Built for Brokers. Backed by Coverage That Goes Further.
Program at a Glance
Property capacity up to $50 million
More than 200 eligible IBC risk classes
No restrictions on the size of operations or annual revenue
Up to 100% U.S. sales exposure
CGL and Umbrella combined limits up to $25 million
Monoline, subscription and split-rate policy structures available
Target Classes
We consider a broad range of manufacturing and wholesale distribution risks associated with the following classes:
Wood products: Furniture, cabinet makers, and paper products
Plastics: Bottles, bags, packaging, and kitchenware
Electronics: Consumer and industrial appliances and equipment
Industrial products: Machinery, tools, instruments, and metal products
Building materials: Concrete products, pipes, windows, doors, and stone
Consumer products: Clothing, housewares, and food products
Coverage Highlights
Property
Property capacity up to $50 million across more than 200 eligible IBC risk classes
Comprehensive property extension endorsement
Catch-All top-up clause for eligible extension sublimit
Canadian risks with eligible subsidiary or affiliated operations outside Canada
Precious metals and alloys used in manufacturing
Molds, patterns and dies used to shape and produce products
Stock Throughput
Stock Throughput coverage brings eligible stock at owned and third-party locations, as well as stock in transit, under one policy from inbound raw materials through finished products.
Stock covered at owned locations and eligible third-party premises worldwide
Flexible valuation options, including Actual Cash Value, Replacement Cost or Selling Price
Work damage to stock while it is being repaired, adjusted, or serviced
Delayed shipment coverage for eligible stock rejected due to expired best-before dates
Catastrophe capacity available regardless of location
No monthly reporting required
Equipment Breakdown
Equipment Breakdown coverage may respond to sudden and accidental damage caused by internal forces, including damage to production machinery. When selected and shown in the policy, related business interruption and stock spoilage coverages may also respond.
Operational Extensions
Contamination and infestation coverage
Delayed shipment extension for finished goods ready to ship
Inventory preparation expense reimbursement
Deferred-payment coverage for sold equipment in the purchaser’s possession
Installation floater coverage for products awaiting installation
Liability
CGL and Umbrella combined limits up to $25 million
Broad-form completed operations
Enhanced CGL options with no general aggregate restriction
Up to 100% U.S. sales exposure
Worldwide territory, with suits brought in Canada or the United States
Manufacturers’ Errors and Omissions, including pure financial loss
Failure to manufacture to specifications
Product Recall coverage
Monoline CGL, stand-alone Umbrella and Excess Liability placements
Additional Coverage Options
Depending on the risk, additional solutions may be available through the Manufacturing & Wholesale program or another SPG Canada team. Availability, placement and routing are subject to underwriting review.
Legal Expense options, including access to a telephone legal advice line
Pollution and Environmental Impairment Liability
Cyber coverage
Contractual penalties arising from eligible late or failed completion
Negative publicity coverage, where available
Complex Risk Coordination
For submissions that require additional capacity or expertise, our Manufacturing & Wholesale and Complex Risk teams coordinate as appropriate.
Brokers should continue to follow the appetite, underwriting requirements and submission process of the team receiving the risk.
Common Broker Questions
The program considers manufacturing and wholesale distribution risks across wood products, plastics, electronics, industrial products, building materials and consumer products, subject to underwriting review.
Up to 100% U.S. sales exposure may be considered, subject to underwriting review and applicable policy terms.
Monoline, subscription and split-rate policy structures are available, subject to the needs and underwriting requirements of the risk.
Download the appropriate application, include the supporting information requested by underwriting and send the submission through the Manufacturing & Wholesale submission channel.
Send your completed application and the supporting information requested by underwriting to the Manufacturing & Wholesale team.
Send a Manufacturing Submission: manufacturing@spgcanada.ca
Important Information
Coverage is subject to underwriting approval and applicable policy terms, conditions, limitations, and exclusions. Product features, capacity, and availability may vary by risk and jurisdiction.
Ready to Submit a Risk?
Send your completed application and supporting information to the Manufacturing & Wholesale underwriting team.
