Businesses have life cycles, just like people do. The needs of your business will change over time. This program will provide information on the basics of business insurance for small and start-up businesses. How well you manage your risk can make a difference in the success of your business. In doing business, you risk financial loss; loss of your own property, loss by others that you cause. An insurance policy transfers that risk to an Insurance company that will take on the specific financial risks for you that are spelled out in your policy.