When individuals and families experience the death of a loved one, funeral home businesses provide several important services that help people accept, grieve, and move on with their lives. Not only do funeral home businesses provide a ceremonial event to acknowledge and reflect on the life of the person who has passed, but they also prepare the dead for a proper burial or cremation. Throughout this process, there could be risks and damages with the property, liability, vehicles, and more.
Equipping your funeral home business with the right funeral home business insurance is important to ensure your business stays afloat even when accidents happen. At ALIGNED, we can help you find affordable funeral home business insurance that meets your business needs.
Why is Funeral Home Business Insurance Important?
Funerals have many procedures, and funeral homes operate using specific equipment. Although employees try to take many precautions, there are still slip-ups and mistakes that can happen. Some of the assets and equipment that funeral home businesses are in charge of include:
- Buildings, caskets, office content, crematorium facilities, headstones, and more.
- Property of the deceased person such as their clothes, jewelry, and other belongings.
- Fleets of cars such as vans, casket wagons, funeral procession vehicles, and more.
Funeral home business insurance from ALIGNED will protect you against the financial loss and damage that can occur.
What Does Funeral Home Business Insurance Include?
Commercial Property Insurance – from the buildings to the equipment used, there are tons of assets in the property of a funeral home business. It’s important to ensure the property is protected in the event of a fire, vandalism, flood, or other natural accident beyond your control.
Commercial General Liability Insurance – if someone is visiting your premises and is injured or their property is damaged, commercial general liability insurance protects the funeral home against any third-party claims or litigation.
Commercial Auto Insurance – if there is a car accident while transporting the casket or another time in the funeral procession, commercial auto insurance covers property damage, medical costs, disability benefits, and repairs for the fleet.
Equipment Breakdown Insurance – if your equipment breaks down, like the machinery in the crematorium facilities, equipment breakdown insurance can cover physical damages to your equipment.
Errors & Omissions Insurance – if there were quality issues with the funeral, you delivered the wrong casket, or there was another issue, errors & omissions insurance can cover costs of damages and settlements when a bereaved family member sues.
Find the Right Funeral Home Business Insurance
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.