"Business insurance, like any other type of insurance, serves as a contingency for any unforeseeable event. It protects intellectual properties and assets as well as worker's compensation. It also deters against liability, any ensuing casualties, and business interruption."
The only time you would not need it is if your personal auto insurance policy already covers you for your business use. If they would not cover then you need to purchase commercial insurance for that vehicle.
form_title=IT Business Insurance form_header=In the IT business, technology is vital to the success of your company. Keep your business and assets safe with IT business insurance. What area of the IT business are you in?=_ Would you like to insure a network?= () Yes () No Do you need all of your business insured?= () Yes () No
the need for developing insurance business in Nigeria
You need A General Liability Insurance Policy
Business liability insurance protects a company's assets from a lawsuit. If a business is high risk or doesn't have enough capital to cover a lawsuit, they should have business liability insurance.
You will need to be trained and licensed to sale insurance. You can get training with the insurance company you would like to represent.
A small business would need health insurance coverage to offer peace of mind to the owner and workers as it means if something happens they are covered and do not need to worry about expensive hospital bills.
You will need to ask a broker to find a company for you.
You will need an insurance license and the associated traiing to open an auto insurance business
A Business owners package policy should cover your studio for some property and the liability of your product and premesis. You might need to add on property coverage for your products if they are expensive or you maintain a lot of inventory and I would be careful about how you value it for insurance purposes. If your business has employees you need work comp, if you have vehicles for the business you need to get commercial auto insurance.
Business insurance leads would be the names and numbers of people who own businesses and need insurance. To buy these names you could consult with the company Axiomi.
If you are purchasing insurance for your business or employees the nit would be a good idea to have an agent. They can answer any questions and set up your policy for you. Try www.insuranceforvolunteers.com/