Business Insurance St. John's NL

Business owners invest considerable time, energy, money and personal commitment into building a successful operation. Imagine, then, the devastating consequences of a fire, lawsuit, property damage, criminal activity and other crises that could happen to almost any business owner.

Action Insurance Services Inc
(709) 738-2258
St. John's, NL
 
Johnson Inc Insurance
(709) 737-1110
St. John's, NL
 
Ail Canada-American Income Life Insurance Company
(709) 722-5291
St. John's, NL
 
Johnson Inc Insurance
(709) 737-1542
St. John's, NL
 
Johnson Inc Insurance
(709) 737-1592
St. John's, NL
 
Newfoundland Insurance Agency Co Ltd
(709) 753-8619
St. John's, NL
 
Johnson Inc Insurance
(709) 737-1579
68 Portugal Cove Rd
St. John's, NL
 
Stoyles Insurance Services Ltd
(709) 368-1306
St. John's, NL
 
Johnson Inc Insurance
(709) 737-1020
St. John's, NL
 
Johnson Inc Insurance
(709) 737-1565
St. John's, NL
 

Business Insurance

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(NC)-Business owners invest considerable time, energy, money and personal commitment into building a successful operation. Imagine, then, the devastating consequences of a fire, lawsuit, property damage, criminal activity and other crises that could happen to almost any business owner.

"Insurance exists to protect the things we work hard to build," says Simon Gilmartin, vice president of Insurance Business Markets at RBC Insurance. "When a business suffers a setback such as a business interruption, burglary or the loss of a key decision maker, the owner needs to be ready for the associated costs."

Here are some key insurance products business owners should be familiar with:

o Liability insurance provides protection from the threat of being sued for injuries caused to another person, damage to their property or liability associated with having your product injure someone.

o Business overhead insurance covers a business's fixed monthly expenses in the event the owner becomes ill or disabled.

o Trade credit insurance protects a business from the consequences of unpaid accounts receivables.

o Business interruption insurance provides protection by replacing lost earnings, should a business close for an extended period of time.

o Creditor insurance, such as the Business Loan Insurance Plan from RBC Royal Bank, can pay off the insured portion of a business loan if a key member of the management team or owner passes away.

o Commercial property and auto insurance protects property and automobiles owned by a business, against a wide range of risks.

For more information on business insurance, visit your local RBC Insurance branch, call 1-877-91-ROYAL (1-877-917-6925) or visit www.rbcinsurance.com/business.

- News Canada