- Writing a Business Plan
- Financial Statements
- Business Forecasting
- Business Checklist
The operating plan should indicate the all types of insurance your proposed business venture require. The type of insurance a business will need certainly depends on the nature of the business. The operating Plan will simply list each type of insurance, the name of each insurance company, broker or agent, the cost of each type of insurance, when each insurance payment is to be paid, and the reason the business requires the identified insurances.
To develop an insurance strategy for your business, consult several insurance companies and existing entrepreneurs. Be Careful - you don't want to be under or over covered.
Below lists several types of business insurances which may apply to your Operating Plan.
|General Liability Insurance||Term Life Insurance|
|Product Liability Insurance||Medical Insurance|
|Automobile Liability Insurance||Group Insurance|
|Fire & Theft Liability Insurance||Worker's Compensation Insurance|
|Business Interruption Insurance||Shareholders' or Partner's Insurance|
|Personal Disability Insurance||Overhead Expense Insurance|
|Key Person Insurance||Malpractice Insurance|
|Business Loan Insurance||Errors and Omissions Insurance|
|Crime Insurance||Glass Insurance|
|Personal Insurance||Marine Insurance|
For more information relating to the Components of the Operating Plan, visit to the section labelled Operating Plan.