Every business, small or large, is an investment that needs protection from potential risks. Business insurance offers the necessary coverage to ensure its smooth operation, the protection of its assets, and the safety of customers and employees. Whether it is a store, office, craft, restaurant or a larger production unit, the right insurance solution can prevent financial losses and provide certainty to the entrepreneur.
We cooperate with the most reliable insurance companies in the Greek and international market and, after carefully examining the specificities and needs of each business, we provide personalized and advantageous solutions that meet its real requirements.
What does business insurance cover
Coverage can be adjusted depending on the type and size of the activity, and includes:
Basic coverages
- Fire, explosion and natural phenomena (earthquake, flood, storm, snow, hail).
- Theft and burglary of goods, equipment or cash.
- Water damage due to pipe damage or leakage.
- Electrical installation damage and short circuits.
Optional / specialized coverages
- Third-party liability for accidents to customers, associates or visitors.
- Employer's liability for work-related accidents to staff.
- Loss of income in the event of a shutdown due to a covered risk.
- Coverage of high-value equipment (machinery, refrigerators, computer systems).
- Insurance of goods during transportation.
- Coverage for glass breakage, signs and shop windows.
- Protection against electronic threats (cyberinsurance) for businesses that operate digitally.
Factors that affect costs
A business's insurance premium is based on:
- The type of activity (e.g. office, restaurant, factory).
- The location (urban area, industrial zone, shopping center).
- The value of the building, equipment and merchandise.
- The security measures it has (alarm, cameras, fire extinguishing systems).
- The history of losses (claims history).
What is needed for business insurance
To draw up an insurance policy, the following are required:
- Business and owner details (tax ID, ID card).
- Description of activity and operating space.
- Plan or detailed description of facilities (if it is a large space).
- Estimation of the value of the building, equipment and merchandise.
- Photographic material (in some cases).
Useful observations
- A business with adequate insurance has a competitive advantage, as it offers greater security to customers and partners.
- Personalization of the insurance policy is crucial; different businesses have completely different needs.
- In cases of collaborations or financing, many times the existence of insurance is a necessary condition.
With our own experience and guidance, we undertake to study the real needs of your business and propose comprehensive insurance packages, so that you can operate with confidence, security and without unforeseen financial burdens.
