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3 Main Roles of Insurance
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[QUOTE="Holicent, post: 258359, member: 76163"] The role of insurance in business is a critical aspect of any corporation or business. Insurance can be an effective way to protect a company's assets, as well as its employees. Insurance is available for most types of risks that could affect a company, including: Natural disasters - such as hurricanes, earthquakes, floods and volcanic eruptions Business interruption - if your business can't operate because something happens that you can't foresee (like a fire at your office) Employee theft - if someone steals from your business or from one of your employees Business liability - if someone gets hurt on the job and sues for damages Products liability - if someone gets hurt using your product and sues for damages It's important to understand how insurance works with regard to different types of risks. These factors also have ways of impacting the economy directly or indirectly. [/QUOTE]
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