Insurances for GMBH

[Yallo]

Hello fellow Mustachians,

I am planning to start my own business (digital consultancy), and just completed the startup.ch application (thanks @mustachian for the affiliate code).

I signed up for the AXA insurance discount as I believe I will need public liability and cyber insurance, but would like to be prepared to challenge what they tell me and wondered if there are comparison websites for these types of insurances?

I will also need a mobile phone line - do you guys usually take a personal line or a “business” contract?

Thank you for your help.

Yallo

ps.I moved to Switzerland last year from France hence the questions that could sound “evident” to a Swiss person

[gaijin]

This is a great site for all kinds of comparisons: https://www.moneyland.ch

[ach]

@Yallo

I signed up for the AXA insurance discount as I believe I will need public liability and cyber insurance, but would like to be prepared to challenge what they tell me and wondered if there are comparison websites for these types of insurances?

Yes, you need a liability insurance. May be Comparis might have a comparison for company insurances or google it.
I just contracted with La Mobiliere directly, the price was acceptable enough and my personal insurance was already with them and had no complaints about their services but I only had few, probably 3, personal claims in 11 years…

@Yallo

I will also need a mobile phone line - do you guys usually take a personal line or a “business” contract?

I already had a personal phone number and just kept it as personal. Of course then you cannot declare its cost as a company cost (unless you do some convolutions, not worth for me)

[Patirou]

@ach

Of course then you cannot declare its cost as a company cost (unless you do some convolutions, not worth for me

Just a personal Expense bill like in any other company, do it once per year for all this stuff, and done.

[Yallo]

thanks - something like a “director loan” where the director is using his own money and claim it back.

I currently don’t have a Swiss phone number (my current employer gave me one) - so I will see which provider makes sense

[xmj]

@ach

@Yallo

Yes, you need a liability insurance.

To be more precise, you do not need this but if you can afford it, a directors&officers liability insurance as well as a pecuniary damage liability insurance will help you sleep better.

[ach]

If your business cannot afford it, then don’t start it

[xmj]

What you need to be in business is paying clients, not some risk transfer that from my fifteen years of consulting experience is highly optional