Student Instructions

For this assignment, you will select a moderately complex small business $($e$.$g$.,$ a small tech startup, a local gym, a mid$-$size restaurant$)$ and perform an in$-$depth evaluation of the potential liability risks associated with the business's operations. Your report should propose tailored insurance solutions to mitigate these risks, integrating them into a comprehensive insurance strategy. Adhere to the formatting guidelines provided below to structure your report.

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Report Formatting Guidelines

Introduction

$$ Business Overview: Provide a brief description of the selected small business, including the nature of its operations and the potential general and professional liability risks it faces.

Liability Risk Analysis

$$ Identification of Liability Risks: Discuss the specific liability risks associated with the business, such as customer injuries, product liability, or professional errors.

$$ Insurance Coverage Analysis: Detail the relevant insurance policies that could mitigate these risks, including Commercial General Liability $($CGL$),$ Commercial Umbrella Policy, and Cyber Liability Insurance, if applicable.