compulsory insurance requirements
Some countries stipulate compulsory insurance requirements on businesses wherein they must purchase and maintain certain types of insurance coverage to operate in the country.
compulsory insurance requirements
Some countries stipulate compulsory insurance requirements on businesses wherein they must purchase and maintain certain types of insurance coverage to operate in the country.
Additional Information
Examples of they types of insurance that may be required include fire insurance on certain types of buildings, automobile liability, workers compensation, or inland marine on goods transported by trucks. Frequently, these coverages must be purchased from an admitted insurer in the host country or from the foreign government itself.
