Insurance is a risk management tool it is not an investment.
For companies that embrace the idea of strategic planning must also incorporate risks in your decision-making process to improve the way you make decision.
The sad part is that in our society when most people don’t know the benefit of having an Insurance, almost everybody assume that it is an investment tool. Insurance provides a means for individuals and businesses to cope with some of the risks that we faced in everyday life whether you are running a small, medium or large company.
Disclaimer: This is not investment advice. All information on this site is intended for educational purposes only. We are not liable for any potential damages that may be incurred from this information. Always consult a risk management professional before insure.