Aviation Insurance

What you can expect from Beyond Insurance.

You care about risk management and protecting your assets before taking to the skies. You’re looking for a broker who has a genuine interest in your unique aviation insurance needs.

OWNING AND OPERATING YOUR AIRCRAFT PRESENTS A UNIQUE SET OF RISKS.

We provide you with peace of mind through our robust solutions related to aircraft coverage:

  • Hull physical damage
  • Third party liability
  • Passenger & crew medical
  • Non-owned cargo & contents
  • Hanger & adjacent land exposures
  • Trip interruption
  • Emergency expenses & loss of use
  • Spare parts
WHAT YOU CAN EXPECT FROM BEYOND

We collaborate with experienced underwriters who can assist beyond core coverages and take into consideration additional factors such as pilot experience and training programs.
We build a relationship with you and provide a holistic approach to your risk management – and including aircraft liability is an important part of what makes us a preferred partner.

Protection with Purpose. We offer insurance for ambitious businesses and people with complex insurance needs.

Insurance for Chamber of Commerce Members

ARE YOU A RED DEER CHAMBER OF COMMERCE MEMBER?

We are proud to partner with the Red Deer Chamber of Commerce and offer Small Business Insurance solutions.
We have industry-specific insurance solutions for all types of businesses.
A few examples include Accountants, Beauty Services, Yoga Instructors, Contractors, Consultants, Mobile vendors, Pet Grooming, CGL, and more!
We care that your assets are covered because no one wants to start over if something unexpected happens.
Beyond Insurance is here to help. We offer our expertise for all of your insurance needs. We walk you through what you need or what to ask for and we always have your best interest in mind. Let’s build a relationship and take away any worry or anxiety when it comes to your insurance coverage.
What can you expect from Beyond?
*Cost savings through portfolio management
*Clear, open communication and education around your insurance, your deductibles, and your coverage
*A full audit of your current risk exposures, followed by our expert recommendations on optimizing coverage, discounts, and products
Visit our Small Business Insurance portal for more information:

Small Business Insurance Solutions

As an entrepreneur and small business owner, you care about your employees, your business, and growing your business.
Beyond Insurance asks the right questions, understands your needs, and doesn’t make mistakes. When it comes to your insurance needs, it’s important that you are able to trust your provider and we offer the assurance that your assets are fully covered. We don’t just send you a bill every year; we are your partner in your insurance and risk management.
Find out more on our Small Business Insurance portal: https://beyondinsurance.ca/small-business-insurance/

Beyond Insurance Moves to Capstone

Not only are we celebrating our 5 year anniversary the whole month of March, we will be moving into our new office space! We can’t wait to be apart of the beautiful community of Capstone.
Our new address will be #205 5589 47th St. You can find us on the riverfront beside our wonderful neighbours DOSE Coffee Co., Wheelers Bike Repair , Pure Earth, and Ciao Bella.
We are so close to moving in to our new space in Capstone. Have you been down to the beautiful riverfront community yet? So many great amenities, trails, and businesses. We are very excited to join this growing community.
Our office will remain appointment only, so be sure to find your broker on our website and book a time to come in and see them and our new space.

Local Insurance Brokerage Wins National Recognition

The Insurance Business Canada Awards has named Red Deer’s Beyond Insurance as the Travelers Canada Award for Brokerage of the Year for fewer than 10 staff. Local Insurance Brokerage Wins National Recognition. 

The national award recognizes the brokerage that has displayed excellence over the past 12-18 months in the areas of client retention, customer service proposition, staff development and retention, business value proposition and strategy, and financial results including business growth.  

Co-Owners Matt and Andy Cassidy were ecstatic to  receive the award at a virtual ceremony held November 18, 2021.

“We are humbled and honoured by the recognition and we credit our growing business success to our focus on customer service, business innovation, and staff development,” said managing partner, Andy Cassidy.  “We love serving the people of central Alberta and take pride in ensuring their portfolio of insurance products is property suited to meet their needs and protect their assets.”

Beyond Insurance was one of eight nominees from across the country announced in September 2021.  Eligibility consisted of having less than 1o staff including all support staff and brokers writing business and being independently branded and headquartered in Canada. 

Presented by Insurance Business, the awards are the leading independent awards event for the insurance profession in Canada. Winners in all categories were selected by an independent judging panel of industry experts and announced at virtual awards shows November 17-18, 2021. The virtual show also featured a live panel discussion with the finalists. 

Founded in 2017 by locals Matt and Andy Cassidy, Beyond Insurance currently has eight staff and is located in downtown Red Deer.  Beyond Insurance is proud to be a community supporter and advocate. Their brokers are insurance experts that live, volunteer and contribute to Red Deer and Central Alberta.

Beyond Insurance is a full-service insurance brokerage and specializes in conducting an in-depth assessment of their clients unique needs to help them develop a gap-free wealth protection plan for both business and personal insurance needs. They are a proud partner of Excel Insurance. For more information about the brokerage, appointments, or quotes go online at  https://beyondinsurance.ca/

DCPD & The New Alberta Auto Reform

What you need to know about DCPD coming January 1 2022.

DCPD & The New Alberta Auto Reform
By Christina Kelley

Here’s what you need to know about DCPD & The New Alberta Auto Reform. Changes are coming to the way claims for vehicle damage are settled in the province, and
Albertans who are not at-fault in a motor vehicle collision will soon be able to turn to their own
insurance companies for help rather than relying on a third party provider.
The new Alberta auto reform takes effect on January 1, 2022, and under the new legislation,
Direct Compensation for Property Damage (DCPD) replaces the existing property damage
portion of the third party liability coverage on your automobile insurance policy.

What is Direct Compensation for Property Damage (DCPD) Insurance?

DCPD is designed to enhance the consumer experience by improving the way insurance
companies are able to support their customers. DCPD is a part of the mandatory automobile
insurance and applies to all private passenger, recreational and commercial vehicles insured in
the province.
Under the new system, Albertans who are considered not at-fault in a motor vehicle accident
are able to seek compensation for damages to their vehicle and vehicle contents, as well as
coverage for loss of use or replacement transportation from their own insurance providers.
This reduces the need for subrogation (and other formalities) between insurers which means
claims will be handled in a more timely and efficient manner.

Beyond Advice: Not all not at-fault collision losses will be covered under DCPD Insurance. Examples
where this is the case include claims arising from a hit & run, collision with an uninsured vehicle, or
accidents involving two vehicles both owned by the same person. In each instance, damage to the
insured vehicle is only covered if Physical Damage (Collision and/or Comprehensive) coverages have been
purchased by the vehicle owner prior to the loss occurring.

What happens if I’m deemed at-fault or partially at-fault in a collision claim?

DCPD Insurance responds to the same extent a driver is found not at-fault in a motor vehicle
collision. This means that insurance providers will be required to cover 100% of the vehicle
damage claim for a driver who is deemed 100% not at-fault for the loss.
Where a driver is found to be at-fault for a collision loss, DCPD will respond to the portion of
the vehicle damage claim equal to the same percentage that driver is considered not at-fault,
and in these cases, optional Collision coverage is required to cover the remainder of the claim.

Take a look at the following claim example:

  • Driver A and Driver B are both involved in the same motor vehicle collision causing
    damage to each of their vehicles.
  • Driver A is found to be 25% at-fault for the loss and Driver B is deemed 75% at-fault.
  • Driver A chose to purchase the optional collision coverage prior to the accident taking
    place. On the other hand, Driver B chose to decline the optional collision coverage.
  • Since Drive A chose to purchase the optional collision coverage, DCPD Insurance will
    respond to cover 75% of the vehicle damage claim. The remainder of the claim (the
    portion equal to the 25% at-fault determination) will be covered under the optional
    collision coverage and subject to a collision deductible.
  • For Driver B who chose to decline the optional collision coverage, DCPD will respond to
    cover 25% of his/her vehicle damage, and the remainder of the claim (equal to the
    percentage at-fault) will be paid out-of-pocket.

Following a collision, your claims adjuster will gather and review every detail of the accident
including police reports, witness statements and consultations with the examiner who assessed
the vehicle(s) for damage. After review, fault will be allocated based on these details and the
DCPD Fault Determination Rules.

How will the new system affect my automobile insurance premiums?

Under the new DCPD system, insurers are no longer responsible for paying for damage to
vehicles they don’t insure. This is the most significant change as it removes uncertainties and
allows insurers to deliver a more precise and accurate pricing model to the consumer with
premiums for DCPD coverage based on the costs associated with repairs to the specific vehicle
insured.

Stated simply, Albertans who own inexpensive vehicles will pay less for DCPD coverage than
those who own expensive vehicles with higher repair costs.

To discover how your vehicle compares to others on the road, check out the Insurance Bureau
of Canada’s annual publication: How Cars Measure Up 

Claims made under DCPD will have no adverse affect on premiums.

Beyond Advice: While insurance providers are required to provide DCPD coverage with a $0 deductible,
many insurers have chosen to implement deductible options which can be applied to lower premiums.
When considering deductible options for DCPD coverage, it’s important to keep in mind that the
legislation prevents the policy holder from recovering the deductible from an at-fault driver when a claim
has occurred.

Do I need to contact my agent before these changes take affect?

Albertans are not required to do anything before DCPD takes affect on January 1, 2022. The
legislative changes will be considered automatically written in to all existing Alberta automobile
insurance policies.

For consumers seeking more detailed information, visit:
Alberta Auto Insurance Reform
Direct Compensation for Property Damage
IBC

 

Be sure to reach out if you have any questions. We are your insurance industry partner and we keep on top of changes in the industry. 

Let us help you navigate these changes, we are experts in creating gap-free protection plans and are here to offer guidance in any phase of your decision-making process. 

Finalist for Brokerage of the Year

 

We are proud to announce that our brokerage has been selected as a Finalist for the Travelers Canada Award for Brokerage of the Year (fewer than 10 staff) in the sixth annual Insurance Business Canada Awards, the leading independent awards event for the insurance profession in Canada.

Presented by Insurance Business, the Insurance Business Canada Awards recognizes insurance professionals and organizations for their outstanding achievements, best practices and leadership in the insurance profession over the past 12 months.

“We are incredibly honoured to be nominated as a finalist for Brokerage of the Year (fewer than 10 staff). This is a huge recognition and achievement for our brokerage and reflects on the hours of thoughtful innovation we have invested into making our brokerage a true industry leader in service delivery, expertise, and community reputation,” says Andy Cassidy, Managing Partner and co-owner of Excel Beyond Insurance. 

“We have worked hard at elevating the level of knowledge and service delivered to clients and fostering a highly professional environment by likening our broker services to other financial service professionals such lawyers and accountants,” says Matt Cassidy, President and co-owner of Excel Beyond Insurance. “Congratulations to our fellow finalists and good luck to everyone. We are proud to stand with such noteworthy brokerages as we all work towards elevating the respect, relationship and integrity between staff, clients, and especially broker to broker interactions.”

Winners will be selected by an independent judging panel of industry experts and then revealed at the celebratory virtual awards show happening November 17-18, 2021. The virtual show will also feature live panel discussions with the finalists.

For the full list of finalists or more event information, visit www.ibawards.ca.

About Excel Beyond Insurance: Highly entrepreneurial people and businesses have complex insurance needs. Excel Beyond Insurance conducts an in-depth assessment of their unique needs and helps them develop a gap-free wealth protection plan that frees them to live purposeful, passionate lives and leave behind an impactful legacy. 

 

Builder’s Risk Insurance

Understanding the Gap between your Personal or Commercial Property Policy &
Builder’s Risk Insurance.

Whether you are considering a major home renovation, planning to remodel your office space,
or building something new from the ground up, if you haven’t notified your insurance company
before the work begins, your time and the money you’ve invested likely aren’t covered. You
could be voiding the coverage on your existing residential or commercial property policy as
well.
Structures under construction pose an inherently greater risk to insurers than those that aren’t
because there is more opportunity for things to go wrong. This is true no matter the size and
scope of the work being done.

Accidental damage to exposed pipe or wiring can cause severe and often devastating fire or
water losses. Construction sites that are vacant or unoccupied are more attractive to thieves
and other criminals, and a labor shortage in the industry has companies desperate to fill new
positions as the industry continues to flourish with inexperienced or over-houred tradesman.
These are just a few examples of why insurers across the country have attached conditions to
the policies they offer that exclude coverage to any building under construction unless
permission is granted before work begins.

Beyond Advice: Permission granted doesn’t necessarily mean coverage granted. Your insurance
company may add an endorsement or special condition to your residential or commercial property policy
expressing consent for you to proceed with your renovation or construction project, but if you haven’t
discussed the coverage provided – and the exclusions that still apply – with your insurance provider, you
may find yourself inadequately covered should a loss occur.

“I’ve hired professional contractors. If something goes wrong, I’m protected by their
liability insurance.”

While that statement may be partially true (some of the time), it is important to remember that
the sole purpose of your contractor’s General Liability policy is to protect them. Not you.

The Commercial General Liability (CGL) policy is designed to respond in the event the policy
holder is sued for property damage or personal or bodily injury which is caused by the use of
their products, services, or the negligent actions of their employees. It provides the policy
holder with coverage for legal expenses, court-awarded damages and out-of-court settlements.

 

What does this mean for the property owner when a loss occurs?

A contractor’s liability insurance will only respond to loss or property damage if the contractor
is found liable or at-fault for the loss or damage that occurred, and often, when a claim arises,
liability is disputed by one or more of the parties involved.
When this happens, reaching a settlement can be both costly and time-consuming. For the
property owner who is ill-prepared and under-insured, this can mean project delays and for the
business owner, there is potential for lost revenues.

 

How does Builder’s Risk Insurance work to fill these gaps?

Also known as a Course of Construction policy (COC), Builder’s Risk Insurance is short-term,
project specific and tailored to meet the property owner’s coverage requirements in all areas of
the construction process.
From design to wrap-up, a Builder’s Risk policy offers protection against losses or damage
suffered at the construction site and to the building undergoing construction. It provides
coverage for both hard costs, such as labor, materials and equipment related to the project
insured, and soft costs such as professional or administrative fees, project management costs
and interest on money borrowed.
In the event liability is disputed, the Builder’s Risk policy will respond immediately, and claims
made against the policy should have little to no impact on the property owner’s claims rating
under their existing residential or commercial property policy.
Usually the responsibility of the property owner, Builder’s Risk Insurance is written with a
broader definition of who qualifies as a named insured, and is made available to any party with a financial interest in the project. While not an inclusive list, coverage may extend to the
general contractor, construction manager, sub-contractors, lender and building engineer.

Beyond Advice: Never assume the contractor you’ve hired has obtained Builder’s Risk Insurance for your
property on your behalf. If the contractor is required to obtain coverage as part of your written
agreement, make sure you receive proof of coverage prior to your project’s start date.
One final note for every property owner to consider – although placing coverage after
construction has started is not impossible, it can be more difficult. Often times, it’s also more
expensive.

If you have construction planned, or are simply entertaining the idea of a new project, it’s both
wise and recommended to speak with your insurance broker today!

Watercraft Insurance & Safety Tips

Ready to get that new boat out on the water this summer?

Watercraft Insurance & Safety Tips.

Trust our expert brokers to review the right insurance options for you and help get you properly protected and insured. Our watercraft insurance policies help to protect your boat, the equipment and occupants. Contact us today at 403.392.6118 and learn about our affordable coverages for all of your recreational needs.

Water sports, relaxing in the sun and splashing in the water are great ways to make memories with family and friends. Water lovers must be careful near the marina and dock, though, to ensure that their getaways are safe ones. If you are hitting the open waters this season, don’t forget these safety tips!

  • Dock at a marina that has standpipes, fire extinguishers, good lighting, surveillance cameras and security measures in place.
  • Always wear personal flotation devices when on the water, and require them for children and those that cannot swim.
  • Do not swim near a marina since boaters cannot see you when they are trying to dock.
  • Keep your boat in good condition with all equipment meeting safety standards established in your area.
  • Ensure that the marina has the proper power voltage for your boat.
  • Add fuel to portable tanks on the dock only; never on the deck of your boat.

Safety First

To avoid a potential fire onboard, inspect fuel hoses and containers on a regular basis to prevent the escaping vapors from going into bilges. Also, check the wiring and all appliances on deck for damage frequently. As a safety precaution, keep fire extinguishers on deck and fit smoke detectors to the cabin.

 

Have you been itching to get out on the water and haven’t been able to find the right watercraft for you? Try renting first and see which type of watercraft best suits your needs. Our friends at Sun Sports Rentals in Sylvan Lake have some great options for rentals.

 

Top 5 Motorcycle Safety Tips

Gear Up & Ride Safe This Motorcycle Season

Read our Top 5 Motorcycle Safety Tips from our Commercial Account Executive, Christina Kelley. Find out more about Christina or book an appointment with her HERE.

For many of us, riding is a way to escape the ordinary or the mundane. We anticipate those all too brief moments when we feel the sun on our backs and can smell the scent of spruce and pine trees co-mingling with fresh cut grass and backyard barbeques. For others, riding is a way of life, and there is nothing more gratifying than the feel of the road beneath their tires and the engine rumbling between their legs.  

While there may be many reasons to ride, the one thing all riders share in common is our vulnerability on the road. May is Motorcycle Awareness month, and as we kick-off this year’s riding season, here are a few tips to help keep you safe:

Know your skill level & ride within it.

Exercise good judgement in ride selection. Know how much weight you can handle and how much power you can safely control. You should be able to plant your feet on the ground, and your arms at a comfortable angle. 

Take a motorcycle training course, and always plan your route ahead. When travelling in a group, be mindful of your limitations, and don’t push them to keep pace with others. Be prepared for inclement weather, and leave your bike at home if you’re not confident riding in it. 

Love your ride & get to know every inch of it. 

A motorcycle in poor running condition is a danger to the rider, as well as other drivers on the road. Get to know every inch of your motorcycle, and perform a proper mechanical pre-trip inspection each time you ride. Learn how to check your tires, frame, lights, fluids, brakes and controls. 

Remember, if something doesn’t look or feel right, it probably isn’t. If you aren’t sure that your motorcycle is in proper running condition, do not ride it until it can be examined by a certified motorcycle technician. 

Annual maintenance and adequate winter storage are equally important and should not be overlooked. 

Leave your flip-flops at home.

No one plans to be involved in a collision, but even the most highly skilled riders in the best conditions can find themselves in a potentially fatal situation. From the moment you open that throttle, the only thing protecting you from a serious case of road rash (or worse!) is the gear you’re wearing. 

The proper equipment will not only prevent serious injury, but it is also our greatest combatant against the elements. Always protect your face. Wear pants, not shorts. Never ride without boots, gloves, and a helmet that complies with federal safety standards. Your clothing should be well-fitted, well-vented, and made with leather, textile or Kevlar material. 

Always insist that your passengers adhere to the same set of standards. 

Never assume another driver can see you.

Choose lane placement wisely, and always ride in the most visible position. Know and obey the rules of the road, ride defensively and within the speed limit. Slow down in inclement weather, maintain a clear line sight, and always be on the look out for debris and other road hazards. Avoid other drivers’ blind spots, and make sure to keep a safe distance between yourself and other vehicles. Signal well in advance, and learn to use hand signals as well as the turn signals your bike is equipped with. 

Be especially vigilant at intersections. Stay Alert and ride sober. 

Protect your Investment.

Keeping yourself and others safe is arguably the most important priority this riding season, but it isn’t the only thing motorcycle owners should keep in mind. Before you set out on the road, it’s important to make sure that the money you’ve invested to ride is properly insured in the event of a collision or other claim situation. 

If you lay your bike down and destroy your riding gear, will your insurance company provide coverage to replace them?

Is damage to your motorcycle covered if it falls off the vehicle or trailer transporting it? 

Is your aftermarket sound system or custom exhaust considered in the actual cash value of your motorcycle, or do additional coverages need to purchased? 

Is the cost of that killer paint job taken into consideration when determining the value of your motorcycle? If not, what are the steps you can take to ensure your financial investment is protected? 

If you don’t know the answers to these questions, make sure to reach out to your insurance agent to start the conversation today!

For more information on Alberta safety standards and regulations, visit https://www.alberta.ca/motorcycle-safety.aspx or check out the Alberta Motorcycle Safety Society website to find additional resources for the new and well-seasoned rider. 

Have more questions about motorcycle insurance or want to talk to one of our skilled brokers? Book an appointment today! Or Get a Quote online.

 

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