Insurance jargon: What do the terms really mean?
It’s important to be specific, especially when it comes to insurance issues. You need to know exactly what you’re covered for, when your coverage can
Small Business Insurance
You’ve put everything into your small business – we get that.
You want an insurance policy that’s flexible, meets your needs, and includes a number of extras for added peace of mind. That’s why we’ve put together a dedicated insurance package for small businesses to provide you with the coverage you need to help protect all the things you’ve worked so hard to build.
Insurance that makes sense for small businesses
Whether your business specializes in contracting, manufacturing, wholesale or consulting work, these core coverages will help support your long-term success.
Are you in a position to handle a lawsuit? Any incident that causes injury to a customer could lead to an expensive legal battle. Commercial general liability (CGL) insurance can help cover the legal costs associated with incidents causing bodily injury or property damage to a third party.
Whether you work out of your home, use a leased space, or own a commercial building, you have a range of assets that could be vulnerable to damage or loss. Commercial property insurance provides protection for your whole workplace – the building, its contents, and the elements surrounding the space.
Software, online tools, and cloud computing put your business at risk for cybercrime. If you do experience a cyber attack, cyber coverage can help with expenses involving data recovery, extortion, and business interruption. We also offer liability coverage for network security & privacy incidents, as well as internet media coverage.
Sometimes a small mistake can lead to a big problem for a customer, and you could be on the hook for the loss. Whether you provide goods or services, Errors and Omissions (E&O) coverage can help cover the costs of lawsuits that come from errors or omissions in your work or your products.
Pollution liability insurance is a coverage that protects businesses against third-party claims and first-party exposures resulting from pollution conditions caused by covered operations performed by or on behalf of a business. These claims could be for bodily injury, property damage, or environmental damage.
When it comes to insurance coverage, we go the extra mile.
Flexibility, experience, and confidence – that’s what you need to protect your business, and that’s where we can help.
Our small business package not only meets your needs, it goes above and beyond with an array of valuable extras that will offer peace of mind, and help you better handle the problems that may come your way. This small business package could be for you, if you meet these simple criteria ±:
- Less than $5M CDN in revenue ($3M CDN for Manufacturing & Contracting)
- Less than $10M CDN total insured value ($5M CDN per location)
- Maximum of four vehicles
We’ll consider any qualifying small business, with a few exceptions.
| COLUMN 1 (Province) | COLUMN 2 (Exclusion) |
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| Alberta |
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| British Columbia |
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| Manitoba |
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| New Brunswick |
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| Newfoundland & Labrador | None |
| Northwest Territories |
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| Nova Scotia |
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| Nunavut |
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| Ontario |
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| Prince Edward Island |
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| Quebec |
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| Saskatchewan |
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| Yukon |
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Our partnership with the Canadian Federation of Independent Business
We’re proud to be the exclusive business insurance partner of the Canadian Federation of Independent Business (CFIB), a non-profit organization devoted to championing small business with exclusive savings, helpful resources and a strong voice, representing more than 95,000 businesses. Since 1971, CFIB has advocated for Canadian independent business owners, fighting for fairer taxes and laws and regulations that will support their success.
We offer CFIB members exclusive perks through our partnership, including a year of complimentary legal helpline access for simply requesting a quote. Once you insure your business with us, you get cyber risk coverage at no additional cost, and can take advantage of all the tools, resources, and support that comes with a Northbridge policy.
If you’re already a CFIB member, talk to your District Manager about how to take advantage of this program.
Resources for Small Business
Key tips on how to prevent flood damage
Steady downpours, raging rivers, and rising water levels often lead to flooding, and that’s a growing concern for businesses. According to the Red Cross, floods
Closing time inspection checklist
Taking the time to ensure your building is safe before closing increases your chances that it will be safe when you return. It’s vital that
± The above is a description of eligibility and coverage available. Policy terms, conditions, and exclusions apply. Please contact your insurance broker for details.
* Legal Assist services are not provided for criminal, personal or insurance issues, do not provide representation in legal proceedings or legal fees coverage and are not an insurance policy. Legal Assist services are provided through ARAG Legal Solutions Inc. by lawyers licensed in the province or territory of your residence.
** Services provided by our Risk Services specialists. Services are intended to augment the customer’s own internal safety, compliance and risk management practices, and are not a substitute for retaining a risk management professional to perform a detailed or on-site assessment. Risk Management Assist is not an insurance policy and is not legal advice. We make no representations or warranties regarding the accuracy or completeness of the guidance provided.