Want to buy ONLINE Commercial insurance now?
Click HERE to get coverage now!
As the decision-maker of a paper product distributor business, it goes without saying that you have a lot on your plate.
For starters, you’re distributing a product that’s used in offices, schools, and homes throughout the country. And when you’re not attending to the day-to-day logistics involved with sourcing inventory and getting product shipments out on time, you’ve got employees and payroll-related concerns to juggle.
While you may not be able to predict when a disaster might occur, paper distributor company insurance can make it a lot easier to manage the fallout.
The 3 Types of Paper Distributor Business Insurance That You May Want to Consider
1. Commercial General Liability Insurance
In the world of distributing, it’s not unusual for a potential client to pop in and take a tour of the facilities every once in a while. And when you’re entertaining guests or even the press from time to time, the last thing you want is for someone to take an unfortunate tumble.
Commercial general liability insurance is well-known anecdotally as “slip and fall insurance”. But it can also include coverage types like tenants liability insurance and products liability insurance on top of bodily harm or property damage suffered by third parties.
Whether you’re looking at product safety issues or damage accidentally done to a leased building, commercial general liability insurance can allow paper distributor companies to protect themselves more easily.
2. Commercial Property Insurance
It goes without saying that paper is highly, highly flammable. If a fire were to break out in your building, chances are that you could very well lose most of your inventory in the blink of an eye.
And that’s just the merchandise.
When you also factor business equipment you may be keeping in your building, like computers or customer files, replacing your company property in the aftermath of a disaster can quickly become even more difficult.
Commercial property insurance makes it possible for businesses to receive compensation in the event that your equipment and inventory are damaged due to an insured peril.
3. Business Interruption Insurance
Sometimes it’s possible for a fire or some other insured peril to damage your facility to the point where you can’t operate as a business until repairs are made.
However, while commercial property insurance may cover you for the loss of your inventory, to name one example, many insurance policies won’t reimburse you for the subsequent loss of income that you have to contend with until your business is operational again.
Business interruption insurance policy is an option that may allow paper distributor companies to be compensated for financial losses and some types of expenses in these sorts of situations.
- Manufacturers & Distributors Insurance Coverage
- How Wholesale and Distribution Insurance Protects Your Business
- How Cosmetic Company Insurance Can Protect Your Business
- Small Business Liability Insurance: How Does It Work?
- Where Can I Get Insurance For A Medical Device in Ontario?
- How To Add An Additional Insured in Ontario
- Insurance For Bakeries in Ontario
- What Is A Certificate Of Insurance And What Is It Used For?
The Reason Why You Should Hire a Broker for Your Paper Distributor Company Insurance
As a paper distributor and a business owner, you’ll quickly find that there are plenty of insurance options available for you to consider. But when the policy you choose can be the difference between being underinsured and having adequate coverage, it pays to work with a professional broker who will be able to look at your options and recommend a prudent course of action. At ALIGNED, we work with the top insurer in Canada.
Contact an ALIGNED broker for your FREE quote today!
We’re here to help you find the BEST commercial insurance…
Our team of insurance brokers is available to help answer any and all questions you might have about all of our commercial insurance products. If you have a question about business insurance, are uncertain about what a particular insurance coverage term means, or simply want to find commercial insurance that directly aligns with your needs, don’t hesitate to call us toll-free at 1-866-287-0448.
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, LinkedIn and YouTube.