How Business Insurance Works
Having the right insurance is essential for a business to manage the uncertainties and thrive in a marketplace that is full of both opportunity and risk. Make sure you’re protected against the risks your business faces.
Helping you take care of business
Understand your risks and liabilities so you get the insurance that fits your needs.
- How business insurance rates are set
- Types of business insurance coverage
- How to buy business insurance
How business insurance rates are set
Understanding how business insurance rates are set can help you find a policy that meets your specific needs and helps protect you, your business and others from risk.
Types of business insurance coverage
Every business requires its own set of coverages. From accounts receivable and cash flow to business interruption and director’s and officer’s liability, know what you need to help protect your business from uncertainty.
How to buy business insurance
Make sure you get the right coverage for your business by understanding what you need and how to shop around.
Resources For You
We've collected a few more resources that may be helpful for you to explore.
Are you cyber savvy at work?
As cyber threats increase and criminals become more sophisticated, it’s more important than ever for businesses to be proactive. Are Canadians staying cyber safe at work? Check out our new Cyber Savvy Report Card.
Trending News
climate
Latest hailstorm in Calgary causes $92 million in insured damage
Aug 14, 2025 | AB
climate
Wildfires in Atlantic Canada: Important Insurance Information for Residents
Aug 12, 2025 | NL, NS, NB, PE
auto, Regulation
Rethinking Auto Insurance Rate Regulation in Canada
Aug 11, 2025 | Written by AUGUST 11, 2025 | BY: TREVOR FOSTER, NATIONAL DIRECTOR, POLICY, IBC
Cyber Security, Regulation
Harmonizing cyber reporting – A step toward more predictable regulation
Aug 7, 2025 | Written by AUGUST 7, 2025 | BY: SARAH HOBBS, VICE-PRESIDENT, POLICY, CANADIAN LIFE AND HEALTH INSURANCE ASSOCIATION & VIVIAN HUA, LEGAL COUNSEL, IBCclimate
One Year Later: Calgary’s Historic Hailstorm Underscores Urgent Need for Government Action
Aug 5, 2025 | AB
home, climate
Good, Better, Best Basement Flood Protection: Learn the most effective resilience strategies for your home
Jul 31, 2025 | Written by JULY 31, 2025 | BY: GLENN MCGILLIVRAY, MANAGING DIRECTOR, ICLR AND CHRISTINA FRIEND-JOHNSTON, IBC
You might also be interested
Protect your business
Cyber safety. Occupier’s liability. Risk Management. Be prepared to protect one of your most valuable assets.
Understand how to protect yourself from business crime
Business crimes can originate from outside – or inside – your organization. Understand the risks and how to protect your business.
Risk and crisis management
A crisis can happen at any time, threatening your business in a multitude of tangible and intangible ways. Following best practices in risk management – including creating a business continuity plan – can mean the difference between recovery and bankruptcy.