Types of Business Insurance | Personal Financial Planning | Dr Sanjay Tolani

In today’s video, I will be covering the in depth of Business Insurance.

Business insurance helps companies manage risk by providing a layer of financial protection from losses that may occur during the normal course of business operations. When a business purchases insurance coverage from an insurance carrier, the insurance company is then obligated to pay the business for the cost of the covered loss up to the limits of the policy.

There are 4 types of Business Insurance every business owner should know which are Liability Insurance, Asset Insurance, Key Person Insurance and the Loss of Profit Insurance. If you have any questions related to business insurance feel free to drop a COMMENT below!

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Dr. Sanjay Tolani, became the “youngest member” at the age of 19 and the “youngest life member” at the Age of 28 to the Million Dollar Round Table (MDRT). He also has 13 Top of the Table Qualifications (TOT), which is considered the pinnacle of the financial services profession. To top things off, he is also the youngest Managing Director of an insurance brokerage in the Middle East.

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[lovenimall]

Thank you sir, God bless you always amen

[samanthateh]

Hi Dr. Sanjay, this is really an excellent video explains business insurance well. What types of insurance we could offer to protect company asset and profits? Does these insurance treated as company expenses? How do we asserting what is the coverage sum (rule of thumb)? Appreciate your guidance

[sharvinmurugan]

Hello sir, can i know what is the nature of business for insurance..?

[jeffreycaspe]

Does the Business
needs to Save Half
of its Actual Total income
for these 4 Risks preparation?

[puneetgoel]

We can buy other Rolls Royce, We are unable to bring back the CEO.

[saswatabiswas]

If this happens, No company wouldnt get bankrupted, Not plausible in real world

[pamelaferguson]

A big thanks to Africa billionaire on YouTube for introducing me to mutual benefit assurance plc, I was able to build a house and bought a car with one of their policy, am so happy.