Many people take it for granted and failed to realize that there are actually a lot of advantages of having an insurance in business ventures. A lot of people always think that insurances are either a waste of time and money, a way to spend your money to not get anything in return or simply not being too confident on your business that you already are thinking of what would happen to you after a few tries. From a personal perspective, I think it is just all about pride of the businessmen. While having pride on your product is not a bad thing, having too much of it could really hurt big time. Keep in mind that by having an insurance, you get to make sure that your business will go far places, even if sudden disasters struck the business because there will always be contingency funds that would be made available for you. People have to put in their minds that having an insurance is not a way to anticipate that your business will fail, but a plan B if in case some bad happens. Start eating that pride for the sake of the business itself, and the people relying on it.