Here's Why..
Risk can’t be total stopped it can only be managed, mitigated or transferred, insurance acts as a Financial tool to transfer the uncertainty of tomorrow. Life is full of risk! Some of these could be health related, business related or even related to your personal affairs and insurance is the financial safety net to secure tomorrows goals.  Â
Everyone needs insurance, no matter what profession may it be a musician, banker, construction, contractor, or even a chef all persons have risks in their life which they must navigate. If you want ro protect your property such as a car or house, or if you’re a professional and want to protect your business. The most common is health related risks that will have an impact on your life and insurance helps to mitigate against these risk. Insurance helps you prepare for those eventualities.
Did You Know?
Musicians may suffer loss from oral or written publications that slander or libels a persons or organisation? There is a policy for that!
Bankers buy insurance for many reasons to protect the assets that they hold for their customers against crime in its many forms which can include fraud, cyber, loss due to theft?
Taxi Drivers & Bus Drivers have a responsibility to the Duty of Care for all passenger that they pick up as such need liability insurance in the event of an accident and someone gets injured?
To start a business without insurance will make it more difficult to obtain financing for your business. Bank and lending institutions will want you to insure your property and liability exposure to protect the business before they issue a loan.
Restaurants need insurance to protect themselves against accidents, errors or mistakes which result in harm to paying customers like food poisoning!