1. Explain what coverage's would be needed for a family of four living in a large metropolitan area. Both adult members are employed at a major firm in the area and one child is 8 years old and other is 3 years old. Assume they have a mortgage and each adult owns a vehicle. Both travel 20 miles to and from work. Home is worth 275.000 and they have swimming pool.
2. Prepare an insurance plan for a Day Care Center for preschool children. Make sure you identify each component of the plan. The property that you are using for the center is rented facility in downtown Chicago. Also, for a fee, you provide bus service to and from the center.