Excess Liability / Umbrella
Commercial Insurance
Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Nova Scotia, Ontario, Prince Edward Island, Saskatchewan, Yukon
No
- Umbrella / Excess
- hospitality
- retail and wholesale operations
- SME (small-to-medium enterprises) manufacturing
- trades and contractors
- business and professional services
Product Overview
Excess Liability / Umbrella by ABEX Affiliated Brokers Exchange Inc. is designed for Canadian businesses that need higher liability protection than standard policies offer. This product helps fill coverage gaps by providing up to $10 million in extra capacity, making it a flexible solution for many industries.
The coverage is open to Canadian-domiciled and incorporated businesses, even those with worldwide sales exposure and revenues under $25 million. It is especially useful for companies that do not fit the usual domestic insurer appetite.
About Excess Liability / Umbrella by ABEX Affiliated Brokers Exchange Inc.
This product can increase the limits of existing general liability or auto policies, helping businesses meet contract requirements or protect against large claims. It is available to a wide range of sectors, including hospitality, retail, wholesale, manufacturing, trades, and professional services.
No deductible applies, and brokers do not need a contract to access this coverage. Excess Liability / Umbrella by ABEX Affiliated Brokers Exchange Inc. is available across 10 Canadian provinces namely Alberta, British Columbia, Manitoba, New Brunswick, Newfoundland, Nova Scotia, Ontario, Prince Edward Island, Saskatchewan, and Yukon.
For more details or to discuss a quote, brokers can connect with an underwriter through the ‘Contact Underwriter for Quote’ section or check the product references on this page.
Excess Liability / Umbrella by ABEX Affiliated Brokers Exchange Inc. FAQs
Is this coverage available to small and medium-sized enterprises (SMEs) in Canada?
Yes, this coverage is available to small and medium-sized enterprises across Canada. Businesses must be Canadian-domiciled and incorporated, with revenues under $25 million. SMEs can benefit from extra liability protection, especially if they have unique or higher-risk profiles. This solution is part of the broader commercial insurance market, which supports many Canadian businesses. For more information on commercial insurance, visit the category page for a detailed overview.
Can businesses with worldwide sales exposure apply for this product?
Businesses with worldwide sales exposure can apply for this product, as long as they are based and incorporated in Canada. The product is designed to support companies with global reach, providing extra protection for risks that may not fit standard domestic insurer appetites. This flexibility makes it a strong option for firms with operations or clients outside Canada.
Can Excess Liability / Umbrella coverage be added to both general liability and auto policies?
Yes, this coverage can be scheduled over both general liability and auto policies, where applicable. This allows businesses to increase their protection across multiple lines of liability insurance. Excess Liability / Umbrella by ABEX Affiliated Brokers Exchange Inc. offers up to $10 million in excess capacity, making it a practical choice for companies seeking higher limits on their existing coverage.
Are there specific industries that benefit most from this excess liability and umbrella coverage?
Industries with higher risk or unique exposures often benefit most from this coverage. These includes hospitality, trades, and professional services, but the product is not limited to these sectors. The flexible underwriting approach means many industries can find a fit, especially those that require higher liability limits or have global activities.
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