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Discuss how personal insurance needs are similar

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Reference no: EM133204119

Insurance policies exist to minimize risks and damage that may be caused by unforeseen events. No business should be run without insurance.

Provide a scenario in which insurance policies may mitigate risks in a small business. Discuss how personal insurance needs are similar or not similar to business needs. Choose and describe an insurance product that can be utilized in your personal life and how it can minimize your personal risk.

Reference no: EM133204119

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