50+ General Insurance Company Functions Pics. For example, trucking companies must have general. The government requires some companies and professionals to carry liability insurance.
Functions and Organisations of Insurance from image.slidesharecdn.com General liability insurance (also called commercial liability insurance) helps protect your company or professional practice from claims of bodily injury to a customer or damage to a customer's property resulting from using your product or service. Different types of business insurance include professional and product liability, property and workers' compensation. Gmac also operated a financial services branch, and it was part of the major.
Gmac also operated a financial services branch, and it was part of the major.
The general insurance, nashville, tennessee. Two related general insurance terms, the first of which is the cause of a loss and the second being any condition that increases the risk or severity. The function of an insurance company is to assess risk and offer policies to provide financial compensation in case of loss or a claim against you. Insurance, as defined by wikipedia, is a means of protection from any kind of loss, be it the loss of life, or of property.