Our Products
Guarantee GOLD® is a specialized program to meet the needs of individuals with high valued assets. Our enhanced coverages offer total protection including: home, contents, personal liability, secondary residences, automobiles and recreational equipment.
The Guarantee Company offers a broad range of coverages:
- Jewellery/Furs
- Secondary Homes
- Rental Properties
- Personal Umbrella Liability
- Automobiles
- Recreational Vehicles
- Pleasure Watercraft
Our underwriting team along with our broker partners can tailor a Guarantee GOLD® program to meet your needs!
FEATURES OF Guarantee GOLD®
Single Inclusive Limit
Often an insurance policy limits the amount of coverage for personal contents, outbuildings and additional living expenses to a fixed percentage of the building’s value. Your Guarantee GOLD® policy offers a single inclusive limit of 210% of the building’s value with the flexibility to use this amount where it is needed.
Cash Settlement
If you prefer not to repair or replace your damaged property, you may choose a cash settlement based on full replacement cost. This allows for expedient, fair claims handling at your convenience.
Disappearing Deductible
We will waive your deductible if you suffer a claim greater than $25,000. Clients enjoy a range of discounts when they purchase higher deductibles. This encourages premium saving when you self insure to a greater extent.
Free Home Evaluation
We professionally appraise each home to establish its current replacement value. You will receive a complete copy which includes any risk management recommendations.
CLAIMS SERVICE
If you suffer a loss, you deserve immediate claims settlement. You can choose to contact your broker or call our 24 hour toll-free claims service. Our claims professionals are committed to fair and expedient service. Independent industry and consumer surveys indicate an exceptional level of client satisfaction with the claims service that we provide.
PERSONAL LIABILITY
In today’s litigious society, the threat of legal action is everywhere. Often, our clients have increased personal liability exposures from travel, community involvement and social position. Your Guarantee GOLD® policy includes $1,000,000 personal liability coverage and can be increased upon request.
THE FOLLOWING COVERAGES ARE INCLUDED:
- Worldwide coverage for your personal actions
- Personal injury including bodily injury, libel, slander, defamation of character (Except on Quebec policies where this coverage is provided under a "Personal Umbrella Liability" policy.)
- Any activity as a director or officer of a non-profit organization including condominium associations (Except on Quebec policies where this coverage is provided under a "Personal Umbrella Liability" policy.)
- The cost to investigate and defend suits in addition to the limit of liability
- Voluntary medical payments up to a limit of $10,000
- Voluntary property damage payments up to a limit of $1,000
- Owned watercraft with motors up to 50 hp
- Incidental business activities as defined in your policy.
PERSONAL UMBRELLA LIABILITY
Your personal assets are at risk when your standard limits of liability are inadequate. By adding a Personal Umbrella to your Guarantee GOLD® policy, increased limits and broader coverages are available. Your broker, a licensed insurance professional, can assist you in making an informed decision.
