What is Business Asset Insurance?
As a business owner, you must have come across opportunities in which it is easy to generate profits but it is much more complicated to protect the assets of your company that help in generating the profit.
Asset insurance provides coverage to all your assets against unexpected and accidental damage. If they can be repaired, the company will cover the expense of repairment and if they are un-repairable then the insurer will replace the same.
It will be mentioned in the policy document which assets will get coverage like service facilities, include buildings, gates, walls, etc.