I for Insurance
Not sure which insurance your company needs? Choose an industry and get tips for the most important insurance policies – from statutory schemes to smart choices for your business.
What is non-life insurance?
Non-life insurance protects your company against financial losses in the event of unforeseen events, such as:
- Damage to equipment, goods or premises
- Damage to third parties such as persons or the property of others
- Damage that results in business interruptions and lost income
- Cyber attacks and data breaches
Insurance against claims is especially important – liability insurance covers you if you are held financially liable for damage that occurs in connection with operations.
Why is non-life insurance important?
- Financial security Unforeseen costs can be large.
- Everyday peace: You can focus on building the business.
- Trust Customers and partners see that you take responsibility.
What is employee insurance?
Personal insurance is insurance that companies can offer their employees to provide financial security in the event of accidents, illness or death.
There are statutory insurance policies and supplementary insurance policies that provide security for employees – and for the employer.
Occupational injury insurance is required by law and covers injuries or illnesses that employees can incur during working hours. This includes both physical and mental injuries, and gives the right to compensation in the event of permanent work disability, permanent medical disability, necessary expenses for medical treatment, as well as loss of income.
In addition, you can choose to buy additional insurance, such as:
- Health insurance
- Travel insurance
- Life insurance - compensation for death
- Leisure accident insurance
Employee insurance contributes to increased employee safety, better follow-up in the event of illness and makes you a more attractive employer.
Our advisers will help you find the right insurance
Insurance for start-ups
When you start a new business, there’s a lot to do and insurance is not necessarily the first thing on the list.
New business – which insurance?
When the accident occurs
An accident, damage or a data breach can have major consequences: stopping operations, financial losses or, in the worst case, bankruptcy.
You also have a responsibility to third parties – like customers, visitors and others’ property.
Security with the right insurance
With the right non-life insurance, you protect your operations, finances and reputation. It gives you the peace of mind to build the business further, even when something unforeseen happens.
Statutory insurance
Some insurance policies you must have, depending on the type of business you run or whether you have employees.
Workers’ compensation insurance
All employers with employees must take out occupational injury insurance. This insurance is obligatory in accordance with the Occupational Injury Insurance Act.
Mandatory occupational pension (scheme)
OTP is a pension scheme for the employees in your company. As an employer, you must pay at least 2 per cent of the salary for pension savings.
Read more at The Norwegian Tax Administration
Car insurance
Liability insurance is required by law for all registered vehicles.