The viability and relevancy of insurance products sold to businesses and individual.
Answers
Answered by
10
Many business owners and individual feel insurance is an expense they cannot afford, or is a luxury for more established businesses.
Insurance protects business from closing due to catastrophic loss. Fires, floods, hurricanes and tornadoes have been the end of many businesses. When a company take a policy against these types of losses, closer and loss are only temporary instead of permanent.
When it comes to an individual, insurance companies has policies that covers our futures on education, marriage, retirement planning, travel plans and many things. In case the earning member of the family died suddenly, the plans for the rest of the family will continue till the end of the stipulated period contracted.
Insurance protects business from closing due to catastrophic loss. Fires, floods, hurricanes and tornadoes have been the end of many businesses. When a company take a policy against these types of losses, closer and loss are only temporary instead of permanent.
When it comes to an individual, insurance companies has policies that covers our futures on education, marriage, retirement planning, travel plans and many things. In case the earning member of the family died suddenly, the plans for the rest of the family will continue till the end of the stipulated period contracted.
Similar questions