please can you list insurance policies that might have helped to limit the risk of thailand...

please can you list insurance policies that might have helped to limit the risk of thailand companies and companies outside of thailand. that were affected by the Thaifloods in 2011. how would these insurance policies help

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Expert Solution

Answer: The following are the three types of insurance policies that might have helped the companies in limiting the risk during the Thai floods in 2011.

Property insurance: This covers the damages to the essential business properties like the building, equipment, and computers and so on. A special coverage for natural disaster is required for such policies.
Business disruption coverage: This type of insurance covers the damage that is caused by the disruption in the business for different types of reasons like natural disasters.
Insurance for natural disasters: These are special types of policies that are used for insuring the damages that are caused by the natural calamities like earthquakes, floods and so on.

keosha answered 1 year ago

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