A Better Way to Insure Your Home Business Establishing your own business at home is a lot of work. While you enjoy the freedom of being your own boss, you also have to accept the responsibilities a business can bring. One responsibility is adequate insurance. You shouldn't assume that because your business is being run from your home, your home insurance policy will protect you. In most cases it won't. You've invested a lot of time and money into your business. That's why adequate insurance is an important part of your business plan. The Co-operators makes it easy for you if you have your home insurance with us. Home Business Coverages PROPERTY Business property: On premises - $30,000 limit Off premises - $ 7,500 limit Business property includes items such as: stock held for sale, samples, supplies, filing cabinets, computer and associated software, tools, etc. It also includes customers' goods. If you attend events such as trade shows or craft fairs outside your home, the $7,500 limit on items temporarily away from your premises covers your stock while it's being transported in your vehicle or while at the event. Loss of money: $1,000 limit subject to the perils insured on the home policy. Business continuation expenses: This coverage provides up to $10,000 if your home unfit to live in due to an insured loss. It will compensate you for any necessary expenses for continuing your business from another location. With this protection, your income is not interrupted and your customer base is maintained. Many businesses fail because they are unable to start up again after a business interruption or by the time they do, their customers have taken their business elsewhere. LEGAL LIABILITY This coverage insures your business against exposure to any of your company's products or services, as well as an accident and injury occurring on the premises (e.g. a messenger or customer visits your home on business and slips on your steps). Without this extension, your home policy might not cover you for any legal expenses your might incur if you are found legally responsible. VOLUNTARY MEDICAL PAYMENTS This coverage provides voluntary medical payment coverage for bodily injury arising from your home business. (This is only a summary of coverages available. Please ask me or email me for full coverage details). HOME SWEET OFFICE How do you know if you qualify for The Co-operators Home Business Package? Your home is occupied as your principal residence Total gross annual income does not exceed $100,000 You are the sole owner and operate no other business under the stated name You only operate out of your home or attached structure

MAIN MENU R. Neil Rideout and Associates Ltd. 1309 Princess St. Kingston, ON K7M 3E3 Tel: (613) 544-4450 Fax: (613) 544-4457