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See your recommended stack 💼 CONSULTING / FREELANCE 📦 E-COMMERCE / RETAIL 🍽 RESTAURANT / FOOD 💻 TECH / SaaS 🔨 TRADES / CONSTRUCTION
RECOMMENDED FOR CONSULTING / FREELANCE
3-policy stack TYPICAL ANNUAL $1,200-4,500
CGL Commercial General Liability Bodily injury · property damage · advertising injury claims
$1-2M coverage $400-1,500/yr
E&O Errors & Omissions Professional advice that causes financial harm
$1-2M coverage $500-2,500/yr
Cyber Cyber Liability Data breaches · ransomware · privacy violations
$1M coverage $500-2,000/yr
★ REAL LIABILITY SCENARIOS ★
What insurance pays for Consultant sues you for "bad advice" causing $200k loss COVERAGE E&O
TYPICAL PAYOUT $200,000
Customer slips in your retail store COVERAGE CGL
TYPICAL PAYOUT $75,000
Ransomware attack · client data exposed COVERAGE Cyber
TYPICAL PAYOUT $180,000
Kitchen fire destroys restaurant COVERAGE Property + BI
TYPICAL PAYOUT $450,000
Your product causes injury · class action COVERAGE Product
TYPICAL PAYOUT $800,000
Board member sued for company decision COVERAGE D&O
TYPICAL PAYOUT $600,000
★ ALL 7 COVERAGE TYPES ★
Comparison matrix TYPE
FULL NAME
COVERS
TYPICAL LIMIT
ANNUAL COST
CGL
Commercial General Liability
Bodily injury · property damage · advertising injury claims
$1-2M coverage
$400-1,500/yr
E&O
Errors & Omissions
Professional advice that causes financial harm
$1-2M coverage
$500-2,500/yr
Cyber
Cyber Liability
Data breaches · ransomware · privacy violations
$1M coverage
$500-2,000/yr
Property
Commercial Property
Physical assets · inventory · equipment damage
Asset value
$500-3,000/yr
BI
Business Interruption
Lost revenue while you can't operate
6-12 mo revenue
Bundled w/ Property
Product
Product Liability
If your product injures someone
$1-2M coverage
$600-2,000/yr
D&O
Directors & Officers
Personal liability of board members + execs
$1-5M coverage
$1,500-5,000/yr
★ WHERE TO GET IT ★
Canadian SMB insurance providers Zensurance Online-first · SMB-focused 15-min online quotes · cyber, CGL, E&O bundles. Best for startups and freelancers.
Apollo Insurance Online · transparent pricing 5-min quotes for trades, retail, professional services. Real-time policy issue.
Intact for Business Largest Canadian insurer Branch + broker network. Best for established businesses needing complex policies.
Aviva Canada Strong cyber + tech Aviva's cyber product is industry-leading. Best for SaaS + tech companies.