Retail Pak

You take pride in selling quality products at reasonable prices, and your attention to detail has made your retail business a success. You’re profitable because you take care of your customers, and pride in your work.

But, surprises and accidents can happen. Protect your hard work and the success
that you’ve built with a Retail Pak from ICPEI.

Policy Highlights

Comprehensive protection at a competitive price

Property: automatic protection for your building and everyday possessions at your business, including merchandise, equipment (like cash registers or photocopiers), signs and tenant improvements.

Loss of Income: coverage for actual losses sustained if you’re unable to conduct business due to an insured loss.

Liability: coverage starts at $1 million and protects you if you’re found legally responsible for property damage or injury to another person.

Crime: provides coverage for loss of money and securities, as well as employee dishonesty.

Equipment Breakdown: automatically covers items like water heaters and boilers, as well as mechanical, air conditioning, electrical and electronic equipment at your place of business.

Eco-friendly replacement cost: at your request an extra 20% may be provided for replacement of damaged property, like equipment, appliances or building materials, with more energy efficient or environmentally friendly items.

With ICPEI’s Retail Pak, you can focus on selling your products or services – not with risks and what-ifs.


If your retail business-type is listed below, and has a property value up to $2.5 million and gross annual revenue up to $5 million, you could also be eligible for instant pricing. Larger operations may still qualify. Talk to your ICPEI broker to determine your eligibility.

  • Computer sales and service centres
  • Copying centres
  • Mobile phone stores
  • Optical labs or stores
  • Appliance stores
  • Electronic games and equipment stores
Home and garden
  • Floor covering sales and/or installation
  • Hardware stores
  • Paint and wallpaper supply stores
  • Home furnishing and fixture stores
  • Lawn and garden supply stores
  • Locksmith shops
  • Butcher shops
  • Fish markets
  • Grocery stores
  • Drug stores
  • Men’s or women’s clothing stores
  • Children’s and infants’ wear stores
  • Shoe stores
  • Dry cleaners
  • Vacuum cleaner sales, service and repair
  • Fabric, seamstress and/or tailor shop
  • Pet grooming centres or pet shops
  • Florists (excluding greenhouses)
Specialty and Hobby
  • Art and hobby supply stores
  • Bicycle shops
  • Book, gift or greeting card stores
  • Camera or photography supply stores
  • Photographer’s portrait studios or photo labs
  • Music or musical instrument stores

This product is available in these regions:

  • New Brunswick
  • Nova Scotia
  • Prince Edward Island