Insurers who compete in the middle market to larger risk management accounts tend to issue a separate policy for each line of business. Similar to the United States, premiums are coded by line of business for regulatory and management control purposes. Fire Brigade Tax is included in property rates and varies by province. Boiler and Machinery. Fidelity coverage is available.
Perils covered include the following.
Inside and Outside Holdup Safe Burglary Burglary of Stock Extortion Forgery and Counterfeit Paper Currency Employee Dishonesty Property generally includes the following. Money and Securities Merchandise Equipment or Other Property Marine. All typical coverages are available as in the U.S. market. Ocean marine coverages are also seen on large international programs as part of the property wording. With the smaller mid-market accounts, separate ocean marine policies are usually written by specialized writers.