Tag: Business Insurance Policies
Rethinking Global Mandates in Insurance Broking: A Case for Local Expertise
In the dynamic realm of insurance broking, a noteworthy trend is emerging—the prevalence of global mandates. These agreements, forged between clients and brokers, commit clients to exclusively availing services from a designated broker globally. While such arrangements often rely on international relationships between brokers and their clients’ head office personnel, a critical question arises: Can […]
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Embedded Insurance: Bridging Convenience and Awareness
In the dynamic realm of insurance, a groundbreaking concept has emerged, taking centre stage and transforming the way we perceive risk protection – embedded insurance. This innovative approach endeavours to seamlessly integrate insurance into the customer’s purchase journey, promising accessibility and convenience. However, as we delve into the landscape of embedded insurance, a critical consideration […]
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Group Health Insurance vs. Individual Health Insurance: What’s the Difference and Which is Best for Your Business?
Businesses would often be confused when deciding the health insurance for their employees. It would be difficult to decide whether to go with group health insurance or individual health insurance. Group health insurance has certain benefits, such as customization of policy, one policy for all, no sub-limits, no co-payments, no restriction on the number of […]
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A Healthy Bottom Line: How Group Health Insurance Can Boost Your Business’s Financial Health
Group Health Insurance The group health insurance policy is intended to pay for the medical costs of the insured in cases that they require hospitalization because of injuries, illness, or ailment within the period of the policy. You are covered up to your sum insured mentioned under the policy. Group health insurance is usually taken […]
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Retail Business Insurance Plans in India 2023
What is Retail Business Insurance? Retail business insurance plans are those plans that are designed to protect the property and interests of retail businesses in India. Retail business insurance plans are those that a customer buys directly from the insurance company to cover certain unforeseen events which would cause loss or damage to the insured’s […]
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The Cost of Doing Business: How Group Health Insurance Can Help You Save
There are numerous costs involved in conducting business in India. These include startup costs, sunk costs, and employee expenditures such as salaries, employee benefits etc. The major costs apart from the initial investment would be the operational and employee benefits costs. Any business would like to reduce its costs in one way or the other […]
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Interior Decorator Business Insurance Plans in India 2023
What is Interior Decoration Business Insurance? Interior decoration business insurance is designed to cover the losses or expenses arising from their operations due to unexpected or unforeseen consequences. Interior designers and decorators deal with creative assignments that form their major income source. There might arise lawsuits due to deficiency in the services provided by the […]
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Manufacturing Sector Insurance Plans in India 2023
What is Manufacturing Sector Insurance? Manufacturing sector insurance plan is designed to protect the interests of manufacturing company owners. Various perils would cause damage or loss to the manufacturing sector and are covered under the manufacturing insurance plans. Manufacturing insurance plans cover property damage, liability towards third parties for bodily injury and property damage, employees’ […]
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Construction Insurance Plans in India 2023
What is Construction Sector Insurance? The construction insurance plans provide comprehensive cover that includes various civil engineering works such as building, water tanks, erection of buildings, sewage treatment plans etc. Construction insurance plans are designed to cover the damages or losses arising during the construction period due to any insured peril at the time of […]
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Startup Insurance Plans in India 2023
What is Startup Insurance? Startup insurance refers to insurance coverage specifically designed to protect the financial interests of start-ups and small businesses. Start-up insurance covers business losses and damages from various risks such as natural calamities, liability from third parties, property damage and financial loss. Some common types of start-up insurance are general liability insurance […]
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Business Insurance Plans in India 2023
What is Business Insurance? Business insurance plan is one type of insurance that offers coverage to businesses for covered perils. Business insurance would cover the damages or losses to the property from insured perils and protects from third-party damages and legal expenses. All organizations can take business insurance to safeguard their interests and provide them […]
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