1. The business liability insurance.
If you - or your staff - during a meeting with a customer accidentally an antique vase from the table knock your private liability insurance will not cover these costs, because insurance companies make a clear distinction between business and private.
For this kind of business you really a business liability should close. Accidents do happen, so even if you are a freelance copywriter and the risk of damage in your industry might be lower than in - for example - the construction, do you be wise in good time to hedge this risk. You really would not be the first freelancer location spilling a cup of tea on a keyboard ...
2. The professional liability insurance.
The professional liability insurance to cover important major risks off damage that you may cause to third parties upon exercise of your profession.
For example, as a consultant, a client gave wrong advice with unpleasant consequences, they can be held liable for this. A professional liability insurance will (a part of) hedge entrepreneurial risk and take the costs incurred on its behalf.
There are different premiums area available, but especially if you are active in medical care, you should be careful when choosing an insurer or that the damage or compensate damage in your profession. So insurer Interpolis offers in the medical sector opportunities for professional indemnity insurance.
It mainly involves professionals from the primary care, such as GPs and dentists. For most professions from the secondary care (hospital), Interpolis has no options. In that case, you should contact specialized medical insurers.
3. The staff insurance.
If you are planning one or more workers employed to take, you should soon also take into account the fact that you are responsible as an employer for your staff. Suppose an employee causes damage to a customer, the company will be held liable.
This risk can, however, cover tightly with the liability insurance. You should wear as an employer include concern for the welfare of your staff. Think of offering supplementary pension provision.
And an accident or sickness insurance is often a necessity. These insurances for example, that you - in the event that a staff member would become disabled - are responsible on your own for the (sometimes lengthy) financial consequences.
Tip: apply in most collective agreements employers set rules for the conclusion of certain insurance personnel. Browse Therefore, before you actually close premiums in your industry first well to see what obligations apply to your business. Most banks and insurance companies offer various packages, which you can cover in one go for several risks.
4. Legal expenses.
A nice situation is not natural, but it can happen that you make in your career gets a legal conflict. For example, if a supplier does not comply with the agreements made, a customer is dissatisfied with the work done by you or you have a dispute with an employee on a labor contract.
Legal costs can add up quickly in such situations; In this case these costs are your legal expenses reimbursed. In many cases you will also be entitled to legal assistance. However, keep in mind that insurance will not always cover the cost of any dispute. so Always check first to the conditions for getting the insurance.
5. The inventory and stock insurance.
It is the nightmare of every entrepreneur: the stock or inventory in your office is irreparable damage, eg by fire or burglary. So allows inventory and stock insurance solution. Provided you are of course ensures that the property is well maintained and protected.
Incidentally, it is common for start-ups initially from home to work. In that case, it is in most cases sufficient to extend your contents insurance. Please check with your insurer to discuss the possibilities.
6. The insurance company.
An above-mentioned incident, as a fire, a violent storm or burglary, the laws may affect your business. This can not only directly related to the inventory or stock, your company can also backfire necessary income because the work temporarily partially or totally must be halted. To offset these costs, you can cover this risk with a business insurance.
7. The accounts receivable insurance.
If you - for whatever reason - is faced with a failure to settle , which is always annoying. Certainly for many entrepreneurs who run their business during the start-up phase with controlled invoices on time indeed met.
Because you as an entrepreneur are never quite sure if the amount due on time (and if not, how much later) to replenishment of your account, it is wise to hedge this risk with good borrowers insurance (also called credit insurance). This insurance is particularly relevant if you have products or services on credit to customers.
8. The home insurance.
Damage to your office can provide the necessary nuisance.
If you decide to your building insurance against damage caused by fire, storm, theft, water or collision, you do about those effects at least to worry anymore.
The insurer pays you than money to repair the damage, but frequently provides solutions in kind.
Suppose the rainwater coming through the ground your office and damaging your floor.
Then will come someone as soon as possible to repair the damage.