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Research appropriate insurance plans

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Research appropriate insurance plans

Research, identify, and describe appropriate insurance plans for a small business. This involves interviewing an insurance broker and/or searching the library/Internet for information. Complete your response by answering the following:

1. Describe the types of policies and coverage needed for a typical small business.

2. List the appropriate limits, deductibles, exclusions, and premiums, for the coverage identified in Q1.

3. Explain how insurance can mitigate the risks a small company faces, and discuss its limitations.

4. Describe the various risks a small company needs to mitigate. 

5. Explain how much the various policies cost on an annual basis. (Use any relevant online or professional quotes to get a feel about the cost level)

6. Describe the various sources of these policies, and discuss how the policies can be obtained.

7. Present an insurance coverage plan for a business you would like to start or work for. What coverage is needed, and how much will the plan cost?

APA standard is not required for this assignment.

Reference no: EM131478608

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