While it is crucial to have sufficient coverage to protect your company’s assets, it is also important for you to make sure you are not spending more than necessary on your insurance.
The loss, compromise or theft of electronic data can have a negative impact on a business, including the loss of customers and revenue. Cyber liability coverage is important to protect businesses against the risk of cyber events, including those associated with terrorism.
Running a business is not without risks. Therefore, it is important for SMEs to understand the various business insurance to better protect our assets, liabilities and employees from the risks associated with operating a business.
Do you employ any local staff with less than $2,600 monthly salary, or work permit or S-Pass holder in Singapore? Read on to learn about important changes regarding mandatory employee insurance in 2020.