It increases borrowing capacity of business firms
                while granting loan, banks and financial institutions perfer business firms
                    whose properties are insured. the insured properties work as good whose
                   collateral against borrowing, the landers grant adequate loan against such
                   collateral.thus it increases the borrowing capacity of business firms.

                       It increases business efficiency
                
                      uncertainty of loss may spoil the efficiency of business people.under non-
                      life insurance, the owner of the business guaranted a payment against
                      damage, destruction or dissappearance of property. as a result, the business
                     people can work with free of mind and wiyh increased efficiency.

                             It help in social property
                        Non-life insurance protect against the loss from damage property at fire,
                       accident etc. cattle, crop, profit , and machines are also protected against
                     their accidental and econamic losses. this help the people and businees to
                     prosper who are memeber of the society, the prosperity of the members of the
                   society contributes to the wellbeing of the society as a whole

                      It contributes to economic growth
             Non-life insurance protects against loss of property and encourages people
                to allocate more capital to produce more wealyh. for example, it promotes
                agricultural development by offering protection against loss of cattle and
              corps. it also promotes business growth by offering protection against loss of
              businessproperty or by minimizing business liability created by accidents,
            fire ans so on. As a result it contributes to yhe economic growth of the nations.