Farm Plate Discount and Eligibility Explained
October 24, 2024
SGI offers a discount on vehicle plate premiums if the registered owner of the vehicle is a farmer, there are some requirements that differ depending on the type of farming being done. In this post we will go over what a Farm Discount gets you, the requirements that have to be met to qualify for...
What Is Commercial General Liability Insurance?
April 28, 2024
Those commercials on TV for plaintiffs attorneys are a not-so-subtle reminder that we live in litigious society and that businesses must protect themselves from lawsuits. One essential protection for employers, both large and small, is commercial general liability (CGL) insurance. CGL covers the cost of claims when a business is sued by someone for bodily...
Business Insurance Renewals Often Mean Changes to Terms
March 28, 2024
Commercial insurance rates are increasing on nearly every line of coverage, thanks to a rise in the frequency and severity of claims. And business owners are noticing significant premium hikes at policy renewal time. What might not be as apparent are: Changes to policy requirements New coverage limits Policy exclusions that carriers are enacting to...
10 Common Risks & Exposures Restaurant Owners Face
January 19, 2021
Those who run restaurants are often some of the most passionate business owners, investing time and money to deliver a high-quality experience to their customers. However, the hospitality industry can be unforgiving, and it’s a constant challenge for owners to deliver exceptional food and service while maintaining profitability.
These challenges are magnified when you consider that...
Steps to Upgrade to a Commercial Drivers Licence
November 17, 2020
To upgrade your Class 5 driver's licence to any commercial class of licence, here are the steps you'll need to follow: Have the Commercial Driver’s Licence Medical Report form completed by a physician and then submit it to SGI’s Medical Review Unit at mruinquiries@sgi.sk.ca. Once your medical is approved, you can visit an SGI exam...
Farm Insurance Deductibles
July 21, 2020
When you are purchasing or renewing insurance for your farm, take time to look at your deductible or you will miss an opportunity to tailor your insurance policy to your specific needs and quite likely save yourself some money.
Let’s start at the beginning. What is a deductible? Simply put, a deductible is the amount that...
Financial Support Information
April 6, 2020
Support for Businesses
Managing Staffing and Leave: In response to COVID19 and the necessity for some business to lay off employees the Employment Act has been amended so that following a declaration of emergency by the Government of Saskatchewan the requirement of a business to provide notice, or pay in lieu of notice, is removed for...
Coronavirus Business Interruption Insurance
March 19, 2020
As unprecedented events are unfolding around the world individuals, businesses and governments are responding to the emergence of the COVID19 pandemic. During this time many business owners are turning to their insurance policies in search of coverage for lost income due to necessary business closures and/or reductions in operations.
Before we begin our discussion of how...
9 Most Common Risks Hotel Owners Face
March 6, 2020
Owning and operating a hotel can be a rewarding endeavor. However, hotel operators have to manage numerous exposures related to lodging, and many offer amenities—including pools, exercise facilities, bars and restaurants—that can dramatically increase the number of insurable risks. The list below provides an overview of these hotel risks and more, helping you identify potential...
