Republic of uzbekistan andijan machine-building institute fundamentals of business management

Insurance losses. 
Both consumers and businesses insure against any economic loss. A violinist can insure his 
fingers. A writer insures his manuscripts. Businesses insure property losses from fire, products 
insures workers and damages. Any type of protection insurance is important to protect consumers 
for transportation, property, health, and life. Businesses also insure their transportation and 
property. Even liability insurance is important to them. Liability insurance covers personal injury. 
Property received or derived from a product, service, or business activity is objected to. 
Business insurance
Main sections 
Examples 
Office staff 
Medical insurance, 
group insurance, 
disability insurance 
Workerscompensation Life 
insurance 
Property 
Commercial property 
insurance. Transport 
insurance 
Business operations 
Economic interruption 
insurance Liability insurance 
Business insurance 
Companies use financial resources to invest in land, buildings, equipment, and research. If 
businesses suffer losses from these types of resources, they will have difficulty replacing and 
recovering them. Businesses have many types of debt financing. can get hit. 
Personal insurance 
Health and managers and workers are important for business. If workers get sick or injured, they 
become unfit for work. Health care costs are very high. The costs must be paid by the company or 
the workers. If so, companies must cover the employee's health care costs until he or she recovers. 
Medical insuranceDisability insurance is paid when an employee becomes unfit for work due 
to a serious illness or injury during work. The cost of payment is usually 50-70 percent of the 
employee's salary. Special type of disability insurance is similar to work compensation. Work 
compensation It is an insurance system that is paid by law to those who are injured during their 
work. Every business is paid from the insurance fund based on the workers. Life insurance. Many 
businesses also offer life insurance, which pays you when you die. The payee is known as a payee. 
The payee is usually a family member of the insured. Ladi. Companies often insure their managers 
or workers who are important to them. 

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