Bookkeeping and Accounting Setup
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Insurance and Risk-Transfer Program
Clarify insurance and risk-transfer program as a first-time owner: what decision you are making, what must happen now, what can wait, and the next concrete action.
6 guided steps
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Official guidance links
Start the free checker
Your free guided checker
Answer a few quick questions below. It is private - nothing is submitted or stored - and takes about a minute.
General information only; not legal, tax, insurance, cybersecurity, or investment advice. Confirm formation decisions with qualified advisers in every applicable jurisdiction.
The questions this tool walks you through
Here is what the checker asks and why each step matters. Prefer to talk it through? Contact us and we will help directly.
Have you mapped actual exposures to general, professional, cyber, product, auto, property, workers’ compensation, disability, and umbrella coverage—including exclusions and contract limits?
Answer based on what you genuinely know today. A “No” identifies a question or task; it does not mean you made a mistake.
Continue to the next control. Note this item for your final action list, then continue.
Official guidance: Official formation guidance
What is the largest realistic loss a client, mistake, data breach, product, vehicle, or damaged property could create for you personally?
Answer based on what you genuinely know today. A “No” identifies a question or task; it does not mean you made a mistake.
Continue to the next control. Note this item for your final action list, then continue.
Official guidance: Official formation guidance
Have you asked whether client contracts require specific coverage, limits, additional-insured status, or proof before work begins?
Answer based on what you genuinely know today. A “No” identifies a question or task; it does not mean you made a mistake.
Continue to the next control. Note this item for your final action list, then continue.
Official guidance: Official formation guidance
Do you know which agency, professional, or provider handles insurance and risk-transfer program, what it may cost, and how long it usually takes?
Answer based on what you genuinely know today. A “No” identifies a question or task; it does not mean you made a mistake.
Continue to the next control. Note this item for your final action list, then continue.
Official guidance: Official formation guidance
Can you separate what must be completed for insurance and risk-transfer program before the first client or payment from what can wait?
Answer based on what you genuinely know today. A “No” identifies a question or task; it does not mean you made a mistake.
Continue to the next control. Note this item for your final action list, then continue.
Official guidance: Official formation guidance
Have you written the next three actions for insurance and risk-transfer program, in order, with an owner and target date?
Answer based on what you genuinely know today. A “No” identifies a question or task; it does not mean you made a mistake.
Document the conclusion and take it to the appropriate attorney, CPA, regulator, insurer, or security adviser. Record the gap, responsible person, due date, and professional question before launch.
Official guidance: Official formation guidance
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