Works in progress
- Tools and plant insurance
- CAR or construction and erection insurance
- Environmental damage from soil pollution
Business insurance by sector
Which business insurance you need depends mainly on your sector. The description of your activities on the policy schedule also determines what is actually covered.
- several insurers compared objectively
- 9.5 customer rating for a new policy
- AFM licence 12016589
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Work out for yourself what it would cost.
Enter your details; you will receive a proposal within one working day.
- We compare the offerings of several insurers
- An adviser checks whether the cover suits your activities
- We arrange the switch, including cancellation
A premium indication, not personal advice. Prefer to talk it through? Call 072 - 509 24 56.
- Independent advice
- Several insurers
- Switching arranged
- Help with claims
In brief
Insurers classify businesses by sector and risk class. An office with five staff, an installation firm and a hospitality business run different risks, and that works through into the cover, the requirements and the premium. The starting point is the same for everyone: a public and employers' liability insurance for injury and property damage to third parties (Article 6:162 of the Dutch Civil Code). After that it diverges.
In construction and engineering tools and plant, CAR cover for the works in progress and often environmental damage insurance are added. In business services the emphasis lies on professional indemnity and cyber. In trade, hospitality and care it is about business contents, stock and business interruption after a standstill.
What counts in every sector is the description of business activity: the sentence on the policy schedule naming your activities. Work not falling under it is not insured, even though it is the same business. On a change or extension of sector that is the first thing to be amended.
Insurance that matches your sector
Every sector carries its own risks. We translate those into cover that genuinely fits what you do day to day, rather than a standard package that just happens to apply to your business too.
SectorsPhoto coming soon
TailoredPhoto coming soon
CoverPhoto coming soon
What differs by sector
Three groups with clearly different risk profiles.
Advice and data
The risk lies in mistakes in your advice and in the data you manage.
- Professional indemnity for advice
- Cyber cover and data breach support
- Legal expenses in disputes with clients
Premises and stock
Your turnover depends on a location, business contents and goods that can be put out of action.
- Business contents and goods insurance
- Business interruption on closure
- Liability towards visitors
What is covered
| Situation | Construction and engineering | Services |
|---|---|---|
| Business liability for injury and property damage | Yes | Yes |
| Professional indemnity for advice, design or calculation | Provided that | Yes |
| CAR or erection insurance for the works in progress | Yes | No |
| Tools and plant at changing locations | Yes | No |
| Cyber cover for a data breach or ransomware | Provided that | Yes |
| Environmental damage from soil or water pollution | Provided that | No |
What is actually covered is set out in the policy conditions and the insurance card (verzekeringskaart) that you receive before you take out cover.
What does your premium depend on?
- Sector and risk class: determines the base rate
- Turnover: the basis for liability
- Payroll: number of staff and hired-in workers
- Sums insured: business contents, goods, plant
- Prevention: security and fire precautions
- Working area: the Netherlands, Europe or beyond
Insurers weigh these details differently. That is where your saving is.
How we arrange it
- You request a quoteWe take stock of your situation, risk and wishes.
- We compareseveral insurers, on premium as well as conditions.
- You receive a proposalWith an explanation of the differences and the exclusions.
- We arrange the switchIncluding cancellation, so there is no gap in cover.
Why arrange it through Finass Verzekert?
We look at the terms as well as the premium, and stay your point of contact when there is a claim.
Independent
We are not tied to one insurer and compare on the basis of an objective analysis of several companies.
One fixed adviser
You call or email someone who knows your file. No menu options, no changing call centres.
Switching without hassle
We cancel your old policy and align the start date, so you are never a day without cover.
Help with claims
We report the claim and monitor how it is handled. In urgent cases you can reach us on the emergency line.
9.5New policy
9.8Claims handling
Customers rate our service on four aspects: personal service, service delivery, availability and the outcome. The reviews are collected and published by NH1816 and come from customers who have actually taken out a policy with Finass Advies B.V. or reported a claim.
Where sector policies come unstuck
Two points that keep coming back in every sector.
The described business activity must cover your work
A policy with the insured capacity 'erection work' does not cover an advisory assignment, and 'retail' does not cover manufacturing. When you claim, the insurer looks first at that description. When you take out the policy the duty of disclosure in Article 7:928 of the Dutch Civil Codeapplies; incorrect or out-of-date information can reduce the payment or cause it to lapse (Article 7:930 of the Dutch Civil Code). If you take on a new activity, have the policy schedule amended before the work starts.
Sector-specific exclusions
Every sector has its own limits. In construction, damage to the works themselves and subcontractors without their own cover are often excluded, and requirements apply to hot work. In services, redoing your own work and contractual penalties fall outside the cover. In trade and hospitality, gradual spoilage, refrigeration damage without a demonstrable breakdown and theft without signs of forced entry are usually excluded. Everywhere the same applies: deliberate acts and wilful recklessness are excluded (Article 7:952 of the Dutch Civil Code).
Frequently asked questions
This is what people ask us most.
Why does the insurer ask so precisely about my activities?
Because the sector determines the risk and the description on the policy schedule is the boundary of the cover. The same loss can be covered for an installer and not for an adviser. A precise declaration avoids arguments afterwards and makes sure you do not pay for risks you do not run.
I work in two sectors. Can that go on one policy?
Yes, provided both activities are named in the insured capacity. Insurers then work with the heaviest risk class or split the turnover. If you do not mention the second activity, losses from that part of your work fall outside the cover. Also declare seasonal work and sidelines.
Is a sector policy always better than a general policy?
Not automatically. A sector policy often fits the usual risks and requirements better, but it can also be more narrowly worded. So compare the exclusions, the limits and the excesses, not just the name of the product or the premium.
What if my business changes sector?
Report it to your adviser or insurer straight away. A changed activity is a change in the risk: the insurer can adjust the premium or conditions, impose additional requirements or decide not to carry the risk. Carrying on with a policy that does not name your new work means being uninsured.
Every situation is different. For these situations we have a separate page.
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- Business insurance tailored to your companyReview, insured capacity, sums insured
- The process operator and their insuranceProcess industry, 6:162 BW, care, custody and control
- Zip insurance: what does it mean?Confusion over names, compulsory, recommended
- Insurance for media and journalismPublication risk, AVB, cyber
- Business interruption insurance by sectorStandstill, recovery time, sector variants
- Business interruption insurance for other sectorsGross profit, indemnity period, alternatives
- Business insurance at a glanceLiability, assets, continuity
- Complete insurance package for self-employed professionalsLiability, equipment, continuity
Read more
Does your policy match your sector?
Request a quote without obligation. We check the insured capacity and the cover.
Prefer to call? 072 - 509 24 56, weekdays 09:00–17:00.
Claim on the road? Emergency line 06 - 55 20 40 72.
About our service
Finass Verzekert is a trading name of Finass Advies B.V. We advise on and arrange non-life insurance on the basis of an objective analysis of several insurers, and receive commission for this from the insurer, which is included in the premium. You pay no separate advice fee. Before you take out cover, we establish your wishes and needs.
You will find our licence, KvK and Kifid details and our complaints procedure at the foot of every page.
This page was compiled by Finass Verzekert (LinkedIn). Last updated on .
The information on this page is general in nature and is not personal advice.