CORPORATE MULTI-RISK INSURANCE

 

Whether you are a business owner or a self-employed person, it is essential for you to protect your business premises and everything that constitutes your work tool. A disaster or incident such as a storm, fire or theft can cause you to lose everything. To preserve your assets and keep your professional activities, it is therefore important to take out good professional insurance. Adapted insurance is professional multi-risk insurance that is part of the property and casualty insurance family.

It guarantees the various risks that can arise at any time and that can cause the loss of your business. Good multi-risk insurance coverage will allow you to continue your professional activities or resume them as quickly as possible.

This professional liability insurance (civil liability) is an amalgamation of guarantees that cover the activity, property and responsibilities of the company (RC Pro). It is essential insurance for the proper functioning of a business.
Who is property and casualty insurance for?

Although any company can take out comprehensive insurance, this insurance is mainly designed for traders, craftsmen, sole proprietorships, associations, liberal professions, service providers and a few SMEs. This insurance is compulsory if the company operates premises such as an office, business or agency.
Guarantees included

Buildings, buildings, materials, equipment, goods and company property are covered by pro-so-called multi-risk insurance and allow you to obtain compensation in the event of responsible damage or accidents of life. Coverage for the protection of operating losses and professional liability coverage are also included in this insurance contract.

Professional comprehensive insurance guaranteed against various hazards that may delay or even stop your professional activities.

Professional multi-risk insurance can cover:

    business premises, note that even if you do not have a premises your home insurance will not necessarily cover all the damage that you may encounter contrary to the local professional or commercial guarantee;
    the content (machines, professional equipment, stocks, equipment), in particular through the machine breakage guarantee;
    computer equipment (at the hardware and even data level) with the computer hardware guarantee and the cyber risk guarantee;
    the civil liability of the company, including the RC Pro but also the operating civil liability guarantee and the civil liability guarantee after delivery;
    financial protection;
    Operating loss, which covers in particular claims that could occur on your premises, such as bodily injury, material or immaterial, covered by the operating loss guarantee.
    The management of disputes and their amicable resolution through the professional legal protection guarantee

Damage guarantees cover risks and damage related to premises (buildings, equipment, materials and goods). The risks covered are:

    Fire
    Explosion
    Water damage
    Natural disasters such as storms, hail, etc.
    Broken glass
    Theft and vandalism
    Electrical damage,

Among the financial guarantees covered in the event of an operating loss are:

    the financial guarantee;
    credit insurance;
    legal protection

The civil liability guarantees included are:

    inexcusable mistake;
    work accident;
    professional diseases.

This civil liability guarantee covers damage (bodily, material, immaterial) caused to a third party through the fault of the company or one of its employees.

Multi-risk insurance offers various guarantees. Each company can choose different options depending on its specificity and needs.

There are some important things to consider before purchasing property and casualty insurance, such as the activity of the business, its location, size, equipment and business assets. Coverage will depend on guarantees deemed essential to the security and proper functioning of the business. Note that this business insurance can also include the ten-year guarantee insurance for construction companies.

The company must also take into account its budget, the measures put in place in the event of a disaster and the risks it may face.
In short

Professional property and casualty insurance is a collection of insurance guarantees designed to protect your property and your professional activity in the event of a loss.