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Business Mistakes Can Cost Hundreds of Thousands of Euros, How to Protect Yourself?
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Last year, the largest business liability payout in Lithuania amounted to 280 thousand euros for an unsuitable product provided to a company's client. In total, during the year, Lietuvos Draudimas alone recorded almost 1,000 business liability insurance events, and the total amount of payouts exceeded 1.4 million euros. One business mistake can cost tens or even hundreds of thousands of euros, but some companies still consider this risk to be se…
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