small business insurance in ottawa, eastern ontario

5 Types of Insurance Your Business May Need

Posted by on May 05, 2015 in Insurance Advice

Owning a small or medium size business requires juggling a lot of priorities and responsibilities. For business owners, it can be tough to know exactly what you need to support your daily operations, and that certainly holds true for insurance. Small business insurance is essential for most, but many organizations should be protected for different sorts of situations beyond their standard insurance policies. Here are five types of insurance offered by Oegema, Nicholson & Associates that may fit the bill for your company.

small business insurance

Types of Business Insurance

Employers Liability: Employers’ Liability is crucial for all businesses who are not required by law to carry Worker’s Compensation. It can protect your company from an employee who claims job-related injury. Even if you may not think of your company’s environment as a “risky” type of environment, Commercial Employers’ Liability Insurance is an ideal supplement to a commercial General Liability policy in order to make sure your business is protected from all angles.

Employment Practices Liability: We’re living in a time where corporate lawsuits are becoming commonplace. Employment Practices Liability Insurance (EPLI) works to keep your organization protected from that threat. Some common types of EPLI coverage include wrongful termination, discrimination, workplace harassment and more. If a suit is brought against your organization, it can provide some peace of mind to know that you have a policy that will support the company in such an event.

Professional Liability Insurance: If your company is in the business of providing advice or service to clients, you may want to consider professional liability insurance. It is also sometimes known as Errors & Omissions Insurance. Essentially, it can provide coverage in the event that you a client is trying to hold you liable for their financial losses.

Cyber Security Insurance: These days, companies are handling more of their customers’ data than ever before. Should you be subject to a data breach or a hack, that can be disastrous to your organization’s bottom line in several ways. Cyber security insurance is one way to protect your company from costs related to the fallout of such an incident. Speak to your local broker for more information.

Industry-Specific Insurance Policies: ONA offers a variety of insurance policies that are tailored to specific industries; these include policies that are tailored, such as contractors insurance, hospitality insurance, and more. For a full list, check out our page on commercial insurance.

Business Insurance in Ottawa & Eastern Ontario:

We’re experts in working with you to understand your business and recommend the appropriate types of insurance for your company. Contact us as your local insurance broker and we’ll work with you to accurately assess the needs of your business, crafting a policy that fits your company’s specific needs.

 

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Testimonials

"I know all my insurance needs are covered with Oegema, Nicholson & Associates. I have been a loyal client for the last 15 years, and I can count of them for my commercial insurance, employee benefits, as well as my personal insurance and finances. Jeff Richer always goes above and beyond to help me with my insurance needs."
O-Omkar Atwal, Owner, Leitrim Home Hardware
"It’s always a pleasure to deal with Oegema, Nicholson & Associates, and I can depend on them for all my insurance needs. I have been a client for several years and whether it’s regarding my personal insurance, or anything to do with our employee benefits or commercial needs, I know I’m taken care of."
R-Rhonda, Capital Dodge
"I would like to thank Carol for everything she has done for me and my family over the years. It is my honest belief that we would not be in the position we are in if it was not for her guidance, expertise and honesty. We can't begin to thank her enough."
T-Tim
"ONA helps me with my personal insurance and my business insurance . They are my one stop shop when it comes to insurance and group benefits. I know I’m covered in all areas. Great friendly service and knowledgeable staff!"
J-James Carriveau, President, Exact Interlock and Exact Properties
"One call to Oegema, Nicholson Associates is all it took. After our basement flooded, within a day or two they had a crew cleaning everything up, taking down the drywall and itemizing everything to be cleaned, thrown out or restored. They had everything in place for us in a timely manner and were extremely patient with me as they talked me through the process and waited for me to make decisions."
J-Jennifer Parks, Stittsville, Ontario
"I’ve been dealing with ONA for over 20 years with my personal insurance, as well as our commercial insurance, and I know I can rely on them for great customer service, and prompt responses. I feel confident not only referring them to my employees, but to our customers as well."
C-Charlene Brunet, President, Dan Murphy Ford
Oegema, Nicholson Financial Inc.
1453 WOODROFFE AVENUE
613-686-6338
Ottawa
1451 Woodroffe Avenue
Ottawa, Ontario K2G 1W1
Manotick
5526 Manotick Main Street P.O. Box 149
Ottawa, Ontario K2G 1W1
Almonte
154 Bridge Street P.O. Box 749
Almonte, Ontario K0A 1A0
Russell
243 Castor Street
Russell, Ontario K4R 1B8
Orleans
3-3809 St. Joseph Blvd.
Orleans, Ontario K4A 0Z8

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