Running a daycare, preschool or after-school care program is about more than providing a nurturing space for children. It’s also about ensuring the safety and security of your business. That’s where NFP’s daycare insurance solutions come in — offering not just coverage, but also the education, resources and expert guidance that daycare operators need to navigate today’s challenges with confidence.
“Childcare providers are focused on creating a safe, educational and fun environment for kids, but they also need to consider the financial and legal risks involved in running a business,” says Sheilagh Knapton, client director, Business Insurance at NFP.
“Our daycare insurance program helps mitigate those risks, offering coverage that addresses the specific needs of childcare providers.”
Protection Beyond the Basics
NFP’s daycare insurance program provides a robust package of coverages to ensure that childcare centres are shielded from risk. This includes property coverage for commercial buildings, equipment and stock, so everything from furniture to learning materials is safeguarded.
Business interruption coverage is another critical component, covering loss of income due to unforeseen closures for up to 12 months. The policy also includes full payroll coverage for up to 90 days, so business owners can continue to support their staff even when operations are disrupted.
NFP provides a range of resources tailored specifically for daycare centres, including guidance on emergency preparedness, staff training recommendations and legal compliance insights. These supports help reduce risks, improve operational efficiency and ultimately contribute to the success and longevity of your daycare businesses.
More Than Just a Policy
What sets NFP apart is its commitment to supporting childcare providers beyond insurance coverage. The program includes 24/7 claims service, trauma assistance and risk management support. Cyber risk coverage is also available, an increasingly important feature as daycare centers increasingly rely on digital records and communications.
“One of the key differentiators of NFP’s program is our commitment to education and ongoing support,” says Sheilagh. “We work alongside daycare owners to help them develop safety protocols, understand evolving regulations and create a safer environment for children and staff.”
NFP’s program goes beyond property protection, offering crime and fidelity coverage to shield businesses from financial losses due to employee dishonesty or theft. The policy also provides commercial liability coverage, which covers legal expenses and defense costs, including abuse and molestation liability.
“Unfortunately, legal risks are a reality in any business, and daycare providers are no exception,” says Knapton. “Having the right liability coverage in place is essential.”
Flexible and Accessible Solutions
Understanding that childcare providers operate on tight budgets, NFP offers flexible payment options to make coverage more accessible. Whether you run a small home-based daycare or a large childcare centre, this program is designed to scale to your needs.
“Daycare owners put their hearts into their businesses,” says Knapton. “Our goal is to protect that investment, so they can focus on what truly matters — caring for children.”
For childcare providers looking for peace of mind, NFP’s daycare insurance program offers a comprehensive, industry-specific solution.
To learn more about how NFP can help protect your business, reach out to Sheilagh Knapton at sheilagh.knapton@nfp.ca or call 800.668.3213 ext. 40586.