Insurance Solutions & Risk Management Tips

Western Financial Group Insurance Solutions (WFGIS) is proud to partner with the Canadian Automatic Merchandising Association (CAMA) to provide its members with a specialized commercial insurance program that offers best-in-class coverage and significant value-added services.

The Canadian automatic merchandising and vending industry provides its own unique challenges when it comes to insurance and protection.

We have put together various products to ensure that your business has multiple options for protection and is covered when issues arise. Our focus is to provide your business with a sustainable insurance program that fits your needs while delivering tools and strategies to manage your unique risks properly.

Each prospective participant will have a detailed review of their business operations. By understanding the intricacies of your operations, we can better protect against various types of potential claims, so you can have peace of mind that your business insurance needs will be addressed appropriately. For example, machine manufacturers will have different exposures instead of strictly a business leasing vending machines out to businesses.

In addition, participants can count on receiving competitive rates per dollar of insurance purchased. We provide 24/7 in-house claims examination to ensure you are supported if a claim happens at any hour.

Risk Management is essential to providing all program participants with tools to help mitigate potential losses.  With the depths of the winter in full tow, and spring around the corner, let’s explore the latest risk management insights to prevent roof collapse and avoid slips and falls in your building:

• Watch for signs of a sagging roof, such as cracks on interior walls or ceiling, interior doors that fit tighter or jam, and building noises.
• The accumulation of water and ice will create more stress on the roof and increase the risk of water infiltration. Check your roof for heavy snow accumulations and remove excess snow and ice load conditions that could damage your building. 
• Keep entrances and exits clear of snow and ice.
• Redirect water runoff away from sidewalks and entrances.
• Sand/salt icy patches regularly (significantly when the temperature drops below freezing).
• Install non-skid floor mats at entrances and extend them enough to allow for the footwear to dry.
• Put up “Caution – Wet Floor” signs at entrances and at the end of floor mats.
• Keep mats dry
• Increase the frequency of floor maintenance checks at entrances
• Document all checks and maintenance.

For more information on the CAMA Insurance Program, please get in touch with Western Financial Group Insurance Solutions at 1-800-665-8990, or log on to www.westernfgis.ca