Tenant Insurance Requirements
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Bankers Court

850 - 2nd Street SW, Calgary , Alberta

Tenant Insurance Requirements

Your lease includes a provision requiring that you must obtain and keep current varying types of insurance for your premises in the Complex (please refer to your lease for details).

A Certificate of Insurance, verifying your coverage as required under the lease, must be delivered to the Property Management Office before assuming tenancy in the Complex. A new certificate must be forwarded to the Property Management Office at least thirty (30) days prior to the expiry of the policy.

Any contractor who will be performing a service for you in your space at any time of day or night must have a permit, insurance information and a clear WCB report submitted to the Property Management office (Suite 800, 335 8th Avenue SW - Royal Bank Building) at least 48 hours prior to any work being performed. This includes furniture movers, pop/juice delivery personnel, carpet cleaners, etc. Permits are available at the Security Room located on the main floor of the Retail area beside Crown Optical. Tenants must request and provide copies of a Certificate of Insurance from all vendors who perform work within their space at the time they submit a work authorization form. Access will be denied to anyone who does not have the correct documentation approved by both the tenant and Brookfield.

Each permit must have insurance naming the Landlord as co-insured or additional insured:
  • The Standard Life Assurance Company of Canada, Brookfield Properties Management Corporation, Brookfield Properties (BHT) Ltd, Brookfield Properties Ltd. and bcIMC Realty Corporation, CDPQ Mortgage Corporation.
Each permit must also have a WCB Clearance letter attached to it. Any company performing a service for a tenant should have WCB coverage and all premiums should be paid in full to receive a clearance letter. If a contractor is hired and the premiums are not up to date, WCB has the right to require the tenant to pay all outstanding premiums and, should an injury occur, the tenant will be responsible for all costs associated with that injury.
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