Supernova Insurance Solutions for SMEs

At Supernova, we specialize in providing robust insurance solutions tailored for small and medium-sized enterprises (SMEs). Our comprehensive package policies are designed to cover a wide range of needs, ensuring your business is protected against various risks.

Our Package Policy

Property Coverage

Total Insurable Value (TIV) up to $2,000,000.
All Risk Coverage, including Flood, Earthquake, and Spoilage due to Breakdown (SBU).
Coverage for Equipment, Stock, and Contents.
Standard Extensions of Coverage.
Minimum deductible of $500.
Business Interruption coverage based on Actual Loss Sustained.

Liability Protection

Coverage limit up to $5,000,000, with a sales cap of $2,000,000.
Includes Bodily Injury, Property Damage, Personal & Advertising Liability.
Medical Payments and Tenants Legal Liability.

Inland Marine

Incorporated within the Property limit.
Covers Contractors Equipment, Miscellaneous Tools.
Additional coverages as part of Extensions of Coverage.

Crime Insurance

$10,000 Limit.
Protection against Employee Dishonesty, In/Out Risks.
Coverage for Money Orders & Counterfeit Currency, Depositors Forgery, Credit Card Forgery, and Securities in Safe Deposit Boxes.

We specialize in 5 Major Industry Classes with the following package policy extensions

Business Personal Services

We specialize in 5 Major Industry Classes with the following package policy extensions

Business Personal Services

Limits & Eligibility

TIV: Up to $2,000,000 (Contents only, no building coverage).
Sales: Not to exceed $2,000,000.
CGL: Options for $1M, $2M, & $5M per occurrence and aggregate.
Premium Range: $1000 Min to $5000 Max.

COPE Standards

Eligible for risks in IBC codes with Hazard Grades 1-7 (Low-to-Moderate).
Protection for premises in Protected & Semi-Protected Town Grades 1-7.
Applicable to Construction Classes 1-6.
Year Built: Eligible for premises built since 1995 (with updates within the last 10 years for older buildings).

Ineligible Risks & Classes

Risks with Building Ownership or Equipment Breakdown Coverage.
IBC Codes with Hazard Grades 8-10 (High to Severe Hazard).
Risks in TG 8-10 (Unprotected).
Ineligible industries include Farming, Fishing, Government, Logging, Manufacturing, Mining, Recreation, Transportation, Utilities, and Realty.

At Supernova, we are committed to providing comprehensive, quick, and efficient coverage for the widest range of industry codes. Contact us to find out how we can protect your business today.

Coverage	Limit of Insurance
Property
Contents of Every Description (Equipment and Stock):	Up to $2,000,000
$1,000 Deductible Ninety Day Cancellation Clause (Except for Non-payment of Premium) Replacement Cost (Building and Contents excluding Stock) Co-Insurance Waiver – $50,000 Sewer Back-up – $5,000 Deductible Flood – $25,000 Deductible Earthquake – 5% or $100,000 Minimum Deductible Personal Property of Officers and Employees Building Damage by Theft Growing Plants, Trees, Shrubs or Flowers in the Open – $500 per Item/$5,000 Aggregate Debris Removal – up to 25% of loss
Business and Persona Services Extensions of Coverage Endorsement:
Building By-laws	Included in Building Limit
Land and Water Pollution Cleanup (First Party)	$10,000 Aggregate
Building Inflation Protection	Determined by Statistics Canada
Glass	As Required
Roadways, Walkways, Parking Lots	Included in COED
Underground Utilities	Included in COED
Land Replacement	Included in COED
Snowslide, Landslide and Subsidence	Included in COED
Confiscation or Seizure of Property	$25,000
Infestation	$25,000
Arson, Burglary, Robbery and Vandalism Reward	$10,000
Environmental Replacement	$50,000
Stock Spoilage	Included in COED
Brands and Labels	Included in COED
Property of Others for Which the Insured is Legally Liable (Excluding Storage)	$10,000
Fine Arts	$25,000
Exhibitions	$25,000
Service Interruption (Physical Damage)	$50,000
Contamination By A Refrigerant	$50,000 Aggregate
Mobile Inventory Management Equipment	$50,000 Aggregate
Goods on Consignment/Deferred Sales	$25,000 Aggregate
Inventory Preparation Costs	$10,000
Penalties for Non-Delivery From Insured Loss	$25,000 Aggregate
Peak Season Increase	+ 25% of “Stock Value” Up to $150,000 Maximum
Installation Floater	$25,000
Unscheduled Equipment and Tools	$1,000 Any One Item $5,000 Any One Loss
Computer Systems Breakdown	$25,000
Inventory Control Systems Software Erasure	$25,000 Aggregate
Unnamed and Temporary Locations	$25,000
Newly Acquired Locations – 60 Days	$500,000 Equipment/Stock
Courier Shipments and Parcel Post	$5,000
Property in Transit (including Aircraft and Watercraft)	$25,000
Sales Representative	$5,000
Expediting Expenses	$25,000
Accounts Receivable	Maximum Aggregate amount of $100,000 per occurrence
Valuable Papers and Records
Extra Expense
Professional Fees
Lock and Key Replacement
Exterior Signs including Street Clocks, Communication Towers, Antennae and Satellite Receivers
Fire Department Service Charges
Fire Equipment Recharge
Business Interruption – Business and Personal Services Extended Business Income Form	Actual Loss Sustained
Interruption by Civil Authority for Insured Premises or Adjacent Premises (4 Consecutive Weeks)	Included
Service Interruption for 90 Consecutive Days (48 Hour Waiting Period)	Included
Contingent Business Interruption for 90 Consecutive Days (Customers/Suppliers in Canada or continental U.S.A.)	Included
Extra Expense	Included
Expediting Expense	Included
Ordinary Payroll (90 Days)	Included
Newly Acquired Locations (60 Days)	Included
Liability – Commercial General Liability – ($1,000 BI/PD Deductible):
Bodily Injury and Property Damage (Per Occurrence)	Up to $5,000,000 Occurrence Limit $5,000,000 General Aggregate Limit
Products and Completed Operations	Included
Personal Injury	Included
Advertising Injury	Included
Employees As Additional Insured	Included
Occurrence Basis Property Damage	Included
Broad Form Property Damage	Included
Blanket Contractual Liability	Included
Extended Bodily Injury	Included
Contingent Employers Liability	Included
Incidental Medical Malpractice	Included
Medical Payments	$10,000 Any One Person $25,000 Per Accident
Intentional Acts for the Protection of Persons and Property	Included
Automatic Coverage on Newly Acquired Locations	Included
Cross Liability	Included
Attached Machinery and Equipment	Included
Canadian Currency Clause	Included
Non-Owned Watercraft (under 8 meters)	Included
Tenants Legal Liability (Broad Form)	$250,000
Vendors’ Liability Extension – Broad Form	Included
Products Recall Expense Extension ($5,000 Deductible)	$100,000 Aggregate Limit
Employee Benefits Liability (Claims Made Form)	$1,000,000 Aggregate Limit
Non-Owned Automobile Liability – S.P.F. No. 6 Includes:	$2,000,000
Legal Liability for Damage to Hired Automobiles Endorsement – S.E.F. No. 94 ($1,000 Deductible)	$50,000
Contractual Liability Endorsement – S.E.F. No. 96	Included
Reduction of Coverage for Lessees or Drivers of Leased Vehicles Endorsement – O.E.F. No. 98B	Included
Excluding Long Term Leased Vehicle Endorsement – S.E.F. No. 99	Included
Crime Comprehensive Dishonesty, Disappearance, Destruction and Forgery:
Employee Dishonesty – Form A (Commercial Blanket Bond)	$10,000
Loss Inside The Premises – Broad Form	$10,000
Loss Inside The Premises – Broad Form	$10,000
Money Orders / Counterfeit Paper Currency	$10,000
Depositors Forgery	$10,000
Credit Card Forgery	$10,000
Securities In Safe Deposit Boxes – Broad Form	$10,000
Newly Acquired Locations – 60 Days	$10,000
Crime Award	$2,500
Expense of Preparing Inventory or Audit	$2,500
Third Party Losses	$2,500

Supernova Insurance Solutions for SMEs

At Supernova, we specialize in providing robust insurance solutions tailored for small and medium-sized enterprises (SMEs). Our comprehensive package policies are designed to cover a wide range of needs, ensuring your business is protected against various risks.

Our Package Policy

Property Coverage

Liability Protection

Inland Marine

Crime Insurance

We specialize in 5 Major Industry Classes with the following package policy extensions

We specialize in 5 Major Industry Classes with the following package policy extensions

Limits & Eligibility

COPE Standards

Ineligible Risks & Classes

At Supernova, we are committed to providing comprehensive, quick, and efficient coverage for the widest range of industry codes. Contact us to find out how we can protect your business today.

Business & Personal Services Package

COVERAGE SUMMARY

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