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Why do business owners neglect insurance?
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[QUOTE="sincerem, post: 148420, member: 25228"] Most at times we cause the downfall of our business offline, when we have chances of keeping it afloat through insurance when the funds is there. Some persons have the funds, but yet they neglect the benefits around insurance when it concerns the benefits of insurance to their business progress against uncertainty. Without emphasizing much on the benefits of insurance to our business. It can help as a financial back up when unbeknownst challenges occurs in our business. It even help in challenges like covid19 pandemic, cos it is one of the natural disaster which disrupts the progress of any offline business. Those whose business ended prematurely due to unexpected financial loss, could've been on the business operation had it been they insured their business earlier through insurance. Why do people neglect insurance? Is it because, their is no adequate funds to insure our business? Or they doubt insurance benefits to their business? [/QUOTE]
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Why do business owners neglect insurance?
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