Business Owners Defender is a unique Umbrella Liability policy
which expands and compliments existing Primary Liability
policies. It is available for small businesses with annual
receipts up to $2,500,000 and covers over personal and business
automobiles and light commercial trucks (4500 kg or less).
Product Highlights
- Combines business and personal liability
coverages, including watercraft, under one Umbrella policy
- Broad coverage usually beyond scope
of primary liability policies subject to a aggregate annual
Self-Insured Retention of $10,000
- Covers over a minimum $1mm primary layer of coverage
provided by most Insurers in Canada.
- Stand alone policy – we do not need to write the primary liability coverages, either personal or commercial
- Commercial General Liability policies must have same policy term as Defender Umbrella but other auto and personal
liability policies may have different policy terms
Eligible Risks
- General contractors – repair or renovations
– residential and small commercial buildings (no more
than 2 stories or 50,000 sq ft)
- Home Service or Small Commerical–
Carpentry, Fencing, Glazing, Landscape Gardening (incidental
spraying only), Masonry, Plumbing / Heating, Insulating,
Painting (excluding spray) Plastering, Electrical, Drywall,
Roofing (shingles only) Aluminum siding, Floor covering
- Farms (excluding tobacco) or Ranches
(excluding equine commercial operations)
- Property Ownership (buildings no
more than 10 stories). Refer multiple locations
- Restaurants (no dancing, entertainment
and maximum 30% liquor sales)
- Retail Stores (excluding computer service / operations)
- Service Stations and Auto Repair Shops (maximum 5 mechanics – excluding heavy truck repairs or sales and rental of vehicles)
- Office Risks – maximum 3 storey building of 50,000 sq ft (excluding all professional and medical occupations)
- Wholesale and Distributors – domestic sales only (excluding manufacturing or packaging)
Coverages
Umbrella Liability – commercial and personal exposures
- Limits available for $1mm up to $5mm in excess of primary policies
- Self insured Retention - minimum $10,000
- Excludes Professional Liability coverage
- Minimum premium $300 annual
Underwriting Considerations
- Refer to application on website for
Primary Liability coverage requirements
- Aircraft liability coverage may be
included on referral to company
- Watercraft limited to inboard / outboards
under 100 HP and 26 ft in length
- Maximum commercial annual receipts $2,500,000
- Primary carriers must meet underwriters requirements – a list of acceptable companies is available upon request
