Business Insurance Policy Provider in India

Commercial general liability insurance is among the first business insurance policies you should buy. Irrespective of the kind of business you run, it’s important to protect your business against legal liabilities. But before you rush to buy it, you must do proper research about it so as to make an informed decision. After all, when buying a commercial general liability insurance policy, there are a host of factors that must be considered, including and most importantly its coverage. What exactly does general liability covers in a commercial insurance?  Does it map to your unique needs and requirements? Would you need to add any extensions? What would be its premium?  These are key questions that must be addressed from the go.  What it covers?  Coming to its coverage, commercial general liability insurance provides protection against legal liabilities due to bodily injury or damage to property that happened as a result of the business operations.  So, if someone...

With the number of cyber-attacks on the rise, almost every business even with a small digital footprint should buy cyber risk insurance. But before you actually rush to buy it, it’s important to have a fair idea about this policy. Because while it has many benefits, it has its own set of  limitations just like any other business insurance like D&O insurance.   Business Insurance · What Are The Advantages And Limitations Of Cyber Security Insurance? Talking about the advantages, cyber risk insurance provides wide coverage for both first and third-party losses. If you have been cyber-attacked, the insurance will cover directs costs resulting from business interruption, extortion, theft, regulatory fines, data loss, and crisis management. To that, it will also cover third-party liabilities, like breach notification costs, data privacy and litigation costs, privacy liability coverage, and media liability coverage. For instance, if one of your customers whose data has bee...

Cybercrime will cost $6 trillion by 2021. The number of such attacks is increasing – and they are getting more sophisticated in nature. The criminals are now able to bypass even robust security measures.  This is a clear indication as to why business owners must invest in cyber security insurance. If their system gets attacked, they will lose money. Depending on the severity of this attack, it can cost them huge to a point that they may even have to shut down the business. There are numerous such examples where the company had to shut following the cyber-attack. More, there are several indirect costs attached to cyber-attack. For instance, if there’s an incident of data breach wherein your customers’ data has been leaked, those customers may decide to sue you for this. Further, incidents such as these hurt the company’s reputation and diminish public’s trust in that brand. This leads to poor revenue.  Business Insurance · Why Is Cyber Insurance A Necessity For Business Owners...

More startups are now heeding to their employees’ health and wellbeing. Buying group health insurance doesn’t just benefit the employees but also, in many ways, the company itself. Getting health benefits can improve employees’ performance and productivity. It can improve employees’ retention. In all, it can create a better environment wherein your team is happy and satisfied, which indirectly enables the business with higher growth and revenue. Now, buying group health insurance isn’t as simple as it may seem. There are a host of factors that must be considered. Since new companies often have financial limitations, sparing luxuriously isn’t an option. It should be budgeted properly so that the employees get maximum health coverage at an affordable premium. In general, every startup has its own needs and requirements. They have their own budget. They might want to offer more benefits to their employees. So, there are no hard rules as to how one should go about with buying a group healt...