, surveys, or plans showing the location and extent of the easement

5. Appendix 1 - Premium Schedule: Detailed breakdown of premium calculations and payment terms

6. Appendix 2 - Claims Documentation: Forms and procedures for filing claims under the policy

Authors

Alex Denne

Head of Growth (Open Source Law) @ Genie AI | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents | Serial Founder & Legal AI Author

Linkedin in social icon imageX social icon image
alex.den.21@genieai.co
Clauses
Coverage
Exclusions
Premium Payment
Claims Procedure
Indemnification
Risk Assessment
Property Description
Easement Rights
Access Rights
Title Protection
Policy Limits
Duration and Renewal
Termination
Assignment
Subrogation
Notice Requirements
Force Majeure
Dispute Resolution
Governing Law
Amendments
Representations and Warranties
Conditions Precedent
Environmental Protection
Compliance with Laws
Registration Requirements
Inspection Rights
Premium Refund
Multiple Insureds
Severability
Entire Agreement
Relevant Industries

Insurance

Real Estate

Property Development

Banking and Finance

Construction

Utilities

Infrastructure

Legal Services

Municipal Services

Relevant Teams

Legal

Real Estate

Insurance

Risk Management

Compliance

Property Development

Underwriting

Claims Processing

Title Services

Document Management

Relevant Roles

Real Estate Lawyer

Insurance Underwriter

Property Manager

Real Estate Developer

Title Insurance Officer

Risk Manager

Real Estate Agent

Insurance Broker

Mortgage Loan Officer

Property Rights Specialist

Land Surveyor

Legal Counsel

Compliance Officer

Industries
Insurance Act (Federal): Federal legislation governing insurance companies and their operations in Canada, setting out basic requirements for insurance contracts and consumer protection
Provincial Insurance Acts: Provincial-specific insurance regulations that govern insurance contracts within each province, including specific requirements for policy wording and coverage
Land Titles Act: Provincial legislation governing the registration and enforcement of interests in land, including easements and other encumbrances
Real Property Act: Provincial legislation setting out fundamental principles of property law, including the creation and enforcement of easements
Environmental Protection Act: Federal and provincial environmental legislation that may affect easement rights and obligations, particularly for utility or conservation easements
Provincial Property Law Act: Provincial legislation governing property rights, transfers, and interests in land
Consumer Protection Act: Both federal and provincial legislation protecting consumer rights in insurance contracts and real estate transactions
Civil Code of Quebec: Specific to Quebec, governing property rights and insurance contracts in that province, as it operates under civil law rather than common law
Teams

Employer, Employee, Start Date, Job Title, Department, Location, Probationary Period, Notice Period, Salary, Overtime, Vacation Pay, Statutory Holidays, Benefits, Bonus, Expenses, Working Hours, Rest Breaks,  Leaves of Absence, Confidentiality, Intellectual Property, Non-Solicitation, Non-Competition, Code of Conduct, Termination,  Severance Pay, Governing Law, Entire Agreemen

Find the exact document you need

Insurance Book Of Business Purchase Agreement

A Canadian-law governed agreement for the transfer of insurance client portfolios and associated rights between insurance brokers or agencies.

find out more

Business Continuation Agreement Life (Insurance)

A Canadian legal agreement establishing business succession through life insurance funding upon an owner's death.

find out more

Cross Purchase Buy Sell Agreement Funded With Life (Insurance)

A Canadian-law governed agreement establishing terms for shareholders to purchase other shareholders' interests upon death, funded through life insurance policies.

find out more

Lease Agreement (Insurance)

A Canadian legal document establishing property lease terms with specific insurance requirements and risk allocation provisions, governed by federal and provincial laws.

find out more

Fronting Agreement (Insurance)

A Canadian-law governed agreement between a licensed insurer and reinsurer/captive for policy issuance and risk transfer arrangements, compliant with federal and provincial insurance regulations.

find out more

Agreement To Provide (Insurance)

A Canadian-law governed agreement establishing insurance coverage terms and conditions between an insurance provider and insured party.

find out more

Tenancy Agreement (Insurance)

A Canadian jurisdiction tenancy agreement that integrates standard lease provisions with specific insurance requirements and obligations for both landlord and tenant.

find out more

Party Wall Agreement (Insurance)

A Canadian-compliant Party Wall Agreement outlining insurance requirements and responsibilities for adjoining property owners sharing a common wall structure.

find out more

Hold Harmless Agreement (Insurance)

A Canadian legal document establishing indemnification terms and insurance requirements between parties, governed by federal and provincial laws.

find out more

Buy Sell Agreement (Insurance)

A Canadian-law governed agreement establishing terms for business interest transfers upon specific events, funded through insurance mechanisms.

find out more

Easement Indemnity Policy

A Canadian insurance policy protecting against risks and losses related to property easements, governed by federal and provincial regulations.

find out more

Insurance Distribution Agreement

A Canadian-compliant agreement governing the relationship between insurers and distribution partners, establishing terms for insurance product distribution.

find out more

Loss Portfolio Transfer Agreement

A Canadian-law governed reinsurance agreement transferring an insurance portfolio and associated liabilities from one insurer to another, subject to OSFI regulation.

find out more

Insurance Referral Agreement

Canadian-law governed agreement establishing terms and conditions for insurance client referrals between insurance providers and referring parties.

find out more

Insurance Premium Finance Agreement

A Canadian-compliant agreement enabling the financing of insurance premiums through a third-party lender, structured according to federal and provincial regulations.

find out more

Insurance Addendum

A Canadian-compliant modification document that amends existing insurance policy terms, conditions, or coverage elements under federal and provincial insurance regulations.

find out more

Disability Buyout Agreement

A Canadian legal agreement establishing terms for purchasing a business owner's interest upon disability, including valuation, funding, and transition procedures.

find out more

Insurance Non Compete Agreement

A Canadian-law governed agreement that restricts competition within the insurance industry, protecting business interests and client relationships while maintaining compliance with federal and provincial regulations.

find out more

Required Insurance Addendum To Lease Agreement

A Canadian legal document that supplements a lease agreement by specifying mandatory insurance requirements and obligations between landlord and tenant.

find out more

Personal Injury Liability Release Agreement

A Canadian legal agreement that releases liability for personal injuries in exchange for compensation, compliant with federal and provincial regulations.

find out more

Title Insurance Indemnity Agreement

A Canadian legal agreement where an indemnitor protects a title insurance company against specific title-related risks and losses, subject to federal and provincial regulations.

find out more

Disability Buy Sell Agreement

A Canadian legal agreement establishing terms for the mandatory purchase of a business owner's interest upon disability, including valuation methods and funding mechanisms.

find out more

Indemnification Hold Harmless And Insurance Agreement

A Canadian-law governed agreement establishing indemnification obligations, hold harmless provisions, and insurance requirements between parties for comprehensive risk management.

find out more

Temporary Insurance Agreement

A Canadian-compliant agreement providing temporary insurance coverage while permanent policy arrangements are being finalized.

find out more

Renters Insurance Agreement

A Canadian legal agreement establishing insurance coverage terms and conditions for renters, including property protection, liability coverage, and claims procedures.

find out more

Liability Insurance Agreement

A Canadian-compliant insurance contract establishing liability coverage terms, conditions, and obligations between an insurer and insured party under federal and provincial laws.

find out more

Life Insurance Agreement

A Canadian-compliant contract between an insurer and policyholder establishing terms for life insurance coverage and benefit payment.

find out more

Key Person Agreement

A Canadian law agreement establishing terms and conditions for retaining crucial employees, including special compensation, protection provisions, and insurance requirements.

find out more

Subrogation Agreement

A Canadian-law governed agreement transferring recovery rights from an insured to their insurer following a claim payment, enabling the insurer to pursue recovery against responsible third parties.

find out more

Life Settlement Agreement

A Canadian-compliant agreement for the sale of a life insurance policy from the original policy owner to a third-party purchaser, subject to provincial insurance and federal privacy regulations.

find out more

Insurance Indemnification Agreement

A Canadian-law governed agreement establishing insurance-backed indemnification terms between parties, specifying coverage, claims procedures, and regulatory compliance requirements.

find out more

Risk Transfer Agreement

A Canadian-law governed agreement facilitating the transfer of specified risks between parties, outlining transfer mechanisms, payment terms, and regulatory compliance requirements.

find out more

Download our whitepaper on the future of AI in Legal

By providing your email address you are consenting to our Privacy Notice.
Thank you for downloading our whitepaper. This should arrive in your inbox shortly. In the meantime, why not jump straight to a section that interests you here: https://www.genieai.co/our-research
Oops! Something went wrong while submitting the form.

Genie’s Security Promise

Genie is the safest place to draft. Here’s how we prioritise your privacy and security.

Your documents are private:

We do not train on your data; Genie’s AI improves independently

All data stored on Genie is private to your organisation

Your documents are protected:

Your documents are protected by ultra-secure 256-bit encryption

Our bank-grade security infrastructure undergoes regular external audits

We are ISO27001 certified, so your data is secure

Organizational security

You retain IP ownership of your documents

You have full control over your data and who gets to see it

Innovation in privacy:

Genie partnered with the Computational Privacy Department at Imperial College London

Together, we ran a £1 million research project on privacy and anonymity in legal contracts

Want to know more?

Visit our Trust Centre for more details and real-time security updates.

Read our Privacy Policy.