Eligibility – Available to all active members of the Independent Financial Brokers of Canada, with preferred rates for Individual or Corporate E&O Plan Participants.
Why do you need business insurance?
A business office package policy can protect your business contents and equipment from perils such as fire, water damage, and theft – to name a few.
A business office package can provide coverage for bodily injury and property damage that you or your employees may cause to another person as a result of your operations and/or premises.
A business office package can provide coverage for exposures in connection with the advertising of your business services.
A business office package insurance program can include the following key extensions of coverage as it relates to your business operations having employee:
Magnes, the broker for the IFB E&O program, has once again successfully negotiated the best rates and coverage available to independent brokers – starting from just $758!
Features of the IFB E&O Individual Broker Plan:
LOWER PREMIUMS – The IFB E&O plan is ‘No Fee’ E&O – no broker fees, no ‘fund’ fees. When comparing rates, be sure to check if your current provider tacks on these extra charges.
FLEXIBLE LIMITS – Limits of $1 million to $5 million, and all levels in between.
SIMPLIFIED PREMIUMS – No complicated rate charts and level premiums across the country for life insurance brokers and mutual fund advisors.
GREAT OPTIONAL EXTRAS – Coverage for Exempt Market Dealer Reps & low cost Privacy and Network Security coverage. Optional Coverage – upgrade with IFB Elite Endorsement.
RELIABLE COVERAGE – Coverage arranged with AXIS Reinsurance Company.
EXTENDED COVERAGE – Lifetime Extended Reporting Period (ERP) now available.
DEDUCTIBLE WAIVER – Waiver of deductible in the event of a Life, A&S, or Mutual Fund claim if you have been insured under the IFB members’ plan and have been claims free for at least 3 years.