of the three major types of insurance,which is most important for an independent meeting profeesional with...

of the three major types of insurance,which is most important for an independent meeting profeesional with a smaal planning company?

Expert Solution

Besides life and health insurance which are must for every person irrespective of his /her work, age and lifestyle, the next most important insurance is the insurance against unemployment. The business of independent meeting planner or any such business with small companies have very good growth opportunities as this type of work provides the job holder to showcase his /her skills and reap rewards for hard work. However, business scenario can change rapidly, the organisations which are profitable no longer so with time, and new business models take over the old ones. IN such uncertain environment, the person must have insurance against job loss, so as to provide temporary relief in paying the bills and provide help in sustaining the lifestyle, till an alternative employment is found.

keosha answered 2 years ago

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