Sunday, September 23, 2012

Event Cancellation Insurance

Event Can Plus Insurance 
Events large and small have one thing in common—they take lots of planning and involve significant expenditures. When planning an event, organizers anticipate every possible scenario and have contingency plans for each. But there are some circumstances that are beyond one’s control—and they can have a severe impact on the financial investment in the event. Natural disasters, lost supplies, airline strikes, power failures—all can dramatically impact events, and all of these scenarios are out of the organizers’ control.

We are pleased to announce that it now offers Event Can Plus Insurance through our MGA to cover lost revenue and/or expenses incurred because of unexpected cancellation or disruption of a planned event. Conferences, conventions, trade or consumer shows, meetings and seminars are just some of the business events that are prime candidates for this type of coverage. 

Coverage Details
  • Policy Form - The insurance is written on an occurrence basis
  • Capacity - Limits up to $5 million
  • Minimum premium - $350 
  • Territory - Events in Canada only
The target market for this coverage is planners of events such as business meetings, conferences, conventions, trade and consumer shows. This is because many of the professionals, associations and entities for which we provide liability insurance frequently hold events of this nature. However, coverage may also be available upon inquiry for other types of events.

Losses That Qualify for Reimbursement/Coverage
  • Cancellation
  • Curtailment or abandonment 
  • Postponement 
  • Removal to alternate premises 
  • Failure to vacate 
  • Enforced reduced attendance of attendees or exhibitors
Other Details
  • Lloyd’s is the insurer
Claims Example:
Event Cancellation

• A storm that hit  the West Coast; led to the cancellation of; an auto parts exchange show. Drains in the parking lot of the stadium where the show was to be held were not working and the lot flooded, preventing access to the facility by both exhibitors and attendees.

• A well-known author was scheduled to give a keynote speech at a community-wide open house organized by a university in the Pacific Northwest. The author was unable to attend due to illness and the university’s open house weekend was cancelled.

These Claims Examples are for illustrative purposes only. Please remember that only the insurance policy can give actual terms, coverage, amounts, conditions, and exclusions.

Sunday, September 9, 2012

Errors and Ommission (Professional Liability) and Commercial General Liability

Your 1st Stop for Errors and Omissions Insurance

Tailored liability insurance products, designed by our suppliers, for each of the following professionals;
  • Architects & Engineers
  • Information Technology Professionals
  • Environmental Consultants
  • Multimedia Professionals
  • Insurance Brokers and Life Agents
  • Miscellaneous Professionals
  • Packaged Insurance Products [CGL and E&O]
  • The flexibility to cover a variety of operations including US sales
  • Manuscript forms tailored to each profession (ie. Tech and Media product protects against allegations of infringement of intellectual property rights)
  • First Dollar Defense Coverage
  • Competitive Pricing

Wednesday, July 25, 2012

Professional (Errors and Omissions) Liability Insurance for Life Insurance Agents in BC

Life Insurance Agents Professional Liability Insurance


  •  No association fees are required
  •  Premiums as low as $500 for the E&O 
  •  Limits of $5 million are available 
  •  Defense costs coverage in addition to the policy limit 
  •  First dollar defense coverage 
  •  Coverage for dishonest/criminal acts committed without employer's knowledge 
  •  Extended reporting period 60 days automatic and optional extension up to 3 years 
  •  Domestic carrier with A-rating from AM Bests 
  •  Simple application process and "fast" quote turnaround
 TARGET RISKS: Life Insurance Agents – any fee size

Contact us for a competitive quote on on an upcoming renewal, a new agent, or any assistance for life insurance agent's professional liability insurance, phone number 604-408-8695 or  1-888-267-4461

Sunday, February 19, 2012

Vancouver Office Insurance - Special

Premises only Liability Insurance with minimum property and extension coverages for Offices in Vancouver Area. 

Rate and Premium Indication:
CGL (Designated Premises Only) Premium:

  • $600 for $1,000,000 limit (additional location at $150)
  • $750 for $2,000,000 limit (additional location at $200)
  • $850 for $3,000,000 limit (additional location at $230)
  • $900 for $4,000,000 limit (additional location at $250)
  • $950 for $5,000,000 limit (additional location at $275)

  • Minimum Property Coverage - Premium $250 is required.

Automatic Extensions:
  • Newly Acquired Business Personal Property
    $50,000 for 90 days
  • Personal Effects
    $2,500 per officer; $5,000 policy year
  • Accounts Receivable
  • Valuable Papers
  • Property Off Premises including Property on Exhibition
  • Property in Transit
  • Growing Plants, Lawns, Trees, Shrubs and Flowers
    $1,000 per plant; $10,000 per occurrence
  • Glass
    Automatically included for building owners and tenants if liable.
  • Debris Removable
    5%, maximum $50,000
  • Fire Department Service Charges
  • Protect of Property
  • Fine Arts
  • Building Damage by Theft
  • Professional Fees
  • Automatic Fire Suppression System Recharge Expense
  • EDP Equipment and Media
  • Automatic Inflation Adjustment
  • Building By-Laws
  • Installation Floater
  • Tenant’s Leasehold Interest – Rents
  • Lock and Key Replacement
  • Condominium Unit Coverage
    $10,000 Loss Assessment $25,000 Contingent Building Coverage
  • Tenant’s Legal Liability
  • Broad Form Money and; Security

    Please call at our Specialist, Ariel at 604-408-8695 or toll free 1-888-267-4461 for details.

Monday, January 9, 2012


-  Electricians
-  Plumbers
-  Air Conditioning ; Refrigeration Contractors
-  Excavators
-  Carpenters
-  Higher Hazard Classes acceptable, such as:
     * Blasting
     * Welding
     * Roofers
     * Demolition

Competitive Rates!

Try us for an alternate quote on an upcoming renewal.  You will be pleasantly surprised!