What is the benefit of Business Insurance?
Business insurance is a risk management tool that enables businesses to transfer the risk of a loss to an insurance company. By paying a relatively small premium to the insurance company, the business can protect itself against the possibility of sustaining a much larger financial loss. Benefits of business protection insurance : Provides bodily injury coverage Provides Property damage coverage Covers for advertising liability Helps minimise the financial losses Covers for lawsuits and settlements Helps promotes business continuity Protects the business image Hope, It helps. Original Source: https://www.quora.com/What-is-the-benefit-of-Business-Insurance/answer/Ranjit-Singh-3890/