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.
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