Business Insurance

Risks and insurance needs vary from company to company, and the business insurance coverage should be tailored to suit the company.

The content of the insurance plan depends on the industry and scope of business operations. Some insurance policies, like Workers' Compensation and YEL pension insurance for self-employed, are mandatory, but otherwise the company can choose how it wants to insure its operations.

Liability insurance

Liability insurance is one of the primary insurance policies, which most companies need. Liability insurance provides financial and legal security in the situation your company's product or operation causes damage to someone else, and your company is found liable for compensation.

Read more about business liability insurance.

Person insurance

Personnel is one of the company's most important assets, but at the same time it is also its most vulnerable asset. This makes insuring employees particularly important.

Person insurance helps secure your company financially in the case of accident, illness, or death. With the health insurance policy, your personnel have quick access to appropriate medical care.

Read more about person insurance.

Property and business interruption insurance

Companies typically obtain property insurance for company-owned machinery, equipment, and goods.

In conjunction with the property insurance policy, it is good to also have business interruption insurance. The interruption insurance, also known as loss of profit insurance, protects your company financially in the event the business operation is suddenly interrupted.

Read more about business property insurance.