What are the risks that would be covered under business insurance?
Total Comments: 3
Posted: Tue Nov 11, 2008 05:43 am Post Subject:
Hi, there are some good things that would be covered under business insurance-
People: People are the foremost things that constitute a business process.The managers, officers and other employees would run all necessary operations within a business and hence form a vital part of its sustenance. A business has to cover its people with workers compensation coverage, life as well as the health insurance policies.
Income: It is not possible for a business to sustain if there is no consistent income. A business interruption policy would support a business with a constant source of income or enable it to carry on its operations temporarily from a separate place in the event of a disaster.
It would take a careful consideration of the said elements to ensure a smooth running of your business.
Regards,
ArindamSenIndies
Posted: Tue Nov 11, 2008 06:15 am Post Subject:
How did you forget your business property!
Business property could be in the form of your office structure or the cars that are involved in your operations. Your business property could as well be protected under the property and casualty insurance.
Thanks, Caroline_merquez
Posted: Tue Nov 11, 2008 07:18 am Post Subject:
Hi..
I'm sure..you'd need to think a bit regarding the possibilities of liability as well!
There could be injuries or fatal mistakes coming up as your business operations spread with time. Under such circumstance if you're being held responsible, then your liability insurance would be your protector! It is better you opt for this coverage beforehand.
Evan
Posted: Tue Nov 11, 2008 05:43 am Post Subject:
Hi, there are some good things that would be covered under business insurance-
People: People are the foremost things that constitute a business process.The managers, officers and other employees would run all necessary operations within a business and hence form a vital part of its sustenance. A business has to cover its people with workers compensation coverage, life as well as the health insurance policies.
Income: It is not possible for a business to sustain if there is no consistent income. A business interruption policy would support a business with a constant source of income or enable it to carry on its operations temporarily from a separate place in the event of a disaster.
It would take a careful consideration of the said elements to ensure a smooth running of your business.
Regards,
ArindamSenIndies
Posted: Tue Nov 11, 2008 06:15 am Post Subject:
How did you forget your business property!
Business property could be in the form of your office structure or the cars that are involved in your operations. Your business property could as well be protected under the property and casualty insurance.
Thanks, Caroline_merquez
Posted: Tue Nov 11, 2008 07:18 am Post Subject:
Hi..
I'm sure..you'd need to think a bit regarding the possibilities of liability as well!
There could be injuries or fatal mistakes coming up as your business operations spread with time. Under such circumstance if you're being held responsible, then your liability insurance would be your protector! It is better you opt for this coverage beforehand.
Evan
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