Deferral of Indemnity

Indemnity payments can be deferred up to one year following your claim inspection date. If you wish to defer your claim, you must tell your adjuster before the cheque is issued.

Once a cheque is issued, it cannot be returned for deferral. This complies with the Canada Revenue Agency. Indemnities deferred to January 1 of the following year will be mailed before the end of December.

You have the choice of deferring the entire indemnity, which will require payment of the entire premium 15 days prior to the deferral date, or you can request to have the premium deducted from the indemnity and have the remaining balance deferred.