Personal Umbrella Coverage – Insurance for Union Members
Consider Adding the Protection of Umbrella Coverage – Insurance Discounts for Union Members and Retirees!
Whether you’re on the job site, recently retired, or enjoying life at home, it’s essential to ensure that your insurance protects not just your home and vehicle, but your financial future as well. That’s where personal umbrella coverage comes in — we offer insurance for union members that make this extra protection worth valuable peace of mind.
We’re proud to support the hard-working individuals who keep our communities moving — union members and retired union members.
Key Takeaways
- Personal umbrella insurance adds an extra layer of liability protection beyond home and auto policies.
- Everyday events — like driving, hosting guests, or social media use — can lead to costly liability claims.
- Umbrella coverage provides global protection, even when travelling outside of Canada.
- It’s an affordable way to protect your lifestyle, savings, and peace of mind.
You Deserve More Than Basic Coverage
While standard home and auto policies offer essential protections, they have limits. If a serious accident or liability claim exceeds those limits, you could be left personally responsible for the remaining costs. That could mean dipping into savings, selling assets, or sacrificing your financial goals.
As a union member, you’ve spent your career advocating for fairness, safety, and security. At WVI, we believe your insurance should do the same — with coverage designed to go beyond the basics. A personal umbrella policy is designed to bridge the gap between claims and costs.
What Is Personal Umbrella Coverage?
Personal umbrella coverage is a type of insurance that adds additional liability protection on top of your existing home, auto, or tenant policies.
It kicks in when your standard policy limits are maxed out, covering legal fees, settlements, and damages you’d otherwise have to pay out of pocket.
Umbrella insurance also covers certain risks not included in regular home or auto policies — and it provides worldwide protection, so you’re covered even while travelling outside Canada.
Think of it as a financial safety net — one that protects everything you’ve worked hard to build.
Five Real-Life Scenarios That Call for Umbrella Coverage
You might be thinking, “I’m not a millionaire — why would I need extra liability coverage?” But liability risks don’t only affect high-net-worth individuals. They affect everyday Canadians in very real ways.
Here are five scenarios where umbrella coverage can save the day:
1. An Accident on the Job… or the Road
Even if you’re a careful driver, serious car accidents can lead to legal claims that exceed your auto policy limits. Whether you’re commuting to work or heading to the cabin, an umbrella policy ensures you’re not left footing the bill.
2. Teenagers, Social Media, and Online Risks
If you have kids or teens at home, you’re already managing a world of digital responsibility. But a single post or shared photo could lead to a defamation or privacy lawsuit — and as the parent, you could be liable. Umbrella insurance extends to family members and helps cover legal costs.
3. Hosting Friends and Family at Home
From birthday parties to backyard barbecues, hosting comes with hidden risks. A guest slipping on your icy walkway or a child injured in your yard can result in liability claims. Umbrella coverage offers an extra layer of protection beyond your home insurance.
4. Owning a Rental Property
If you’re a retired union member supplementing your income with a rental unit, you’re exposed to more liability risks than the average homeowner. Umbrella coverage can help shield you from tenant-related claims — like injury, property damage, or legal disputes.
5. Travelling Outside of Canada
Whether you’re exploring new places post-retirement or travelling for work, your standard insurance may not follow you internationally. Personal umbrella coverage often includes worldwide protection — giving you peace of mind, wherever you go.
How Much Coverage Do You Need?
Umbrella policies typically start at $1 million in additional liability protection, with options up to $5 million or more.
The right coverage depends on factors such as:
- Your total assets (including home equity, investments, and savings)
- Your retirement income or pension
- Your risk exposure (travel, rental property, teen drivers, etc.)
- Your comfort level with potential out-of-pocket costs
Our team works to assess these factors and recommend coverage that fits your life and your budget.
Most Common Questions People Have About Umbrella Coverage
Q: Is umbrella insurance expensive?
A: Not at all. Umbrella coverage is often just a few dollars a day — a small price for peace of mind.
Q: Do I need home and auto insurance to qualify?
A: Yes, umbrella insurance works as an extension of your primary policies, so you’ll need home and auto coverage in place.
Q: Does umbrella coverage apply to my whole family?
A: Yes, it usually extends to household members, including your spouse and dependent children.
Q: Will it cover me if I volunteer or sit on a board?
A: Many umbrella policies extend to non-paid roles, including volunteer work and board memberships — but be sure to discuss your situation with your broker.
Why Union Members Trust WVI
Working Ventures Insurance Solutions has proudly served Canada’s union members for decades. We’re not just another insurance broker — we’re your ally in protecting what matters most.
When you work with WVI, you benefit from:
- Exclusive insurance discounts for union members and retirees
- Personalized service from experienced, licensed brokers
- Access to Canada’s top-rated insurers
- Honest, jargon-free advice that puts your needs first
- We make it easy to review your coverage, close the gaps, and secure your future.
Protect More. Pay Less. Peace of Mind – Insurance Discounts for Union Members.
Liability risks don’t announce themselves — they show up when you least expect them. Whether it’s an accident, a legal claim, or an incident abroad, personal umbrella coverage helps ensure one moment doesn’t undo everything you’ve built.
Not a union member? You can still benefit from the peace of mind personal umbrella coverage provides—talk to our team today to explore your options.
Get Started Today
Contact us to speak with a licensed broker and find out how personal umbrella coverage can protect your family, your assets, and your future.