Business insurance

Business insurance includes coverage that is intended to ensure that business operations can continue in the event of damage. This includes on the one hand business or professional liability, on the other hand components that insure the inventory such as furniture, tools or machines. You can also insure lost sales or goods during transport. The possibilities are diverse and the insurance coverage should be based on the risks of the company.

Inventory Insurance

With inventory insurance, the entire inventory is insured against property damage caused by fire, water, burglary and natural events (flood, storm, hail, rock fall, landslide, snow pressure, avalanche and chip damage). This includes, for example, the office space, the warehouse or the machines. Company inventory insurance can be mapped in great detail and according to the risks of the company. The insured inventory will either be repaired or replaced.

Liability insurance

The public liability insurance is intended to protect against claims for damages. For example, if your company can be held liable for personal injury or property damage. This can happen if customers are on the company's premises and injure themselves. Or an employee accidentally knocks over the customers' expensive vase. Liability insurance also takes effect if the rented rooms are damaged. In the case of service providers such as trustees, insurance advisors or lawyers, liability insurance is called "professional liability". Liability insurance is seen as an absolute "must", often required by partners or authorities.

Technical insurance

A so-called "technical insurance" is intended to protect the company from financial losses in the event that the insured machines / devices fail due to an external event such as a fall or vandalism or an internal cause such as incorrect operation. The repair costs or the replacement value are insured if the machine has to be replaced. Loss of earnings in the event of a business interruption can also be insured. Follow-up costs, additional costs or restoration costs (IT systems) can also be covered.

Business interruption

Business interruption insurance protects against financial consequences if operations cannot continue, in the event of damage such as water, fire, natural hazards and burglary. Loss of sales, additional costs, fixed costs such as wages or contractual penalties are taken over by the corresponding company.

Transport insurance

Transport insurance insures the goods to be transported from the place of dispatch to the destination. This can be done by truck / car, train, ship or plane. Insurance cover is also provided if goods are sent by post or courier. The goods can also be insured for exhibitions and trade fairs.