Business insurance

In the Netherlands, you are not obliged to insure against any risks that you run as a result of having a company. However, you can take out a business insurance to cover some of these risks on a voluntary basis via an insurer. Starting entrepreneurs may be eligible for a voluntary insurance at the Employee Insurance Agency (Uitvoeringsinstituut Werknemersverzekeringen, UWV).

Examples of business insurances are:

• company car insurance
• company liability insurance
• consequential loss insurance
• professional indemnity insurance
• export credit insurance
• goods-in-transit insurance
• loss-of-income insurance
• machinery and equipment insurance
• credit insurance
• buildings insurance
• legal assistance insurance
• sick leave insurance

Closing down your business

If you close down your business, decide whether you have to cancel all or some of your (business) insurances.