Multiple Choice
Which of the following is true about professional indemnity insurance?
A) It provides coverage in the event that a professional is sued for failing to live up to his or her professional responsibilities.
B) It does not cover malpractice claims.
C) Professionals who might be subject to malpractice claims usually do not purchase professional indemnity insurance.
D) It provides coverage in the event that a professional is sued for malpractice,but not for failing to live up to his or her professional responsibilities.
E) Doctors,lawyers,and accountants may purchase this type of insurance,but not other professionals.
Correct Answer:
Verified
Correct Answer:
Verified
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