INSURANCE
D E R U S N I E B O T IT PAYS
RANCE WHAT IS THE RIGHT INSU ESS FOR YOUR SMALL BUSIN
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ou can’t have a business without insurance. The two go hand in hand. But finding the right insurance for your small business takes time, patience and careful research. Insurance keeps your business going in times of crisis, but it also comes with a price. There is no doubt that you need to be covered for those unpleasant surprises that crop up from time to time – always when you least expect them - but with all the options out there, how do you choose the right business insurance? Following these steps could throw valuable light on the matter: Find out what’s out there. Insurance companies offer all kinds of business cover, and wading through all the policies and options can be confusing. Basically, business insurance should cover you against these categories of risk: • Property • Crime • Time • Vehicles • Worker’s Compensation Property insurance covers your business against damage to its office premises, warehouses, or factories. It also covers damage to machinery and office equipment – this type of damage can be expensive, making property insurance non-negotiable for most companies. Crime is an unfortunate reality in most countries, and South
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