We hear about Cyber attack impacting companies or government regularly (while writing this article, i read a data leak of 14,200 HIV patient in Singapore, less than a year after the cyber attack on SingHealth that had exposed 1.5 M medical data).
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Small business insurances help you control and manage the risks inherent to your business. As a business owner, you must have spent a lot of time, energy and resources to launch your venture and to keep it afloat.
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Businesses outsource their staff medical expenses to insurance companies via corporate health insurance. It is the best way to safeguard employees’ interests in the event of illness or bodily injury. However, there are certain corporate health insurance mistakes to avoid.
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This article provides an example of a real loss that was incurred by a restaurant in Singapore following sewage damage. The restaurant was closed for 1 month due to decontamination and renovation performed by the landlord. The month’s closure had a serious financial impact on the restaurant’s cash flow.
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