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The Industrie des assurances multirisques an essential part of the Canadian economy that assumes risk that is cost-effective for individuals and companies, assisting them in establishing policies for the future. It covers all insurance divisions, from assurance-vie up to assurance-maladie. It offers a wide range of combination products to suit every guarantee. A multiirisque industrial insurance policy shields your professional assets from possible dangers.
The industry is a hive of activity that provides services to nearly 28 million insured consumers. The industry is regulated by both provincial and federal authorities. It also has several domestic and overseas insurers. It earned ninety-two billion dollars in 2013 and is made up of 107 insurance companies. One of the largest firms is SSQ Groupe Lender, and it employs over 3000 people.
Before they can offer their products in Canada, insurers that offer this kind of coverage must meet the requirements of capital and specialized requirements. At present, domestic insurers hold three-quarters of the market. The remaining 8% of the market is controlled by international insurers.
A contract for industrial multiriassurances makes a great choice for businesses because it can help them recover from accidents and catastrophes, while also protecting their assets for professional use. It will cover fixed costs as well as production losses and other issues. It’s important to remember that this type of policy is not the same as a standard insurance plan, and it’s essential to read the fine print carefully prior to purchasing it.
