Business Insurance · Ottawa
A customer injury, damaged equipment or unexpected shutdown can affect more than the day’s income. Compare protection for the work you do, the assets you use and the responsibilities you take on.
Build around your operation
Available protection depends on your activities, industry and eligibility. A package may combine coverages; it does not automatically include every risk.
Before you choose a policy
Compare premiums and deductibles with the losses the business can afford to absorb.
Disclose every service, product, activity and territory. Check limits, exclusions, additional-insured requirements and proof of insurance against customer, landlord and lender contracts.
Check occurrence versus claims-made wording, retroactive dates, reporting requirements and continuity of cover. Confirm whether defence costs sit within the limit or are paid in addition.
Compare replacement cost with depreciated value, keep asset limits current, and check how long interruption benefits last. Revenue may recover later than the premises.
Report new activities, vehicles and locations, including moves, renovations, subletting or vacancy. Confirm cyber protection and whether vehicles need commercial cover or an endorsement.
A personal home policy may provide little or no protection for:
Operating from home should be disclosed to the home insurer.
Business insurance FAQ
Requirements depend on the business, industry, location and activities. Landlords, lenders, customers, professional bodies and government contracts may also require specified coverage.
No. Incorporation may provide some legal separation, but it does not eliminate every personal, professional, contractual or operational exposure.
Often, yes. Require appropriate proof of coverage and review contractual responsibilities with qualified legal and insurance professionals.
Their policy may not automatically protect your company. Review certificates, limits and responsibilities.
It may provide little or no business protection. Notify the home insurer and explore appropriate business coverage.
Review with Centerpointe
We’ll discuss your operations, revenue, employees, customers, property and contracts, review existing coverage, and compare suitable options.
Review your cover as services, products, staff, contracts, equipment, locations or revenue change.
Corporate insurance addresses ownership, key people, buy-sell obligations, succession and continuity after death or disability, including corporate-owned life insurance and estate or legacy needs. A company may need both operational and ownership protection.
Explore corporate insuranceBusiness insurance guidance in Ottawa and neighbouring Eastern Ontario communities.
Business insurance products are subject to application, underwriting, eligibility, policy terms and insurer approval.
Covered operations, limits, deductibles, exclusions, endorsements, settlement terms, business-interruption periods, reporting requirements and premiums vary by policy, industry and insurer.
Not every business activity, contract, professional service, cyber event, vehicle, worker, property or cause of interruption is covered. Material changes in operations must be disclosed to the insurer.
Legal agreements, regulatory obligations and tax matters should be reviewed by appropriately qualified professionals.
