TOUGH AS NAILS CONTRACTOR INSURANCE

A comprehensive Property and Liability Insurance Package designed specifically for members of the Tough As Nails Contractors Club. Distributed solely through Programmed Insurance Brokers Inc. (PIB) We have been Providing quality insurance packages and guidance to Canadians for more than 25 years. Our goal is to deliver peace of mind by providing protection for your property, business, income and liability exposure.

A comprehensive, competitively priced selection of insurance products tailored to meet the needs of the contractor.

PROPERTY COVERAGE

This program provides broad form of coverage protection for your buildings and their contents through an extensive list of coverage extensions.

Some of the automatic extensions included are:
Tool Floater $10,000
Contractors Equipment $25,000
Installation Floater $25,000
Business Income Protection Provides standard business income coverage.
This extended form gives standard 12 month indemnity.
Extra Expense $50,000


CRIME COVERAGE

Full crime coverage included to protect your:

  • Money & Securities
  • Employee Dishonesty
  • Counterfeit Currency
  • Depositor's Forgery

LIABILITY COVERAGE

Commercial General Liability coverage is provided for your premises, products and operations.

Tenants Legal Liability and Non-Owned Automobile Liability are also included to complete the package.

Additional coverage is available to supplement the program, including:

Automobile
Commercial vehicle coverage is available, whether you have one vehicle or a fleet.

Bonding
Individual contract bonds are available, which include Bid Bonds, Performance Bonds and Labour Bonds.

Builder's Risk
Coverage is available for new residential construction projects, and can be issued in your name, or the name of the homeowner.

Umbrella Liability
Coverage can be purchased for that extra level of security pertaining to your liability needs. Limits up to $10,000,000 are available.

For more information on "Tough as Nails Contractor Insurance" please contact;
Programmed Insurance Brokers Inc.
49 Industrial drive, Elmira, ON N3B 3B1
Local (519)669-1631
1-800-265-6197

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TOUGH AS NAILS CONTRACTOR HEALTH & DENTAL BENEFITS

A comprehensive Employee Benefit Package designed specifically for the Self-Employed and Employers with one to five employees.

Available solely through RWAM INSURANCE ADMINISTRATORS INC., and its Brokerage network.

Life Insurance, Accidental Death, Dependent Life, Extended Health Care and Dental Benefits are underwritten by The Co-operators Life Insurance Company. Green Shield Canada and World Access provide the Out-of-Province/Country Benefit.

ELIGIBILITY REQUIREMENTS

  • Benefits as described in the summary of Benefits are mandatory, except Dental.
  • All employees are required to complete a medical questionnaire. If an employee is declined, the entire group may be declined.
  • The group must either be a legally incorporated company, sole proprietorship or partnership, with true employer/employee relationships.
  • The group must be in business for a minimum of one year.
  • All employees and their dependants must be insured under their Provincial Health Insurance Plan.
  • Pre-Authorized Chequing is mandatory.
  • All full-time employees (min. 24 hrs per week) must be enrolled on the plan.

SUMMARY OF BENEFITS

All benefits terminate at age 70 or retirement, which ever occurs first.

LIFE INSURANCE

The life insurance benefit will be paid to the employee's appointed beneficiary upon the death of the employee.

All eligible Employees: $25,000 benefit.

Benefit will reduce by 50% at age 65 and terminate at age 70 or retirement, which ever comes first.

DEPENDANT LIFE INSURANCE

The following amount of benefit will be paid to the employee upon the death of his/her eligible dependent, with coverage commencing at birth:

Spouse - $5,000 Child - $2,500.

ACCIDENTAL DEATH, DISEASE AND DISMEMBERMENT

This benefit provides a lump sum of cash payment equal to twice the life insurance benefit should the employee suffer an accidental death, 24 hours a day, on or off the job.

Payout percentage examples for Loss of:

Both Hands or Both Feet 100.00%

One Leg or One Arm 75.00%

Either Hand or Foot 66.67%

Thumb & Index Finger of Same Hand 33.33%
Payout percentage examples for Loss of Use of:

Quadriplegia, Paraplegia or Hemiplegia 100.00%

Both Hands or Both Arms 100.00%

One Arm or One Leg 75.00%
CRITICAL DISEASE (for named diseases) 10.00%
REHABILITATION, REPATRIATION
And SPOUSAL RETRAINING		 $10,000 max./benefit
EDUCATION
Pays child's education if employee dies		 $5,000 max./year


EXTENDED HEALTH CARE

The following expenses are covered with no deductions:

Benefit Co-Ins. Maximum
Paydirect Prescription Drugs 80% $1,500/yr.-per person
Anti-Smoking, Fertility Drugs & Treatments
Excluded
Private Duty Nursing 80% $10,000/lifetime
Paramedical Practioners, Osteopath, Naturopath, Podiatrist, Chiropodist, Psychologist, Physiotherapist, Acupuncturist, Speech and/or Massage Therapist 80% $400/yr.-per practitioner
Chiropractor 80% $20/visit-$400/yr.
Semi-Private Hospital

 

Excluded
Eye Examination 80% 1 exam/24 mths.-$50/max.
Orthopedic Shoes/Orthodics 80% $250/yr.
Hearing Aids 80% $400/5 yrs.
Cardiac Rehabilitation 80% $500/yr.
Medical Supplies 80% unlimited
Emergency Ambulance 80% unlimited
Accidental Dental 80% $2,000/lifetime


OUT-OF-PROVINCE/COUNTRY
(included with Extended Health Care Coverage)

If the employee or an eligible dependent becomes ill or injured while traveling, emergency hospital and medical expenses will be paid at 100%, in access of the amount paid by the Provincial Health Insurance Plan.

This benefit is subject to a $1,000,000.00 maximum and does not include referral coverage.

Eligible benefits are limited to a maximum of 60 days per trip, commencing with the date of departure from your province of residence. If you are hospitalized on the 60th day, benefits will be extended until the date of discharge.

DENTAL CARE (OPTIONAL)

This plan will pay 80% of basic covered expenses with no annual deductibles. Benefit payment is based on the current provincial fee schedule to a maximum of $1,000 per calendar year per insured.

Covered expenses:

  • Oral examinations, cleaning and polishing of teeth, but not more than once every nine months
  • Fluoride applications
  • X-rays
  • Fillings
  • Space maintainers
  • Extractions
  • Anaesthesia
  • Endodonics (root canal therapy)
  • Periodontics (treatment of gums & other tissue of the mouth)
  • Repairs or relining and rebasing of dentures

SURVIVOR BENEFIT
(included at no additional cost)

If the insured dies, their Extended Health Care and Dental coverage will continue without premium payment for up to six months for all eligible dependents.

For more information on "Tough as Nails Contractor Health and Dental Benefits" please contact;
RWAM Insurance Administrators Inc.
49 Industrial drive, Elmira, ON N3B 3B1
Local (519)669-1632

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This program is not available to residents of Quebec due to provincial law/regulations.