Liability
- Damage to third parties
- Employers' liability
- Care, custody and control as an extension
Insurance for trade and services
If you trade, you have stock that can burn and products that can fail. If you provide services, you have no stock but you do have a claim without anything being broken.
- several insurers compared objectively
- 9.5 customer rating for a new policy
- AFM licence 12016589
- Personal 072 - 509 24 56, weekdays 9–17
This page in another language: Nederlands
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
In trade the money is in the stock. Fire, burglary, water damage or a refrigeration failure hits not only the goods but also your reliability as a supplier: no stock means no turnover, while the fixed costs continue. The fire and business interruption sections therefore belong together, and the sum insured has to match your peak stock and not the annual average.
You also carry product liability. If you import from outside the European Union or put your own brand name on someone else's product, you count as the producer within the meaning of Article 6:185 of the Dutch Civil Code. You are then liable for damage caused by a defective product, even without any fault of your own, and you cannot simply refer the injured party on to the manufacturer.
Services do not carry that risk, but they do carry the mirror image: loss without anything being broken. Such pure financial loss falls outside public and employers' liability insurance and belongs with professional indemnity insurance. If you do both, you need both policies. We bring them together in a SME insurance package.
Insurance never stands alone
A mortgage, loan or investment often touches your insurance too. We look at the bigger picture and point you to the right specialist whenever something falls outside insurance itself.
FinancialPhoto coming soon
OverviewPhoto coming soon
AdvicePhoto coming soon
What does insurance for trade and services cover?
The structure of the cover in three parts, with an overview per situation below.
Assets and continuity
Business contents, goods and lost turnover during downtime.
- Business contents at replacement value as new
- Goods at cost price
- Business interruption or additional costs
Staff
Sickness absence, accidents and the traffic risk.
- Continued pay for 104 weeks
- Group personal accident
- WEGAS for traffic risks
What is covered
| Situation | AVB | BAV | Cyber |
|---|---|---|---|
| Injury to a visitor or customer | Yes | No | No |
| Damage to a client's property | Sometimes | No | No |
| Financial loss caused by an advisory or calculation error | No | Yes | No |
| Downtime after a ransomware attack | No | No | Yes |
| Data breach involving personal data | No | Sometimes | Yes |
| Damage to property in your care | No | No | No |
This overview is general in nature and is not personal advice. What is actually covered, including exclusions, limits and the excess, is set out in the policy conditions and the insurance card (verzekeringskaart) of the insurer; you receive both before you take out cover. Taking out cover without advice? Then read what execution only means for you.
What does your premium depend on?
- Stock value and peak moment. The highest value in the year determines the sum insured, not the average.
- Origin of the product range. Importing from outside the EU or using your own brand makes you a producer and increases the risk.
- Balance between trade and advice. The share of advisory turnover determines whether and how heavily professional indemnity cover is included.
- Number of storage locations and security. Each location separately on the policy schedule, with burglary and fire precautions.
- Goods in transit and on consignment. Transport and stock held by third parties call for their own cover and limit.
- Turnover and payroll. Trading turnover and headcount together form the basis on which the premium is calculated.
Insurers weigh these details differently. That is where your saving is.
How we arrange it
- You request a quoteWe take stock of your activities, turnover 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 things go wrong in practice
Four points that make the difference between a policy that pays out and one that does not.
Importing makes you the producer
If you bring goods in from outside the European Union or put them on the market under your own brand, you are a producer within the meaning of Article 6:185 of the Dutch Civil Code. An injured party then turns to you, not to the manufacturer in the country of origin, and liability arises without fault having to be proved. So state when you apply where your product range comes from.
A recall costs more than the damage
If a batch turns out to be defective, the cost of tracing, retrieving, storing and destroying it is often higher than the damage the product would have caused. Recall costs are not damage to property or to a person and therefore fall outside ordinary liability cover. Separate recall cover exists; without that extension you carry the whole operation yourself.
Stock is rarely in one place
External storage, consignment stock at a customer, a second warehouse or goods in transit: only locations shown on the policy schedule are insured. If you move stock to a rented unit or leave part of it with a fulfilment provider, report it. Goods in transit need their own cover; the fire policy on your premises does not travel with the lorry.
Two policies because you do two things
Public and employers' liability insurance covers damage to property and people; professional indemnity insurance covers financial loss without anything being broken. If you supply products and advise on them, the two categories meet. Delivering the wrong size is property damage; wrong advice on how to use it is financial loss. Without both covers the claim falls exactly between your policies.
Frequently asked questions
This is what people ask us most.
When am I a producer myself?
When you import a product from outside the European Union or when you put your own name, brand or logo on someone else's product. Article 6:185 of the Dutch Civil Code then treats you as the producer and places liability for a defective product with you, even without any fault of your own. Referring the injured party on to the foreign manufacturer does not help them, and therefore does not help you either.
Are the costs of a product recall covered?
Not as standard. A recall consists of tracing, retrieving, storing and destroying. Those are your own costs and not compensation to a third party. Ordinary liability cover only pays for the damage the defective product causes to others. If you want the operation itself insured, separate recall cover is needed.
Is stock in external storage covered?
Only if that location is shown on the policy schedule. Fire and burglary cover is tied to the location. A rented unit, a second warehouse or stock at a fulfilment provider falls outside the cover on your own premises. Report every additional storage place with address, value and security, even where it is a temporary overflow.
Why does my AVB not cover an advice error?
Because an AVB is designed for damage to property and people. If you advise wrongly and your client loses turnover as a result without anything being damaged, that is pure financial loss. That type of loss is excluded on the AVB and belongs on a professional indemnity policy. At mixed businesses both policies are usual.
Every situation is different. For these situations we have a separate page.
- Finance: we refer you onThe main page
- Insuring a LiugongLiugong, value over time, security, repair
- Buy-to-let mortgageInvestment property, rental income, insurance
- Insurance for financial service providersProfessional indemnity, cyber, financial services
- Financing commercial propertyAssessment, vacancy, security
- Insurance for financial servicesDuty of care, supervision, long tail
- Insurance for facility servicesCare, custody and control, sites, staff
- Liability insurance for webshopsProduct liability, EU Directive 2024/2853, returns
- Insurance for manufacturing companiesMachinery breakdown, downtime, product liability
Read more
Ready to compare?
Request a quote without obligation. We will look at which insurer best matches your activities and your risk.
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.