Posts Tagged ‘business insurance’
The Importance of Small Business
When starting a new business or you should check your insurance company, it is important to ensure that a good, solid insurance commercial, which adapts to your needs. Many small businesses often as business insurance as a luxury, when in reality it is necessary to protect you and your company. Many entrepreneurs think of a company policy that the protection against accidents and damage, fire and theft, or damage to equipment and products. If in fact the most important part of good business policy is the responsibility to protect.
Regardless of the size of the company that are large or small, it is always important to protect your business and unexpectedly. In today’s culture, even the smallest accident can lead to large demands. Part of the overall responsibility for trade policy is very important because it defends you, your employees and your reputation against any action that may damage, harm or neglect in the development of something that did what he did or not. general liability insurance is often purchased separately or as part of a BOP (business owner’s policy) is. A BOP combines property and liability insurance and a policy. Read the rest of this entry »
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What Is Insurance?
What is Insurance where insurance is a system of financial loss by channeling lower the risk of losing the person or entity to another. Agency risk that channel called “the insured”, and the agency receiving the risk is called “the insurer”. The agreement between the two entities is referred to the policy: this is a legal contract that explains each of the terms and conditions protected. Costs paid by “tetanggung” to “insurer” for the risks borne called “premium”. This is usually determined by the “insurer” for funds that can be claimed in future, administrative costs, and profits.
Insurance Act No.2 of 1992 on business insurance is an agreement between two or more parties, by which the parties committed themselves to the insurer to the insured, by accepting the insurance premium, to provide reimbursement to the insured for loss, damage or loss of profits or expected legal responsibility to a third party which may be suffered by the insured, arising out of an uncertain event, or provide a repayment that is based on a person dies or lives insured. Read the rest of this entry »