///Earthquake Deductible Buydown
Earthquake Deductible Buydown 2018-06-03T11:12:45+00:00

EARTHQUAKE DEDUCTIBLE BUYDOWN

Cansure’s Earthquake Deductible Buy-Down product is designed to be written as an extension to an existing Cansure policy, or as a stand-alone policy over any insurance policy. Today, the minimum earthquake deductible on an insurance policy can be as much as 20% of the policy limit. With this product, you can buy your deductible down to as low as 3%.

For example, if you had a $10MM building with a 20% Earthquake deductible, you would be responsible for payment of $2MM as your deductible. If you bought the deductible down to 5%, you would only be liable for $500,000 and the Buy-Down coverage would pay the difference of $1.5MM in the event of an Earthquake claim.

Download our product brochure for more details.

Megan Tran
Megan Tran(416) 623-0029 mtran@cansure.com

Underwriter

Megan Tran is an Underwriter based in Cansure’s Toronto office. She is originally from Vancouver, B.C. and first joined Cansure in 2013. Three years after joining, Megan took the opportunity to move to Ontario to become a member of the growing Toronto team. Megan has worked closely with Cansure leadership to underwrite the Earthquake Deductible Buy-Down facility. Alongside her daily underwriting, she is actively pursuing her Chartered Insurance Professional (CIP) designation.