The Top 12 Reasons Why Small Business Need Insurance

Small business enterprises form the foundation stone of any economy. This holds, especially in the case of a developing country like India, where creating employment opportunities is vital. But, most small businesses may need help to flourish, especially in the initial condition, due to tight competition from well-established and large-scale companies.

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Property Insurance: Understanding Coverage for Business Owners

Safeguarding their business’s physical assets is paramount for business owners to ensure the continuity of business and long-term success. One such business asset is property that needs to be protected against all perils. Whether you own an office building, factory, warehouse, godown, or any other commercial property, having insurance coverage can offer financial protection in case of unexpected losses.

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Three Key Requirements for Cyber Insurance

Cyber is an ever evolving and exciting field of insurance. The cyber insurance product initially came into existence as an indemnity product, passive in nature, paying out losses after they happened like other insurances. Then there was a realization that the insurer cannot be a passive player at all times and has to be involved in the management of the cyber claim by providing incident response services.

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