The first task to be completed before a comprehensive insurance program can be developed for your business is

Question

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Before developing an insurance program, it is important to identify the risks faced by the business. This will help in determining the right type and amount of insurance coverage needed to protect against those risks. Developing a financial plan and assessing internal strengths are also important steps in managing risk, but identifying risks comes first. Providing a business succession plan is a separate task that may be relevant but not directly related to developing an insurance program.

The First Task to Be Completed Before a Comprehensive Insurance