Protect your business

Disability, critical illness or the early death of an owner or associate could have severe consequences for a business. Similarly, property damage caused by fire or flood, or even an injured client can cost your business dearly. Sometimes, your business's survival or transfer is at stake. That's why it's important to everyone - the owner and the owner's family, associates and employees - to protect your business.

Ensuring the continuity of a company's activities

Insurance guarantees a company can maintain its activities if such an event were to occur. For example:

• Repay loans and cover taxes due on capital gains in the event of the owner's death.
• Continue loan payments and cover basic operating expenses (rent, electricity, taxes, etc.) in the event the owner becomes disabled.
• Purchase an associate's share in the case of his or her death, disability or critical illness.
• Cover financial losses in the event a key person dies or becomes seriously ill.
• Ensure the inheritance is fairly divided, by bequesting an amount to the children of an owner who does not carry on the business.
• Coverage for loss of income due to fire or flood.
• Coverage for burglaries, cash embezzlement and theft.
• Coverage for sewer backups.
• Public liability coverage.
• Replacement value for the building and its contents.

Maintaining the family's lifestyle

Ensuring the financial security of the business and one's own family are primary concerns for a business owner. Good insurance allows the surviving family members to maintain their lifestyle if the business owner becomes gravely ill or disabled, or dies early.

	Online	See business insurance.
	At the caisse	Make an appointment with an advisor at a caisse.
	At a Desjardins Business Centre	Make an appointment with an account manager at a Desjardins Business Centre.