As employers dedicate all their efforts to building and growing a business, it is imperative not to leave it exposed to risks by protecting it against any loss resulting from accidents. Business insurance protects businesses from unexpected events such as fire, theft or lawsuits and legal proceedings, providing the peace of mind for employers to focus on managing their business.
Business insurance covers two aspects, namely property assets and employee protection. The former includes fire insurance and property all risks insurance. The latter includes statutory employee compensation protection and accident protection to protect businesses against the financial burden of compensation in the event of employee injury and employee death on the job.