What insurance do I need as a self-employed person?
A frequently asked question for self-employed people is “What insurance do I need as a self-employed person?”. Independent project manager or freelance carpenter? Self-employed insurance policies are essential. If you know what risks you run as an entrepreneur, you can take measures to prevent them. Or at least limit it. You can also insure the rest of your risks. You have many things to think about when you’re just starting as a freelancer.
We have compiled a list of self-employed insurance policies that are the most popular among entrepreneurs. If you are already a self-employed person, it is wise to check whether you are sufficiently insured for the work you perform. For advice on the different types of self-employed insurance policies, you can contact FreshZPP’s partner network.
Health insurance self-employed person
The compulsory insurance for self-employed is currently health insurance. Health insurance is compulsory for everyone living in the Netherlands. Even if you are an independent entrepreneur. In paid employment, the employer pays the employer’s tax, as an entrepreneur you pay an income-related contribution. This contribution is based on your taxable income, the Health Insurance Act premium. Were you collectively insured for healthcare through your employer? You can continue this health insurance, but not the collective. This one expires of course. You can also make use of other collective self-employed insurance policies for healthcare.
Liability Insurance self-employed
A liability insurance (AVB) is indispensable. There are two types of liability you can deal with as a self-employed individual. Namely, the business and professional liability insurance zzp. Contrary to popular belief private third-party insurance does not cover damage you cause to other employees of your company. A business liability insurance zzp is therefore necessary.
Self-employed person Business liability insurance
A business liability insurance zzp (AVB) covers damage that you cause to others during your work. Imagine a customer who trips over your paint supplies, and ends up in plaster for months. Or you deliver the ordered washing machine and bump into a precious painting hanging on the wall, resulting in damage. Without business liability insurance, you will be responsible for the financial consequences of this damage or injury.
Professional Liability Insurance Self-employed Person
Professional liability insurance for the self-employed is not mandatory. But more and more clients only assign assignments if the self-employed person has good professional liability insurance. This insurance may also be required by a trade association. Incorrect advice can cause financial damage to professional groups like accountants, architects, and consultants. Think, for example, of a parking garage that collapses due to a calculation error by the architect. An accountant who makes a mistake and the tax return is incorrect. In such cases, professional liability insurance is definitely recommended.
CAR insurance self-employed for the construction sector
If you carry out construction work, a CAR insurance self-employed person (Construction AllRisk) is the right choice. You are covered for any consequential damage to the work you have done. Structural work is all work that you perform on the construction of a building. Such as installing load-bearing walls, roofs, supporting and supporting beams. For example, if you build a load-bearing wall incorrectly and part of the building collapses, the costs are a lot higher than just installing a new load-bearing wall. We refer to all damage around this as consequential damage. This consequential damage can be insured with a CAR insurance policy zzp. If you work as a self-employed person in the construction sector, clients require you to have a special CAR insurance self-employed. What is the difference between an AVB and CAR insurance? An AVB covers general liability and damage to client’s equipment. CAR insurance is required for consequential damage to your construction project and your own materials. Before you begin a construction assignment, ensure that you have the appropriate self-employed insurance.