There are over 700 food banks and 3,000 food programs available across Canada. As a major player in the food aid industry, food banks operate on a huge network of volunteers, employees, donors, property, and more. While food banks are busy thinking about how they can help build a well-fed, stable, and self-reliant community, we are thinking about whether they have the right insurance policy to protect themselves.
Any operation comes with an element of risk, and when your mission is to eradicate hunger and provide support to people who cannot afford food, we want to help you protect that mission.
At ALIGNED, food banks across Canada can be equipped with food bank insurance to protect themselves against third-party claims and liability.
Why is Food Bank Insurance Important?
Food banks rely on a lot of people and equipment to get the food and essential supplies from the hands of the donors to the mouths of the people they help. Throughout the process, some risks benefit from insurance protection.
- A new van was added to the fleet of vehicles, and the car hit a pole while making a delivery of food items.
- A power failure damages the cooling capacity of the refrigerators and freezers and spoils all the food inside, which you have to discard.
- Customers or volunteers that come onto your premises are injured due to a slip & fall.
- The food you provide for individuals is spoiled, contaminated, or contains allergens that cause someone to be sick and they bring a lawsuit against the food bank.
Having food bank insurance ensures that your organization is protected against these risks and can operate with confidence.
What Does Food Bank Insurance Include?
Commercial General Liability Insurance – also called CGL insurance, provides coverage for injuries, bodily harm, and property damages occurring to a third party during your business operations. For example, if a customer slips and falls, you are covered for lawsuits, losses, and medical expenses. The typical food bank commercial general liability policy would also include product liability coverage.
Equipment Breakdown Insurance – there might be damages to your electrical and refrigeration equipment used to operate your food bank. If your machinery breaks down and needs to be repaired or causes the products you deliver to be damaged, equipment breakdown insurance can cover physical damage to your equipment.
Commercial Property Insurance – protects your assets against damage in the event of a fire, vandalism, flood, or other natural accident beyond your control.
Commercial Auto Insurance – covers medical, property damage, loss of income, disability benefits, and more if you are involved in a collision while making a delivery or en route to a client.
Find the Right Food Bank Insurance with ALIGNED
ALIGNED works with Canada’s top insurance companies to provide custom insurance packages at affordable prices. Contact an ALIGNED commercial insurance specialist for a free quote, or use our free online tool.
- ALIGNED Volunteers At Food Bank of Waterloo Region
- ALIGNED Supports The Food Bank of Waterloo Region
- Help The Food Bank of Waterloo Region Get An ALIGNED Donation
- Why social responsibility is important to us…
- Help A Canadian Charity Get An ALIGNED Donation
- Giving Generously: Help a Canadian Charity get a ALIGNED donation
It’s time to get insurance value and choice aligned. Want Canadian business insurance that aligns with your bottom line? We can help. 365. Call us toll-free at 1-866-287-0448 or click to Get a Quote!
We’re ALIGNED across Canada. The ALIGNED Insurance National Operations Centre in Cambridge, Ontario supports our Toronto, Calgary and Vancouver offices. Our industry peers consistently recognize us as one of Canada’s best insurance teams. 100% Canadian-owned, we are super proud to be one of the fastest-growing insurance brokerages in the country.
We deliver e-news you can use. Get practical business insurance insights in your inbox every month. 19,000+ people subscribe to our free ALIGNMENT Matters e-news. Just click the JOIN OUR DISTRIBUTION LIST button – at the bottom of our homepage – to get connected.
365 | Get ALIGNED. Every day, Canadian business leaders read our insurance insights. Find us on LinkedIn, Twitter, Facebook, Instagram and YouTube.