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There are many types of business insurance in Ontario. Because of this diversity, the available options are sometimes confusing. For a new company without staff or an existing company with a team of employees, it is therefore important to decide which level of insurance you should take and which is recommended.

Here is a list of types of corporate insurance in Ontario that you can consider:

Business Travel Insurance – Some employees travel a lot around the world. Coverage for delays, loss of life and injury; Equipment and money recommended.

Loyalty guarantee – If you are concerned about a dishonest employee, loyalty insurance covers loss of money or stock.

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Key Man Insurance – Some companies will not function properly without certain people. It is not uncommon for directors and officers to be insured against loss of income due to death.

Home insurance – As with home insurance, your place of business must be insured for a full replacement.

Content Coverage – If your company owns several types of stock, consider insuring your business content.

Plant and Equipment – Like content insurance, you can ensure your machinery or equipment.

Transit Insurance – This is popular insurance for shipping goods with a high net worth. Swiss Post always asks for the value of the shipped item. Protection for goods in transit works the same way.

Technical insurance – Technical insurance covers electrical or mechanical damage.

Business interruption insurance – Loss of income and expenses is possible.

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