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Determine the financial costs for insurance

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You are conducting a summer sports day camp this year (you can choose the sport). You will have 100 male and female campers between the ages of 8 and 12. You will charge each camper $200 for the 5 day camp which lasts from 8 AM until 4 PM daily. Will you obtain insurance for your camp? Why, or why not? Justify your answer from a financial and risk management perspective. You will probably need to search online to determine the financial costs for insurance. After posting your response, please respond to at least two other classmates.

Reference no: EM131479662

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