Question: QUESTION 2 2 . 1 Thando and Ayanda have noticed a surge in criminal activity around the shopping malls where their vending machines are located.
QUESTION
Thando and Ayanda have noticed a surge in criminal activity around the shopping malls where their vending machines are located. This increase in theft and vandalism has raised concerns about the security of their vending machines and products. To safeguard their business, they are considering taking out insurance.
Advise Thando and Ayanda on the TWO main types of insurance available. You must also include TWO practical examples to demonstrate your independent understanding of the respective types of
insurances.
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