Solved

Which of the Following Is True About Professional Indemnity Insurance

Question 79

Multiple Choice

Which of the following is true about professional indemnity insurance?


A) It provides liability 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, only negligence claims.
C) Doctors and lawyers are eligible to purchase this insurance, but not other professionals.
D) Professionals purchase malpractice insurance, not professional indemnity insurance.
E) Only accountants who are certified public accountants may purchase professional indemnity insurance.

Correct Answer:

verifed

Verified

Unlock this answer now
Get Access to more Verified Answers free of charge

Related Questions

Unlock this Answer For Free Now!

View this answer and more for free by performing one of the following actions

qr-code

Scan the QR code to install the App and get 2 free unlocks

upload documents

Unlock quizzes for free by uploading documents