Commercial Advantage is our most popular product, and with good reason. It’s broad enough to work for a wide range of businesses and industries. Many of these companies serve the general public. Money is changing hands frequently and just staying open for business is a simple necessity.
Commercial Advantage is designed for:
- Club and Membership Organizations
- Offices
- Personal and Business Services
- Reality Owners
- Retailers
Commercial Advantage includes coverage for buildings, contents, computer equipment and general liability. Business Interruption, Accounts Receivable, Valuable Papers, and Crime coverage for loss of money and employee theft help business owners protect one of their most valued assets – money.
Some businesses may want to round out the Advantage with other types of protection. We offer the following options:
Commercial Advantage is not designed for:
- Detective and security services
- Environmental consultants
- Firearms and ammunition
- Furriers and jewelers*
- Pawnbrokers *
- Pubs, taverns, nightclubs and bars*
- Vacant buildings*
* Contact our Account Managers for individualized quotation if your business is represented in this list.
Property
Replacement Cost on Building and Contents |
Coverage
Included
|
| Blanket By-Laws |
Included |
| Blanket Glass |
Included |
| Debris Removal |
Included |
| Peak Season Increase (25%) |
Included |
| Accounts Receivable |
$50,000 |
| Valuable Papers and Records |
$50,000 |
| Fire Departments Service Charges |
$10,000 |
| Computer Equipment |
$50,000 |
| Computer - Media |
$10,000 |
| Computer - Breakdown |
$10,000 |
| Personal Property of Officers and Employees |
$10,000 |
| Outdoor Signs |
$10,000 |
| Professional Fees |
$25,000 |
| Exhibition Floater |
$10,000 |
| Transit |
$10,000 |
| Newly Acquired Buildings |
$1,000,000 |
| Contents at Newly Acquired Locations |
$250,000 |
| Consequential Loss Assumption |
$10,000 |
| Installation Floater |
$10,000 |
| Master Key |
$10,000 |
| Contents at Un-named Locations |
$50,000 |
| Fine Arts |
$50,000 |
| Land and Water Pollution Clean-Up First Party |
$10,000 |
| Business Interruptions |
Coverage |
| Actual Loss Sustained |
Included |
| Interruption by Civil Authority |
Two weeks |
Limited Contingent Loss of Income
(i) Neighboring Premises
(ii) Contributing/Recipient Property
|
$25,000
$25,000
|
| Off Premises Power |
$25,000 |
| Extra Expenses (100% 1st month) |
$25,000 |
| Crime |
Coverage
|
| Employee Dishonesty (Form A) |
$10,000 |
| Broad Form Money and Securities |
$5,000 |
| Custodian Coverage |
$5,000 |
| Money Order and Counterfeit Paper |
$5,000 |
| Depositors’ Forgery |
$5,000 |
Liability Coverage
- Bodily Injury and Property Damage
- Personal Injury and Advertising Injury
- Employees as Additional Insured
- Occurrence Basis Property Damage
- Broad Form Property Damage
- Blanket Contractual Liability
- Contingent Employers Liability
- Non-Owned Automobile
- SEF 94, 96, 99
- Non-Owned Watercraft (under 8 metres)
- Incident Medical Malpractice
- Incidental Acts for the Protection of Persons and Property
- Products and Completed Operations
- Limited Worldwide Liability
- Automatic Coverage on Newly Acquired Locations
- Tenants Legal Liability and Voluntary Compensation
- Attached Machinery and Equipment
- Cross Liability
- Medical Payments $10,000/person
- Canadian Currency Clause
- Employee Benefits $250,000
Optional Coverages
- Equipment Breakdown
- Earthquake
- Flood
- Sewer Back-up
- Directors and Officers Liability
- Error and Omission Liability
Professional Liability Extensions for:
- Veterinarians
- Funeral Directors
- Optometrists, Opticians
- Hearing Aid Specialists
- Barber Shop and Beauty Parlours
- Malpractice
- Errors and Omissions
- Umbrella Liability
Request a
no-obligation business insurance quote online or from an HS Financial Account Manager at 1-800-411-7979 to find out more.