When creating their business, entrepreneurs focus on developing their business and tend to neglect their health and welfare coverage. However, certain negligence can have dramatic consequences in the event of a life accident.. Absoluce experts explain the right reflexes to have in order to insure yourself in a reasonable and effective manner.
Business plan, negotiation of a bank loan, search for premises : business creators, very logically, devote most of their time to launching their business. As for their health coverage, generally they only care about what they consider to be the minimum subsistence level, to pay as little as possible, car, it's well known, the big glitches, this only happens to others. An error that could be fatal... They believe that as entrepreneurs, they have no right to be sick, and if they are, this will not stop them from working. Disability and dependency are seen as secondary risks, which are most of the time only financed late, when we get older. However, the reasoning must be the opposite and the money spent must respect the following priorities. First, disability, the death, dependency and hospitalization : they must be a priority in the health strategy of the business creator (like any entrepreneur). If you get knocked down(e) by a truck six months after having created, and you remain disabled(e), with only compulsory social security, your situation will be absolutely dramatic. It is imperative to take out additional warranty. Ensuite, daily allowances : it is very important to have sufficient replacement income in the event of prolonged sick leave. Finally, health : this one only comes in third position.
Disability is the least well covered risk
Disability constitutes the risk least well covered on a compulsory basis. If the insured earns more than the ceiling, his income is reduced to the level of the minimum wage. If he earns between the minimum wage and the ceiling, his income is reduced to the level of the RSA…Regarding death insurance, the level of coverage of compulsory schemes varies greatly. For the self-employed, it is more like funeral costs. It is therefore strongly recommended to take out additional guarantees, especially if you have a spouse and children. Insuring against disability and dependency must be a priority. Why do business creators not devote the necessary financial resources to the most important risks? ? This is mainly due to psychological reasons.. Health and daily allowances are seen as “positive” risks, while disability and dependency are perceived as “negative” risks, that we dismiss, and which is considered to be a “lost funds” expense, simply because we will benefit from it less often, or never. Business creators must think objectively and devote the necessary budget to insure against serious risks..
The first year : the year of all dangers
Assistance for unemployed people starting or taking over a business (Acre) consists of a partial exemption from social charges during the first years of activity. It allows certain beneficiaries to claim other forms of aid such as ARCE, which is the payment of the remainder of unemployment benefits in the form of capital. The principle is simple : Acre beneficiaries have the same rights as other policyholders, but part of their contributions is covered by the State. The impact of Acre on pension coverage is significant, with two scenarios : if the insured registers as a continuation of his salaried activity, he can receive benefits immediately, but if he is discontinued in his salaried activity, his benefits are deferred for one year. But if the obligatory does not apply, the complementary will not play either. In this case, additional coverage is essential.
Be careful when choosing capital unemployment benefit
Another point of vigilance concerns, for job seekers who are starting their business, the choice they can make between the ARE (return-to-work assistance allowance), which ensures them a regular income, and ARCE (assistance with taking over or creating a business), which allows them to transform their compensation into capital. Attention, because very often the creators think that this choice has no impact on the maintenance of guarantees (portability) health and welfare. But this is false, because to benefit from the portability of your rights, the insured must provide proof every month to their insurer of the maintenance of their unemployment compensation. Before opting for ARCE, the creator must therefore contact his insurer to find out exactly the conditions for maintaining portability provided for by his contract.
