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.