The Industrie des assurances multiirisques is a crucial part of the Canadian economy that takes on risk that is cost-effective for individuals and businesses, supporting them in their future policy. It covers all insurance divisions, ranging from assurance-vie to assurance-maladie and offers an array of combinatorial products for all types of guarantee. A multi-specialist industrial insurance policy protects your assets from all potential threats.
This industry is a hub of activity and offers services to more than 28 million insured consumers. The industry is regulated by both provincial and federal authorities. It also has a number of international and domestic insurers. In 2013, the industry produced 92 billion dollars and was comprised of 107 insurers. SSQ Groupe Lender is one of the largest firms with a staff of over 3000.
Insurance companies that offer this type of coverage must satisfy specialized and capital requirements before they can offer their products in Canada. At present, the domestic insurers control a majority of the market. The remaining 8% is held by international insurers.
A contract of industrial multiriassurances is an excellent choice for businesses, as it can assist them in recovering from accidents and disasters while also protecting their assets for professional use. It covers loss of production or time fixed charges, time or production loss, and more. It is important to keep in mind that this type of policy is not identical to a standard insurance plan and it’s important to be sure to read the fine print before buying it.
