Essay Questions
1. Geraldo owns and operates a small restaurant, and he has invested a good deal of time and money in building his business. He employs 20 people and supports the local high school sports teams and clubs. Several family members work for the restaurant, and he has a reputation for providing good food and excellent service. Answer the following questions about insurance for Geraldo’s business.
a. Based on what you have learned about insurance so far, list and briefly describe three types of insurance coverages Geraldo should consider for his business. Your answer should include examples of why each of the coverages you selected would be important to Geraldo.
b. Geraldo has several options regarding where to purchase his coverage. In your opinion, do you feel he should contact an agent to help him select the right protection, or should he submit an application online and avoid talking to an agent completely? Explain the rationale for your answer.
2. You are in the process of buying a new car, and you are interested in selecting the correct insurance policy for your new vehicle. The article from your reading “15 Things You Need to Know About Buying Auto Insurance”(opens in a new tab) explains a number of factors to consider when buying a policy. List three of these factors from the article and explain why you feel each would be important to your decision-making process.
1. A common term used in the insurance business is risk. Define risk and provide two examples of the types of risks you face on a daily basis either personally or in your occupation.
- Assignment status: Already Solved By Our Experts
- (USA, AUS, UK & CA PhD. Writers)
- CLICK HERE TO GET A PROFESSIONAL WRITER TO WORK ON THIS PAPER AND OTHER SIMILAR PAPERS, GET A NON PLAGIARIZED PAPER FROM OUR EXPERTS

Recent Comments