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Showing posts with the label contractors insurance in Canada

CHES Special Risk shares a guide for Small Contractors Insurance

Contractors face numerous risks from construction sites, legal and regulatory laws and transferred liability from general contractors. Small businesses are especially susceptible to risk, and WITHOUT adequate insurance coverage, they may be exposed to bankruptcy and closure. Regardless of the size of the business, owning insurance is vital for the long-term survival of any business. CHES Special Risk is a leader in providing contractors insurance Canada since 18 years in Canada. CHES Special Risk’s expert underwriters can provide a tailored policy that gives realistic cover at the right price for: Carpenters Flooring gypsum like small contractors Highlights of CHES Special Risk Small Contractor Insurance in canada product offering: The replacement cost coverage for the tool floater is on items up to 3 years old Coverage limits of up to CAD$5,000,000 are available, and can offer through the Wrap-ups 12 or 24 months Completed Operations coverage CGL extensions for Faulty workmanship,...

Top 5 Benefits Of Buying A Contractors Insurance In Canada

 A construction site is prone to dangerous accidents and mishaps due to natural circumstances. The contractors insurance policy provides comprehensive or specific protection against damage or loss occurring at the construction site due to accidents, injuries, site asset management, etc. This insurance is mainly for builders, architects or site engineers. In Canada, CHES Special Risk is the best commercial insurance companies in canada . Some of the benefits of buying contractors insurance are as follows: 1. Covers damage due to unforeseeable circumstances An infrastructure under construction is subject to several threatful events like damages due to fire or wind, the unexpected occurrence of natural calamity, and numerous other unforeseeable events. Buy contractors insurance that specifically endorses such events and helps in making up for the losses caused by the events. However, compensation can be availed only for the limited sum of the amount mentioned in the poli...