Managing Risk
Details: Speak with a local insurance agent (or your current insurance company) and determine the best insurance package for you and your venture, including the costs and deductibles. In a Word document, submit responses to the following:
A brief review of your risks (food poisoning, bodily injuries, property damage)
The insurance package that is appropriate for your needs, detailing what is covered (1,000,000/ 20,000; the medical bill can become expensive)
An alternative insurance package (500,000/ 15,000), detailing what is covered
Analyze both insurance packages and determine which is the best fit for you and the needs of your venture at this time; explain (medical expenses)
Did you feel the insurance agent you spoke to truly understood your venture and your needs? Why or why not?
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APA
667 words