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All your insurance under one roof: Wim, an entrepreneur, shares his experience

As an entrepreneur, you have to think about many things. Entrepreneurship involves a lot more than your business activity: it includes monitoring payments, doing your admin and so forth.

If you have two or more AG business insurance policies, Modulis groups them into one package. That way, you get optimal protection, along with financial and administrative benefits, and you can count on specific cover tailored to your business or practice.

Wim, a physiotherapist, is an entrepreneur who has tried out the service for himself, and benefited from its simplified administration combined with effective protection. He tells his story below.

His own physiotherapy practice: a dream come true

When Wim obtained his physiotherapy degree, he dreamed of starting his own practice. First, however, he had the opportunity to start working in a nearby rehabilitation centre. He decided to opt for the security of a salaried job and gain some experience. In the meantime, he bought his own home. And eight years later, the building next to his home was put up for sale. He seized the opportunity immediately: finally, his dream of opening his own practice was about to come true!

Wim: "I spoke to my advisor, and examined the insurance policies I needed. I had no idea myself and was pleased to get professional advice. That way, I could be sure I had sufficient cover."

Feet on the ground

To protect his dream, he looked for the right insurance policies. For the building and its contents, he took out a Top Bureau fire Insurance policy from AG. Since he was now self-employed, he also had to assume his own responsibilities towards third parties. So he took out a professional liability insurance (medical and paramedical) policy. This covers his professional medical liability and compensates for any damage he may cause to anyone in the course of his practice. He also decided to insure himself against accidents in the context of his professional and private life with the Formule 24 accident insurance policy. As a skiing enthusiast, Wim goes to the mountains every winter. A skiing accident could mean that his physiotherapy practice has to close for several weeks. The Formule 24 professional and personal accident insurance policy provides daily compensation if you’re temporarily unable to work. Wim chooses the exact level of compensation himself, based on a selected coefficient applied to a certain daily amount.

It's essential to protect what really matters, even as an entrepreneur. But it can be challenging to arrange all the insurance policies you need. By grouping all your property/casualty insurance policies (vehicle, fire, accident and liability insurance) into one Modulis package, you make things easier for yourself. One policy means one expiry date and one premium: practical and clear! Moreover, there is a guaranteed 10% bonus (subject to conditions) if your policy starts between 2 January 2024 and 1 January 2025. If you prefer not to pay the annual premium for your Modulis package all at once, you can divide the payment and pay every 3 or 6 months, without additional costs. This helps your cash flow while ensuring that you’re optimally protected at all times.

Wim: "I was shocked to see how many insurance policies I needed for my physiotherapy practice. Thanks to Modulis, they’re all grouped into one package. I pay for everything with one premium, and I can be certain I’ve got the best protection. This gives me peace of mind and saves me a lot of time, which I can invest in my business."

Packages for tailored protection

At the rehabilitation centre, Wim specialised in shockwave therapy, a physiotherapy technique that uses shockwaves to reduce pain in the body. He decided to continue on this path and purchased a state-of-the-art mobile device worth €10,000. A significant investment...

Each business has its own specific features and therefore requires specific protection. That's why Modulis offers tailored packages, developed with professionals from the sector. These packages offer custom-built coverage for certain businesses, serving people as diverse as physiotherapists, bakers, hairdressers and general practitioners. To protect the risks specific to his physiotherapy practice, Wim took out a Modulis physiotherapist package.

Also outside of work

Wim also chose AG for his non-professional insurance policies. He loves cycling with his family at the weekend. He and his wife bought high-quality electric bicycles: a significant investment, because a reliable bicycle – especially an electric one – is expensive. He had taken out bicycle insurance with another insurance company, but his advisor pointed out that by switching to Top Vélo insurance, he was entitled to a 10% discount on the whole premium thanks to the Client Complet special offer, because he already had a Modulis policy. Another significant benefit!

With Top Vélo insurance, a comprehensive insurance policy from AG, Wim and his wife are well insured. The policy covers material damage, theft, accidents and assistance in relation to electric and standard bicycles and other means of transport, such as unicycles, hoverboards, electric and standard scooters and electric wheelchairs.

Entrepreneurship with peace of mind

For self-employed individuals, professionals and entrepreneurs, it’s crucial to protect your business, assets, loved ones and yourself as well as possible. As a trusted financial partner, we can provide you with practical and targeted advice, so you can start your business with peace of mind.

Top Bureau is a Belgian-law business fire insurance policy for buildings and contents from AG, distributed by BNP Paribas Fortis.

The professional liability insurance (medical and paramedical) policy is a Belgian-law professional liability insurance policy from AG, distributed by BNP Paribas Fortis.

Formule 24 professional and personal insurance is a Belgian-law accident insurance policy from AG, distributed by BNP Paribas Fortis.

Top Vélo is an AG insurance policy that covers material damage, theft, assistance and accidents, and is distributed by BNP Paribas Fortis.

AG Insurance SA/nv – 53 Boulevard Emile Jacqmain, B-1000 Brussels – RPM/RPR Brussels – VAT BE 0404.494.849 – http://www.aginsurance.be/. Accredited insurance company licenced under code number 0079, under the supervision of the National Bank of Belgium, 14 Boulevard de Berlaimont, B-1000 Brussels.

Intermediary: BNP Paribas Fortis SA/nv – 3 Montagne du Parc, B-1000 Brussels – RPM/RPR Brussels – VAT BE 0403.199.702, registered with the FSMA, 12-14 Rue du Congrès, B-1000 Brussels, under code number 025879 and acting as a contractually appointed insurance agent on behalf of AG Insurance SA/nv. BNP Paribas Fortis SA/nv holds a stake of more than 10% in AG Insurance SA/nv.