A dentist or an attorney would buy malpractice insurance to transfer the risk of lawsuits.This is a type of ________ insurance.

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Quizplus · Accepted Answer

Malpractice insurance is a type of liability insurance specifically designed for professionals who provide services to others, such as dentists or attorneys. It helps to protect them financially in case they are sued by a client or patient for negligence or malpractice. Casualty insurance covers losses from accidents or unexpected events, surety insurance involves a third party guaranteeing the performance of a contract, and comprehensive insurance typically refers to comprehensive auto insurance, which covers a wide range of risks related to a vehicle.

A Dentist or an Attorney Would Buy Malpractice Insurance to Transfer