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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