Insurance

Most Swedish insurance companies offer insurance packages for small entrepreneurs. You should always compare prices and terms & conditions before making a decision. It is also worth contacting the trade association for the industry or sector in which you will be operating. Many trade associations offer their members group insurance. Bear in mind there is no requirement for you to insure yourself or your business in Sweden.

Business insurance

Business insurance may include property insurance, third-party insurance covering your costs if your products or services cause loss or damage, legal expenses insurance covering legal fees and consequential loss insurance which provides compensation for loss of income during business interruption.

If you have employees

If your business will have employees and you are bound by a collective agreement, you must take out insurance based on the collective agreement. A collective agreement is an agreement between an employer and an employees' organization which defines the conditions that will apply in areas such as salaries and employment. You may also take out collectively agreed insurance outside a collective agreement.

If you are not bound by a national or local collective agreement, you are not obliged to take out collectively agreed insurance.