| What is General Liability? | | | | or claims brought against the insured by third parties. |
| General liability provides a company or individual | | | | Hold harmless agreements will transfer the risk of |
| coverage and protection against losses from a | | | | financial loss from one party (the insured) to another |
| lawsuit. The policy covers defense costs for charges | | | | party. These types of agreements are common; |
| brought forth in a lawsuit, including attorney fees, | | | | however, the underwriter will usually want to see a |
| investigation costs, and other legal expenses. General | | | | copy of all hold harmless agreements before they |
| Liability will cover a company or sole proprietor for | | | | offer a commercial liability quote. |
| damages awarded to a third party in the event of | | | | What is Workers Compensation (Workplace Safety |
| injury or for damage's which the company or | | | | Insurance Board) of Ontario? |
| individual insured becomes legally responsible, including | | | | Workers Compensation (WSIB) insurance provides |
| loss of use of property claims. | | | | certain payments to an employee who suffers an on |
| What is an additional named insured? | | | | the job injury due to an accident or occupational |
| In a lot of cases Construction contractor's frequently | | | | disease. |
| require additional contractors to complete different | | | | Do I need Worker's Compensation (WSIB) if I am |
| phases of projects and will add the sub contractor to | | | | the sole proprietor? |
| their general liability policies as additional named | | | | This is a good question and asked quite often. You |
| insured’s. It is a precaution in the event that the | | | | are not required to purchase Worker's Compensation |
| subcontractor becomes legally liable with charges | | | | WSIB Insurance if you work alone or if you have no |
| alleged for their workmanship or the result of an | | | | employees. You can exclude yourself from Worker's |
| injury to a third party. One example is an unsafe | | | | Compensation by obtaining a waiver of Subrogation. |
| worksite where a person becomes injured in the area | | | | What happens when an employee’s injures |
| that was not safe. Insurance companies need to | | | | themselves on the jobsite; does general liability cover |
| know about all sub-contractors and their experience | | | | them? |
| for a contractual indemnity agreement whether they | | | | Employees are excluded in lawsuits and have no |
| have their own insurance policy or not. | | | | coverage with respect to injuries sustained by the |
| What do I do if I have a claim? | | | | named insured, its partners or members, or to |
| If a claim occurs, you need to immediately contact | | | | another employee or volunteer. This would be a |
| your agent, broker or insurance company. You will | | | | worker’s compensation matter. |
| then need to provide all pertinent details on how the | | | | What is a Certificate of Insurance? |
| claim happened and provide witness information as | | | | Certificates of Insurance are issued as proof of |
| well as time date and location. Try to gather as much | | | | insurance to contract a project. Contractors may |
| information as you can to make it easier for you and | | | | have many certificate issued to separate projects. |
| the insurance adjuster. | | | | The certificate is a document providing the |
| What is a hold harmless agreement? | | | | insured’s name, the liability limits, the effective |
| Hold harmless agreement's, promises to reimburse or | | | | dates of the policy, as well as, the brokers name and |
| defend, the other party against legal liability lawsuits | | | | address. |