The Industrie des assurances multirisques an essential component of the Canadian economy, which takes on risk that is cost-effective for individuals and companies, assisting them in establishing in their future policy. It covers all insurance divisions from assurance-vie to assurance-maladie and offers a broad range of combined products to meet every guarantee. A multiirisque, specialized industrial insurance policy protects your business assets from possible risks.
This is a bustle of activity that provides services to over 28 million insured consumers. The sector is regulated by provincial and federal authorities, and includes several international and domestic insurers. In 2013, the industry was worth 92 billion dollars and was comprised of 107 insurers. SSQ Groupe Lender is one of the largest companies with a staff of more than 3000.
Before they can offer their products in Canada insurers offering this kind of coverage are required to satisfy capital and special requirements. In the present, the market is dominated by national insurers with three-quarters of the market being controlled by them. International insurers control the remaining 8 percent of the market.
A contract of industrial multiassurances can be an excellent choice for businesses as it can help them recover after disasters or accidents while also securing their assets as professionals. It will cover fixed costs such as production interruption, fixed costs as well as other things. This type of insurance is different from a standard plan, and you should read the fine print before buying.
