Manufacturers, distributors and wholesalers

Civil liability coverage protects you from property damage or bodily injury that you may involuntarily cause to a third party or to one of your clients, anywhere your activities take place. As a result, this coverage is necessary in order to protect your business in the event of a lawsuit or claim attributable to your operations, your places of business or your operations. It is important to properly assess the chosen limit in relation to the actual risk because the consequences could be catastrophic for the survival of your company.

The Umbrella coverage offers you an excess liability insurance. By opting for this added protection, you extend the limits of your underlying policy.

Adding the executive risks coverage, also known as “D&O”, allows your company’s directors and officers to be covered. These directors and officers carry the responsibility of acting in the best interest of the company. Whether you are the member of a board or run a company, you could be held personally liable of any wrongful act in the management of a company. This insurance also covers defence costs in the event of allegations or legal action brought against members of a board or business executives.

Professional liability is also known as “E&O” or Errors and omissions insurance. This insurance provides coverage to hedge against financial loss that you may cause to a third party after having followed your recommendation, as a result of the omission of advice that you should have given within your professional capacity or as a result of a design error of your product. As a result, your client could sue you for losses you would have caused him. Professional liability would also cover defence costs associated with a lawsuit.

Since the building is covered under the basic insurance contract, immovable property is covered (namely the walls, floors and windows, but also the cupboards and counters of your company against fire, theft, vandalism and more).

By adding this coverage to your standard insurance policy will cover damage caused by water to your business.

Your two coverage options are:
– Sewer back-up endorsement: this insurance covers sewer back-up as well as sump pump leakage.
– Flood endorsement: you are covered in the event of a body of water overflowing onto the premises.

Contents insurance offers coverage for damage or loss to the property inside your company, for example workstations and computer equipment.

This insurance covers the damage resulting from the sudden or accidental breakdown of your equipment requiring repairs or replacement. This coverage also offers inspection services of your equipment.

Are insured:
– Pressurize equipment
– Electrical equipment
– Mechanical equipment
– Electronic equipment and loss of data

By adding this coverage, you are protected in the event of direct damage to your stock and merchandise, wherever they may be:

– Inside a warehouse
– In transit (rail, boat, air or truck)
– At non-designated temporary locations

Cargo insurance provides coverage for direct damage to your stock and merchandise during transit.

This insurance comes in handy should you need to insurance several commercial vehicles, commonly called a “fleet”. It will allow you to enjoy advantages and additional coverage when you insure a number of trucks or vehicles. For example, you could insure all the vehicles under a single policy, having only one renewal date to remember.

This insurance covers lost profits or expenses incurred in order to maintain the normal business operations in the event of a major peril. For example, rental of buildings or equipment as well as compensation for decreased income.

This coverage pays an indemnity in the event that a major peril would result in the loss of unsold stock. By adding this coverage, you will be compensated based on the market value of the lost produce, which is very advantageous since you will be reimbursed for the production cost of these produce as well as the profits that would have been gained.

This insurance provides coverage for property damage or bodily injury that your product may involuntarily cause to a third party. As a result, this coverage is an affordable way to protect your business in the event of a lawsuit or claim attributable to your products.

In the event of contamination of your product, you may be required to quickly take them off the market. Product recall insurance covers the costs associated with this withdrawal, as well as those associated with rehabilitation of the product brand or the replacement of the product. You could also be indemnified in the event of an operating loss resulting in the decrease of your sales.

This insurance provides coverage for the cost of setting up a crisis management centre, such as:

– Public relations
– Call centre set ups
– Credit file alerts

This insurance covers damage caused by pollution resulting from a sudden and accidental or continuous and gradual event, depending on the type of contract. As a result, your company will be protected in the event of pollution from the discharge, dispersal, release or escape of solid, liquid or gaseous substances in the atmosphere, in the water or in water lines, sewers or drainage systems. It can also include coverage against fines and penalties.

This insurance not only covers liability related to the management of the private information of your clients, employees and your company but also that of your personal data in the event of hacking.

It also includes the following types of coverage:
– Protection against accidental computer breaches
– Coverage for data recovery costs
– Coverage for data breach reporting costs

By adding this coverage to your commercial insurance contract, you will on one hand be protected from internal fraud, such as the theft of valuables, money or personal property by an employee. On the other hand, this insurance can be broadened to cover external fraud, such as signature forgery, misappropriation of funds and fake emails.

This insurance provides you with expert consultant services and covers the cost associated with:

– Kidnap for ransom
– Extortion for ransom
– Detention
– Hijacking

By adding this coverage to your insurance contract, the buyer and seller are protected during a transaction regarding the representations and warranties in a sale agreement.

By adding this coverage to your insurance contract, you are protected from the risk of non-payment when you offer credit to a customer. As such, credit insurance not only protects you from defaults on payment, but lowers your bad debt rate and allows you to have access to better financing as well as providing you with better financial options.

By adding this coverage to your insurance contract, you are protected from the intellectual property infringement you may be subjected to and the legal defence costs required to defend yourself in the event of alleged violation from a third party. As such, your patents, licenses and copyrights are protected by this insurance.