Another description of insurance that is intended to protect your business is called Product Liability Insurance. It is a must for a business operator to insure his business for assurance. It is one way to protect your business and capital. If your business is about selling products, this insurance protects you in the case that one of your products is defective and injures a customer. The insurance company will only require proofs of the defective products and the certification from the doctor regarding the injured customer. Because the cause of the injury happens in the business center, the business owner is obliged to shoulder the cost of the treatment and will be reimbursed by the instance company. This is better than money coming from your pocket.
Protect your business with Product Liability Insurance
- Thread starter Starmix
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