Commercial Insurance

Any business owner benefits from commercial Insurance since it reduces the risk he may encounter . He can insure his company's assets, property such as buildings, contents equipment etc and also all of his employees (by offering group health insurance). If the business owner is a professional such as a Lawyer, Architect or Engineer who gives advice and writes and administers contracts or other binding written business, he will benefit from having Errors and Omissions Insurance. If he is a physician, he can insure his ability to diagnose and treat diseases and/or successfully perform surgeries by having Malpractice Insurance,  which covers losses due to patient lawsuits.

Coverage for Services in Various Fields

• Property Insurance for buildings, equipment, inventory

• Casualty Insurance, General Liability

• Umbrella and Excess Liability

• Boiler and Machinery Insurance

• Automobile, Fleet Automobile

• Crime, Employee Dishonesty

• Directors and Officers Liability

• Errors and Omissions Liability

• Professional Liability

• Products Liability Insurance

• Environmental Impairment Liability

• Ocean Marine Cargo and Hulls, Aviation

• Fidelity and Surety Bonds

• Performance and Constructions Bonds

• Computer Coverage

• Workers Compensation

• Disability

• Credit Insurance

• Kidnap and Ransom

• Political Risk

• Special Event Coverage

• Special Risks Coverage

Property Insurance for buildings, equipment, inventory, tenant improvements & betterments

Insurance that protects the physical property and equipment of a business against loss from theft, fire, natural disasters or other perils. This type of insurance is carried by a variety of businesses, including manufacturers, retailers, service-oriented businesses and not-for-profit organizations. There are 2 common types of policies available: one is on an all-risk coverage which covers against all risk and the second one is on a named-peril coverage basis
and covers only against specific perils named in the policy(very restrictive in nature).

Business Interruption or Loss of Income

When your business location is damaged due to an unforeseen incident, the location may be temporarily unusable, but still incurs fixed costs (rent, utilities, etc.). Standard property insurance does not cover the loss of income caused by a temporary closure. Business interruption insurance can be included in your coverage for this particular loss.

Casualty Insurance, Commercial General Liability

General liability insurance, or CGL, protects your business in the event that you are sued. It is often used to cover 3rd party claims against your business for injury or property damage, including a customer injured at your place of business or an employee damaging property at a client's site. Without a commercial general liability insurance policy, you are leaving yourself and your company vulnerable to lawsuits that could have a devastating impact on your business. It is, unfortunately, a necessary cost of doing business and is this reason that commercial general liability insurance is one of the most popular business insurance products sought after by business owners.

Umbrella and Excess Liability

Umbrella liability insurance for small businesses, also known as excess liability insurance or commercial umbrella insurance, provides additional protection when your business exceeds insurance limits on an underlying policy. For a single premium, umbrella liability or excess liability policies add another layer of protection to any of several other policies that you might hold, including general liability, employer's liability, and hired and non-owned auto liability policies.

Boiler and Machinery Insurance

Often called Equipment Breakdown, or Systems Breakdown insurance, this commercial insurance covers damage caused by the malfunction or breakdown of boilers, and a vast array of other equipment including air conditioners, heating, electrical panels, telephone, and computer systems.

Commercial Automobile(Fleet or Single Automobiles)

As with personal vehicles used for travel, a business owner with commercial vehicles needs auto insurance coverage for the cars, trucks or trailers. The the fact is that no matter where you may be driving in Canada, if you plan to drive a vehicle on public roads, it must be covered under an insurance policy with certain minimum compulsory coverages. It is the law in all provinces and territories.