Business expenses include items such as rent, utilities, and salaries, but let’s take a critical view of one of these expenses:

Questions:

1-From a financial perspective, what is the purpose of different types of business and individual insurance?

2-How do business and individual insurance work?

3-Society and government mandate that people and or businesses have certain kinds of insurance, but do you think a person or business is penalized when they use their insurance? Why or why not?

4-Who do you think gets the true benefits of insurance? The company or the insurance customer?