Why do start-up companies often have difficulty obtaining product liability insurance? - 24325

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yousafbhutta

yousafbhutta

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  • Posted on: Sat 07 Sep, 2013
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Request Description

Why do start-up companies often have difficulty obtaining product liability insurance?
 
They cannot afford high premiums.
 
They do not have credibility in the market.

They fail to meet the standards set by insurance companies.
 
They do not receive government approval for insuring.
                                       

Solution Description

Why do start-up companies often have difficulty obtaining product liability insurance? They cannot afford high premiums. They do not have credibility in the market. They fail to meet the standards set by insurance companies. They do not receive government approval for insuri