Grid Tool Company makes and sells tools and other hardware supplies. To cover injuries to consumers if the products prove de?fective, Grid Tool should obtain

Question

Quizplus · Accepted Answer

Liability insurance is specifically designed to cover injuries or damages caused by the products or services of a business. Therefore, it would be the appropriate type of insurance for Grid Tool Company to obtain to cover any potential defects in their tools and hardware supplies. Disability, health, and life insurance would not provide coverage for product defects.

Grid Tool Company Makes and Sells Tools and Other Hardware