Title Insurance Policies
Title Insurance is a guarantee given to the Insured to indemnify the loss he or she may suffer as a result of a defect in the title of a land.
TO WHOM
There are two types of policies. Mortgagees Policy (for Insured/Bank) and the Buyer's Policy (for Insured/Purchaser of Land) and are made available to Banks and Lending Institutions.
BENEFITS
- Legal assistance for Banks or Purchasers in the event the Bank or the Purchaser is involved in litigation.
- In the event the Bank or the Purchaser loses the title to the land, at the end of the litigation process, the Insurer will provide the amount agreed to in the policy.
CONTACT DETAILS
- Contact Person : Mangala Seneviratne
- Telephone : 011 2 485 724 / 011 4 702 724
- Fax : 011 4 702 734
- E-Mail : title@ceyins.lk
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