For an annual premium of $80 CAD ($86.40, including tax), students will receive the following insurance coverage while they are living in residence:
Contents Coverage
$10,000
Each resident will be provided with coverage to protect your personal belongings up to $10,000 — subject to a $500 deductible. The policy provides coverage for all risks of loss or damage subject to exclusions.** Claims will be settled on a “replacement cost” basis (without deduction for depreciation).
Personal Liability Coverage
$1,000,000
If a resident is found to be responsible for causing accidental damage to university property or another resident’s property (for example, if a resident accidentally started a fire in their room) or accidental bodily injury to another person, the policy will respond up to $1,000,000 to pay legal expenses and compensatory damages for which they are found to be legally liable.
Additional Living Expenses
$2,500
If as a consequence of an insured loss the resident’s residence is unfit for occupancy, the policy will pay the increased expenses (up to $2,500) incurred by the resident to obtain temporary housing. For example, if a resident moves to a hotel for a few days while their room is being repaired, hotel costs including meals would be covered.
Under this program, the university purchases a master policy that provides insurance coverage for all individuals who are living in residence. Residents who elect to participate in the program will receive a Certificate of Insurance in their name outlining the coverages provided by the policy, and will be provided a website address where they can access the policy wording.
Opting Out
Residents have the option to “opt out” of the program provided they have alternate insurance coverage in place — for example they have purchased their own policy or are covered under their parents’ Homeowners policy. Residents who wish to opt-out of the property and liability insurance program provided by the university must do so no later than September 30th. Residents who do not opt-out by this date will be automatically enrolled in the program.
Residents who opt out will receive an $86.40 ($80 CAD + tax) credit on their university accounts.
Click to visit the opt-out form
Making Claims
Residents are responsible to report claims directly to the insurer and must contact Excess Underwriting via phone or email, as the individual insurance is in their name.
To contact Excess Underwriting to report a claim:
International Programs Group (IPG:)
Email: excessuwclaims@ipgclaims.com
Direct Number: 1-888-204-4726
If residents need to inquire about this insurance coverage or submit a claim, students can contact Marsh Canada directly at 1-800-665-0765 and they would be more than happy to discuss your options and walk you through the claims process.
For more information regarding the policy, you can view it here.