Protect Your Business with a
Business Insurance Policy

Specifically designed for:

• Retail Stores
• Barber Shops
• Drug Stores
• Veterinarians
• Apartment Buildings
• Beauty Parlours
• Hearing Aid Establishments
• Offices & Office Buildings
• Condominiums
• Wholesale Operations
• Funeral Parlours

Your Business Insurance Policy Package (BIP) Covers...

Your Buildings
when you choose an amount of insurance for BUILDINGS. The coverage includes all buildings and structures on the premises including completed additions; permanently installed fixtures, machinery and equipment; outdoor fixtures; additions under construction, alteration or repairs, as well as the materials, equipment, supplies and temporary structures used for making them. It also covers property owned by you used to maintain or service the buildings or structures on your premises including fire extinguishing equipment, outdoor furniture, floor coverings, and appliances used for refrigerating, ventilating, cooking, dishwashing or laundering. - on an "ALL RISKS - Replacement Cost" basis.

Your Business Contents
when you choose an amount of insurance for CONTENTS. The coverage includes your merchandise, furniture, fixtures and equipment. If you are a tenant or Condominium Unit Owner, it also covers your interest in building improvements that you make or acquire. - on an "ALL RISKS - Replacement Cost" basis.

PLUS...

the following coverages are included in the BIP package for no additional charge:

• Loss of Income - (for up to 12 months past the date of direct physical loss or damage, regardless of when repairs are completed) caused by an interruption in your business or the untenantability of your premises resulting from a Covered Cause of Loss. This Policy also covers those expenses you incur to resume normal business operations after the loss.
• Crime Coverage - to protect your MONEY AND SECURITIES, MONEY ORDERS AND COUNTERFEIT PAPER CURRENCY, FORGERY AND ALTERATION exposures and also covers EMPLOYEE DISHONESTY. Money and securities limits are automatically increased by 25% to provide for seasonal fluctuations.
• Business Liability - to cover you for bodily injury and property damage claims arising out of your operations. If you are a tenant the policy also covers your TENANTS' LEGAL LIABILITY for damage caused by a Covered Cause of Loss to premises that you rent.
• Professional Liability - in addition to BUSINESS LIABILITY we also cover your PROFESSIONAL LIABILITY if your business is a DRUG STORE, BARBER SHOP, BEAUTY PARLOUR, FUNERAL PARLOUR, HEARING AID ESTABLISHMENT or VETERINARIAN.
• Automatic Fire Protection System Recharge Expense - to cover the cost of recharging your automatic fire suppression system if the discharge was caused by a Covered Cause of Loss. If the discharge occurred accidentally, we will cover up to $5,000 in expenses to recharge your system.
• Blanket Glass - to cover loss or damage to your building glass including lettering or ornamentation and encasing frames.
• Consequential Loss - to cover your Business Contents damaged by freezing, dampness or dryness of atmosphere, or changes or extremes in temperature if the loss results from the building or equipment in the building having been damaged by a Covered Cause of Loss.
• Cost Of Preparing Proof Of Loss - up to $1,000 for reasonable costs incurred by you in preparing the proof of your loss or any other exhibits required by this policy.
• Damage To Buildings by Theft - if you are a tenant and liable, damage to the building you occupy resulting from theft or attempted theft is insured.
• Debris Removal - up to an additional $5,000 to cover reasonable costs incurred by you in removing debris caused by a Covered Cause of Loss.
• Fire Department Charges - up to $1,000 to cover your liability for fire department service charges when the fire department is called to protect covered property from a Covered Cause of Loss.
• Increased Repair Costs - up to 25% of Building coverage for increased repair costs due to the enforcement of building codes and by-laws if your building is damaged by a Covered Cause of Loss.
• Inflation Protection - the amount of insurance on Buildings is automatically increased to provide for inflation.
• Newly Acquired Property - up to 25% of Building coverage, not exceeding $250,000 on new buildings, and 10% of Business Contents coverage, not exceeding $100,000 on business contents, at newly acquired locations.
• Outdoor Signs - covered, if attached to the building and the sign is damaged by a Covered Cause of Loss.
• Peak Season Increase - the amount of insurance on Business Contents is automatically increased by 25% to provide for seasonal variations.
• Personal Effects and Property of Others - which is not already insured, for up to $2,500 at each described premises.
• Pollution Clean Up and Removal - up to $10,000 coverage for your expense to extract pollutants from land or water at the described premises resulting from a Covered Cause of Loss.
• Property - Off Premises - up to $5,000 may be applied to Building and Business Contents (other than money and securities) temporarily away from your premises.
• Removal of Insured Property - from your premises to protect it from loss or damage.
• Replacement Cost - both Buildings and Business Contents are insured for the cost of repairing or replacing without deduction for depreciation.
• Retailer's Product Impairment - if you are a retailer, we will reimburse you up to $5,000 per recall for lost profits due to a product recall.
• Tear-Out - we will pay the cost to tear out any part of the insured building if necessary to repair damage caused by covered water, liquid, powder or molten material damage.
• Trees, Shrubs and Plants - up to $500 per tree, shrub or plant to a maximum of $2,500 per occurrence for coverage against loss by fire, lightning, explosion, impact by aircraft, spacecraft or land vehicle, riot or civil commotion, vandalism or malicious acts.
• Valuable Papers - up to $2,500 coverage may be applied to the cost of research and other expenses incurred by you to reproduce books of account and other records damaged by a Covered Cause of Loss.
• Broad Form Completed Operations - which amends the "your work" liability exclusion so it only applies to that particular part of your work out of which the damage arises.
• Employees as Insureds - for bodily injury or property damage claims arising out of their duties.
• Employers Liability - for bodily injury claims by employees not covered under Workers' Compensation.
• Medical Payments - if bodily injury occurs on your premises, on the ways next to your premises, or as a result of your operations, we will pay up to $5,000 to cover necessary medical expenses, whether you are liable or not.
• Non-Owned and Hired Automobile Liability - for claims arising out of the use of non-owned vehicles for your business.
• "Occurrence Basis" Liability - for injuries due to unexpected or unintended happenings during the policy period.
• Personal and Advertising Injury - for claims arising out of libel and slander, false arrest, wrongful eviction, infringement of copyright, etc.

When purchased, the BIP Enhancement Endorsement will add the following additional coverages/limits to Your Business Insurance Policy:

Armour Insurance also offers the following insurance products:

• Life Insurance
• Insurance for your Residence and your Personal Property
• Farm Insurance
• Automobile Insurance (in jurisdictions that don't have Government Insurance)

Armour Insurance Group can offer you a custom commercial insurance program and a highly competitve quote!

At Armour we make getting affordable insurance as easy as:

To find out how Armour Insurance can meet your business needs,
please e-mail us at north@armourinsurance.ca
or by Telephone:

780.475.0959