Did you know that 25% of Canadian businesses are underinsured — or have no commercial coverage at all? The reasons vary. Over 40% of business owners feel they don’t need coverage. Another 20% admit that they simply don’t understand what type of coverage they need. Can you relate? After all, there are certain types of …
Types of Business Insurance Every Business Needs Read More »
Why Landscaping Businesses Need Insurance Do you own one of the more than 23,000 landscaping businesses in Canada? Even if you spend most of your day dealing with plants instead of people, you can’t overlook the human aspect of running your business. The truth is there are inherent risks in running any business — and …
When you first started your company, perhaps you didn’t see any real value in small business insurance. You may have reasoned, “We only help a few customers,” or, “The cost of business insurance isn’t worth it.” Then, as your business grew, you became so busy taking care of your customers that you didn’t have the …
As a business owner, you may always be hunting for ways to minimize your expenses but maximize your profits. One of the best ways to do that is to take advantage of every tax deduction you can. When we think of tax deductibles, we may consider rent, utilities, office supplies, and even vehicles as options. …
Did you know that there are nearly 35,000 new entrepreneurs in Canada every year? Canada is a place of progression and growth, and if you’re selling or transferring your business to one of those entrepreneurs, the question of insurance might come up. But, can business insurance be transferred to a new owner? Or, do they …
Can Business Insurance Be Transferred to a New Owner? Read More »
According to a recent study, there are 3.5 million entrepreneurs in Canada. Small business drives the Canadian economy, employing over 10 million. It would stand to reason then that protecting your business is essential. Yet, some details can go unnoticed with the excitement of starting a new business. One critical element for a startup’s survival …
Are you the proud owner of one of Canada’s 1.2 million small businesses? If so, you’ve no doubt poured your heart into creating your brand. You’ve built a good reputation in your community and you take good care of your employees. The question is: Are you giving the same concern and consideration to your business? …
When to Get Business Insurance: The Most Important Things to Know Read More »
Studies show that Canadian homes and businesses are underinsured by about Can$11 billion. This means that many of these businesses will not be financially prepared to cover unexpected life events. Getting the right insurance coverage is essential when you are starting a business. It can help prepare you for accidents or other emergencies. Do you …
You have worked hard to account for every possible disruption in your business. Protecting your enterprise is essential to your employees as well. Almost 98% of all companies in Canada are small businesses and account for 8.2 million jobs. Yet, as diligent as you are, some circumstances can still present dangers to your business. If …
What Insurance Does a Business Need by Law in Ontario? Read More »
Insurance for Contractors, What’s The Big Idea? Get Contractor Quote Insurance for any type of contractor has always been a mainstay for CIBI, encompassing a large portion of our clients in trades – home builders, plumbers, electricians, project managers, drywall, framers, and many other subcontractors. As the housing and condo markets boom, so does the …