So few are adequately prepared and insured!
Flowing on from the post above, it was no surprise that the Federal Government believe that only around 1 in 3 businesses are fully and or correctly insured.
While this creates a real threat to the businesses that are not insured or protected by a Business Continuity Plan and to the economy, it also presents opportunities to good insurance brokers who can identify the risks of a business and offer some alternative risk treatments.
There are many ways to manage risk, mitigage it, eliminate it, and transfer it to an insurer are just a few. The thing no one should ever do, is ignore it.
Food for thought