An insight into varied types of business insurance

An insight into varied types of business insurance
2 min read

Owning a business, large or small, requires a good amount of work. As a business owner, you would need a great deal of passion, perseverance, dedication and a consistent focus on long- and short-term goals. Among other things, you must have appropriate risk management solutions in place to ensure the growth and success of your business. Diverse types of businesses require distinctive types of insurance solutions. For instance, exporters should consider availing credit risk insurance from a reputed Credit insurance agency in Delhi, India. This insurance option providers coverage to exporters against loss in the export of goods and services via ECGC (Export Credit Guarantee Corporation of India) and others.

Marine Cargo Insurance, on the other hand, would be required by companies that move their cargo or merchandise from one location to another using roads, railroads, airplanes, ships, or couriers. Marine cargo insurance would cover losses and damages in case the cargo or commodities are destroyed in transit. This insurance helps make sure that the insured will not need to pay out of pocket for lost or damaged products.

Commercial General Liability (CGL) Insurance is one of the most prominent types of Business Insurance in Delhi NCR. It basically is a combination of public liability and product liability.Commercial general liability insurance tends to cover bodily injury, personal injury, and property damage that is caused by products and injuries on the insured business premises during business operations. Certain businesses may even require public liability insurance. Such a risk management policy covers any bodily harm and property damage to a third party for which the policyholder is accountable. It is also called "commercial general liability insurance," and tends to combine public and product liability insurance coverage.

Details of the top insurance and Portfolio management agency in Delhi NCR can be found online

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Primefolios 2
Prime Folios is one of the leading & bespoke advisory firm to provide a range credit risk insurance covers to exporters against lose in export of goods & serv...
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