Definition of professional multi -risk insurance

Professional multi -risk insurance is a contract that covers the responsibility, movable and property of a company. It is essential to protect the activity of the company and guarantee its sustainability.

What companies are concerned with professional multi -risk insurance?

Multi -risk professional insurance is universal and is aimed at the majority of companieswhatever their legal status, their sector of activity or their turnover. It concerns sole proprietorships, micro-enterprises, very small businesses, certain SMEs, traders, craftsmen, farmers, construction companies, liberal and medical professions, but also associations and communities.

Professional multi -risk insurance: what guarantees ?

A MRP insurance contract is a complete coverage to protect the business. Among the many guarantees offered, we find in particular:

  • Professional civil liabilitywhich covers any damage caused to a third party by the company.
  • Professional premiseswith care in the event of fire or water damage, for example.
  • Operating losswhich covers the costs due to a drop or a stop of activity, following a disaster.
  • Financial protectionwhich intervenes in the event of loss of the market value of a business or in the event of a health problem resulting in a work stoppage.
  • Credit insurancewhich protects the company against the risk of unpaid when a credit is granted to a customer.
  • Professional legal protectionwhich intervenes in the event of a dispute with a customer or a supplier, for example.

But this contract may include many other guarantees: equipment, goods, IT data, ten -year guarantee, civil liability for activities carried out outside the premises of the company, assistance for troubleshooting or the search for service providers, etc.

Thus, the risks covered by professional multi -risk insurance are very extensive:

  • Fire
  • Water damage
  • Electric and electronic damage
  • Mirror
  • Flight
  • Acts of vandalism
  • Climatic events: natural disaster, hail, storm, snow …

MRP insurance specifics

Each company is exposed to specific risks: this is why professional multi -risk insurance contracts can be adapted to the needs of each, by adding additional guarantees. Here are some examples.

Craftsmen and traders

For craftsmen and traders, MRP insurance often includes the coverage of goodsbut also management in the event of loss of these. The products kept under regulated temperature, in particular, are covered in the event of accidental variation in temperature, resulting in their degradation.

In the event of a claim forcing a merchant to move, professional multi -risk insurance can also cover the loss of the market value of the business, within the framework of the loss of operating guarantee. As for service professionals, they can protect themselves in the event of late delivery, erroneous advice or design defect.

Building companies

With multi -risk insurance, construction professionals can guarantee the professional equipment they transport, while covering their decennial.

Farmers

MRP insurance allows farmers to cover all responsibilities related to agricultural activitiesbut also other services: rural tourism, agricultural work carried out with third parties …

Automotive professionals

Automotive professionals can benefit from a coverage in the event of an accident on a vehicle loaned to a customer or entrusted by the latter.

Is professional multi-risk insurance compulsory ?

With regard to the law, Entrepreneurs are not obliged to take out professional multi -risk insurance. However, in practice, it is almost essential to have such insurance, because it protects the property and activity of the company against a multitude of risks.

In addition, it can meet certain legal insurance obligations. For example, Building companies can benefit from the ten -year guarantee within their MRP contract.

Likewise, Company Civil Liability Insurance is compulsory for certain professions. By subscribing to professional multi -risk insurance, these companies directly benefit from coverage when they engage their responsibility or that of their employees.

What is the price of professional multi -risk insurance ?

The average price of MRP insurance is difficult to determine, as the prices are likely to vary from one company to another, but also according to the needs of the insured. As such, insurers establish Personalized professional multi -risk insurance quotedepending on the situation of each company.

Concretely, The price of a professional multi -risk contract depends on a number of criteria ::

  • The guarantees chosen.
  • The activity of the company and the level of risk inherent in this activity.
  • The value and nature of the insured goods.
  • The geographic location of the company.
  • Protective measures already in place, such as alarm systems or anti-fire devices.
  • The status of the professional premises (rental or property).