How to insure a business

Highlight areas of your business for which you would like to enter into insurance contracts. Unfortunately, a standard insurance product that meets all the needs of any enterprise does not exist.

Instruction manual

1

Enter into a voluntary health insurance contract under which employees of your company will be served in selected medical facilities. You can set different service conditions for different categories of employees employed in your organization, for example, top management can choose from several clinics, and junior employees can be served in one particular clinic.

2

Insure the fleet of your company. You can issue not only motor third party liability insurance policies, but also CASCO. To reduce the amount of insurance premium for this type of insurance, you can establish an unconditional deductible in the contract - the amount of damage that will not be reimbursed by the insurance company. Some companies charge this amount when an insured event occurs with a negligent driver.

3

Make a property insurance contract for a legal entity. You can extend insurance coverage to the building itself, if it belongs to the organization or is rented, decoration, office equipment and furniture. The main problem in concluding this type of contract is the determination of the insured value of the property. It can be insured based on book value or market value. You can also insure goods that are in stock or in retail premises. Please note that the costs of property insurance are included in the cost, that is, reduce the tax base.

4

If your business carries a risk of harming someone, insure third party liability or professional liability. Types of professional liability insurance include insurance for auditors, tow trucks, dentists, carriers and freight forwarders.

5

Enter into a production interruption risk insurance contract. According to such an agreement, upon the occurrence of an insured event, the insurance company will reimburse you for lost profits and expenses for reducing damage from the event. If you decide to conclude such an insurance contract, contact reliable insurance organizations with experience in resolving such insurance cases.

Useful advice

Insurance companies provide significant discounts when concluding several contracts for different types of insurance.