What Is Business Interruption Insurance and Why It Matters

Insurance for business interruption is a crucial protection for companies that is designed to protect their income from loss resulting from unexpected interruptions. Although general insurance policies focus on the repair or replacement of tangible assets, this particular coverage helps businesses keep their financial stability intact in the event that operations cease because of disasters such …

How Business Insurance Supports Your Risk Management Plan

Every business, no matter how big or small, involves risks. These risks include loss of money, lawsuits, natural disasters, employee injuries, and other things that you can’t predict. With proper risk management, businesses can identify, assess, and address these potential threats to ensure smooth operations and long-term success. Without a proper risk management plan, a …

Microinsurance: A Crucial Support for the Underinsured

Microinsurance is a type of insurance designed to provide affordable coverage to people who do not have access to traditional insurance policies. It offers financial protection against various hazards, such as illness, accidents, deaths, and natural disasters, and is targeted at low-income groups, especially those in developing countries. Microinsurance is designed to help underinsured individuals …

How Mobile Tech Is Powering the Growth of Microinsurance

Microinsurance provides affordable insurance to low-income earners who cannot afford traditional insurance. With the rise of smartphones and mobile networks, microinsurance is reaching more people than ever before. It is protecting rural and underserved communities and closing the insurance gap. Mobile technology is making insurance affordable, easy, and accessible to those who need it most …