RSA creates new product for sellers of renewable energy

RSA has launched a new product designed to protect homeowners and small businesses that sell renewable energy to the Ontario government in the event of lost income. The product covers the actual equipment against all risks of direct physical damage and loss of income up to $5,000 directly resulting from the interruption of power generation and sale of energy caused by an insured loss to the building or equipment.This new product from RSA is intended to allow customers to take advantage of an Ontario government program called microFIT. The program enables customers to sell renewable energy generated through wind turbines or solar panels on their properties back to the electricity grid.