Work-related accidents can often lead to tragic news of death or serious injury to employees of a company. The law enforces that such damage must be covered in terms of insurance.

Transportation of good within the city or outside the country is done via vessels that carry goods. Hull insurance is usually employed for aircrafts.

Companies often deal with profit loss when operations are not performed functionally. Business interruption usually covers all costs including fixed costs as well.

Not a lot of policies cover weather or environment damage. They are covered to a limited extent when urgent help can be required at times.

Seeking to cover a risk can be a difficult part on the insurer’s behalf when the sum is too large or when the treaty does not provide coverage.

A unique set of skills can differentiate one employee from another in a company. In the absence of such knowledgeable skilled people, companies can suffer losses.

Recalling products often happens when products turn out to be defective or have some security issues.

Companies are bound to face operation-breakdowns in their everyday business that takes place.

Commercial use of vehicles has become important nowadays. People and good have to transport often from one place to another.

Takaful is a sharia compliant form of Islamic insurance where members contribute to a pooling system in order to protect each other against loss or damage.