HOW TO INSURE- POLICIES FOR CORPORATES
Wednesday, January 25th, 2012 The business insurance for the corporate entities is categorized into different policies carrying different weight-age business insurance. The entire gamut of the of the commercial entity should be assessed and business insurance plans should be undertaken to provide for any eventuality. The types of policies that ought to be considered under business insurance are listed as under:
1. Fire insurance – This business insurance can provide adequate compensation for accidents due to fire.
2. Public liability policy: This type of business insurance can cover the damages arising out of liability to public.
3. Product liability policy – This type of business insurance can cover any claim arising due to deficiency in the products.
4. Employee liability – This type of business insurance can indemnify the company against any accidents to employees inside the premises or when on course of duty .
These individual policies can be planned under business insurance to safeguard the interests of the company.