CHES Special Risk | Best Insurance Providers in Canada

While cyber crimes make all the top headlines, physical crimes perpetrated by employees seem to be flying under the radar. This is particularly worrisome for smaller operations as dishonest employees with criminal intent to steal money or inventory could make or break a business. While businesses shouldn’t underestimate the harmful ramifications of a cyber breach, non-physical crimes have not usurped physical ones. Consider a recent example  of a Newfoundland minor hockey association now $80,000 in the red after a former treasurer allegedly stole money between 2017 and 2019. That money is owed to the city and for kids to continue to practice hockey at the local civic centre, their parents have to foot the bill. And crimes like that can make or break a business, especially smaller operations. If your business relies on employees handling cash or inventory, your goods and daily earnings are vulnerable. Crime coverage is offered as part of CHES Special Risk’s commercial combined ...

With our local and provincial governments re-opening of the economy; protecting your workforce will be something that comes front of mind. One of the aspects you will need to navigate will be with the equipment that you choose to purchase to protect your employees.  The coronavirus/COVID-19 pandemic has seen many companies pivot their business to support the efforts to protect those having to work in a potentially exposed environment. It will be important for you to know which sources are reliable, as we have continued to see large recalls happen for various medical products supplied during the global crisis. To help you navigate these things here are some important pieces of information and when possible the link to the appropriate Health Canada website. Hand Sanitizers Hand Sanitizers are Natural Health Product and require a NPN# from Health Canada, which in most cases you should be able to find on the packaging. Health Canada keeps a list of approved Hand Sanitizers with a searc...

Cannabis is a rapidly growing industry and manufacturing and selling the substance for recreational purposes — in all forms — has been legal since last October. But because of government-mandated insurance requirements, it has proved challenging for Canadian cannabis businesses to find the insurance coverage they need. The cannabis sector is not new in Canada, after all the substance has been legal for medical purposes since 2001. And in many ways, that paved the way for recreational  cannabis insurance  products. But what is new is the manufacturing, distribution and retail of recreational cannabis. While the federal government wrote cannabis laws and regulations, it gave provinces and territories the authority to decide how the product is sold, including where stores can be located, how they are operated, who is allowed to sell cannabis — and how much insurance businesses have to carry. For the cannabis sector, manufacturers and retailers alike, procuring insurance is still ...

Roofing Contractors Insurance as Provided by CHES Special Risk Inc. Supports Canadian Constructions Industry Ottawa, Ontario – CHES Special Risk Inc. today emphasized their capabilities of their Marketing leading Roofing Contractors Insurance Program. “There are a substantial number of different roofing systems that have been developed by the Roofing Contractor to respond to the needs of the Architects and Engineers that design and Build many of today’s structures, whether they are Commercial, Residential or Sporting facilities”, said Douglas Everett, President of CHES Special Risk Inc. “Many applications are done at extreme height, and often on existing buildings where there are not only considerable risks involved in the construction of these roofs, but also with the surrounding risks of Property Damage and Bodily Injury” Here are just some of the different Roofing Applications that we can consider at CHES Special Risk Inc: Shingle, Wood shingle, Shake (shingle), Sla...

OHIP coverage ends for out-of-country travellers:  Ontario’s provincial health insurance plan OHIP no longer covers out-of-country medical services, highlighting a need for Ontarians to purchase travel insurance privately. As of Jan. 1, 2020, the province scrapped all coverage for out-of-country services except dialysis. The province had previously covered foreign in-patient services up to $400 per day for a higher level of care and $50 a day for emergency outpatient and doctor services. Having a medical emergency in a foreign country is a stressful event, psychologically but also financially. Prior to Ontario canceling out-of-country medical coverage, OHIP’s reimbursement for medical costs was a drop in the bucket compared to what a medical event could cost. For example, having a heart attack in the U.S. could cost a traveler hundreds of thousands of dollars and OHIP would cover only a fraction of that. ALSO VISIT | Travel Insurance Plans Ontario’s decision to nix...