Jim is an account manager with Apex insurance brokerage, and is asked by his boss to

identify the types of insurance needed by the company, a potential client with whom he

met recently.

Jim$$s boss briefs him about the company as follows:

The company is a fairly large manufacturer$/$exporter of small generators with sales in

Canada, the US and Africa. The company has to guarantee to its African customer that

the product would arrive by a certain date.

The company has locations in Toronto and the North West Territories where very cold

temperatures prevail, so it is very important to maintain the heating equipment. It has a

location in British Columbia which has a small transport plane that is owned by the

company. The company also owns a fleet of trucks that travel across Canada and the

USA, carrying products and supplies to its customers.

It is a busy season and sales are brisk, so the company would lose a lot of income if they

suffered a loss.

The company has a large inventory of stock in its main warehouse in Toronto and a big

parking facility. Employees and other outside people handle the loading and unloading

of new generators. This makes the company vulnerable to loss.

i$)$ Name the various types of insurance that Jim should recommend to his boss

that the company should buy and the reason for doing so$.$

ii$)$ If Jim$$s boss wants an Ins. Co inspector to look at the operations at the

Toronto location, and make Loss Control recommendations in order to obtain

lower premiums, what would the Loss Prevention activities look like?