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Real Estate Errors and Omissions Insurance Corporation

A special act corporation formed pursuant to the Real Estate Services Act solely to provide errors and omissions insurance to British Columbia real estate licensees.

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February 16, 2017

Do I still have coverage after I retire or terminate my licence?

A

Do I still have coverage after I retire or terminate my licence?

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Yes, if you surrender your licence, you will continue to have coverage. This coverage applies to claims that are discovered and reported after the termination of your licence, but that arose during the time while you were both licensed and insured. This is an important feature if you are retiring or leaving the industry to take up another career.

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