General insurance protects you and your assets from the financial risk of something going wrong.
It can’t stop something happening, but if something unexpected does happen that is covered by your policy it means you won’t have to pay the full cost of a loss.
Whether you consider yourself a legend in business management, or you’re getting into business for the first time, the truth is you’re human and are prone to error. Each decision you make has consequences that come with it.
Operating a business is almost like Russian Roulette. It’s an experience that will enthrall you but it comes with a certain degree of risk.
Insurance coverage is available for a myriad of potential dangers such as natural disasters to trade insurance. Insurance providers are very particular about the events they are intended to protect their customers from. It is important for the policyholder to understand the insurance contract before signing the contract.
In the event of a loss, the active policyholder will proceed to file a claim with the insurance provider. The provider is then liable to compensate the business for damages that have occurred.
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