Hi, to anyone who want to discuss or give me some ideas about this case study 2. I nearly finish the whole assignment but stop at the last case study. Not like case study 1, there is no similar case study or example in text book, so I am not quite sure about my answers. I mainly look at chapter 4 and chapter 6 for those two questions. If someone has already finish those questions, or is currently doing that, please give me some ideas. For general insurance, I recommended that they consider commercial insurance with options of fire, business interruption, accident damage, electronic equtipment,machinery breakdown, etc, public liability and product liability insurances. I am not looking for the answers for those questions, just want to know i am in the right direction. Really appreciate any helps! case study2 christopher and petra, two universtiy friends, have just purchased a small pie manufacutring business. The business currently employs one full -time pastry chef, one kitchen hand, one part-time driver and two shop assistants. Chrisopher will assist in the manufacuring side of the business while petra will act as manager. They are planning to employ an apprentice chef. They have each borrowd$150,000 to purchase the business. In addition, they have borrowed $200,000 to help them with cash flow until the business is able to generate enough income to cover all its expenses. They are leasing the premises, but eventually want to purchase some premises and their delivery vans. As the business graows they would like to increase this to three or more vans. Both christopher and petra have sufficient personal life insurance. However, they are concerned that they may not have adequate insurance to cover their exposure to the business in the event that either of them is no longer be able to participate in the business. They have come to you for advice a) describe the type of life insurance they should take out to cover the business in the event that either or both were unable to participate in the business. Provide an explanation of each product you recommend and justifications for your recommendations.where appropriate, you should provide dallar amounts for any insurance cover you recommend b) outline the types of general insurance they should take out to cover their new business. provide an explanation of each product you recommend and the reason for your recommendations.