https://padlet.com/lilladvoraczky/xsvs6398iagn Personal Finance Unit 7.1 en-us 2017-04-26 16:55:27 UTC 2017-04-26 16:57:39 UTC hello@padlet.com lilladvoraczky https://padlet.com/lilladvoraczky/xsvs6398iagn/wish/168438253 2017-04-26 16:56:20 UTC https://padlet.com/lilladvoraczky/xsvs6398iagn/wish/168438253 lilladvoraczky https://padlet.com/lilladvoraczky/xsvs6398iagn/wish/168438343
If I was an owner of a garden supplies store there is a couple types of insurance that I would need. I would need general liability insurance to cover any accidents or injuries that occur at the store. In addition, “these policies protect against payments as the result of bodily injury, property damage, medical expenses, libel, slander, the cost of defending lawsuits, and settlement bonds or judgments required during an appeal procedure”  (pg. 5). I would also need product liability insurance to cover the products I sell at my store. This is helpful because, “Product liability insurance protects against financial loss as a result of a defect product that causes injury or bodily harm” (pg. 5). The last type of insurance that I would need is commercial property insurance. This is helpful because, “Property insurance covers everything related to the loss and damage of company property due to a wide-variety of events such as fire, smoke, wind and hail storms, civil disobedience and vandalism” (pg. 5). These are the three types of insurance I would need for my gardening store. ]]> 2017-04-26 16:56:37 UTC https://padlet.com/lilladvoraczky/xsvs6398iagn/wish/168438343