Cansure offers insurance coverage for a wide range of commercial marine risks. We offer bespoke policies including coverage for Hull and Machinery, Protection and Indemnity, Ship Repairers, Legal Liability, Marina Operators Legal Liability, Docks and Wharves, and Marine Trades: Marinas, Sailing and Yacht Clubs and Boat Dealers.
Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Northwest Territories, Nova Scotia, Nunavut, Ontario, Prince Edward Island, Saskatchewan, Yukon
Commercial Marine by Cansure is built for businesses that work on or near the water. It covers a wide range of marine operations, from marinas and yacht clubs to boat dealers and ship repairers. The product is designed to protect both property and liability risks, making it a flexible choice for many marine trades.
Cansure’s coverage includes hull and machinery, protection and indemnity, and legal liability for ship repairers and marina operators. It also extends to docks, wharves, and other marine-related businesses. The deductible for most classes is set at $1,000, which helps keep costs predictable for clients.
Commercial Marine by Cansure is available across all provinces and territories in Canada. The product is open to a variety of marine businesses, including watersport centres, boatyards, sailmakers, and yacht brokers. Each policy can be tailored to fit the unique needs of the business, with options for specialized coverage.
Insurance brokers must have a contract with Cansure to access this product. Application forms are available for each class, making the process straightforward. For more details or to get a quote, brokers can use the ‘Contact Underwriter for Quote’ option and resources listed on this page.
Commercial Marine by Cansure FAQs
What types of businesses are eligible for coverage under the policy?
Commercial Marine by Cansure is open to a wide range of marine businesses. Eligible classes include marinas, sailing and yacht clubs, boat dealers, ship repairers, watersport centres, boatyards, marine electricians, yacht brokers, sailmakers, mooring providers, and ship chandlers.
Which provinces and territories does Commercial Marine by Cansure serve?
Commercial Marine is available in every province and territory across Canada. This includes Alberta, British Columbia, Manitoba, Northwest Territories, Nova Scotia, Nunavut, Ontario, and Yukon.
What is the standard deductible for most classes under this commercial marine insurance?
Most classes under this commercial marine insurance have a standard deductible of $1,000. This applies to a broad range of marine business types and risk classes.
Is a broker contract required to access Commercial Marine by Cansure?
Yes, a broker contract is required to access the policy. Only brokers with an active agreement with Cansure can submit applications and offer this product to clients.
Brokers can apply by completing the specific application form for the client’s business class. The forms are available on the product page and must include business details, coverage needs, and supporting information.
Are there separate application forms for different marine businesses with Cansure?
Yes, there are separate application forms for each marine business class. Forms are tailored for marinas, boat dealers, ship repairers, yacht clubs, and other eligible businesses.
Are watersport centres eligible for Commercial Marine by Cansure?
Watersport centres are included as a target class for Commercial Marine by Cansure. They can access coverage options designed to fit their unique marine operations and risks.
Does Commercial Marine by Cansure include hull and machinery coverage?
Hull and machinery coverage is a core feature of Commercial Marine by Cansure. This protection helps marine businesses safeguard their vessels from physical damage and related risks.
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