Business interruption insurance

Whether a doctor, engineer or tax consultant - every freelancer and self-employed person should protect themselves against business interruption and thus against the loss of income.

Thus, business interruption insurance is one of the most important business insurances, especially for a business tied to fixed premises. The biggest risks are fire, water and burglary damage, as they can shut down the entire business operation. Recently, risks of illness and accidents have also been frequently insured. The tariff classification - and thus the premium amount - depends on several factors. These are, for example, the age of the policyholder, the number of insured benefits, the sum insured and the waiting period (benefit-free period in the event of a claim).

Another advantage of business interruption insurance is that the premiums are part of the operating costs - in contrast to the daily sickness allowance insurance of the entrepreneur, whose premiums are private expenses. This secures tax advantages.