This year, new ways of working, business and of course protecting our companies will be finalized.
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3 min read
This article has been translated from our Spanish edition using AI technologies. Errors can occur due to this process.
2021 will continue to pose barriers for small and medium-sized enterprises (SMBs) as the world adapts to the new normal caused by the COVID-19 pandemic.
According to insurtech ChooseSeguro.com, this year will be the period in which new ways of working, business processes and of course the protection of our companies will be completed. Because of this, the company highlights the five types of insurance that SMBs will face in the next challenging 12 months:
1. Damage package
Unplanned damage hurts businesses' finances, but there are different guidelines that can cover the different scenarios that SMBs can face, such as: B. Damage to infrastructure such as accidents related to fire or flooding. Losses due to downtime (promised production per incident); civil liability (damage to third parties); Break windows, mirrors or glass; and theft or vandalism in signs and luminous advertisements.
2. Medical expenses
In 2021, comprehensive health insurance is a must for any business willing to do what is necessary to survive as it is the ideal option to take care of what matters most to the business, its human capital and with it to be ready for any emergency that could endanger your health. Last year we learned priorities, so we really need to be prepared for health emergencies.
Technology has brought new threats with it. 70% of SMBs are exposed to cyber-attacks because they ignore information security warnings and do not have the opportunity to recover from an attack. Cyber security insurance is one of the trends in the insurance industry right now.
4. Travel Insurance
Little by little we will resume activities, this is the case with traveling, which is a greater risk for employees. This type of insurance is particularly useful for international travel as it includes cancellation protection, medical care, and specific coverage like COVID-19 infections.
5. Insurance for non-payment of rent
In 2021, an increase in the rents non-payment policy is expected, whose businesses related to the letting of space can be protected against late rents and unpaid monthly payments. This is how companies don't shut down.