Before applying for any insurance policy, you first need to identify and understand the risks and needs of your company. You need to imagine the worst scenario that could possibly happen to your company, and come up with the potential consequences. This way, it will be easier for you to identify your threats and needs. As a business owner, you should remember that it is not only about the company, but also about its customers and employees. So when you choose your coverage, make sure it protects all aspects of your business.