The Industrie des assurances multiirisques is a crucial part of the Canadian economy that is responsible for assuming low-cost risks for individuals and companies, helping them to develop policies for the future. It covers all insurance divisions from assurance-vie to assurance-maladie, and offers a wide range of products that can be combined to meet every guarantee. A multi-specialist industrial policy will protect your assets from all possible threats.
This industry is a hive of activity, and offers services to over 28 million insured consumers. The sector is regulated both by provincial and federal authorities. It also includes foreign and domestic insurers. In 2013, the sector was worth 92 billion dollars and was comprised of 107 insurers. SSQ Groupe Lender is one of the largest firms with a workforce of over 3000.
Before they can market their products in Canada, insurers that offer this type of coverage are required to meet the requirements of capital and specialized requirements. At present, the domestic insurers control a majority of the market. The remaining 8% of the market is controlled by international insurers.
A contract for industrial multiassurances could be an ideal option for companies because it will help businesses recover from disasters and accidents, while also safeguarding their assets as professionals. It may cover fixed charges, loss of production, and other things. It is important to keep in mind that this type of policy isn’t identical to an insurance plan that’s standard, and it’s important to study the fine print prior to purchasing it.
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