Contractors Plus, Contractors Plus Enhanced and Contractors Plus Enhanced excluding Profits

Three great products to protect you better!  Select which one best meets your insurance needs.


Eligibility

⪧ Minimum $5,000 on Commercial Property and $1,000,000 Commercial General Liability

⪧ No more than one loss exceeding $10,000 or 2 losses of any size within the last 3 years

⪧ Buildings over 35 years old must be upgraded to current standards and building codes

⪧ Minimum 3 years in business

⪧ Maximum $5,000,000 annual gross receipts

⪧ Maximum 10% foreign sales

⪧ Operations restricted to within Canada

Coverages and Limits

  Contractors Plus Contractors Plus
Enhanced
Contractors Plus
Enhanced excluding Profits
Property Coverages Limits Limits (Part I) Limits (Part I)
Building By-Laws Included Included Included
Consequential Loss 25,000 Included Included
Glass Included Included  Included 
Personal Property of Employees 500 each 1,000 each 1,000 each
Removal/Protection of Property  7 days 30 days 30 days
Replacement Cost
No same site requirement
Included Included Included
  Specified Limits Blanket Limit 500,000 (Part II) Blanket Limit 500,000 (Part II)
Accounts Receivable 50,000 Included Included
Automatic Fire Suppression Systems Recharge Expense Not Covered Included Included
Brands and Labels Not Covered Included Included
Broad Form Amendment Not Covered Included Included
Computer Form 25,000 Included Included
Damage to Buildings By Burglary or Robbery 10,000 Included Included
Environmental Improvements
Maximum 125% of Replacement Cost
Not Covered Included Included
Expediting Expenses Not Covered Included Included
Extra Expense 25,000 Included Included
Fine Arts
Maximum 2,500 any one item, pair or set
25,000 Included Included
Fire Department Charges 25,000 Included Included
Growing Plants 500 each,
10,000 aggregate
1,000 each,
Included
1,000 each,
Included
Home Office Extension Not Covered Included Included
Leasehold Interest 25,000 Included Included
Master Key 10,000 Included Included
Peak Season, 25% of Contents amount 100,000 Included Included
Professional Fees 25,000 Included Included
Roadways, Walkways, Parking Lots Not Covered Included Included
Valuable Papers 50,000 Included Included
  Limits Limits (Part III) Limits (Part III)
Arson Reward Coverage Not Covered 10,000 10,000
Condo Unit Owners Extension
- Contingent Insurance
Not Covered 25,000 25,000
Condo Unit Owners Extension
- Improvements & Betterments
Not Covered 25,000 25,000
Condo Unit Owners Extension
- Loss Assessments
Not Covered 25,000 25,000
Contents Loaned, Rented or Leased Not Covered 25,000 25,000
Contractors Equipment, Blanket Not Covered 25,000 25,000
Replacement Cost, Equipment and Tools 3 years 5 years 5 years
Rental Reimbursement, Equipment 1,000/day,
10,000 aggregate
2,500/day,
25,000 aggregate
2,500/day,
25,000 aggregate
Contractors Tools, Blanket 10,000 10,000 10,000
Deferred Sales Not Covered 25,000 25,000
Exhibition Floater 25,000 25,000 25,000
Inflation Protection 3% 3% 3%
Land and Water Pollution Clean-Up Not Covered 25,000 25,000
Newly Acquired Locations - Buildings 30 days 500,000 60 days 1,000,000 60 days 1,000,000
Newly Acquired Locations - Contents 30 days 250,000 60 days 500,000 60 days 500,000
Off Premises Power/Services Interruption Power only 25,000 Power, heat, water, 25,000 Not Covered
Other Transit 25,000 25,000 25,000
Prohibited Access by Civil Authority, Extra Expense & Profits Forms 2 weeks 30 days 30 days
Profits ALS ALS Not Covered
Profits - Contributing Property 25,000 25,000 Not Covered
Rented, Leased or Loaned Contractors Equipment Not Covered 100,000 100,000
Sales Representative Not Covered 10,000 10,000
Signs 10,000 25,000 25,000
Temporary Locations 25,000 25,000 25,000
Crime Coverages Limits Limits (Part IV) Limits (Part IV)
Employee Dishonesty Form A 5,000 10,000 10,000
Broad Form Money & Securities 5,000 10,000 10,000
Money Orders and Counterfeit Paper Currency 5,000 10,000 10,000
Depositor's Forgery 5,000 10,000 10,000
Loss Inside the Premises Overnight Limitation 500 500 500
Liability Limits Limits (Part V) Limits (Part V)
Rip and Tear 10,000 10,000 10,000
Subject to terms, conditions and exclusions of the policy.

Contact your independent insurance broker for other eligibility and minimum insurance requirements.


Brochure


Payment Plans

When you buy insurance from Peace Hills, you can choose from three convenient payment plans.

Click here to learn more.


FIND A BROKER

With brokers across Western Canada you can always find great service near you.

Find A Broker

epost™

GO GREEN! Your home and auto insurance policies are available through epost™.

Learn More