Trades & Contractors

It is providing an insurance package product that targets two segments: 1) Burgeoning property maintenance industry that includes services ranging from exterior cleaning (windows, gutters etc.), siding repair/installation, and fencing & deck repair and construction for residential and commercial properties and 2) Massive home and commercial renovation segment that targets contractors involved in framing, drywall, carpentry, flooring, appliance installation and related activities. This product provides options to build a custom package including Commercial General Liability, Rip and Tear (faulty workmanship) coverage, Tools Floater, Installation Floater and various limit options to choose from.

OVERVIEW

Highlights

  • Payment Options: Monthly and Annual
  • Eligible in all Canadian provinces and territories, except Quebec
  • Blanket Additional Insured Endorsement is included in this product

Certificate Requests

  • Brokers may issue Certificates of Insurance with Additional Insureds, in house, as per client’s request
  • Please submit a copy of every certificate issued to the client
  • A certificate will not be valid unless a copy is provided.

Standard Eligibility Criteria

  • Industry experience of 3 years or more, except for Deck Installation which requires experience of 5 years+
  • Annual Gross Revenue must be under $1 Million
  • Subcontracted work should be less than 30%
  • Subcontractors must carry a minimum of $1MM Liability Insurance
  • No claims in the last 5 years
  • No prior insurance cancellations and/or non-renewal

ElIGIBLE CLASSES

A list of eligible classes:

  • Acoustical Panel Installation
  • Aluminium Awning Installation
  • Antennae/Satellite – Installation & Repair
  • Appliance Installation & Repair – Commercial
  • Appliance Installation & Repair – Household appliances only
  • Auto Cleaning/Car Detailing
  • Automobile Ambient Lighting Installation
  • Automobile Infotainment, Mobile and Sound System Installation
  • Bricklaying
  • Cabinet Installation
  • Carpentry
  • Decks – Residential Only
  • Doors and Windows Installation
  • Drywall Installation and Plastering
  • Eavestrough and Gutter Installation, Maintenance and Cleaning (3 storeys or less)
  • Fence Installation – Electric (farm use only)
  • Fence Installation – Residential Only (No electric fencing)
  • Flooring Installation & Removal – including Tiling and Concrete Paving
  • Flooring Installation & Removal – Not including Tiling and Paving
  • Framing Buildings – Wood Only
  • Lawn Sprinkler System Installation – Residential work only
  • Locksmiths – No alarm system work
  • Masonry
  • Siding Installation
  • Sign Installation, Erection & Repair
  • Window Cleaning

Any engagement in following activities is unacceptable:

  • Working with, handling, stripping and removal of asbestos
  • Toxic waste disposal sites
  • Aviation risks/products
  • Marine exposure
  • Manufacturing
  • Working with explosives
  • Farm contracting
  • Repair of automobiles, or any motorized vehicles and associated parts
  • Ammunition, fuses, cartridges, gunpowder, nitro-glycerine or explosive gasses
  • Rail and sidetrack work
  • Offshore operations
  • Heavy Construction Projects (Project values > $20M)
  • Highway and street construction including bridges, tunnels and elevated highways
  • Roofing
  • Sewer and drain construction and cleaning
  • Any work or sales in USA
  • Hauling any goods
  • Snow removal

COVERAGE & WORDINGS

Limits per Occurrence and Aggregate
  • $1,000,000
  • $2,000,000
  • $3,000,000
  • $4,000,000
  • $5,000,000
Products and Completed Operations Liability (Aggregate Limit)
  • $1,000,000
  • $2,000,000
  • $3,000,000
  • $4,000,000
  • $5,000,000
Personal Injury and Advertisers Liability Limit
  • $1,000,000
  • $2,000,000
  • $3,000,000
  • $4,000,000
  • $5,000,000
Employee Benefits Liability Limit
  • $1,000,000
Medical Expenses (Per Person) Limit
  • $10,000 (Included)
  • $25,000
Tenants Legal Liability (Per Location) Limit
  • $500,000 (Included)
  • $1,000,000
  • $2,000,000
Non-Owned Automobile Liability Limit
  • $1,000,000 (Included)
  • $2,000,000
Hired Automobile Coverage S.E.F 94 Limit
  • $50,000
Available Limits
  • $10,000
This coverage will help cover the cost of tearing out defected parts deemed unsafe and unacceptable to the project, as a result of faulty workmanship.
Available Limits
  • $5,000
  • $10,000
  • $15,000
  • $20,000
Available Limits
  • $5,000
  • $10,000
  • $15,000
  • $20,000
Standard CGL Endorsements
  • Minimum Earned Premium 100%
  • Heat Application Conditions Precedent to Coverage
  • Underground Services Warranty
  • Subcontractor Insurance Warranty ($1 Million)
  • Explosion, Collapse and Underground Exclusion
  • Certificate Holders Endorsement ( Blanket Additional Insured Endorsement)
Optional CGL Endorsements
  • Motor Restoration, Renovation and Repair Exclusion
  • Workshop Exclusion
  • Operations Exclusion (Airport, shopping malls)
  • Height Limit Warranty 2 Storey
  • Height Limit Warranty 3 Storey
  • Height Limit Warranty 4 Storey
  • Water Ingress Exclusion
  • Building Envelope Remediation Exclusion
  • Standard Property Endorsements (Applicable if Property/Tools coverage is purchased)
  • Replacement Cost ENdorsement (5 years)
  • Burglar Alarm System Warranty
  • Locked Vehicle Warranty
Applicable optional CGL endorsements are based on the business operation selected. You can download all endorsements/exclusions documents from the 'Resources' Tab.

Wordings

 

RESOURCES

Available Documents for Download