Liability insurance on the facility

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Reference no: EM13923013

Your current facility meets the relevant NFPA codes, and your employer pays $100,000/year in liability insurance on the facility. Upgrading the meet the facility to meet the insurance company’s guidelines would cost $80,000, but would lower your annual insurance bill by 30%. Should your company upgrade? It expects a 15% return on all investments.

Reference no: EM13923013

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