Question:
What are the key differences between SME insurance and corporate insurance?
Answer
SME insurance is tailored for small and medium-sized businesses (SMEs), while corporate insurance is designed for large enterprises with complex risks. Both types provide essential coverage but differ in scale and flexibility.
Here's how they differ:
- SME insurance offers pre-packaged, cost-effective solutions for common risks.
- Corporate insurance provides customized, high-limit coverage for more extensive operations and risk exposures.
- SMEs benefit from simple policies covering property, liability, and staff.
- Corporate plans include advanced solutions like global coverage, cyber risk, and D&O liability.
- Corporate insurance often requires in-depth risk assessment and dedicated account management.
Click here to get a quote, connect with our Business insurance experts, and find the perfect plan for your Business.
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