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Business Insurance

Protect everything you’re working for. We make sure your coverage fits perfectly.

Business Insurance - Solutions for Companies of all Sizes.

Say goodbye to a one-size-fits-all policy and hello to choice.  Get protection that evolves with you, supporting your journey and adapting to meet your risks.  With a wide selection of Canada’s best insurers and over 40 years of experience, we tailor your coverage at a competitive price so you can focus on other things.

Our Services

Construction

No matter what size project you're working on, we have coverage for it.

Hospitality

With a wide range of hospitality insurance options, we have what you need.

Manufacturing

From manufacturing, wholesaling to distribution, we'll ensure your business runs smoothly.

Non-Profit

Protecting your employees, assets, volunteers, directors and officers, and your mission.

Strata & Realty

Real estate owners are exposed to a variety of risks, we can help.

Professional Services

As a business owner, you want to make sure all your bases are covered… Schill can help.

Commercial Marine

Marine-related risks don’t have to be a pain in your rudder, we’ve got you.

Fleet

the easiest way to protect your company’s vehicles and your drivers is through our commercial auto experts.

New Home Warranty

New homes built in BC are protected by 2-5-10 home warranty insurance.

Trade Credit

Our Trade Credit products have been thoughtfully designed to mitigate your risks.

Wholesale & Retail

Our approach includes a thorough assessment of your risks and solutions tailored to meet your specific needs.

Cyber Insurance

Cyber insurance is tailored to meet your company's specific needs.

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Frequently Asked Questions

What is General Liability Insurance (CGL)?

A typical CGL policy provides coverage for claims of bodily injury or other physical injuries, personal injury (libel or slander), advertising injury and property damage as a result of your products, premises or operations, and can be offered as a package policy with other coverages such as Property, Crime, Automobile, etc. As a safeguard against liability, CGL enables you to continue your normal operations while dealing with real or fraudulent claims of negligence or wrongdoing. CGL policies also provide coverage for the cost to defend and settle claims.

How Much Coverage Does Your Business Need?

The amount of coverage that your business needs depends on three factors: perceived risk, where you operate your business and the type of products you manufacture. - Perceived Risk – Consider the amount of risk associated with your business operations and functions. For instance, if you manufacture heavy machinery, you would generally need more coverage than another organization that manufactures stuffed animals. - Premises and Operations Liability – If you operate in a province or area that has a reputation for rewarding high damages, then you may wish to purchase higher limits of liability. - Type of Product Manufactured – If you manufacture a dangerous product, you may want to carry higher limits of liability.

What is co-insurance?

Co-insurance is a clause used by insurance companies on policies covering property such as buildings, contents, stock, or industrial equipment. This clause makes sure policyholders insure their property to an appropriate value and that the insurer receives a fair premium for the risk, whether on a replacement cost basis or on an actual cash value basis (subject to depreciation). The co-insurance clause can also be found on business interruption policies where it ensures that policyholders insure their revenue stream to an appropriate value.

What is D&O liability insurance?

Unlike a commercial general liability policy that provides coverage for claims arising from property damage and bodily injury, a D&O policy specifically provides coverage for a "wrongful act,” such as an actual or alleged error, omission, misleading statement, neglect or breach of duty. For example, a manufacturer told one of its suppliers to increase inventory because they were expecting a large increase in production. As predicted, demand for the manufacturer’s product grew, but the manufacturer increased its inventory with another vendor. The original supplier successfully sued the manufacturer, alleging they suffered damages as a result of having relied on the manufacturer’s promise. A D&O policy provides defence costs and indemnity coverage to the entity listed on the policy declarations, which may include: •Coverage for individual directors and officers; •Reimbursement to the organization for a contractual obligation to indemnify directors and officers that serve on the board; and •Protection for the organization or entity itself. Indemnification provisions are typically included in the charter/bylaws of a corporation. While an important risk component, small to midsize privately held companies or non-profit organizations often do not have the financial resources to fund such indemnity provisions. A D&O policy provides an extra blanket of security in the event of a covered loss.

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