Operating a company comes with inherent risks: a fire may cause damage to your commercial property, legal suits might be filed against your company or worse, an employee could get injured at work.
Business insurance may cover your company’s losses and damages incurred during these incidents and can be classified into 3 major categories namely: property, employee and legal liability insurance.
Key Points
In this article, we will compare the coverage of different SME Business Insurance Packages offered by insurers today:
Before selecting an insurance plan, go in-depth to understand the details. The most expensive insurance may not guarantee you the best coverage.
You may want to find out more about the experience offered by these insurance providers from their users before committing to one.
Most importantly, settle on a business insurance plan that gives your company sufficient coverage.
Lendingpot.sg operates a Business Loan Marketplace that allows an SME to connect to multiple lenders with just one application, allowing the SME to know who its prospective lenders are and the rates that they offer, in a very short time.
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Jennifer loves helping SMEs in their business growth journey. She is also an epicurean and has perpetual wanderlust. During the weekend, she weaves poems out of thin air and buries herself in books.
