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FORM -I-B. APPLICATION OF AN EXISTING INSURANCE AGENT FOR APPOINTMENT TO ACT AS COMPOSITE INSURANCE AGENT WITH ANOTHER INSURER (LIFE OR GENREAL OR HEALTH INSURANCE or MONO-LINE INSURANCE)
Business insurance protects you from the unexpected costs of running a business. Accidents, natural disasters, and lawsuits could run you out of business if youre not protected with the right insurance.
Definition: Proposal form is the most important and basic document required for life insurance contract between the insured and insurance company. It includes the insureds fundamental information like address, age, name, education, occupation etc. It also includes the persons medical history.
Business insurance is a kind of insurance that helps an enterprise to protect its financial assets, intellectual property and physical location from an unforeseen incident causing huge financial losses.
Examples of peril-specific policies include fire, flood, crime and business interruption insurance. All-risk policies generally cover risks faced by the average small business, while peril-specific policies are usually purchased when there is high risk of peril in a certain area.
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People also ask

Unlike commercial property coverage, general liability only provides coverage for damage and injuries your business causes to a third party. It does not cover damage to your business own property or injuries to your employees.
If you own a small business, a Business Owners Policy, or BOP, protects you from liability claims and lawsuits; safeguards your buildings, equipment and inventory; and covers you financially if your business unexpectedly shuts down from a covered loss.
An insurance form is another name for an insurance policy, and it specifies what perils your home and belongings are insured against.

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