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The Industrie des assurances multipliirisques is an essential component of the Canadian economy that takes on low-cost risks for individuals and companies, assisting them in establishing in their future policy. It covers almost all insurance divisions, from assurance-vie to assurance maladie, and provides numerous combination products for every type of guarantee. A specialized multirisque industrial insurance policy protects your business assets from possible dangers.
The industry is a hive of activity and provides its services to over 28 million insured consumers. The sector is regulated both by federal and provincial authorities. It also includes international and domestic insurers. In 2013, the sector produced 92 billion dollars, and was made up of 107 insurers. SSQ Groupe Lender is one of the largest companies with a workforce of over 3000.
Insurers that provide this type of coverage must satisfy specialized and capital requirements before they are able to offer their services in Canada. At present, domestic insurers hold three-quarters of the market. International insurers hold the remaining 8 percent of the market.
A contract for industrial multiassurances is a good option for businesses as it can help businesses recover from disasters or accidents while also securing their business assets. 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 the same as an insurance policy that is standard, and it’s essential to be sure to read the fine print before buying it.