Types of insurance
At Federated Insurance, we think it’s important that you fully understand the business insurance options that are available to you. That way, you can make informed decisions about your coverage and ensure your bottom line is protected. Federated Insurance is proud to offer a range of coverages to help meet the needs of Canadian businesses in many sectors.
What kinds of coverages does Federated Insurance offer?
With a selection of insurance offerings, we’re confident that we have the right coverage for you – but it’s important that you first understand your options.
If your business suffers from a large fire, forcing you to close your doors for some time, which coverage will help cover your employees’ salaries and your day-to-day costs while you get back on your feet? If your business is the victim of a robbery, which coverage will help cover the costs of replacing your stolen equipment? Below, we answer these questions and more by outlining our various coverages and what they can do for a business like yours.
What is cyber risk insurance?
Cyber risk insurance helps support your business if devices or documents are lost or stolen, or if computer networks are breached, leading to information being stolen or ransomed, operations interrupted, and other consequences.
What is commercial general liability insurance?
Commercial general liability insurance is the foundation to any liability insurance program for business owners. It’s designed to protect business owners if they’re found legally liable for bodily injuries or property damage to a third party.
What is business interruption insurance?
If your business suffers a large loss and you’re forced to close down your operations for an extended period of time, business interruption insurance is designed to help cover your day-to-day costs like employees’ salaries.
What is commercial property insurance?
No matter what kind of business you run, you likely rely on a building, equipment, inventory, or supplies of some kind. Commercial property insurance works to protect those assets, with specific protection for flood, earthquake, and property away from scheduled locations.
