What is professional insurance?


When you want start your businessit’s important to subscribe to insurance. In France and around the world, there are always risks in the professional sector. Active of the business sector of the company, insurance is recommended. Some sectors are in the obligation to own one if they want to practice their profession in the standard. In today’s article, we’ll show you what insurance is and why it’s important to insure your business in any field. To find out more, here is all the essential information below.

What is professional insurance used for?

It is important protect your business, regardless of its size. By taking out professional insurance, you will be more serene and you will have fewer worries if there is a problem with your company.

What is professional insurance?

professional insurance is a contract that the manager of a company must subscribe to protect his company. Regardless of the sector of activity, the different companies can have a contract. This covers the different risks linked to the professional activity, and also makes it possible to protect the employees. This contract is therefore a protection for companies. There are three categories of insurance, here is a list to know them:

  • Property insurance: materials, goods and business premises. Likewise, the various damages caused by a natural disaster, theft with non-identification of the person and fire are covered.
  • Personal insurance: bodily injury, the various health risks, health insurance and death
  • Insurance on the activity: this insurance covers all the damages which are related to the professional activity which can engage the civil liability of the company but also a legal liability.

For choose your insuranceyou are not obliged to take out each cover separately, as some insurers offer multi-risk protection. This protects both the company and the people who work there.

For some occupationsinsurance is mandatory because these are, for the most part, professional sectors that are always linked to risks. For example, for individuals who work in the domain of health, legal professionals, people who own a real estate agency, travel agencies or even architects. For a few years now, it has been mandatory to have a business mutual.

For other professionals, even if it is not compulsory to have insurance, we strongly recommend you to have one. If you do not wish to take out multi-risk insurance, it is advisable to take out at least one civil liability contract with an insurer. and legal protection.

What are the different documents to provide to subscribe to a professional insurance?

In order to sign a civil liability contract, it is necessary to have certain very important documents. Generally, the insurances all ask for the same papers, but this can change depending on the guarantees you have chosen. Similarly, those who work in different professional sectors will not have the same parts to be supplied.

Important documents include the plan of the premises of your company and a Kbis extract. If it’s a new company, you need the lease contract for the premises. If this on the contrary is a company already existing on the market, then the contract of the insurance that you have is necessary. To obtain your contract, it is necessary to provide the balance sheet of the company as well than loss prevention.

How to choose a good professional insurance?

How to choose a good professional insurance?

In order to choose the right professional insurance, and to have civil liability for your business, you must multiple searches. Indeed, before starting to look for the various insurances, the manager must determine the different needs. For this, he must take into account the employees and the equipment. Subsequently, thanks to the Internet, the entrepreneur can compare offers online and can also request quotes and several contracts.The price of the insurance depends on each insurer, but also on the guarantee that the contractor decides to add. Once the manager has found the coverage that best suits him or the multi-risk contract, he can sign the contract in order to protect his company and his employees.

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