In everyday life, the actions we take certainly have risks that can occur anytime and anywhere. As humans, we can be sure we want to avoid these risks or minimize the risks that will occur.
When risk occurs, it often has a significant effect on financial stability, especially in the business world, something that happens or a decision taken will be risky and affect the company’s financial performance.
For example, if there is a natural disaster such as an earthquake. Where no one can predict when and where an earthquake can occur.
However, the impact of the earthquake was felt by all parties, including the business world which has building assets such as offices.
This can damage buildings that function as offices and affect your business processes.
If the damage is minor, it will not have a significant impact on the company’s finances. But what happens if the damage done is heavy damage?
It’s different if you provide an umbrella before it rains by having insurance that protects you. The context of protection in insurance is as protection, guarantee and also product benefits from any type of insurance. Insurance is a transfer of risk or minimize losses that can occur in the future with a written policy agreement.
If referring to the OJK, then Insurance can be interpreted as an agreement between the insurance company and the policyholder which is the basis for receiving premiums by the insurance company in return for; providing compensation to the insured due to loss, damage, costs incurred, lost profits or legal liability to third parties that may be suffered by the insured due to the occurrence of an uncertain event. Besides that,
Enjoy a variety of Insurance Benefits
Insurance is very important because it is useful as an important step to minimize risk, especially in unexpected financial risks in the company. In addition, insurance also has several other benefits, such as:
- Insurance is useful for minimizing losses. The losses faced by the company are getting lighter because some or all of the risk has been transferred to the insurance company. So, the saved savings funds can be allocated for other purposes in your business or emergency funds that have been prepared and not used can be invested
- Beneficial insurance provides protection for yourself, your loved ones or a team of employees who work in your company. By having insurance indirectly, you provide investment in the form of protection and protection for yourself or others.
- Take advantage of insurance as one of the company’s money management steps on a regular basis. Indirectly, we will understand how to manage company finances by setting aside regularly into post-post distributions. One of them post insurance payments, post business needs or other posts.
So, still want to defer insurance?
After getting an explanation regarding the various insurance benefits. You already understand that insurance provides benefits in terms of protection, both for yourself, your family and colleagues. Insurance can also cover the risks in the business you are in.
It seems that there is no longer any reason not to have insurance, because by having an insurance policy we can prevent financial losses that occur in the future. Therefore, it is time for you to start caring for yourself, your family and colleagues in your business world. The easy way is to register as an insurance customer.
So, the next question is “Which insurance is suitable for my business”? Don’t worry, there’s no need to worry or be confused, because CIMB Niaga provides a variety of bancassurance products in collaboration with well-known and reputable insurance companies.
CIMB Niaga strives to provide a variety of insurance protection solutions that are suitable for your needs. The following are some of the offerings of Business Insurance products by CIMB Niaga:
- Earthquake Insurance, where this insurance product provides coverage for losses caused by Earthquakes, Volcanic Eruptions, Fires, and Tsunamis
- Fire Insurance, where this product is useful to protect your business from loss or damage to property such as Buildings, Machinery, Equipment, and Inventory or Stock, caused by the risks covered in the Standard Fire Insurance policy.
- All Risk Property Insurance, where this product provides protection against unexpected, sudden and unintentional physical loss or damage other than things that are specifically excluded in General or Special Exclusions.
- Motor Vehicle Insurance, this type of insurance offers protection against motor vehicle damage or loss
- Group Health Insurance, this product provides insurance protection specifically by covering the costs of employee care or health. If there is a health problem such as suffering from an illness or having an accident.
- Transportation Insurance, this type of insurance provides protection against the risk of loss or damage including the costs incurred while the goods are in transit, either by land, sea or air.
