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
Happy Independence Day!

Independence Day holds immense significance for Batswana as a whole. It offers a moment for reflection and celebration of the country's achievements, while also prompting introspection.We must honestly assess whether the number of years of independence aligns with the progress we have made. While there is certainly much to celebrate, there are also pressing issues that require the attention of relevant stakeholders. Many Batswana are facing...

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