Answers to Popular Questions
s a home-based business covered under my residential policy?
No. Residential policies exclude business or commercial belongings, as well as professional liability.
Intact Insurance offers additional protection that covers the business you run from your home by extending your homeowner's policy and adding professional liability insurance to the package.
For more information, contact one of our representatives.
Am I insured in the event of a power failure that lasts several days?
Insurance policies do not generally cover the additional expenses incurred as a result of an extended power failure, unless the authorities order your area evacuated.
Intact Insurance offers additional coverage which enables you to pre-select an amount that you will be reimbursed per day, in the event of an extended power failure. This can be used to cover any of your incurred expenses, such as: lodging, heating wood, meals in restaurants, protection of your goods, etc.
Is my insurance coverage adequate?
Have your needs assessed by a professional to determine the coverage you should obtain for material loss, death, disability, illness, etc. In the event of death, a life insurance policy may be essential for giving your dependants a replacement income or paying off your debts, such as a mortgage, or inheritance tax.
Do I need a will?
If you die intestate (without a will), your assets will be distributed according to provincial law – perhaps differently than you intended. You should review your will about every five years, or whenever there is a change in your family circumstances.