From a legal standpoint, your company can be held liable for any damages its activities or staff cause to others. The commercial general liability insurance covers incidents such as personal injury or property damage to your customers and visitors, inside and outside your facilities. This insurance can also cover defense and settlement costs, as well as damages that must be paid to third parties as a result of a lawsuit. The experts at Magnat Ravary Assurances have the necessary expertise to assess the best coverage for you, based on your business activities, to make sure that you are adequately protected in the event of legal action.
Professional liability insurance has the purpose to protect you as a professional, and to cover your business for any damages it could inflict to others, whether it is property damage or personal injury caused by fault or negligence in your professional activities. This insurance protects you in the event of criminal prosecution as a result of your company’s operations, by paying all costs for your defense. In case the judgement against you is unfavorable, the plaintiff will be compensated up to the amount outlined in your policy limit. As such, this insurance covers you not only as a professional, but also protects your reputation from alleged malpractice, especially if it proves to be unfounded. Enlist our help and benefit from a corporate liability insurance custom tailored to your needs and your industry.
Examples of incidents covered by commercial general liability:
Errors and Omissions Insurance protects you from the potentially costly consequences of unfortunate accidents, negligence or breaches that may inadvertently result from your professional practice. Initially designed for lawyers, doctors and engineers, this type of insurance is now offered to professionals from all backgrounds. In fact, it acts as a supplement to commercial general liability insurance. Our experts will make sure to find the most competitive and effective coverage for you, in regards to your specific business needs.
Entrust us with your insurance and you will get:
Peace of mind
Regardless of the type or value of your real estate investment, we will make sure that you get the best possible coverage, at a competitive rate.
Whether you have a single truck or an entire fleet, the experts at Magnat Ravary Assurances are here to provide you with the best possible coverage.
We offer a personalized solution for car dealerships, garages and body shops. This sector in particular requires an approach that is perfectly adapted to the needs of each business.
The manufacturing sector is among the principal driving forces of our economy. By enlisting Magnat Ravary Assurances as your business partner, you guarantee your company’s growth and your peace of mind.
The construction sector is essential to our economy. In this business, you must be prepared with the best possible coverage to deal with any challenge that may arise.
In finance, a surety involves any person or company bound by a commercial contract of public order or scope, that wishes to ensure protection against potential financial losses.