When carrying out professional activities, damage is sometimes caused in one way or another. Accidents can also happen. Not all businesses and sectors are exposed to the same risks. Some insurance policies are mandatory, while others are highly recommended.
Civil liability insurance
There are different types of liability insurance:
- contractual liability,
- extra-contractual liability,
- liability of company directors,
- operational liability,
- product liability,
- post-delivery liability,
- etc.
To pick the right insurance for your profession, it is best to get in touch with an insurance broker and/or an insurance company.
Professional Liability Insurance
To practise certain professional activities, you must take out professional liability insurance. For example:
- architects,
- accountants,
- tax advisors,
- healthcare professionals,
- etc.
This insurance covers unintentional damages resulting from contractual or professional fault.
Accident Insurance for Staff
Employers are required to take out compulsory insurance against "accidents at work" for their employees. This insurance is part of the social security system.
Other Possible Insurances
In addition to civil liability insurance, you can also take out insurance policies that cover damage a person may suffer during their professional activities. For example:
- health insurance,
- accident insurance,
- fire insurance,
- income protection insurance to protect you against loss of income in the event of illness or incapacity to work,
- etc.
Depending on your needs, you can also take out an additional insurance such as:
- an insurance for your IT and electronic equipment to cover it against theft and damage,
- a cyber risk insurance to protect you against a wide range of cyber incidents, such as extortion and viruses.
Additional Information
For more information about insurance policies, contact an insurance broker or insurance company, or visit the ‘Professional Liability Insurance’ page on the FPS Economy website.
