What are the benefits of insurance to businessmen?
Dear student,
Insurance is a scheme that provides protection to policyholder against any uncertain event or loss.
The benefits of business insurance are:
1) It helps business from closing down due to a catastrophic loss, fire, etc.
2) Business liability insurance covers accidents that occur on the business premises during the normal course of business.
3) A business insurance policy creates satisfaction and security among employees.
4) It protects the assets or vehicles of the business.
Regards
Insurance is a scheme that provides protection to policyholder against any uncertain event or loss.
The benefits of business insurance are:
1) It helps business from closing down due to a catastrophic loss, fire, etc.
2) Business liability insurance covers accidents that occur on the business premises during the normal course of business.
3) A business insurance policy creates satisfaction and security among employees.
4) It protects the assets or vehicles of the business.
Regards