Insurance Protects Businesses Financially

Insurance is a method of protecting a person or firm against financial loss resulting from damage to, or theft of, business assets (general insurance), and financial loss due to disruptions to the business (income protection cover). A variety of insurance covers exist that may be relevant for a business owner.

Insurance may be obtained directly or through an intermediary such as an insurance broker or insurance agent. In return for an insurance premium the person or firm obtains insurance cover against financial risks.

 

Why choose an independent insurance advisor ?

An Independent Insurance Agent represents a number of insurance companies, and researches these markets to provide you with the best combination of coverage and services at a competitive price.

 

Enquire about our Report

"Risk Management and Business Insurance Premiums"

 

 

Business Insurance Services

Overview of types of Insurances and Insurance Products (non-life products)

Insurance Requirements Formulation

Risk Management Assessment

Formulation of Risk Management Procedure(s)

Insurance Placement Strategy

Help with filing of Insurance Reports

Advice on the client-broker Relationship

Advice on Insurance Portfolio Management

Help with Insurance Claim Processing

Referral to Insurance Provider(s)

Insurance Law

 

Insurance (Business Insurance)

Business insurance can be any kind of insurance that protects businesses against risks.

Insurance is defined as the equitable transfer of the risk of a loss, from one entity to another, in exchange for a premium.

The insurance rate is a factor used to determine the premium, to be charged for a certain amount of insurance coverage and individual risk exposures.

Risk management, the practice of appraising and controlling risk.

 

The principal categories of business insurance are:

a) Professional Liability Insurance

b) Business Owners Policy