Corporate & Business Insurance

There Is No One-Size-Fits-All

At Health Risk, we understand that every business is unique and faces its own set of risks and challenges. This is why we believe in providing tailored corporate business insurance solutions that suit your specific circumstances and assets.

 

Whether you’re in a specific industry, have a small or large business, or have different financial goals, we take all these factors into consideration when recommending the right insurance policy for you. Our team of experienced insurance professionals can evaluate your individual needs and guide you towards the best insurance policies that offer protection for business creditors, business loans, wealth creation, or even split-dollar life insurance.

 

Don’t settle for a one-size-fits-all approach. Trust the experts at Health Risk to provide you with personalized insurance solutions that truly cater to your business’s unique requirements. Contact us today to discuss your insurance needs and let us help you safeguard your future.

Available Business Insurance Programs

The Benefits of Corporate & Business Insurance

Protection Against
Financial Loss

Business creditor protection and insurance offers security against unexpected scenarios and possible financial loss

Legal
Compliance

Complying with legal requirements is essential for avoiding costly lawsuits and penalties

Peace of
Mind

Safeguard your investment and your business with the best insurance you can get - and gain peace of mind.

Industry
Advantage

Adequate insurance will allow you to maintain a competitive advantage, showing customers and partners you’re a serious contender

Employee
Recruitment

By offering advantages such as key man insurance and split-dollar insurance, you’ll gain employee recruitment

Mitigation of
Business Risks

Investing in business insurance not only protects your company, but also helps mitigate any business risks associated with your operations.

Give Your Company a Competitive Edge
Protect Against All Financial Threats

When it comes to insurance, finding the right fit for your business is crucial. Whether you require Key Man Insurance or an all-in-one Executive Compensation Program, we can tailor insurance products to meet your specific needs.

 

While some businesses opt for individually underwritten policies to address their unique risks, we offer packages that bundle different types of coverage together. These packages come with lower premiums compared to separate policies.

 

At Health Risk, we have extensive knowledge and experience in designing business insurance programs that cater to your requirements in terms of coverage and expenditures. Our priority is ensuring that your insurance plan not only meets the current risks and structure of your business, but also adapts to your changing needs as your business evolves.

The Legalities of Corporate & Business Insurance

Compliance with provincial and federal regulations, proper documentation, and ethical business practices are vital components of corporate insurance. Ignoring these legalities can have severe consequences for your business. That’s why we take them seriously and help guide you through the complexities of insurance law, minimizing the risk of legal issues and enhancing your wealth creation.

 

Whether you own a small startup or a large corporation, we provide tailored insurance policies that align with your industry, business size, ownership structure, and financial goals. By working closely with business owners like you, we ensure that your insurance policies not only meet legal requirements but also safeguard your employees and clients.

 

Our comprehensive range of insurance products includes creditor protection, business overhead expense coverage, and executive compensation programs, among others. With our expertise and dedication, we strive to maintain the integrity of your business and provide you with the peace of mind you deserve.

Tips For Lowering Business Insurance Costs

At Health Risk, we want your company to shine as brightly as possible – which is why we think it’s important to offer up tips for lowering your business insurance costs.

 

The good news is that there are several ways to lower your insurance costs, such as assessing your risk and coverage needs accurately to avoid “over-insuring” – and then reviewing your policies annually to address any changes within the company that could affect the current coverage.

 

In addition to these vital steps, other tips for lowering the cost of insurance premiums include choosing lower cost coverage such as Term Insurance for specific needs such as loans or commercial mortgage insurance, adding Riders to policies as opposed to separate policies for each type of coverage, adjusting the coverage terms in the policy or even bundling policies by having several individuals insured under one policy,

Stop Putting Off Corporate Insurance

Purchasing corporate business insurance for your company or employees is a vital part of running a business. We believe it’s one of the most selfless things you can do. Start protecting your assets today.

FAQs

The short answer is that everyone running an incorporated business needs corporate business insurance. However, it does go by a case-by-case basis, and depends on the preference of the business owner. Keep in mind that whatever your business or size, Corporate Business Insurance can protect you from many of the common risks you may face as a business owner and operator.

A great way to determine the right insurance policy or level of coverage for your business is to evaluate the level of risk involved in your day-to-day operations. A company or business that has many employees should always have Corporate Business Insurance, while smaller businesses with only a few people might hesitate due to their smaller nature.

The cost of Corporate Business Insurance in Canada is varied and is dependent upon the type of insurance being purchased and the individual or individuals being insured. Costs can only be determined by a thorough investigation into the insurance solutions and then a quoting process for the particular situation – no two scenarios are the same.

Stay tuned for the introduction of our TOTALHealth™ program! To be launched in 2023.