Home
Class 11
BUSINESS STUDIES
Why is insurance necessary for a businas...

Why is insurance necessary for a businassman?

Text Solution

Verified by Experts

Businesses need business insurance because it helps cover the costs associated with property damage and liability claims. Without business insurance, business owners may have to pay out-of-pocket for costly damages and legal claims against their company.
Promotional Banner

Topper's Solved these Questions

  • BUSINESS SERVICES

    SUBHASH DEY|Exercise GUIDEINES TO NCERT|10 Videos
  • EMERGING MODES OF BUSINESS

    SUBHASH DEY|Exercise Long Answer Questions|7 Videos

Similar Questions

Explore conceptually related problems

Why is modulation necessary at all ?

Why is cell division necessary?

Why is ecdysis necessary in the insects ?