COMMIT YOURSELF TO THE PROTECTION OF YOUR COMPANY WITH OUR BANK !

To be insured as a business manager at KGK BANK is to be more than responsible. It is to be an actor for the well-being of the progress of your company, but also for those of your employees! It is conveying one aspect as a large owner taking into account his responsibilities.

Property insurance

Property and consequential operating loss insurance exists with the following contractual formulas:

All-risk contract except:

• This type of contract covers all risks without them being expressly mentioned in the contract, except those which are expressly excluded in the contract. This formula provides superior protection.

• Damage insurance is a financial service where an insurer undertakes to provide protection for material goods (Building, Materials and Goods) which, following covered events (fire, theft, accident, etc.), could be damaged or destroyed.
• We cannot foresee everything and we cannot prevent everything. The fact remains that many accidents and losses could be avoided thanks to actions in the field of prevention and protection.

Multi-risk contract:

• These contracts bring together several guarantees. All the risks that are covered by the contract are expressly named. The main events covered are fire, explosion, storm, natural disasters, acts of terrorism, theft, machinery breakdown, computer breakdown, water damage, glass breakage.

Operating loss :

• Business interruption insurance covers the loss of gross margin (fixed costs + operating profits) caused by the interruption of your activity, as well as the additional costs incurred as a result of the loss covered by the contract.
• A stop more or less limited in time or the simple hindrance of the activity of a company generally manifests itself by a drop in turnover. Despite the reduction in its revenue, the company must meet expenses such as rents, salaries and social security and tax charges, loan repayments, etc. There thus appears an imbalance between revenue and expenses which can go until a situation of cessation of payments is created.
• The purpose of compensation for an operating loss is precisely to restore your business to the financial situation it should have been in if the loss had not occurred by paying fair compensation to restore the financial and commercial balance according to the time required for full recovery of activity.
• The compensation period: The contract provides for a period determined in advance (generally 6, 12, 18 months). It must correspond to the longest period necessary to restore the working tool and the installations.

Civil liability, what is covered:

– Contracting parties, including customers, due to the non-performance or poor performance of contractual obligations, in this case the company engages its CONTRACTUAL CIVIL LIABILITY

– Third parties (outside the contractual framework) and in which case the company incurs a TORT OR QUASI-TRIT CIVIL LIABILITY

The purpose of the insurance is therefore to guarantee the financial consequences of bodily, material and immaterial damage caused to others (customers and third parties) by the company.

The different Civil Liability insurances:

– Operating Civil Liability which covers liabilities incurred during operation as well as during the company’s related activities.

– Civil Liability After Delivery or After Works which covers damage caused after delivery by the products manufactured or after receipt by the work carried out by the company

– Professional Civil Liability which aims to guarantee the pecuniary consequences of the Civil Liability incumbent on the company.

– Civil Liability for Corporate Officers, the purpose of which is to reimburse the latter or to take charge in their place and place of the settlement of the loss resulting from any claim brought against them involving their personal or joint civil liability.

CYBERFRAUD is an occasional threat to computer systems.

A cyber attack is an offensive act against a computing device through a cyber network. A cyberattack can emanate from isolated individuals or from a group of hackers, possibly state-owned.

The main objective of a cybercriminal may be to make a profit, for example, stealing user data to resell it or return it for ransom; by defrauding vulnerable people on the Internet ; or by carrying out phishing attacks. Among the many online scam methods, phishing, or « phishing », remains the most widespread among individuals and consists of posing as a trusted third party in order to extract personal information from a company or a particular. Victims may receive a fraudulent email inviting them to click on a link or even be contacted by telephone, establishing a certain relationship of trust, with a view to investing the capital of companies whose identity has been usurped by the scammer.

It is almost always malicious, but can be part of an ethical approach, when its sole purpose is to highlight a security breach
A cyberattack is an attack on computer systems carried out with malicious intent. It targets different computer devices: computers or servers, isolated or in networks, connected or not to the Internet, peripheral equipment such as printers, or even communicating devices such as mobile phones, smartphones or tablets. There are 4 types of cyber risks with various consequences, directly or indirectly affecting individuals, administrations and companies: cybercrime, image damage, espionage, sabotage.

Our Business Protection guarantees you:

• Experts who have compared the different offers from insurers to offer you the solution best suited to your organization.
• Complete guarantees: theft of customer data, operating losses, damage to your e-reputation, etc.
• Accompaniment to installation and compensation.