Financial Confidence | What’s your property risk exposure?
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What’s your property risk exposure?

What’s your property risk exposure?

You’re building a $22-million house in Vancouver. You’re a little paranoid, so you’ve put hurricane-proof glass in the windows and specified that all the walls must be at least two feet thick. It seems you’ve thought of everything.

Fast forward to two months before move-in date. The contractors are finishing the hardwood floors, and the solvents catch fire. While everyone gets out safely, the house itself isn’t so lucky. Normally, firefighters would have doused the blaze quickly. But those windows and walls? Impenetrable. Even for the fire department.

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