The Industrie des assurances multipliirisques is an essential component of the Canadian economy that takes on low-cost risks for individuals and businesses, as well as assisting in their policy for the future. It covers all insurance divisions, ranging from assurance-vie to assurance-maladie, and offers an array of combination products for every kind of assurance. A specialized multirisque industrial insurance policy shields your assets as professionals from possible risks.
This industry is a hive of activity, and it provides services to 28,000,000 insured consumers. The sector is regulated by both federal and provincial authorities and has several domestic and overseas insurers. It made ninety two billion dollars in 2013 and is comprised of 107 insurance companies. SSQ Groupe Lender is one of the largest firms with a staff of more than 3000.
Insurance companies that offer this type of insurance must meet specific and capital requirements before they are able to offer their products in Canada. At present, the domestic insurers control three-quarters the market. International insurers control the remaining 8% of the market.
A contract for industrial multiriassurances is a good choice for businesses because it will help them recover from accidents and disasters, while also safeguarding their assets for professional use. It will cover losses of production or time, fixed charges, and more. This kind of insurance differs from a standard plan and you must read the fine print before purchasing.