Business Plus, Business Plus Basic & Business Plus Enhanced

Commercial Property

Business Plus Basic, Business Plus and Business Plus Enhanced

Three great products to protect you better! Select which one best meets your insurance needs.

Eligibility

⪧ Minimum $5,000 on Commercial Property and $1,000,000 Commercial General Liability

⪧ No more than one loss exceeding $10,000 or 2 losses of any size within the last 3 years

⪧ Buildings over 35 years old must be upgraded to current standards and building codes

⪧ Minimum 3 years in business

⪧ Maximum $5,000,000 annual gross receipts

⪧ Maximum 10% foreign sales

⪧ Operations restricted to within Canada

Coverages and Limits

	Business Plus Basic	Business Plus	Business Plus Enhanced
Property Coverages	Limits	Limits	Limits (Part I)
Building By-Laws	Included	Included	Included
Consequential Loss	25,000	25,000	Included
Glass	Included	Included	Included
Personal Property of Employees	500 each	500 each	1,000 each
Removal/Protection of Property	Not Covered	7 days	30 days
Replacement Cost No same site requirement	-	Included	Included
Replacement Cost Same site requirement	Included	-	-
	Specified Limits	Specified Limits	Blanket Limit 500,000 (Part II)
Accounts Receivable	50,000	50,000	Included
Automatic Fire Suppression Systems Recharge Expense	25,000	25,000	Included
Brands and Labels	10,000	10,000	Included
Broad Form Amendment	Not Covered	Not Covered	Included
Computer Form	25,000	25,000	Included
Damage to Buildings By Burglary or Robbery	10,000	10,000	Included
Environmental Improvements Maximum 125% of Replacement Cost	Not Covered	Not Covered	Included
Expediting Expenses	Not Covered	Not Covered	Included
Extra Expense	25,000	25,000	Included
Fine Arts Maximum 2,500 any one item, pair or set	25,000	25,000	Included
Fire Department Charges	25,000	25,000	Included
Growing Plants	500 each, 10,000 aggregare	500 each, 10,000 aggregare	1,000 each, Included
Home Office Extension	Not Covered	Not Covered	Included
Leasehold Interest	25,000	25,000	Included
Master Key	10,000	10,000	Included
Peak Season, 25% of Contents amount	100,000	100,000	Included
Professional Fees	25,000	25,000	Included
Roadways, Walkways, Parking Lots	Not Covered	Not Covered	Included
Valuable Papers	50,000	50,000	Included
	Limits	Limits	Limits (Part III)
Arson Reward Coverage	Not Covered	Not Covered	10,000
Condo Unit Owners Extension - Contingent Insurance	Not Covered	Not Covered	25,000
Condo Unit Owners Extension - Improvements & Betterments	Not Covered	Not Covered	25,000
Condo Unit Owners Extension - Loss Assessments	Not Covered	Not Covered	25,000
Contents Loaned, Rented or Leased	Not Covered	Not Covered	25,000
Deferred Sales	Not Covered	Not Covered	25,000
Exhibition Floater	25,000	25,000	25,000
Inflation Protection	3%	3%	3%
Land and Water Pollution Clean-Up	Not Covered	Not Covered	25,000
Newly Acquired Locations - Buildings	30 days 500,000	30 days 500,000	60 days 1,000,000
Newly Acquired Locations - Contents	30 days 250,000	30 days 250,000	60 days 500,000
Off Premises Power/Services Interruption	Not Covered	Power only 25,000	Power, heat, water, 25,000
Other Transit	25,000	25,000	25,000
Prohibited Access by Civil Authority, Extra Expense & Profits Forms	2 weeks	2 weeks	30 days
Profits - Actual Loss Sustained	Not Covered	ALS	ALS
Profits - Contributing Property	Not Covered	25,000	25,000
Sales Representative	10,000	10,000	10,000
Signs	10,000	10,000	25,000
Temporary Locations	25,000	25,000	25,000
Crime Coverages	Limits	Limits	Limits (Part IV)
Employee Dishonesty Form A	5,000	5,000	10,000
Broad Form Money & Securities	5,000	5,000	10,000
Money Orders and Counterfeit Paper Currency	5,000	5,000	10,000
Depositor's Forgery	5,000	5,000	10,000
Loss Inside the Premises Overnight Limitation	500	500	500