Business Insurance Flashcards
1
Q
Insurance require by law
A
PRSI/USC
2
Q
Types of business insurance
A
Building insurance
- burglary and theft insurance
- cash in transit insurance
- consequential loss insurance
- employer’s liability insurance
- fire insurance
- goods in transit insurance
- motor insurance
- product liability insurance
- PRSI
- public liabilities insurance
3
Q
Non insurance risks
A
- strikes
- changes in fashion
- new competitor’s products
- bad management decisions
- changes in laws
