Benefits of Insurance for SMEs

Small Medium Enterprises (SMEs) are relatively small businesses with a promising potential to grow despite having low economies of scale and limited amounts of income in their daily operations.

Insurance helps to protect business owners against property damage and liability claims. It ensures that a business can continue running after an unfortunate event.

Insurance on the other hand is a mutual agreement in which an entity pays a fee on a particular basis i.e. monthly and is in turn offered indemnity by an insurance company in cases where the entity encounters an unforeseen misfortune such as theft, fire outbreaks etc. Insurance serves to alleviate businesses from the inevitable risk of losing everything at an instant.

Editor's Comment
Women's bodies are not a man's playground!

In most of these cases, all this violence is done in the name of love! Love is a beautiful thing and no one who claims to love another can ever wish harm on the object of their affection let alone inflict pain upon them.A few weeks ago, the nation was shaken following the gruesome murder of two little innocent souls by their father, who after that painful act committed suicide. One of the biggest challenges that we face as a nation is that we...

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