Umbrella Coverage Insurance

My customers often ask me to explain umbrella coverage to them. If you have an auto and home policy, umbrella coverage can provide you with extra coverage on top of your existing auto and home policies, in areas where your limits are set. This can help supplement your existing policies to provide additional personal liability protection. If there’s anything you don’t understand about your coverage, I’m here to help.

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Types of business insurance in Canada

Insurance needs vary greatly and it is best to get advice from an insurance broker or agent who is familiar with your specific type of business. Below are different types of insurance that may apply to your business. Insurance for owners, partners and key employees The loss of a key person can devastate your business and your livelihood. These types of insurance can help protect your business and your family from potential risks: Life insurance — Protects your family in the event that something happens to you. This is especially important in the case of a sole proprietorship, because the owner is personally liable for all the debts of the business. Disability insurance — Will provide you with income for a specified period of time, if you are unable to work due to an injury or illness. Partnership insurance or buy-sell insurance — If your business partner passes away, partnership insurance will allow you to purchase the shares and continue running the business. Critical ill...

MARINE HULL Insurance

Construction Risks During the period of the construction of a vessel, it may be insured with an insurance company familiar with handling of such insurance. Due to the fact that a Ship-owner's Yard is essentially a static, non-marine risk, it is possible that basically non-marine insurer will take on the risk of covering a vessel while it is under construction, but generally it is unsatisfactory. Cover will be required for a whole period of construction, which may last for two or three years and as the builder frequently accepts responsibility for the launching of the vessel, its tests, sea-trials and possibly its delivery voyage, builder's risks policies issued in the marine market include full marine cover accordingly. The Institute Clause for Builders' Risks provides a comprehensive form of cover in this respect. Cover can be extended to include War risks but due to the operation of the "Waterborne Agreement"; the vessel is only insured while she is waterbo...

Affordable Recreational Vehicle Insurance For Canadians

The purpose of recreational vehicle insurance is to protect you and your travel family from financial and other losses that may result in the event of an accident or other unforeseen event. A recreational vehicle is purchased to promote leisure time and activities. There are many different types of recreational vehicles such as : fifth wheel travel trailer, truck camper, camper trailer, camper van, Caravan, hard shell trailer recreational trailer, hybrid recreational trailer, tent trailer, mobile home or motor home. Regardless of type or style of recreational vehicle they all require some form of insurance. Recreational vehicle use has changed and evolved since their introduction. Originally recreational vehicles were used to travel all over the country, currently many people have found a permanently parked recreational vehicle is a cost efficient recreational property. Unless your R.V. parked permanently in your backyard, it should have some form of recreational vehicle insurance...

Halal Insurance

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