The majority of Fleets in Ontario and Quebec have allowed their Owner/Operators (O/O’s) to opt out of WSIB and purchase a private alternative solution that covers their O/O’s 24 hours/7 days a week for accidental injury. It’s important to understand that there is a process that needs to be followed in order to reduce your [...]
See what our Broker partners are saying about NAL Insurance! “Too many fleet owners leave it up to their O/O’s to select their own WSIB alternative plans leaving their own policy exposed. Selecting the NAL Solution ensures that your O/O’s have the right coverage at special fleet pricing removing all the gaps” Donny Cunha, [...]
CRA: Withholding and Reporting Requirements come tax time for owner-operators. Source: CRA Website EMPLOYEES If you are an employee, your employer will deduct Canada Pension Plan (CPP) contributions, Employment Insurance (EI) premiums, and income tax from your pay. The income taxes deducted, together with your and your employer’s share of CPP and EI, will [...]
Read feedback from primary insurance companies in regards to NAL Insurance's WSIB Alternative coverage for trucking fleets and owner-operators in Canada. "When an insured carrier allows their Owner/Operators to opt out of workers compensation coverage, we at The Guarantee look for best practice controls to be in place to help protect the [...]
Could Workers Comp (WSIB) under compensate you? Contact NAL Insurance and see what your other options could be in the case that you were injured and unable to work. Here’s a scary workers’ comp story to tell your grandkids. Once upon a time, an Ontario-based owner-operator suffered a work-related injury. [...]
TORONTO, Ont. — The Guarantee Company of North America and NAL Insurance has partnered together to offer customers of the innovative Guarantee Transportation Solution (GTS) a comprehensive Workplace Safety and Insurance Board (WSIB) coverage alternative for owner-operators. The partnership, effective immediately and available only to customers in Ontario, also aims to educate and guide fleets [...]
