International Casualty Products

International Advantage®

The International Advantage® Package Policy is designed specifically for small, mid-sized and large Canadian-based companies, multinationals and organizations. We do one thing, and we do it exceptionally well. Insuring overseas exposures is our only business. This singular focus translates to expert service provided by skilled international underwriters and claims professionals. The International Advantage Package Policy offers access to a global network through a single source. With a dedicated local presence in places where an organization is likely to do business, our reach extends far beyond Canadian borders.

Canadian-based companies or organizations are at risk for international exposures when:

  • Employees travel outside of Canada
  • Employees are temporarily or permanently stationed in other countries
  • It exports products outside Canada
  • It performs services or repair work abroad
  • It has international operations or sales offices
  • It sponsors trips, tours or study groups abroad

Coverage Highlights

Coverage

Commercial General Liability: provides coverage if a company is taken to court in a foreign country.

Employer’s Responsibility: provides overage that addresses accidents and illness abroad.

Executive Assistance Services: provides business travellers with 24/7 access to professionals who are thoroughly familiar with local customs, languages and regulations.

Contingent Auto Liability: contingent coverage for damages and injuries sustained while using, owning, hiring or maintaining vehicles abroad.

International Medical and AD&D: optional medical and accidental death and dismemberment coverage for employees and their dependents.

Kidnap and Extortion: access to RED24, a skilled third party negotiation firm.

Commercial Property and Business Interruption: protection against damage or destruction of overseas business properties and any subsequent loss of income.

Program Features and Coverage Limits

  • Foreign commercial general liability limits up to $5M per occurrence, including sudden and accidental pollution option
  • Contingent automobile liability limits up to $5M per occurrence
  • Hired and non-owned automobile physical damage limits up to $50K
  • Foreign voluntary workers compensation with state/province or country of hire benefits and employer’s liability limits up to $5M (higher limits available)
  • Executive assistance with limits up to $1M
  • Property and business income capacity of $5M per location/$25M total insurable values
  • Transit and cargo up to $1M total annual shipment values
  • Accidental death and dismemberment automatic limit of $25K with option to increase to $50K
  • Kidnap and extortion coverage up to $100K
  • Medical accident coverage limits up to $50K
  • Local experts in underwriting, engineering, claims, and service in more than 140 countries

Minimums

  • $5,000.00

Risk Transfer Options – Program Structure

  • Non-Admitted Foreign Package: multi-line package for companies with overseas exposures in one or more countries outside of Canada, the U.S. and Puerto Rico
  • Foreign Controlled Master Program: for companies with significant physical operations or assets in multiple countries requiring locally admitted policies