Tag: Business Risks and Insurance
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What should the Parkers consider when deciding what insurance coverage they need?
Business Risks and Insurance Bob and Barbara Parker are in their 30s and have been married for 7 years. They have 2 children. They own 2 cars and a home valued at $500,000. Bob owns 50% of a garage door installation company valued at $2,000,000. The business provides the Parkers with a gross annual income…