Business insurance costing for the purpose of decision-making calculi
Business insurance costing for the purpose of decision-making calculi

Summary/Abstract: The range of insurance products is extremely extensive, including insurance directed at both natural persons and business entities. Insurance addressed to entrepreneurs is an extremely individual product normally prepared based on the individual needs and considerations of a given business entity. Despite the fact that in the context of using insurance as a risk management method its cost is only one of the features which determine the structure of an insurance portfolio, in practice it is frequently the most significant factor contributing to a decision on purchasing insurance.

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