6 things SMEs need to know about insurance

Nobody wakes up in the morning and says ‘Yay! I get to buy insurance for my company today’. It’s just not something to look forward to. We are optimistic by nature - entrepreneurs & business people perhaps even more so than average. But there are really important reasons why you shouldn’t keep putting off that buy decision — even though there is clearly no instant gratification.

Photo by mentatdgt from Pexels

Here are some of the key points to keep in focus:

1. It’s not that expensive

2. It sends a good signal to your team

3. You minimize the risk of a major disruption to your customers

4. Legal liability is a real thing. Just because you ignore it doesn’t mean it goes away.

5. Some insurance is required by the law.

6. A little education goes a long way.

At Inzsure, we make commercial insurance easy. Not just at the purchase stage but throughout the life cycle of the policy and beyond. We launched in Singapore earlier this year and coming soon in Malaysia. The platform was created by customers for customers and one of our commitments is to educate on the power of appropriately designed insurance programs for SMEs. Don’t hesitate to check out our website and user-friendly help sections for more details: Inzsure.com

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