Monday, May 7, 2012

Reads Like Manila

There was a fire at a bar in Busan, South Korea recently. 9 People died due to inhalation of toxic smoke. Those who survived the tragedy said they couldn't find the exit. South Korea is known to be a conservative country. People abide strictly to their laws. 

I am thinking that the bar would have some for of commercial liability insurance quote to cover it's losses. However, lives were still lost because the customers couldn't find the exit. It makes me wonder why exits were not clearly marked. Business owners should start looking around for a commercial liability insurance quote from reputable insurance companies should something like this happen. It's one thing to lose your business over some tragedy but it's another thing to lose lives over your negligence.

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