commercial insurance
Commercial General Liability Insurance
As a business owner, you must be aware of the fact that anyone who gets associated with your company or employees can always file a claim or lawsuit against your company for reasons like physical injuries or wrongful termination.
For this reason, there is a need for getting commercial general liability coverage. But how will you know you’re choosing the right company?
This is the reason I put my best foot forward to help you choose from the best commercial general liability insurance companies in Ontario. I will help you shortlist options after assessing risks and analyzing costs. Moreover, I will only be a call away should you need my assistance.
Commercial general liability insurance is the best way to get out of sticky situations that business owners face. It will protect your company and employees against property damage claims, as well as those of bodily injury, should there be an accident at your workplace.
The right insurance coverage will cover associated medical and legal costs. Also, your business will be protected against liability claims with regards to product liability is you choose the right commercial general liability coverage in Ontario.
Commercial Property Insurance
At the point when certain events occur, Commercial Property Insurance can pay for business property that is stolen, damaged, or obliterated. That property ordinarily incorporates…
Your office building. This normally implies the building, yet it can incorporate permanent fixtures, hardware, and machinery.
Contents of your building. This incorporates things that can be effectively stolen, similar to stock, office equipment, and different supplies.
Other peoples’ property. This class incorporates things that are left in your consideration, authority, or control. For instance, a client may utilize an outlet on your premises to charge her phone or laptop. When it’s in your care, you could be dependable if it’s damaged.
Business Property Insurance pays when your stuff is damaged by normal issues like fire, robbery, or windstorms. Be that as it may, a few things that reason property damage are frequently rejected. Two major ones are floods and tremors.
I will help you read your policy cautiously and figure out what they do and do not provide as an inclusion in the commercial property insurance in Ontario.
Cyber Insurance
echnology, social media and transactions over the Internet play key roles in how most organizations conduct business and reach out to prospective customers today.
Those vehicles also serve as gateways to cyberattacks. Whether launched by run-of-the-mill hackers, criminals, insiders or even nation states, cyberattacks are likely to occur and can cause moderate to severe losses for organizations large and small.
As part of a risk management plan, organizations routinely must decide which risks to avoid, accept, control or transfer. Transferring risk is where cyber insurance comes into play.
A cyber insurance policy, also referred to as cyber risk insurance or cyber liability insurance coverage (CLIC), is designed to help an organization mitigate risk exposure by offsetting costs involved with recovery after a cyber-related security breach or similar event.
Cyber risks change frequently, and organizations tend not to report the full impact of breaches in order to avoid negative publicity and damage the trust of customers.
Contractor Insurance
Errors and omissions insurance is a form of liability insurance. It protects companies against the full costs of a claim made by a client against a professional who provides advice or a service such as a consultant, financial adviser, insurance agent, or a lawyer.
For example, a client may sue an adviser or broker after an investment goes sour, even if the risks were well-known and within the guidelines established by the client. Even if a court or arbitration panel finds in favor of a broker or investment adviser, the legal fees can be very high, which is why E&O insurance is important.
The benefits E&O insurance gives companies or individuals vary greatly depending on the policy and issuing insurance company. E&O insurance may or may not cover temporary employees, claims stemming from work done before the policy was in force, or claims in various jurisdictions.
These policies do not cover criminal prosecution and certain liabilities that may arise in civil court not listed in the policy.
Events Insurance
Congratulations! Planning a wedding is an exciting time, but it can also be stressful. The last thing you want to think about is what if something goes wrong on your wedding day.
Let me help you alleviate some of your wedding-planning stress so you can have peace of mind, and one less thing to worry about.
Is your venue requiring a Liability policy? Then I will have you covered. Our Liability policy includes Host Liquor Liability and naming your venue as an Additional Insured, all for no additional cost.
Our Cancellation policy will protect you in the event that something goes wrong leading up to or on your wedding day that’s out of your control.
If a wedding vendor unexpectedly goes out of business and keeps your deposit, if you need to cancel or postpone the wedding due to an injury or illness in the family, if your wedding venue is damaged, or if there are accidents and injuries at the wedding ceremony or reception – hey, it can happen – we can protect your investment in your wedding so you’re not out of pocket.
Errors and Omissions Insurance
While it’s true that life is a gamble, you should never risk what you can’t afford to lose. This principle holds weight in many different aspects of life, especially those that involve substantial risk – hiring a general contractor included.
When you bring a general contractor on-board for a construction or home remodeling project, he or she assumes responsibility for the build and just about everything else that happens on the job site. And with that enormous responsibility comes an equally massive liability.
Whether it’s a commercial building or a residential renovation project, construction jobs can easily become the largest investment of your life. That said, you have to protect yourself from any issues that might arise after the work gets off ground.
Professional liability insurance is coverage that extends beyond the coverage provided in a standard business insurance policy. It is specialty coverage and it’s applicable to all business types – small business, home-based business, larger enterprises.
It protects you against financial losses from lawsuits. Without professional liability insurance, you would be responsible for all legal costs.