PLEASE READ MY QUESTION AND ONLY RESPOND TO MY QUESTION. THANK YOU

Question: (minimum 200 word limit, plagiarism free).

Insurance is a major concern. Especially that the product is a foodstuff and there is a significant potential for liability, especially during COVID 19 era. Here, can you think of any particular insurance strategy/ policy that fits Tong's business (story below)?.

Tong, a new immigrant from China, recently graduated with a BBA from Yorkville University. Her father, who is vice president of a factory in China producing unique rice and noodle sauces, is keen on opening up in the Canadian market. Fortunately, Tong had made many friends in the BBA program who were somehow connected to the food service industry.

To make his case to the shareholders in China, Tongs father wanted her to write up all the requirements to legally sell their products in Canada including packaging, labeling, insurance, and payment options. Tong came to you for help.