Liability insurance offers certain protections to a small business owner. For example, if someone falls while visiting your business premises or a customer is hurt by a product your business sells, a liability policy can protect your business. Liability insurance, also called Commercial General Liability (CGL), covers four categories of events for which you could be held responsible: bodily injury; …
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Property Insurance for business overview
Property and liability insurance are critical coverages for small business owners. Property insurance protects small business owners from losses due to theft or damage to physical space or equipment. Property insurance may be one of the most important types of insurance for financially protecting the property and physical assets of your business. Types of property a business needs to insure …
Read More »Overview of Life Insurance and its risks
Life insurance should be one of the most important insurances, because the life of a human being is one of the most expensive things. However, unlike in the developed countries, in many other countries like Macedonia, this type of insurance is not really propagated. The main types of life insurance are: a) Term insurance – is one of the oldest …
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