Business insurance essentially offsets potential risk that an unforeseen incident could detrimentally affect your business, to the extent that it could no longer trade. There are many scenarios which could cause damage to a business, including accidental damage, inclement whether, criminal activity, health and safety breaches, employee negligence or the loss or damage of cash and stock.
A number of business insurance plans can be tailored to protect employees, customers and machinery, depending on the business' needs. Some types of business insurance are even compulsory for any company with more than one employee, or for particular professions.
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