Total Protection.

No Upfront Payment.

With NOWA Financing, quickly get water damage protection and pay in monthly installments over a duration that fits your budget.

Simple and flexible, the NOWA financing program allows condominiums to protect against water damage without special contributions from members and without touching the self-insurance fund.

Additionally, condominiums protect themselves against the risk of losing their insurance or seeing their premiums increase out of control. All this with a simple, affordable monthly payment for every budget.

STARTING AT

25$

/MONTH/PROPERTY

All-inclusive price

Regardless of the financing term, the monthly payments cover everything: equipment, installation fees, access to the PRESENCE service, and an extended warranty.

NOWA comes with an insurer discount.

Most insurers offer up to two types of discounts immediately after the installation of a NOWA water damage prevention system.

1. A discount on each condo owner’s personal insurance

2. An insurance premium discount granted to the condominium syndicate

For example

With financing that includes monthly payments of $25, insurer discounts can reach up to 40%, allowing condo owners to be protected for just $15 per month.^◊

How does financing work?

Get the best system at your price.

With NOWA, you purchase the most recommended water damage prevention system by Canadian insurers. Condo owners can choose the monthly payment that suits them by spreading the payments over the term they prefer, up to 7 years.

Avoid unpleasant surprises.

It’s simple: the NOWA financing program covers everything. There are no hidden fees. Monthly payments remain the same throughout the entire agreement. No upfront costs and no special contributions required.

Stop putting your funds at risk.

With NOWA’s protection system, you stabilize your insurance costs and eliminate the risk of losing insurability. Since the costs are applied to your condominium’s operating expenses, you don’t need to dip into your self-insurance fund. When your financing term ends, your payments are automatically reduced to cover only the cost of accessing the PRESENCE support and monitoring service.

Protect yourself without paying from your own funds.

Through small and fixed payments, enjoy complete protection, which will also lower your insurance premiums and secure your self-insurance fund.

NOWA financing benefits

No upfront payment required

Flexible financing terms of 60, 72, or 84 months

No drawdown from the self-insurance fund

Easy-to-understand invoice; no hidden fees

Preserves condo owners' liquidity

Average 10% insurer discount on the premium

Does not increase the condo association's debt

Installation by a certified NOWA expert

Fixed monthly payments for the entire financing term

Extended warranty covering the term of the contract

Fast financing approval

Includes all the benefits of the PRESENCE service

Terms and conditions

^‡ Price for a basic set including a control panel, an electronic valve, five next-generation sensors, and access to the PRESENCE service.

^◊ Base price for a lease financing option over 84 months. Monthly payments can be as low as $15 after insurer premium reductions. Price may vary depending on installer and region. Subject to credit approval. Subject to change without notice. Taxes are extra.

^⋏ No increase in monthly fees under financing. Upon purchase, a 2% annual increase applies to PRESENCE service fees.

^⋉ A 5-, 6-, or 7-year warranty applies depending on the financing term. Upon purchase, a 2-year basic limited warranty applies.