What is insurance against business risk?
Insurance against business risk associated with the damages caused by fire, theft, storm, or any accidents Also insurance companies are considering some more points like failed products launches, rouge trading and regulatory changes which can seriously damage the company’s profitability.
The government can provide insurance for your company to cover risk associated with a specific goal or project. The premiums are usually low or negligible. If your company is unable to pay a loan that was linked to this insurance, your payments will be covered. This guarantee may allow you to borrow money that you otherwise would not qualify for.
