Types of Coverage
Buildings and Equipment
Protection against damage to your building, property or equipment used in conjunction with the business.
Stock: Damage or loss to your products intended for sale.
Business Interruption
Compensation for loss of business income because of an insured loss. Coverage may also pay the wages of key employees during a prolonged period of corporate downtime.
Extra Expense
Coverage for additional costs you incur after a loss in order to re-open for business. Costs such as temporary rental of premises and the costs you incur to open this location for business are covered.
Equipment Breakdown Coverage
Compensation for the loss of use of essential business equipment such, boilers and machinery, telephone systems, computer networks, air conditioning or refrigeration systems.
Liability
Protection against bodily injury and property damage claims resulting from the operation of the business for which you are legally liable and which occurred as a result of an accident or occurrence.
Tenant’s Liability
Protection against property (such as a building you rent or lease) that is in your care, custody, or control and for which damage results for which you are legally liable.
Directors and Officers Liability
Protection for the principals of a business or non-profit organization against lawsuits arising from the ‘wrongful acts’ of the insured.
Professional Liability
Protection for a business or non-profit organization for the rendering, or failure to render, the professional services of the business.
Errors and Omissions Insurance
Protection for a business or non-profit organization, typically for service related businesses, for legal liability arising from their errors and omissions.
Wrap-Up Liability
We can place coverage for large projects that require a wrap-up policy. These policies insure multiple parties involved in a single project.
Earthquake & Flood
These coverage’s are available for commercial properties.
Contract Bonds & Miscellaneous Bonds
We can place coverage for bid bonds, performance bonds, labour & materials, maintenance bonds, as well as others. Our goal is to meet your bonding needs quickly and effectively. Our capable and knowledgeable staff and our strong relationship with our surety companies ensure that we meet this goal. Bonded contractors have a significant advantage over their non-bonded competitors. In addition to being a requirement for many larger projects, when you are bonded stakeholders have the confidence that you have the wherewithal to complete the project you are bidding on.
Course of Construction
Are you building something new or adding on to an existing building? We can arrange a COC policy for your project whether it is commercial or residential.
Trucking (Cargo) Insurance
From hauling logs & lumber to crab & concrete, on land or at sea, we can arrange coverage.
Fishing and Hunting – Property & Liability:
We are well known in the Terrace area for our fish guiding liability program. We have joined forces with one of our insurance company’s to provide a liability policy for small freshwater fishing guides in our area. If your operation is a little bigger we will customize a policy for you. Coverage for your property exposures (lodges, contents & equipment) can be easily accommodated alongside this program.
Commercial Marine
If you and your clients are going after salmon or if you are a commercial fisher on the ocean we can insure your valuable fishing vessels.
Non-Standard Commercial Risks
We can place coverage for buildings that are vacant or are below-standard properties. As well, we have access to insurance markets for out of the ordinary liability risks.
Special Events Coverage
We can place coverage for one time events such as hole-in-one’s, goal-in-one’s, weddings, parades, concerts and many others.
Equipment & Tool Floaters
Equipment & tools that you use in your business, in and away from your premises, require particular attention that we can put into place for you.