Worker’s compensation insurance is very important to any business of any form. Around $800,000 of inventory was ruined and if you add in the worth of the place, the overall cost will be about $1,000,000. BOP is only one of our four total insurance policies available to our customers. In case the clients suffer financial loss due to the advice given to them, the PI insurance can cover the compensation claim amount and legal costs.
It is also a requirement in regular business transactions; you will find that if you are planning to rent office space that the person or company you are leasing from will require you to have insurance in place to cover rental costs. Obtaining quotes is an important part of the public liability process, as you need to budget for the cost of the insurance, as well as compare various quotes to ensure you are getting the best value for money.
The first step to finding the right Errors and Omissions insurance policy is to find the right professional liability insurance agent. Insurance companies that offer business insurance will often offer packages that bundle different types of insurance policies together.
On quotes from 1 April until 30 June 2017 AXA is offering two months of your insurance free when you take out 12 months of cover. If you are unsure of which type of policy you should choose, it is recommended that you speak with an insurance broker. Our Business Insurance products are there to give you the advantage and keep you ahead of the game.
Sponsored by few of the most eminent business personalities, industrialists and bankers of Bangladesh under the patronization and guidance of Al-Haj Anwar Hossain, Chairman of Anwar Group of Industries. The type of business insurance you would choose is likely to depend on several factors, such as the type of business you have, whether it is a company or a home bases business, whether you are selling products or services etc.