Insurance of Risks of Small and Medium-sized Enterprises
Authors | |
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Year of publication | 2013 |
Type | Article in Proceedings |
Conference | European Financial Systems 2013. Proceedings of the 10th International Scientific Conference |
MU Faculty or unit | |
Citation | |
Field | Economy |
Keywords | insurance; business risks insurance; small enterprises; medium-sized enterprises; risks of entrepreneurship |
Description | Insurance of risks of enterprises belongs to the most important parts of every insurance market with developed market economy. It helps to stabilize the operation of the business entity and its economy as well. The damages suffered by the company are covered by insurance benefit and the company can use its available funds for development activities, instead of having to spend them on renewal of its assets or processes. Currently, on the insurance market there is a large number of products that cover the vast majority of insurable risks. |