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Reasons why business needs insurance
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[QUOTE="CALVINDOL, post: 204568, member: 43757"] What are some of the reasons why business needs insurance? The law requires businesses with employees to provide particular types of insurance, some are, workers compensation, unemployment and disability. It all depends on the state where the business is located. Having an insurance in your business will help your business to be running and also growing. It also helps to protect your employees. Your most valuable asset is not the product or services you offer, the equipment you take so much care to maintain or even the brand you struggled for years to build.No, your most valuable asset is your employees, and it's best to protect them in the event of an accident Having insurance isn't just about protecting your business in doom and gloom scenarios. It can have the positive benefits of attracting and retaining qualified employees. Having an insurance in your business is also good because you cannot predict the future. No business owner has a glitter bomb hidden in a closet that can predict what might happen in the future. It would be excellent if natural disasters injuries on the job or lawsuit never occurred.But no one can guarantee such things. More ideas why we need insurance in our business? kindly share. [/QUOTE]
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