Now let's talk about company insurances. This question is really important as you have to be prepared for the main risks and which damages can be caused on your business. 

Your personal consultant at Nyföretagarcentrum will direct you to a insurance company. 

Most companies have a insurance package which is put together dependent on the need of each company. 

The company insurance commonly covers, 

• Professional liability insurance (ansvarsförsäkring) –It saves you from the financial consequences of a professional mistake, foul play and any damages you and your company might be responsible for.
• Legal coverage (rättsskyddsförsäkring) - Covers expenses for lawyers 
• Business interruption insurance (Avbrottsförsäkring) – this kind of insurance can be used in cases when you are not able to generate revenue in order to cover running costs such like salaries, wages, rents and interest rates. 
• Occupational Accident Insurance (tjänsteolycksfallsförsäkring) – when you start your business it is obligatory to take this insurance if you employ staff in your business. 

There are several different personal insurances you can take out. The most important once for you as an entrepreneur are the following:

• Daily sickness allowance (sjukavbrottsförsäkring) – if you are self-employed and can not work due to illness.
• Unemployment insurance (arbetslöshetsförsäkring) – monthly pension if your business doesn´t develop as expected and you have no revenues. 
• Accident insurance (olycksfallsförsäkring) – you get statutory and personal accident insurances if an accident results in invalidity. 
• Pension provision (tjänstepensionsförsäkring)– of course you will have a pension provision if you already paid into the statutory pension fund during a previous work and this insurance will make payments to your pension fund when running your business.