Small to medium businesses are exposed to risks on a daily basis. The impact of these risks could cause a decrease in revenue andfor an increase in expenses. As we all know, every business is subject to risks at any time. The potential losses as a result of unmanaged risks could be catastrophic. As discussed in the unit lesson, insurance policies can be purchased that can help protect businesses from risks caused by certain events and from risks to their employeesT personal security. You have been given the task of persuading your business's board of directors to purchase insurance policies that will help manage the risks mentioned above. The insurance policies have already been chosen, but nowr you must explain the details of the insurance policies, including the contracts involved in the policies, to the board and convince the board that these policies really will protect the business from risks. In addition, you must describe what the terms in the insurance contracts mean and how they can be applicable to each business area. In order to this, you will need to create a PowerPoint presentation consisting of at least 10 slides, and complete the following tasks. Define insurance and an insurance policy