Object of insurance protection: investments of a venture fund.
There are 4 basic insurance programs, that protect the investments:
The insurance policy covers Directors & Officers of the Start-up - all Founders of a Start-up project (in case of physical persons), all key members of the Executive Board against the risks of Death and Disability.
The insurance policy covers all property (office, computers, servers, production lines, warehouses etc.), which is owned by the Start-up or leased (rented) by the Start-up against the risks of Fire, Gas Explosion, Natural Hazards, Theft etc.
Professional Liability Insurance
The insurance policy covers the Start-up company against lawsuits from the unsatisfied customers.
The insurance policy covers information assets, data-bases, computer systems against attacks and damages by computer virus or by hackers.