AMA Insider Summer 2016 | Page 54

Mind Your Business Insurance products to help cover your home enterprise and beyond HOME BUSINESS FLOATER OR RIDER Insurance coverage that can be added to home policies for small businesses with limited gross revenue and risk— office services, sales consulting and music lessons, for example. It includes equipment, inventory and business continuation expenses. COMMERCIAL INSURANCE Larger-scale enterprises may need a commercial policy. This covers business interruption, employee theft and other potential issues. KEY PERSON FLOATER Added as a floater to commercial policies, it protects against the loss of key individuals—due to accidental death or health issues— whose absence would significantly impact the business. NEW-BUILD INSURANCE Building an infill or new home (with or without a home office)? Standard home insurance policies don’t cover you during construction. Always get course of construction insurance to stay covered until your new home is complete. AMAInsurance.ca 54 OFFICE Worry less while running your business. AMA can help you register a corporation, conduct corporate searches and dispose of sensitive documents. Call 1-866-989-6370 or visit an AMA ce