Question
Highlight four reasons why employers are expected to provide their employees with insurance cover.
Answer
(i) It is a legal requirement
(ii) To motivate workers to provide quality goods and services.
(iii) To cater for their medical expenses when they are hospitalized.
(iv) To ensure that employees have financial security later after retirement.
(v) To encourage the saving habit among employees.
(ii) To motivate workers to provide quality goods and services.
(iii) To cater for their medical expenses when they are hospitalized.
(iv) To ensure that employees have financial security later after retirement.
(v) To encourage the saving habit among employees.
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