Most people purchase insurance when they buy or rent their home or condominium, knowing it will help them in case of a fire or theft. Do your employees know exactly what protection their home policies offer? With The Co-operators, they may be pleased to discover that they’re covered for much more than the basics. Types of home policies Depending on the type of policy your employees choose, they may be covered for financial loss due to theft, fire or vandalism, and personal liability that may occur if someone is injured while visiting their homes. Homeowner’s insurance helps cover the cost of repairing or replacing your home, attached and detached structures, outdoor swimming pools and items kept on the premises, for damage caused by insured perils. It can also cover liability for accidental damage to someone else’s property. Make sure your employees are clear on which type of insurance they have and what they’re covered for.* Identity theft Our home, condominium and tenant policies also include coverage for identity theft at no extra cost. With this coverage, employees will be reimbursed up to $10,000 for expenses associated with someone stealing and using their personal information for fraudulent transactions. Group Home Assist If your employees need confidential emergency services, they have access through their home policy. This no-charge, stress-free, around-the-clock service provides health care information and home repair referrals. Automatic coverage for new purchases Remind your employees to call us when they purchase new items, including jewellery, artwork, etc. If the item is insurable, they may receive coverage at no extra cost until their next policy renewal.* Valuable options for added protection Do your employees need more from their policies? They may have coverage options such as Extended Water Damage** that protects homes from some types of damage caused by water or sewage that enters the building because of accidental backups or damaged sewers, drains, downspouts or septic systems. *Some conditions apply. **Extended Water Coverage is not available in Quebec.
