Bleed on a Powerclip?

I am a MASSIVE newbie to design let alone Coreldraw. I feel like I am starting to get my bearings, but I have one issue that someone with expertise could figure out in a second I'm sure.

I have a label application I am printing on my printer/plotter combination. I have defined the object with the spot color that will cut out my label and Powerclip will work perfect as I need to put in various designs into the object and this makes this step a breeze. The issue I have though is my plotter will likely not always cut the edge of the object and therefore the image perfectly, so I'm afraid white space may show. 

Is there any way to define a slight (.5 mm or so) bleed past the object? Otherwise, does anyone have a suggestion on the best way to make this work?

Thanks

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