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Assignment in Insurance Policy

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Added on  2020-05-16

Assignment in Insurance Policy

   Added on 2020-05-16

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Running head: AUTO REPAIR GARAGE INSURANCEAuto Repair Garage InsuranceName of the StudentName of the UniversityAuthor Note
Assignment in Insurance Policy_1
1AUTO REPAIR GARAGE INSURANCECommercial auto insuranceThe insurance product or service in this paper is the auto repair garage insurance. Thechosen product or service in this regard is the commercial auto insurance. As the subject isinsurance, no specific product can be taken in this context. It would be better to take a service ofthe insurance policies (Schneider, 2012). In this case the commercial auto insurance has beenselected. There are many benefits of the commercial auto insurance. This insurance service is forthe benefit of the business customers. If the repair of the auto services is required, the owner ofthe vehicle will get the protection in real time. There will be no issues about who is driving thevehicle. 1.If there are any cases of lawsuit because of harsh driving by the drivers, this insurancepolicy will fix all the charges like the car damages, fees of the lawyer and all the medicalexpenses. 2.The insurance limits are higher so there will be no problem about returning the monetaryamount for the damages (Desyllas & Sako, 2013).3.If the employees of the company get into any accident, this insurance policy will save theemployees as well. It is because the employees are the main pillars of the organizations.The insurance will cover all the internal stakeholders of the organization and thus,employees will receive accidental benefits from the insurance.4.This insurance policy protects the business employees from all the lawsuits.5.This commercial auto insurance helps the business equipments like catering equipmentsto the hydraulic fits. This insurance coverage will allow the company to replace thesetools and equipments. Thus, the insurance will provide holistic coverage for thecompany.
Assignment in Insurance Policy_2

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