Business insurance helps you minimize financial loss. It is very important that you insure your business. sadly, none of my businesses are insured. That's because my businesses are online businesses and none of my businesses are inventory based, I don't have products in my own warehouse. I sell digital products. My businesses are operated online. There are no companies in my home country that insures businesses like mine?
Do You Have a Business Insurance
- Thread starter nomad
- Start date
I have never heard companies that insure online businesses too. I guess they don't see the importance of it, yet it is important. Especially since online businesses face risks such as debt or system crushes that are similar to theft and fire cases for offline businesses.
I'm yet to obtain my business insurance but intend to when my business is fully grounded. It is God t have one business insured as it would guide against any unforeseen liability in future. Business insurance would also change the orientation of such business and made it possible to secure loans.
Yeah, that's a very good way to go about it so that you will know that whenever your business is fully grounded with everything you want it to be for you to have everything insured together I'm not doing it all over again.
Insuring of your offline Businesses is a very important thing to do ever. Whenever the insured risk occurs the insurance company indemnifies the business owner to the original state of the business before the occurrence of the insured risk.
well as you seen it having a business insured helps to reduce the financial loss of your business but online businesses mostly do not get insured.
Well for me, the little business that I started has not been insured yet but as time goes on I will ensure the business.
Well for me, the little business that I started has not been insured yet but as time goes on I will ensure the business.
I am running a poultry business which we all know is a very risky kind of business. I have an insurance plan for my farm. I wouldn't want to take chances because anything can happen at any time.
I am working as a freelancer. Hence, there is no need for me to buy business insurance. I think for those running a business, it's important to buy business insurance to minimize loss in case something unexpected happens.
