Are you opening a store or a business with sensitive and confidential data? At ASSAP we have the right policies for each case.
Is it necessary to insure a trade or business?
When starting the adventure of opening a business, regardless of the sector, it is normal that many doubts arise. One of the most common fears is how to deal with unforeseen events that are not even considered at the beginning, but that may occur, and when the time comes, it is necessary to solve them so that we can keep our business running avoiding as much as possible the suffering that may be caused by an accident.
Are you opening a business and looking for insurance to give you peace of mind?
We understand as commerce any activity dedicated to the transfer or exchange of products or services between individuals or entities in which the economy is involved. It should be noted thatthe law requires that the business must have insurance to protect it from any type of incident.
At ASSAP we have coverage for all businesses. If your project is included in the commerce sector, we have the Multi-Risk Commercial Insurancewith which we insure the premises and the goods it contains. The insurance covers any mishap or loss that directly affects the commercial activity of the business, its building and its contents. In the policy that we offer in ASSAP, we include coverage with and without excess, as well as additional coverage that guarantees maximum peace of mind.
What insurance is required to open a business?
Let’s take an example of a physical store
Let us imagine that the business we wish to insure is a beauty salon. The first feeling is that the business does not present too many risks, but we must take into account the aspects that depend and those that do not depend solely on our actions.
It is necessary to contemplate different possibilities such as:
- A fire, taking into account that these centers have hair dryers and electrical materials that due to a malfunction or deterioration can produce short circuits, start a flame and from this, a fire.
- Damage can also be caused by water leaks that can affect the business itself or third parties.
- In addition, there is the possibility of having to face a lawsuit and, therefore, require legal defense.
- Suffer a robbery when we go to pay in the day’s takings.
- Or more feasible: the loss of the keys to the center.
In all these cases, the ASSAP Multi-Risk Insuranceguarantees coverage under the contracted policy.
Can data and digital content be secured?
An example of a digitally operated store
In another area of risks and that it is necessary to be well protected, is what new technologies have brought us. We are talking about Cyber Risk. Cyber-attacks are crimes that occur in thousands of cases every day around the world.
Let’s cite a second example for these cases: A law firm. Beyond the usual risks they may be exposed to such as fire, water leaks, theft, etc., the fact that they have sensitive and confidential client data makes them much more vulnerable in this regard than other types of businesses. In these cases, the following situations may arise:
- A cyber attack
- Theft of personal data
- Bank data theft
- Extortions by threat of disclosure of confidential data
- All of them can cause headaches of incalculable dimensions.
At ASSAP we have the Cyber Risk Insurancespecially designed to protect companies from possible cyber attacks and the consequences they may cause. This policy is recommended to all those companies that have sensitive data and, therefore, an attack of this kind could lead to a disaster with irreversible consequences if they do not have adequate insurance.
Do you need more information or personalized advice about our insurance services for a business? Ask for a free quote without obligation on our website.