The Industrie des assurances multirisques an important part of the Canadian economy that assumes the most cost-effective risks for people and companies, assisting them in establishing policies for the future. It covers all insurance divisions, from assurance-vie to assurance-maladie and offers an array of combination products for every kind of assurance. A multi-specialist industrial insurance policy shields your assets from any potential risks.
This industry is a hive of activity, and it offers services to over 28 million insured consumers. The sector is regulated by both provincial and federal authorities, and includes a variety of domestic and international insurers. In 2013, the industry produced 92 billion dollars and was comprised of 107 insurers. SSQ Groupe Lender is one of the largest companies with a workforce greater than 3000 employees.
Before they can market their products in Canada insurance companies that offer this type of insurance are required to meet specific capital requirements and specialization requirements. At present, domestic insurers hold three-quarters of the market. The remaining 8% is controlled by international insurers.
A contract of industrial multiassurances can be an ideal option for companies since it can help businesses recover from disasters or accidents while also securing their professional assets. It covers loss of time or production fixed charges, time or production loss, and more. It’s important to be aware that this type of policy is not like an insurance plan that’s standard, and you should study the fine print prior to purchasing it.
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