Assurance Without Business ID

Starting from 1.4.2025 we compiled the most important insurance policies for light entrepreneurs, meaning group accident and liability insurance, into one service. When you do billable work through the OP Light Entrepreneur Without Business ID service, you are automatically insured against accidents and liability.

The insurance policies safeguard you while working and meet the insurance requirements of clients. In many industries, light entrepreneurs are required to have valid insurance policies. The insurer is Pohjola Insurance.

Please note that Assurance does not include the broader self-employed persons’ accident insurance and does not remove the potential obligation of the client to have statutory occupational accidents and diseases insurance.

What does OP Light Entrepreneur Assurance Without Business ID include?

OP Light Entrepreneur Assurance Without Business ID includes group accident and liability insurance, agreement templates, legal collection and invoice monitoring.

• Liability insurance covers losses that a light entrepreneur may cause to a third party in their operations. Liability insurance covers, for example, property damage, personal injury and the resulting legal expenses.
• Group accident insurance covers accidents that occur at work and on business trips. The insurance covers treatment expenses caused by accidents.
• Agreement templates help you draw up clear agreements with your customers, which reduces the risk of misunderstandings and protects your rights.
• Legal collection helps you collect unpaid invoices efficiently and professionally in cooperation with Lowell.
• Invoice monitoring takes care of reasonable pricing by intervening in underpricing. With careful invoice monitoring, we combat the shadow economy and fake invoicing. We ensure that the invoices you send are correct and that the correct tax rates are used.

Price of Assurance

2.5% in addition to the normal service fee (5%).

The Assurance service fee is charged automatically as part of the invoicing in addition to the service fee. Assurance is automatically valid when you do work that is invoiced through the OP Light Entrepreneur Without Business ID service. VAT is not added to the price.

What does Assurance's business liability insurance cover?

Assurance Without Business ID includes business liability insurance that covers losses that a light entrepreneur may cause to a third party in their operations. Liability insurance covers, for example, property damage, personal injury and the resulting legal expenses. The maximum compensation of the insurance is €1,000,000.

The business liability insurance provides cover up to €1,000,000.

The deductible for the insurance is €1,000. The deductible for damage resulting from the transfer of a motor vehicle is €5,000.

What exactly does liability insurance cover?

The insurance covers, for example:

• Bodily injuries or material damage caused to a third party, as well as financial losses directly connected to these, for which the insured party is liable based on the legislation in force.
• We will determine your company’s liability for the loss on your behalf and negotiate with the claimant.
• We will handle legal proceedings or pay the legal expenses if the claim for damages goes to court.

Please note the limitations of coverage:

• We may reduce compensation or not pay any if damage has been caused deliberately or through gross negligence.

Business liability insurance does not cover, for example, business risks, such as work quality defects or delivery delays.

Liability insurance does not cover, for example

• losses to policyholders themselves
• loss or damage to property which is held or borrowed by or being used by the policyholder, unless otherwise specified in the insurance policy
• rectifying work that has been completed incorrectly
• humidity damage that has developed gradually
• loss or damage for which the policyholder is solely responsible on the basis of an agreement.

What does the group accident insurance included in Assurance cover?

Assurance Without Business ID also includes group accident insurance, which covers accidents that occur at work and during business trips. The insurance covers treatment expenses caused by accidents. The maximum compensation of the insurance is €20,000.

The group accident insurance provides cover up to €20,000.

There is no deductible in the group accident insurance included in Assurance Without Business ID.

Group accident insurance includes medical treatment cover that compensates examination and treatment costs caused by an accident.

Group accident insurance does not cover, for example, an injury caused by

• an event arising from an illness, defect or injury
• operation, treatment or other medical procedure, unless the procedure is undertaken for the treatment of an injury coverable under this insurance
• poisoning due to medicine, alcohol or other intoxicant or due to a substance taken as food
• biting to a tooth or dental prosthetic
• suicide or attempted suicide.

Leverage ready-made agreement templates

You can download useful agreement templates for your business from your own profile. We recommend that everyone sign an assignment agreement before starting work.

Legal collection of invoices and payment reminders

Everyday business is easy as an OP Light Entrepreneur, when all you have to do is do the work and send an invoice. But what if the risk of entrepreneurship materialises and the payer doesn't pay for the work you've done? We want your everyday life to be just as carefree even in a situation where getting what is due to you is challenging. Undisputed legal collection and payment reminders are part of our comprehensive service. And we'll always help you in unexpected situations.

Invoice monitoring

We want to take care of reasonable pricing by intervening in underpricing. Through careful invoice monitoring, we prevent the exploitation of underage entrepreneurs, the shadow economy, and fake invoicing.

We ensure that the invoices you send are correct and that the appropriate tax rates are used. At the same time, we also check the accuracy of the invoice recipient information.